Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Rexer Data Mining Survey Results
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > Rexer Data Mining Survey Results
AnalyticsData Mining

Rexer Data Mining Survey Results

JamesTaylor
JamesTaylor
2 Min Read
SHARE

Karl Rexer has just released the results from his annual survey of data miners – RexerAnalytics.com/Data-Miner-Survey-Results-2010.html. This year 735 data miners responded to an extended survey. Interesting facts from this year’s results:

Karl Rexer has just released the results from his annual survey of data miners – RexerAnalytics.com/Data-Miner-Survey-Results-2010.html. This year 735 data miners responded to an extended survey. Interesting facts from this year’s results:

  • CRM and Marketing remain the top focus area with goals like retaining customers and understanding them better coming top also.
  • Decision trees, regression analysis and cluster analysis repeat as the core triumvirate at the heart of most data miner’s palette of techniques with much higher rates of use than the next technique.
  • Ensemble models are clearly gaining ground with over 20% reporting some use of ensemble techniques, particularly among consultants
  • Text analytics also showed well with over a third identifying some use of text analytic techniques and over half of them combining this analysis with structured analytics (excellent)
  • R’s popularity has been growing steadily and this year saw it top the list of tools used.
  • Explicability of models was rated important by the vast majority, another piece of excellent news.
  • From my perspective far too many miners still report using multiple tools – an average of 4.6 EACH! This worries me as I feel it makes it hard to “industrialize” analytics in an organization – to create and manage reusable modeling assets that can easily be deployed into production.
  • As usual explaining data mining to others and access to/cleanliness of data were top issues with data miners sharing some of their suggestions for overcoming these – check out the summary here.

Don’t forget, if you have ideas for this year’s survey, send them to Karl or to me (I will forwarded them on him).

More Read

Intelligent Enterprise: You Can Predict that R Will Succeed
Are You a Networking Expert? Big Data May Have You Beat
Don’t think percentages, think real people
Guest Interview with Chris Rasmussen: Looking at Government 2.0 Social Tools
In-database analytics and Decision Management
Copyright © 2011 http://jtonedm.com James Taylor

TAGGED:text analytics
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI video surveilance
AI Video Surveillance for Safer Businesses
Artificial Intelligence Exclusive
Managed IT Services
Comparing Affordable Managed IT Services for Denver’s Remote Workforce
Exclusive IT
human verification tool for business
Human Verification Tools Help Make Smarter Data-Driven Decisions
Big Data Exclusive
ai in business
Recurring Revenue Strategies for the AI Business Era
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

hands on text analytics tutorial
AnalyticsExclusiveText Analytics

An Introduction To Hands-On Text Analytics In Python

7 Min Read
Image
ExclusivePredictive Analytics

Inside a Consumer’s Mind with Text Analytics

5 Min Read

Analytics: Not About Saving Time

7 Min Read

Concept Trending : A Glimpse into the future?

3 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?