• Title/Summary/Keyword: predictive analytics

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A Study on the Development of Construction Dispute Predictive Analytics Model - Based on Decision Tree - (PA기법을 활용한 건설분쟁 예측모델 개발에 관한 연구 - 의사결정나무를 중심으로 -)

  • Jang, Se Rim;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.6
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    • pp.76-86
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    • 2021
  • Construction projects have high potentials of claims and disputes due to inherent risks where a variety of stakeholders are involved. Since disputes could cause losses in terms of cost and time, it is a critical issue for contractors to forecast and pro-actively manage disputes in advance in order to secure project efficiency and higher profits. The objective of the study is to develop a decision tree-based predictive analytics model for forecasting dispute types and their probabilities according to construction project conditions. It can be a useful tool to forecast potential disputes and thus provide opportunities for proactive management.

Finding Pluto: An Analytics-Based Approach to Safety Data Ecosystems

  • Barker, Thomas T.
    • Safety and Health at Work
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    • v.12 no.1
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    • pp.1-9
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    • 2021
  • This review article addresses the role of safety professionals in the diffusion strategies for predictive analytics for safety performance. The article explores the models, definitions, roles, and relationships of safety professionals in knowledge application, access, management, and leadership in safety analytics. The article addresses challenges safety professionals face when integrating safety analytics in organizational settings in four operations areas: application, technology, management, and strategy. A review of existing conventional safety data sources (safety data, internal data, external data, and context data) is briefly summarized as a baseline. For each of these data sources, the article points out how emerging analytic data sources (such as Industry 4.0 and the Internet of Things) broaden and challenge the scope of work and operational roles throughout an organization. In doing so, the article defines four perspectives on the integration of predictive analytics into organizational safety practice: the programmatic perspective, the technological perspective, the sociocultural perspective, and knowledge-organization perspective. The article posits a four-level, organizational knowledge-skills-abilities matrix for analytics integration, indicating key organizational capacities needed for each area. The work shows the benefits of organizational alignment, clear stakeholder categorization, and the ability to predict future safety performance.

Temperature Trend Predictive IoT Sensor Design for Precise Industrial Automation

  • Li, Vadim;Mariappan, Vinayagam
    • International journal of advanced smart convergence
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    • v.7 no.4
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    • pp.75-83
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    • 2018
  • Predictive IoT Sensor Algorithm is a technique of data science that helps computers learn from existing data to predict future behaviors, outcomes, and trends. This algorithm is a cloud predictive analytics service that makes it possible to quickly create and deploy predictive models as analytics solutions. Sensors and computers collect and analyze data. Using the time series prediction algorithm helps to predict future temperature. The application of this IoT in industrial environments like power plants and factories will allow organizations to process much larger data sets much faster and precisely. This rich source of sensor data can be networked, gathered and analyzed by super smart software which will help to detect problems, work more productively. Using predictive IoT technology - sensors and real-time monitoring - can help organizations exactly where and when equipment needs to be adjusted, replaced or how to act in a given situation.

Predictive modeling algorithms for liver metastasis in colorectal cancer: A systematic review of the current literature

