Categories: Potpourri

Online Predictive Analytics Competitions

I recently write about the Heritage analytics competition that has  3 million dollars as prize money. The competition is inspired by the success of previous such competitions held by the online movie store Netflix.

In this article we talk about Kaggle, an online platform for organizations to host predictive analytics competitions. Kaggle has hosted 17 analytics competitions so far and has over 10000 members globally.

Image courtesy of Stuart Miles at FreeDigitalPhotos.net

The competitions themselves range from designing algorithms to improve the ELO rating system in Chess to traffic forecasting in Australia.

They also have a “Kaggle in class” module where teachers can post competitions for their students.

Kaggle has enjoyed a lot of success in a relatively short period of time. The company is proving that crowdsourcing can yield wonderful results when it comes to solving trick statistical problems and analyzing huge amounts of information.

Related Links

Heritage Analytics Competition

 

The grand-daddy of competitions in analytics

 

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Jyotsna

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Jyotsna

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