Greta Roberts, CEO Talent Analytics, Corp.
Human Resources Feels Pressure to Begin Using Predictive Analytics Today’s business executives are increasingly applying pressure to their Human Resources departments to “use predictive analytics”. This pressure isn’t unique to Human Resources as these same business leaders are similarly pressuring Sales, Customer Service, IT, Finance and every other line of business (LOB) leader, to do
By: Dean Abbott, Co-Founder & Chief Data Scientist, SmarterHQ
President, Abbott Analytics
Excerpted and modified from Chapters 3 and 4 of Mr. Abbott’s book Applied Predictive Analytics, Wiley 2014 The Data Understanding stage of a predictive analytics project is intended to uncover the characteristics of the data available for...
By: Brian Laney, VP of Sales, Alert Tech
We’ve heard a lot about how big data is changing the world, and even more about the changes that are still to come. There is more data collected now than at any other point in history, but...
By: Herman Jopia, First Vice President and Data Analytics Manager, American Savings Bank
Introduction One of the main concerns in a credit scoring project is the extraordinary amount of time required for its development, usually months after the data has been collected. Most of this time is concentrated on a...
By: Zach Beaver, Data Scientist, Elder Research, Inc.
A Fateful Tale Ted is having a rough week at work. As a call-center employee, his main focus is on customer retention and offering promotions to his company’s current subscribers. For some reason, his numbers are horrible...
By: Yan Krupnik, Business Development Manager, Retalon Predictive Analytics
Based on the amount of retailers that have been forced to shut their doors in 2015 alone, there is a major shift that is moving through the retail industry at full force. (Here’s the list of stores...
By: Richard Boire, Founding Partner, Boire Filler Group
Data,data,data everywhere and what do I do with it. How do I make sense of it that is useful to the business? More importantly, how do I tell the story now that the solution is built? VISUALIZATION....
By: Venkatesh Seshachar, Principal Consultant & Pradeep Rao, Senior Data Scientist, Wipro
In the increasingly patient-centric world of healthcare, predictive analytics has taken firm hold as a means for healthcare organizations to improve patient outcomes. Predictive models for determining patient responses to medication, lowering hospital readmission rates, assessing risk...
By: Philip O'Brien, MIS and Portfolio Manager, Paychex
So you have gathered your data and completed your exploration and cleansing. You labored countless hours transforming the data and created a strong model that can revolutionize the way your company sees its clients, makes decisions and...
Predictive analytics sounds almost mystical, and in a way, it is. By studying complex, almost impermeable data about the past, you can chart trends that course well into the future. While predictive analytics can’t predict the future...
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