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22 Predictive Analytics Applications in 2010 That Were Proven Very Effective

Predictive analytics and advanced modeling came into their own in 2010. Unique applications included insurance, healthcare, meth labs, social networking, neural networks, politics, human resources, phone calls, project management and horse racing.

Dec. 31, 2010 - PRLog -- (Links to individual headlines are found at PredNews.com.)

•1. Predictive Analytics Applied to the Hospital Billing Process

•2. Competitive Market Analysis of Auto Insurance Companies

•3. Educational Data Mining is becoming popular

•4. Predictive Analytics Applied to Data Centers

•5. New Model Predicts Presence of Meth Labs Very Accurately

•6. Analyze 50% of Annual Tweets for $360K/year

•7. Monitoring Physician Performance for Predictive Profiling

•8. Are You Arguing With a Real Person or a Bot?

•9. 5 Ways Predictive Analytics Can Monetize Social Networks

•10. truthy.indiana.edu can uncover Astroturfing and Political Tactics

•11. Medicare Predictive Modeling Provision included in Small Business Lending Act

•12. Employee contributions to revenue

•13. Predicting Employee Success

•14. Commercial Insurers Who Use Predictive Modeling are seeing Pricing Strength

•15. Plan a Healthcare System using Link Analysis (Data Mining)

•16. The Ability to Analyze Social Connections is Proving Increasingly Useful

•17. Predictive Analytics for Phone Calls, and Call Data Mining

•18. Forecast Career Paths by Resume Analytics

•19. Criminal Reduction Utilizing Statistical History, UK & USA Predictive Analytics

•20. Tool for Insurance Project Management

•21. Thorotrends offers research/analytics for horse racing

•22. Recorded Future scans Twitter accounts, blogs, and websites to find relationships, organizations, actions and incident data related to topics like terrorism.

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Covers Web Startups; Insurance News, M&A, Startups & Trends; Web Development & Trends; Odd Business Ideas; Global Finance & Investment; Reinsurance; Catastrophe Risk; Predictive Analytics; Solvency II; Pensions; Risk Management, Actuarial and Takaful.

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Source:Claude Penland, Actuary & Webmaster
Location:Pittsburgh - Pennsylvania - United States
Industry:Computers, Technology, Business
Tags:Predictive Modeling, Predictive Analytics, Actuary, Actuarial, Actuaries, Insurance, Reinsurance, Healthcare, Politics
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