It was in the third week of July when a startup in the online retail technology space, SmarterHQ, blipped briefly across the industry’s radar. Simon Venture Group, the venture capital arm of the shopping center owner Simon Property Group, had led a financing round for the company, helping it secure $8 million. There was a
Business both large and small will never be the same again thanks to big data. It continues to revolutionize business processes with more insights and deeper intelligence shared across all business avenues. One of the areas where...
In 15 years of experience, I have seen countless predictive models—but very few useful ones. Most take too long to build, and then sit unused on the shelf. The model becomes a memory, and a bad one...
Speaking Opportunity: Predictive Analytics World – for Workforce I am honored to again be the Program Chair for Predictive Analytics World / for Workforce. I am designing the Agenda and an impressive lineup of Speakers for the April 2016...
Imagine knowing years in advance whether or not you’ll get cancer and treating it now instead of when the disease appears. What if a doctor could call you hours before suffering a heart attack to tell you...
Building predictive models has come to seem like one of the more glamorous jobs in business intelligence and analytics. Successful, high-profile predictive modelers like Nate Silver, founder of the ESPN blog FiveThirtyEight, and Rayid Ghani, chief data...
Imagine that you step into a room of data scientists; the dress code is casual and the scent of strong coffee is hanging in the air. You ask the data scientists if they regularly use generalized additive...
It used to be that nobody on the internet knew that I was a dog … New KDnuggets cartoon examines the dog question in the era of Big Data. It used to be that on the Internet,...
Retention has always played second fiddle to acquisition within marketing – despite the fact that acquiring new customers is far more expensive than retaining existing ones and that the top tranche of customers contributes the vast majority...
“We’re watching you.” This was the warning that the Chicago Police Department gave to more than 400 people on its “Heat List.” The list, an attempt to identify the people most likely to commit violent crime in...
