26th Sep 2008 - New York, NY, Chennai India - LatentView Analytics (LatentView), a leading Predictive Analytics and
Decision Management services firm, has secured the runner up position at the INFORMS Data Mining Contest 2008.
The business challenge was to be able to identify patients in a hospital, with high risk of contracting nosocomial pneumonia during a
surgical procedure. The LatentView team developed a predictive model which would score patients on the risk of contracting nosocomial
pneumonia. After evaluating different techniques, Logistic regression was the chosen technique to develop the predictive model, which had an
AUC of 0.8304.
"Our success at the INFORMS data mining competition is a testimony to our talented team and reflects our passion to benchmark ourselves
against the very best in the Industry. The ability to blend business knowledge, with deep understanding of statistics and modeling
techniques, helps us to deliver actionable insights to complex business problems", says Venkat Viswanathan, CEO of LatentView Analytics.
The 3-member LatentView team was led by Srividhya Kannan and ably supported by Sai Kameswara Rao Vadrevu and Gowrishanker Muthyala. The
team secured the runner's up position overcoming stiff competition from leading data analytics organizations, research organizations and
universities. The 7-member team from IBM T.J. Watson Research Center was adjudged the winner.
"The team enjoyed the challenges posed at every step in the contest.Optimization algorithms, Bayesian networks, CART, etc were explored
over and above the usual predictive modeling techniques. Overall, this contest was an invigorating experience for me and the team", says
Srividhya Kannan.
The Institute for Operations Research and the Management Sciences (INFORMS) is the largest professional society in the world for professionals in the field of operations research (O.R.). It was established in 1995 with the merger of the Operations Research Society of America (ORSA) and The Institute of Management Sciences (TIMS).
LatentView provides predictive analytics services focusing on data analysis and modeling that helps with decisions around marketing, risk and customer management for consumer intensive businesses. LatentView effectively blends business knowledge, expertise in quantitative methods, and data management to derive actionable insights for effective decisions. Talk to us Today