  • Isaac Seow-En;Ye Xin Koh;Yun Zhao;Boon Hwee Ang;Ivan En-Howe Tan;Aik Yong Chok;Emile John Kwong Wei Tan;Marianne Kit Har Au
    • Annals of Hepato-Biliary-Pancreatic Surgery
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    • v.28 no.1
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    • pp.14-24
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    • 2024
  • This study aims to assess the quality and performance of predictive models for colorectal cancer liver metastasis (CRCLM). A systematic review was performed to identify relevant studies from various databases. Studies that described or validated predictive models for CRCLM were included. The methodological quality of the predictive models was assessed. Model performance was evaluated by the reported area under the receiver operating characteristic curve (AUC). Of the 117 articles screened, seven studies comprising 14 predictive models were included. The distribution of included predictive models was as follows: radiomics (n = 3), logistic regression (n = 3), Cox regression (n = 2), nomogram (n = 3), support vector machine (SVM, n = 2), random forest (n = 2), and convolutional neural network (CNN, n = 2). Age, sex, carcinoembryonic antigen, and tumor staging (T and N stage) were the most frequently used clinicopathological predictors for CRCLM. The mean AUCs ranged from 0.697 to 0.870, with 86% of the models demonstrating clear discriminative ability (AUC > 0.70). A hybrid approach combining clinical and radiomic features with SVM provided the best performance, achieving an AUC of 0.870. The overall risk of bias was identified as high in 71% of the included studies. This review highlights the potential of predictive modeling to accurately predict the occurrence of CRCLM. Integrating clinicopathological and radiomic features with machine learning algorithms demonstrates superior predictive capabilities.

Visual Analytics using Topic Composition for Predicting Event Flow (토픽의 조합으로 이벤트 흐름을 예측하기 위한 시각적 분석 시스템)

  • Yeon, Hanbyul;Kim, Seokyeon;Jang, Yun
    • KIISE Transactions on Computing Practices
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    • v.21 no.12
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    • pp.768-773
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    • 2015
  • Emergence events are the cause of much economic damage. In order to minimize the damage that these events cause, it must be possible to predict what will happen in the future. Accordingly, many researchers have focused on real-time monitoring, detecting events, and investigating events. In addition, there have also been many studies on predictive analysis for forecasting of future trends. However, most studies provide future tendency per event without contextual compositive analysis. In this paper, we present a predictive visual analytics system using topic composition to provide future trends per event. We first extract abnormal topics from social media data to find interesting and unexpected events. We then search for similar emergence patterns in the past. Relevant topics in the past are provided by news media data. Finally, the user combines the relevant topics and a new context is created for contextual prediction. In a case study, we demonstrate our visual analytics system with two different cases and validate our system with possible predictive story lines.

Visual Analytics Approach for Performance Improvement of predicting youth physical growth model (청소년 신체 성장 예측 모델의 성능 향상을 위한 시각적 분석 방법)

  • Yeon, Hanbyul;Pi, Mingyu;Seo, Seongbum;Ha, Seoho;Oh, Byungjun;Jang, Yun
    • Journal of the Korea Computer Graphics Society
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    • v.23 no.4
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    • pp.21-29
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    • 2017
  • Previous visual analytics researches has focused on reducing the uncertainty of predicted results using a variety of interactive visual data exploration techniques. The main purpose of the interactive search technique is to reduce the quality difference of the predicted results according to the level of the decision maker by understanding the relationship between the variables and choosing the appropriate model to predict the unknown variables. However, it is difficult to create a predictive model which forecast time series data whose overall trends is unknown such as youth physical growth data. In this paper, we pro pose a novel predictive analysis technique to forecast the physical growth value in small pieces of time series data with un certain trends. This model estimates the distribution of data at a particular point in time. We also propose a visual analytics system that minimizes the possible uncertainties in predictive modeling process.

A Study on the Predictive Analytics Powered by the Artificial Intelligence in the Movie Industry

  • Song, Minzheong
    • International journal of advanced smart convergence
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    • v.10 no.4
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    • pp.72-83
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    • 2021
  • The use of the predictive analytics (PA) powered by the artificial intelligence (AI) is more important in the movie sector during the COVID-19 pandemic, because Hollywood witnessed the impact of the 'Netflix Effect' and began to invest in data and AI. Our purpose is to discover a few cases of the AI centered PA in the movie industry value chain based on five objectives of PA: Compete, grow, enforce, improve, and satisfy. Even if movie companies' interest is to predict future success for competing with over-the-tops (OTTs) at a first glance, it is observed, once they start to use the PA with the AI, they try to utilize the enhanced PA platforms for remaining four objectives. As a result, ScriptBook, Vault, Pilot, Cinelytic and Merlin Video (Merlin) are use cases for the objective 'compete.' Movio of Vista Group International and Datorama of Salesforce are use cases for the objective 'grow.' Industrial Light & Magic (ILM) and Geena Davis Institute on Gender in Media (GDI) with Disney are use cases for the objective 'enforce.' Watson, Benjamin, and Greenlight Essential are use cases for the objective 'improve.' Disney Research (DR) with Simon Fraser University and California Institute of Technology is the use case for the objective 'satisfy.'

