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
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The Role of Standards in Predictive Analytics: A Series
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Software > Hadoop > The Role of Standards in Predictive Analytics: A Series
AnalyticsHadoopPredictive AnalyticsR Programming Language

The Role of Standards in Predictive Analytics: A Series

JamesTaylor
JamesTaylor
3 Min Read
SHARE

I am working on a paper, for publication in early 2014, on the role of standards such as R, Hadoop and PMML in the mainstreaming of predictive analytics.  As I do so I will be publishing a few blog posts. I thought I would start with a quick introduction to the topic now and then finish the series in the new year.

I am working on a paper, for publication in early 2014, on the role of standards such as R, Hadoop and PMML in the mainstreaming of predictive analytics.  As I do so I will be publishing a few blog posts. I thought I would start with a quick introduction to the topic now and then finish the series in the new year.

Just a few years ago it was common to develop a predictive analytic model using a single proprietary tool against a sample of structured data. This would then be applied in batch, storing scores for future use in a database or data warehouse. This model has been disrupted in recent years:

  • There is a move to real-time scoring, calculating the value of predictive analytic models when they are needed.
  • At the same time the variety of model execution platforms has expanded with in-database analytics as well as MapReduce-based execution becoming increasingly common.
  • The open source analytic modeling language R has become extremely popular with up to 70% of analytic professionals using it at least occasionally (see the Rexer survey).
  • Big Data is starting to have an impact, especially on advanced teams (as we saw in our Predictive Analytics in the Cloud work)

This increasingly complex and multi-vendor environment has increased the value of both published standards and open source standards. The paper is going to explore the growing role of standards in predictive analytics. It will discuss the role of R in expanding the analytic ecosystem, the way Hadoop helps organizations handle Big Data for in the context of predictive analytics, and the way PMML supports the move to real-time scoring. Plus of course we have the longer term impact of standards like the Decision Model and Notation standard.

More Read

Image
How Big Data Is Used in Crisis Response
The R-Files: Call for Nominations
Transforming Your Business with Analytics – a Series
Can We Automate Data Mining?
But for scientists, tracking birds as they perform those feats…

I’ll write a blog post about each of these areas in the new year. I’d like to thank the Data Mining Group, Revolution Analytics and Zementis for their support of this research.

Copyright © 2013 http://jtonedm.com James Taylor
TAGGED:pmml
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

fda14abd c869 4da5 943c c036ad8efc2e
How Data-Driven Journalists Are Using API News Apps to Improve Reporting
Big Data Exclusive News
0622cae5 f7d7 4f74 84b5 eabd1a823dca
How Data-Driven Grocery Recommendations Help Shoppers Eat Better With Less Effort
Big Data Exclusive
business recovering from data loss
How Data-Driven Businesses Protect MySQL Databases from Shutdown
Big Data Exclusive
ai driven task management
Reducing “Work About Work” with AI Task Managers
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Predictive Analytics in your iPhone

3 Min Read

In-database Scoring with PMML, Zementis, and Sybase IQ: Big Data Analytics Made Easy

4 Min Read

3 Ways to Access Your Predictive Analytics in the Cloud

3 Min Read

Ensuring safety and process reliabilty through predictive analytics and PMML

4 Min Read

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

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

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?