Original Content
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...
By: Yan Krupnik, Marketing Manager,
RetalonEvery 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...
By: Yan Krupnik, Marketing Manager,
RetalonPredictive analytics is a hot topic. It has certainly created quite a buzz recently. In fact, a quick look at Google Trends reveals that there has been an over 300% spike in worldwide searches for predictive analytics...
Predictive Analytics is one of the hottest careers on the tech scene these days and with good reason: data is being collected in ever greater amounts, and this data, it turns out, is useful for improving decisions...
By: Dr. Eric Siegel, Executive Editor, Predictive Analytics Times
There's a surprising twist. While some question whether the prescient machines that drive decisions by way of induction and prediction are trustworthy, an emerging problem is that they often predict too well. Predictive technology is so powerful,...
We live in an era of Big Data and predictive analytics, and Nate Silver's not the only one who's noticed this. I recently sat down with Dr. Eric Siegel to talk about new book, Predictive Analytics: The...
Predictive analytics is just a bunch of math, isn’t it? After all, algorithms in the form of matrix algebra, summations, integrals, multiplies and adds are the core of what predictive modeling algorithms do. Even rule-based approaches need...
