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 the retail allocation process...
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...
In anticipation of their upcoming conference presentation at Predictive Analytics World Boston, "Shaping Sales Strategy with Predictive Analytics," we asked Philip O'Brien - MIS and Portfolio Manager and Tom Kern – Risk Modeling Analyst at Paychex -...
In anticipation of his upcoming conference presentation at Predictive Analytics World Boston, "How Predictive Analytics Can Drive Marketing Strategy," we asked Vikash Singh, Director, Marketing Analytics at AutoNation, a few questions about his work in predictive analytics....
Who benefits by predicting your behavior? Organizations do—companies, government agencies, and political campaigns. They employ predictive analytics, technology that learns from data to render per-person predictions, one individual at a time...
In anticipation of his upcoming conference presentation at Predictive Analytics World Boston, How Much Are You Worth? – Calculating Customer Lifetime Value," we asked Brett Cohen, Senior Business Intelligence Analyst at AOL, a few...
The recent leaks about the NSA's use data mining and predictive analytics has certainly raised awareness of our field and has resulted in hours of discussions with family, relatives, friends and reporters about what predictive analytics can...
Mining data to extract useful and enduring patterns remains a skill arguably more art than science. Pressure enhances the appeal of early apparent results, but it is all too easy to fool oneself. How can one resist...
Every retailer wishes to have the right product at the right place at the right time. In order to achieve this there is a lot of thought put into inventory management, allocation, and replenishment processes. Most retailers...
Big data is the big buzz word in the world of analytics today. According to google trends, shown in the figure, searches for "big data" have been growing exponentially since 2010 though perhaps is beginning to level...
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