Worldwide response at the 15th DATA MINING CUP – Awards presented during the prudsys User Days from 2-3 July 2014

The 15th DATA MINING CUP competition came to a close on 14th May 2014. 125 teams from 28 countries took part in the globally established student competition for intelligent data analysis. The awards presentation will take place on 2 July in Berlin

Chemnitz, (PresseBox) - 25 teams from a total of 99 universities in 28 countries took part in this year’s DATA MINING CUP competition (DMC). It came to a close on 14.05.2014 and has been one of the world’s leading university and student competitions in the field of intelligent data analysis for the past 15 years. Participants submitted a total of 57 results this year.

The student teams had six weeks to develop a solution for a data mining problem on the topic of optimal return prognosis. More specifically, the goal was to use an online shop’s historical purchase data to come up with a model for new orders that would calculate the probability of a purchase leading to a return. Attractive cash and other prizes await the winners.

Prizes will be awarded to the best DMC teams during the prudsys User Days 2014, which take place from 2-3 July 2014 at andel‘s Hotel in Berlin. This year’s prudsys customer and partner event goes by the motto “Omnichannel Personalisation: Anytime, Anyplace, Anywhere“. Numerous companies including 1.2.3.tv, creatrade, ECC Handel, Klingel and Stabilo report on challenges and business cases in omnichannel trade. It is not necessary to be a prudsys customer to attend the event.

Details regarding the lecture programme and the DATA MINING CUP competition can be found at www.data-mining-cup.com.

Website Promotion

prudsys AG

On a daily basis the prudsys Realtime Decisioning Engine offers customers a special shopping experience with around 670 million personalised recommendations in over 200 online shops in 34 countries. With a trade volume of over 8 billion USD from recommendations each year, the realtime analytics system is one of the world’s most successful personalisation solutions.

prudsys AG is the holder of numerous patents and is considered the best-of-breed provider for realtime analytics. prudsys consolidates and developes it`s 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.

As the organizer of the globally established DATA MINING CUP, competition for intelligent data analysis and forecasting, prudsys has been encouraging students and universities to develop practical applications in this field every year since 2000.

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