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predictive analytics and modeling news trends

Predictive Analytics and Modeling News / Trends

A Presentation by

Claude Penland, Associate of the Casualty Actuarial Society

what s new
What’s New?
  • $3 Million in Health Analytics Prize Money Available
  • RESIN, AI blackboard-based agent that leverages interactive visualization and problem solving
  • Johns Hopkins is Building a Supercomputer for Data Mining
  • DePaul University new Center for Data Mining and Predictive Analytics
interesting applications
Interesting Applications
  • Predictive Analytics Applied to the Hospital Billing Process
  • Competitive Market Analysis of Auto Insurance Companies
  • Educational Data Mining is becoming popular
  • Predictive Analytics Applied to Data Centers
interesting apps continued
Interesting Apps, Continued
  • New Model Predicts Presence of Meth Labs Very Accurately
  • Analyze 50% of Annual Tweets for $360K/year
  • Monitoring Physician Performance for Predictive Profiling
  • Are You Arguing With a Real Person or a Bot?
interesting apps three
Interesting Apps, Three
  • 5 Ways Predictive Analytics Can Monetize Social Networks
  • can uncover Astroturfing and Political Tactics
  • Medicare Predictive Modeling Provision included in Small Business Lending Act
  • Employee contributions to revenue
interesting apps four
Interesting Apps, Four
  • Predicting Employee Success
  • Commercial Insurers Who Use Predictive Modeling are seeing Pricing Strength
  • Plan a Healthcare System using Link Analysis (Data Mining)
  • The Ability to Analyze Social Connections is Proving Increasingly Useful
interesting apps five
Interesting Apps, Five
  • Predictive Analytics for Phone Calls, and Call Data Mining
  • Forecast Career Paths by Resume Analytics
  • Criminal Reduction Utilizing Statistical History, UK & USA Predictive Analytics
  • Tool for Insurance Project Management
interesting apps six
Interesting Apps, Six
  • Thorotrends offers research/analytics for horse racing
  • Recorded Future scans Twitter accounts, blogs, and websites to find relationships, organizations, actions and incident data related to topics like terrorism.
  • Should data mining be used by insurance companies to predict longevity?
  • Which Mistakes Make a Top 10 Analytics Mistakes List?
  • The Predictive Analytics Data Dilemma at Insurance Companies
data changes
Data Changes
  • Should Health Records Be Overhauled?
  • EMB creates new vehicle symbols for better Analytics
  • Predixion gets $3 million to Develop Data Mining and Analytics Software
who s hiring
Who’s Hiring?
  • Accenture to Create 100 Predictive Analytics Jobs in Ireland
  • Can You Perform Your Analytics Job in Your Slippers?
  • Growth in Jobs that mention Statistics, 5-year trend graph
  • Growth in Jobs that require Analysis, 5-year trend graph
  • Predictive Analytics World in SF in March 2011
  • Enterprise Data World, Chicago, April 3-7, 2011
what else
What Else?
  • Rapid Miner is a Free Program to perform Predictive Analytics
  • 11Ants Model Builder launched to perform Predictive Analytics in Excel
  • R Programming Language: How Google and Facebook Use It
  • Pharmaceutical Companies Need Predictive Analytics
what else continued
What Else? Continued
  • What Can Business Learn From American Idol Regarding Predictive Analytics?
  • FBTO discusses Predictive Analytics with regards to selling Auto Insurance
  • Integrate R Analytics into Applications, Customized Reports and Sites
  • Predictive Analytics Articles on Credit Scores, Insurance and Getting Started
what else three
What Else? Three
  • Google has a Predictive Analytics API
  • Understanding Prediction and Segmentation in Marketing Analytics
  • SAS Rapid Predictive Modeler software launched
wrap up
Wrap Up
  • Check out for regularly updated predictive modeling and analytics news and trends
  • Thank you!