In every business, there is some type of forecasting occurring. For example, Walmart recently ran demand prediction for more than 100,000 different products over 4,700 stores in the United States. Customer service centers may predict the demand of call volume every day or to optimize… Read More »Demand Forecasting in the Retail Industry
Brief history IBM provides a data mining and analytics software application named as SPSS modeler. It was originally named Clementine by its creator Integral Solutions Private Limited. SPSS acquired this particular model. When IBM acquired SPSS in 2009, the product was renamed as IBM SPSS… Read More »SPSS Modeler
In 2013, Earnix and ISO, two consulting companies, conducted a joint survey on how predictive modeling and analytics are used throughout the insurance industry. Responses were gathered from 269 individuals representing companies that sell personal and commercial insurance in the United States and Canada.
Read More »How to Use IBM SPSS for Insurance Claims Optimization
How the Florida Department of Juvenile Justice Utilizes Predictive Analytics to Gain Insight on Recidivism Rates
Criminal justice systems worldwide struggle with high rates of recidivism and poor correctional performance. According to a report released by Bureau of Justice Statistics (BJS) on April 2014, among all the 404,638 prisoners released in 2005 in 30 states of U.S., 67.8 percent of them were arrested within 3 years of release, and 76.6 percent were arrested within 5 years of release. (See following image)
Read More »How the Florida Department of Juvenile Justice Utilizes Predictive Analytics to Gain Insight on Recidivism Rates
Understanding, analyzing and creating reports on crime patterns, criminal behavior, and past crimes is crucial in efforts to help prevent crime. We published a blog post that discusses how police forces are utilizing predictive analytics to understand the crime in their area and determine crime “hot spot” maps to better patrol certain areas. We also published a post on how Universities are utilizing predictive analytics to address where and when criminal activities are likely to happen on campuses.
Read More »Crime Analysis with IBM Watson Analytics
Crime has been virtually eliminated in Washington D.C. thanks to an elite law enforcement squad called “Pre-crime”. The police force used three men, known as “pre-cogs” with special powers to see into the future and predict crimes before they happened. “What is this, this isn’t real”, you say. Of course not. Remember the 2002 movie, Minority Report with Tom Cruise? This incredible way of crime prevention occurs in the movie, making police forces today, wish, why can’t it be that simple?
Read More »Crime Prediction with IBM SPSS Predictive Analytics
The idea of Predictive Analytics can somewhat be a hard concept to grasp. In this 30 minute webcast, gain insight into what Predictive Analytics really is and see it in action, as IBM Predictive Analytics expert, David Zyla demonstrates SPSS. You will learn how Predictive Analytics allows you to have access to more accurate target audience data and how to make key marketing decisions. Watch now:
Read More »Predictive Analytics in 30 Minutes