The 2011 DATA MINING CUP has received global attention again

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The 12th edition of the DATA MINING CUP ended on 31/05/2011 with an impressive result: 104 teams from 20 countries took part in the world’s largest student competition for intelligent data analysis. For the first time in the history of the DMC, participants had to overcome a double challenge: in addition to a classical data mining task, they could also solve a second task that involved developing an adaptive algorithm. As has become a tradition, the winners of this year’s DMC competition will be announced during the prudsys User Days on 21 June 2011.
The 2011 DATA MINING CUP has received global attention again

For six weeks domestic and international students searched for an ideal analysis model for a classical data mining task and tested themselves on developing an adaptive algorithm so that they could solve a real-time analysis problem. So prudsys, the organisers of the DATA MINING CUP, not only challenged participants this year to develop an ideal analysis model that would forecast the transactions in an online shopping session; the students also had to face a second challenge – the dynamic evaluation of an algorithm and implementing it.

104 teams from 83 universities and 20 countries registered to take part in the DATA MINING CUP 2011. Each university was able to be represented by up to two teams. 50 team solutions are currently waiting for their evaluation. The best teams can expect attractive prizes worth several thousand euros.

The universities providing the best up-and-coming data miners will be published on 21/06/2011 during the prudsys User Days 2011.

For further information please visit:
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
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09116 Chemnitz
+49 371 27093-0

http://www.prudsys.com
presse@prudsys.com

Pressekontakt:
wortgold | Agentur für nachhaltige Kommunikation
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