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prudsys AG Zwickauer Straße 16 09112 Chemnitz, Germany http://www.prudsys.de
Contact Ms Marie-Theres Plobner +49 371 270930
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prudsys AG

Students from HU Berlin win the DATA MINING CUP 2015

The winners of this year’s DATA MINING CUP were recognized on 29.06.2015. Students from the Humboldt University of Berlin prevailed against 152 other universities from 48 countries at the renowned student competition in the field of data mining.

(PresseBox) (Chemnitz, )
Every year prudsys AG, a company specializing in real-time personalization, calls on students from all over the world to test their expertise in the field of intelligent data analysis (data mining). As in previous years, the task of the competition was to solve a real-world problem.

The challenge

Competitors were to take anonymized historical order data with associated coupon generation from a real online shop and use it to develop a prediction model. With the help of this model, it would be possible to make predictions for new orders including their shopping basket values and redeemed coupons.

Participant record

188 teams from a total of 153 universities from 48 countries took part in this student competition and set a new participant record. Each educational institution was allowed to participate with two teams. As part of the prudsys personalization summit, from 29 to 30 June at andel’s Hotel in Berlin, the best up-and-coming analysts at the DATA MINING CUP were awarded prizes. The prudsys personalization summit is the key event for news and trends in the field of dynamic omni-channel personalization in retail. Numerous well-known companies such as Coop, bonprix and Douglas took part in the conference at andel's Hotel in Berlin.

Winning teams

Team 2 from the Humboldt University of Berlin took first place, claiming a cash award of €2000. Team 1 from HU Berlin took sixth place. 2nd and 3rd place went to Teams 2 and 1 of last year’s winner from Iowa State University (USA), respectively taking home €1000 and €500. Rounding out the top ten teams were teams from the Swiss Federal Institute of Technology in Lausanne, the Indonesian Gadjah Mada University (Team 2), the Philipps University of Marburg (Team 1), the Technical University of Dortmund (Team 1) and the Karlsruhe Institute of Technology (Team 1). That was a total of three international universities in the top ten.

More information about the DATA MINING CUP under: www.data-mining-cup.com

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prudsys AG

On a daily basis the prudsys Realtime Decisioning Engine (short: prudsys RDE) offers customers a special shopping experience with around 1 billion personalized recommendations in over 200 online shops in 34 countries. With a trade volume of over 8 billion USD from recommendations each year, the real-time analytics system is one of the world’s most successful personalization solutions.

prudsys AG is the holder of numerous patents and is considered the best-of-breed provider for real-time analytics. prudsys consolidates and develops its leading position in this field through cooperation with leading universities and other scientific institutions. prudsys is a member of the DMG and OMG standards committees and thus actively participates in the development of standards in intelligent data analysis.

prudsys organizes the DATA MINING CUP which is well established around the world as a competition for intelligent data analysis and forecasting. Every year since 2000 prudsys has been encouraging thousands students and over 100 universities to develop practical applications in this field.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.