Every day’s a struggle. I’ve faced some tough challenges such as which surgery to get, how to invest for my business and even how to deal with identify theft. With so much stuff coming at me from all angles, daily prosperity relies on spam filters, Internet search engines, and personalized music and movie recommendations. My mailbox wonders...
(Part 2 of 11 of the Top 10 Data Mining Mistakes, drawn largely from Chapter 20 of the Handbook of Statistical Analysis and Data Mining Applications)...
One of the most challenging aspects of the retail process is the collaboration between retailers and their suppliers or vendors. No matter how prepared a retailer can be they are still dependant on the vendor to provide...
The Cross Industry Standard Process for Data Mining (CRISP-DM) is the leading published methodology for Data Mining (DM), and by extension, Predictive Analytics (PA). I use it routinely as I lead PA projects and when I...
This BeyeNETWORK spotlight features Ron Powell's interview with Eric Siegel, founder of Predictive Analytics World and author of Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die...
While writing my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, a certain well-known book strongly influenced me to make the science accessible, relevant, and even entertaining: Freakonomics: A...
Technology: complex and alienating, or promising and fascinating?...
It's like an irritating fly buzzing around your head – "Big Data". Do I have to hear the term one more time? As a Data Scientist who interacts with hard data problems on a daily basis, the...
We’ve already discussed why predictive analytics works so well in the retail industry. In order to illustrate a more pragmatic example of the kind of complex challenges predictive analytics technology helps retailer solve, we look at...
A 2012 Gartner survey of over 1300 IT managers and business users already use or plan to use cloud-based or SaaS (Software as a Service) products in the next twelve months. Cloud-based computing is still...
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