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Title: Predictive Modeling News


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

2
Whats 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
Whos 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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