Businesses today are constantly generating enormous amounts of data, but that doesn’t always translate to actionable information. Over the past several years, my research group at MIT and I have sought answers to a fundamental question: What would it take for businesses to realize the full potential of their data repositories with machine learning? As we worked
There’s a lot of talk right now about how big data is going to change insurance. Artificial intelligence and prescriptive analytics are definitely coming, and they will definitely change the insurance industry. To get a better idea...
The three presidential debates during the 2016 election year were of historical importance. This election campaign is likely to shape the political discourse for the country by unprecedented proportions. The stakes are high and candidates unique. For the...
At the intelligence community’s research and development agency, the wisdom of the crowd is often more important than that of experts. The Intelligence Advanced Research Projects Activity is running several simultaneous research expeditions into how crowdsourced...
It’s no secret that there’s a shortage of data scientists in America’s workforce. Many companies look to hire overseas to help ease the domestic talent shortfall (in fact, one in three data scientists are born outside the...
With the ever-rising expectation of getting whatever we want, whenever we want it, companies are no longer waiting for orders to be placed. Instead, they are moving towards predictive fulfillment – using data and machine learning to...
Save the date—speaker submissions are now open for spring/summer 2017 Predictive Analytics World events. Share how predictive analytics impacts your organization at the leading cross-vendor event for predictive analytics professionals, managers and commercial practitioners. As a speaker,...
For more on government applications of predictive analytics, see Predictive Analytics World for Government, October 17-20, 2016 in Washington, DC. Governments have much to gain from applying algorithms to public policy, but controversies loom For frazzled teachers...
How can businesses continue to respect privacy concerns while still permitting the use of big data to drive business value? ‘Companies will now have an even greater obligation to protect the personal information entrusted to them, no...
While a computer that could predict your future is tantalizing. Would you want a glimpse into your future, whether it be good or bad? Until recently, most medical statistics have been bell curves created in hindsight. We...