Many retailers analyse the results of their promotions, but what if they could predict which ones will produce the best response before spending time and money creating and sending them out? That’s a question Mohamad Khatib, senior project manager at Nielsen, was able to answer for pizza businesses, which often get a good chuck of
In most lists of the most popular software for doing data analysis, statistics, and predictive modeling, the top software tools are Python and R—command line languages rather than GUI-based modeling packages. There are several reasons for this,...
Despite the potential benefits and return on investment for their clinical and operational goals, just 15 percent of hospitals are using some kind of advanced predictive modeling, according to a new survey. Of the 15 percent who...
Big data and predictive analytics are being used by business and industry to make changes and improve processes and operations in big ways. From handling 50 billion Facebook photos to decoding the human genome, the practical applications...
Data science has a measurement problem. Simple metrics may not address complex situations. But complex metrics present myriad problems. What is the best way to quantify the quality of your classification algorithm? As we strive for better...
For more case studies on Predictive Analytics and Healthcare, check out PAW Healthcare, September 27 – October 1, 2015 in Boston. Big data is proving to be one of the best weapons in the fight against measles—and...
In today’s digital age, organizations expend a lot of effort to reach out to their customers digitally and enhance every touch point. Mobile technology, social media, cloud computing, embedded devices, big data and analytics have radically changed...
For more from Gene Tange, see his presentation on Driving High Performance Business Outcomes Through Predictive Team Analytics at Predictive Analytics World for Workforce, March 29-April 2, 2015 in San Francisco. A SENIOR LINE EXECUTIVE in a...
For more case studies on Predictive Analytics and Manufacturing, check out PAW Manufacturing, June 8-11. 2015 in Chicago. Picture this: a shop floor manager sits, hunched over the desk. It’s late, long past the shift change but he’s...
It’s impossible to escape the terminology Big Data these days. It’s taken on faddish dimensions of popularity with various theories and ideas proposing the best way to tackle and manage the increasing amounts of information we generate...
