It is impossible to consider e-commerce today without product recommendations based on real-time analysis. Recommendations are also the focus of the current DATA-MINING-CUP for which students from Germany and other countries are invited in spring each year to test their data mining expertise using a practical example.
For the first time in the history of the DATA-MINING-CUP the DMC competition is made up of two tasks. This year we are looking both for the best analysis model that forecasts transactions in a shopping session and in a second task also for an algorithm that dynamically evaluates web shop data and submits its implementation.
The students have a total of six weeks to solve either one or both tasks. The two tasks will be assessed independently of each other.
To date 69 teams from 58 educational establishments and 15 countries have already registered their participation. Those interested in taking part can still register online until the deadline for submitting the results, i.e. 31.05.2011.
Attractive financial and other prizes are awaiting the three best teams.
The best up-and-coming data miners will be announced at the 2011 prudsys User Days. This two-day event, which this year takes place from 21 to 22 June 2011 at pentahotel Leipzig, has been providing information about news, trends and technological developments relating to data mining for 12 years. The focus is again on innovative business cases from prudsys AG and its partners.
Further details about the DMC:
http://www.data-mining-cup.com
prudsys AG as 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 of the prudsys RDE enables the rapid, simple implementation of innovative business scenarios tailored to match the specific requirements of each area of application. The RDE modules can be used as separate, independent units or linked together to build a multi-channel global solution. 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 and Baur and countless other Top 100 mail-order specialists (Source: Versandhausberater – Mail-Order Adviser) such as 3 Pagen/3 Suisse, Alba Moda, Douglas, Karstadt, Mexx rely on prudsys solutions.
Founded in 1998, the company, thanks to a constant, intensive research effort, has become the recognised first mover for real-time Data Mining. prudsys AG is the holder of numerous German and international patents. prudsys AG sets the latest data mining standards with its innovative real-time analysis technology and membership of the DMG (Data Mining Group) and OMG (Object Management Group) standards committees.
Furthermore, prudsys AG is the organiser of the world’s biggest data mining competition, the DATA MINING CUP.
prudsys AG
Sandra Koegel
Zwickauer Strasse 16
09116 Chemnitz
+49 371 27093-0
http://www.prudsys.com
presse@prudsys.com
Pressekontakt:
wortgold | Agentur für nachhaltige Kommunikation
Frau Sandra Koegel
Stelzendorfer Gutsweg 8
09116 Chemnitz
service@wortgold.com
0157 77711580
http://www.wortgold.com