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All Blog Posts Tagged 'model' (6)

Audience is The Future Business Model, Data Analytics Can Improves It

Companies and enterprises are facing a daily grind, while they are also required to see to it that their customers are happy & satisfied, operations is efficient and employees are satisfied; and all this makes running the business – a real challenge. “Audience is the new business model”, and if any organization is struggling miserably to communicate with customers or their audience, there certainly is a negative impact of it across the business plan,…

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Added by Chirag Shivalker on September 26, 2017 at 12:30pm — No Comments

Why Propensity Scores not working in Campaign Analytics??

Hi All ,

I've recently  build a predictive data model for a campaign to target  group of customer who can switch from  payment method  "A" to Payment method "B".

The idea was to come up with predictive model with payment/usage variables as independent variable and  the event of switch in past is taken as  dependent variable.

i) I used logistic regression model for probability  estimation.

ii) The  data  is sorted in order of descending probability…

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Added by Himanshu Sinha on December 5, 2014 at 4:00am — 1 Comment

Business analytics model risk: framing model risk

Business analytics model risk (part 0 of 5): framing model risk - the complexity genie and the challenge of deciding on decision models

Introduction to a series of five articles on model risk

Here we introduce a series of five articles seeking to frame, define, and categorize business analytics model risk.  The intention is to propose processes and practices for strengthening organizational decision model risk mitigation. The series of five…

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Added by Scott Mongeau on June 13, 2013 at 3:54pm — No Comments

The Netflix Prize, Occam's Razor and PMML

I just finished reading an excellent posting on the Netflix Tech Blog by Xavier Amatriain and Justin Basilico. Entitled "Netflix Recommendations: Beyond the 5 stars (Part 1)", it gives a very nice account of the actual application of the 107 algorithms submitted as the winner solution to the…

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Added by Alex Guazzelli on May 7, 2012 at 10:54am — No Comments

The First Question for ADAPA® is always "What about security?" on Cloud Computing

ADAPA® Predictive Analytics Scoring Engine - Security on Amazon EC2?



Many of our customers ask: “What about security on the Amazon EC2 Cloud?” Security is always the first consideration. The short answer is "yes."



The security processes implemented by Amazon Web Services (AWS) are outlined in the AWS Security Whitepaper. In addition to the various… Continue

Added by Ronald J. Ramos on May 1, 2009 at 3:57pm — No Comments

Making Davenport’s "Competing on Analytics" real, and in real-time for data-savvy leaders?

In their Harvard Business School Press book “Competing on Analytics: The New Science of Winning,” published in February of 2007 Thomas H. Davenport and Jeanne G. Harris discuss three things as the basis of competition: efficient and effective execution, smart decision making, and the ability to wring every drop of value from business processes—all of which can be gained through sophisticated use of analytics. They argue that the frontier for using data to make decisions has shifted… Continue

Added by Ronald J. Ramos on April 22, 2009 at 12:32pm — No Comments

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