99 teams from 77 universities and 24 countries took part in this year“s DATA MINING CUP (DMC for short), an annual competition put on by prudsys AG since 2000. Which of the 79 solutions submitted gained top places and which participants came out on the top of this student competition in intelligent data analysis will be announced at the 2013 prudsys User Days on 2 and 3 July, 2013 in Berlin/German
The 14th DATA MINING CUP started on 03.04.2013. For six weeks, participating students had the opportunity to test their theoretical data mining know-how by way of two practical tasks.
The classic data mining task consisted of using historical and real anonymous shop data from sessions and which contained information, whether or not the session ultimately resulted in an order for the shopping basket or not, to develop a model that could predict orders in further sessions in the same shop.
The second task was to implement an agent that can predict the probability of an order during a session based on each individual transaction.
99 teams from 77 universities and 24 countries took part in this student competition. Prudsys will publish who are some of the best up-and-coming data miners during its 2013 User Days. For 14 years, this two-day event, which will take place in Berlin from 2 to 3 July 2013, has been providing information about news, trends and technological developments relating to data mining as well as innovative business cases for retail today and tomorrow.
For more information on the DMC competition and the 2013 prudsys User Days go to:
http://www.data-mining-cup.com
prudsys AG as one of the technology leader for intelligent data analytics concentrates among classic Data Mining on the development and integration of high-quality real-time analytics solutions.
The prudsys Realtime Decisioning Engine (prudsys RDE) is a leading service-oriented solution for real-time analytics, forecasts and intelligent recommendations. The modular structure enables to build a multi-channel global solution which matches the specific requirements. With IREUS the prudsys AG especially offers for small and medium online shops selected features of the prudsys RDE as a software as a services.
The prudsys products are used world-wide. In Germany alone, approximately 50% of the top twenty mail order businesses such as OTTO, Heine, Conrad Electronic, bonprix and Baur and countless other Top 100 mail-order specialists (Source: Versandhausberater – Mail-Order Adviser) such as 3 Pagen/3 Suisse, buch.de and Mexx rely on prudsys solutions.
prudsys AG is the holder of numerous German and international patents. Furthermore, prudsys AG is the organiser of the world’s biggest data mining competition, the DATA MINING CUP.
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