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PREDICTIVE ANALYTICS, MODELING NEWS

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Predictive analytics and modeling news trends l.jpg

Predictive Analytics and Modeling News / Trends

A Presentation by

Claude Penland, Associate of the Casualty Actuarial Society

www.ClaudePenland.com


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What’s New?

  • $3 Million in Health Analytics Prize Money Available http://bit.ly/groYXc

  • RESIN, AI blackboard-based agent that leverages interactive visualization and problem solving http://bit.ly/f5nlCH

  • Johns Hopkins is Building a Supercomputer for Data Mining http://bit.ly/eV25ge

  • DePaul University new Center for Data Mining and Predictive Analytics http://bit.ly/ebljhz


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Interesting Applications

  • Predictive Analytics Applied to the Hospital Billing Process http://bit.ly/gpX9ak

  • Competitive Market Analysis of Auto Insurance Companies http://bit.ly/ezsTa8

  • Educational Data Mining is becoming popular http://bit.ly/fM0M1a

  • Predictive Analytics Applied to Data Centers http://bit.ly/i772qt


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Interesting Apps, Continued

  • New Model Predicts Presence of Meth Labs Very Accurately http://bit.ly/aIgUGH

  • Analyze 50% of Annual Tweets for $360K/year http://bit.ly/an8pTt

  • Monitoring Physician Performance for Predictive Profiling http://bit.ly/bYt4sg

  • Are You Arguing With a Real Person or a Bot? http://bit.ly/9fgEg4


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Interesting Apps, Three

  • 5 Ways Predictive Analytics Can Monetize Social Networks http://bit.ly/b0oPwg

  • truthy.indiana.edu can uncover Astroturfing and Political Tactics http://bit.ly/9YVnjG

  • Medicare Predictive Modeling Provision included in Small Business Lending Act http://bit.ly/bOx7zB

  • Employee contributions to revenue http://bit.ly/aTmhbS


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Interesting Apps, Four

  • Predicting Employee Success http://bit.ly/clox2R

  • Commercial Insurers Who Use Predictive Modeling are seeing Pricing Strength http://bit.ly/aIrtlV

  • Plan a Healthcare System using Link Analysis (Data Mining) http://bit.ly/btUeRF

  • The Ability to Analyze Social Connections is Proving Increasingly Useful http://bit.ly/cKGFZb


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Interesting Apps, Five

  • Predictive Analytics for Phone Calls, and Call Data Mining http://bit.ly/i06aCs

  • Forecast Career Paths by Resume Analytics http://bit.ly/gvlFKJ

  • Criminal Reduction Utilizing Statistical History, UK & USA Predictive Analytics http://bit.ly/9Gge1p

  • Tool for Insurance Project Management http://bit.ly/dmKx1P


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Interesting Apps, Six

  • Thorotrends offers research/analytics for horse racing http://bit.ly/diinec

  • Recorded Future scans Twitter accounts, blogs, and websites to find relationships, organizations, actions and incident data related to topics like terrorism. http://bit.ly/beJTzA


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Dilemmas

  • Should data mining be used by insurance companies to predict longevity? http://bit.ly/eTZRWP

  • Which Mistakes Make a Top 10 Analytics Mistakes List? http://bit.ly/9HMXCv

  • The Predictive Analytics Data Dilemma at Insurance Companies http://bit.ly/dVZNQo


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Data Changes

  • Should Health Records Be Overhauled? http://bit.ly/gDusR1

  • EMB creates new vehicle symbols for better Analytics http://bit.ly/ebh6jZ


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Investments

  • Predixion gets $3 million to Develop Data Mining and Analytics Software http://bit.ly/a3dI1n


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Who’s Hiring?

  • Accenture to Create 100 Predictive Analytics Jobs in Ireland http://bit.ly/gcH0Nh

  • Can You Perform Your Analytics Job in Your Slippers? http://bit.ly/hhYjff

  • Growth in Jobs that mention Statistics, 5-year trend graph http://bit.ly/aQGSRG

  • Growth in Jobs that require Analysis, 5-year trend graph http://bit.ly/fd24k1


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Conferences

  • Predictive Analytics World in SF in March 2011 http://bit.ly/f1YA7N

  • Enterprise Data World, Chicago, April 3-7, 2011 http://bit.ly/hKVdjM


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What Else?

  • Rapid Miner is a Free Program to perform Predictive Analytics http://bit.ly/bqk2pl

  • 11Ants Model Builder launched to perform Predictive Analytics in Excel http://bit.ly/czUsaV

  • R Programming Language: How Google and Facebook Use It http://bit.ly/9cniln

  • Pharmaceutical Companies Need Predictive Analytics http://bit.ly/ay2Of0


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What Else? Continued

  • What Can Business Learn From American Idol Regarding Predictive Analytics? http://bit.ly/c2dxDb

  • FBTO discusses Predictive Analytics with regards to selling Auto Insurance http://bit.ly/bld3Q4

  • Integrate R Analytics into Applications, Customized Reports and Sites http://bit.ly/a6u6ur

  • Predictive Analytics Articles on Credit Scores, Insurance and Getting Started http://bit.ly/dUiNnJ


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What Else? Three

  • Google has a Predictive Analytics API http://bit.ly/dEN4HW

  • Understanding Prediction and Segmentation in Marketing Analytics http://bit.ly/i2rXBg

  • SAS Rapid Predictive Modeler software launched http://bit.ly/hxh9NH


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Wrap Up

  • Check out www.PredNews.com for regularly updated predictive modeling and analytics news and trends

  • Thank you!


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