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PREDICTIVE ANALYTICS

PREDICTIVE ANALYTICS, MODELING NEWS

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PREDICTIVE ANALYTICS

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  1. Predictive Analytics and Modeling News / Trends A Presentation by Claude Penland, Associate of the Casualty Actuarial Society www.ClaudePenland.com

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. Data Changes • Should Health Records Be Overhauled? http://bit.ly/gDusR1 • EMB creates new vehicle symbols for better Analytics http://bit.ly/ebh6jZ

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

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. Wrap Up • Check out www.PredNews.com for regularly updated predictive modeling and analytics news and trends • Thank you!

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