From Machine Learning Algorithms to Superior Customer Experience: Business Implications of Machine Learning-Driven Data Analytics in the Hospitality Industry

  • Egor Cherenkov;Vlad Benga;Minwoo Lee;Neil Nandwani;Kenan Raguin;Marie Clementine Sueur;Guohao Sun
    • Journal of Smart Tourism
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    • v.4 no.2
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    • pp.5-14
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    • 2024
  • This study explores the transformative potential of machine learning (ML) and ML-driven data analytics in the hospitality industry. It provides a comprehensive overview of this emerging method, from explaining ML's origins to introducing the evolution of ML-driven data analytics in the hospitality industry. The present study emphasizes the shift embodied in ML, moving from explicit programming towards a self-learning, adaptive approach refined over time through big data. Meanwhile, social media analytics has progressed from simplistic metrics deriving nuanced qualitative insights into consumer behavior as an industry-specific example. Additionally, this study explores innovative applications of these innovative technologies in the hospitality sector, whether in demand forecasting, personalized marketing, predictive maintenance, etc. The study also emphasizes the integration of ML and social media analytics, discussing the implications like enhanced customer personalization, real-time decision-making capabilities, optimized marketing campaigns, and improved fraud detection. In conclusion, ML-driven hospitality data analytics have become indispensable in the strategic and operation machinery of contemporary hospitality businesses. It projects these technologies' continued significance in propelling data-centric advancements across the industry.

Recent Research Trends and Prospects of HR Analytics in Korea (HR 애널리틱스의 최근 연구 동향 및 향후 과제)

  • Jo, Hui-Jin;Ahn, Ji-Young
    • The Journal of the Korea Contents Association
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    • v.22 no.3
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    • pp.442-452
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    • 2022
  • This study was conducted to understand research trends of HR Analytics (HRA) in Korea and to suggest future research directions. First, a comparative analysis was conducted by classifying six areas of recruitment on-board, work environment, performance evaluation, retention, and exit/retirement building on the employee life cycle framework. The results indicate that first, the distribution of detailed research topics in Korean HRA research has similar to that of international research. Second, Korean HRA studies related to employee training and development function are insufficient. Third, the scope and the method of machine learning are becoming enriched. Finally Korean HRA studies are still in the technical domain and toward entering the predictive analysis domain.

Real time predictive analytic system design and implementation using Bigdata-log (빅데이터 로그를 이용한 실시간 예측분석시스템 설계 및 구현)

  • Lee, Sang-jun;Lee, Dong-hoon
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.25 no.6
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    • pp.1399-1410
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    • 2015
  • Gartner is requiring companies to considerably change their survival paradigms insisting that companies need to understand and provide again the upcoming era of data competition. With the revealing of successful business cases through statistic algorithm-based predictive analytics, also, the conversion into preemptive countermeasure through predictive analysis from follow-up action through data analysis in the past is becoming a necessity of leading enterprises. This trend is influencing security analysis and log analysis and in reality, the cases regarding the application of the big data analysis framework to large-scale log analysis and intelligent and long-term security analysis are being reported file by file. But all the functions and techniques required for a big data log analysis system cannot be accommodated in a Hadoop-based big data platform, so independent platform-based big data log analysis products are still being provided to the market. This paper aims to suggest a framework, which is equipped with a real-time and non-real-time predictive analysis engine for these independent big data log analysis systems and can cope with cyber attack preemptively.