May 17, 2012
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News
ERI is hiring! See the positions and job descriptions here.

Videos: "Making the Most of Big Data" with Antonia de Medinaceli and others. "How Predictive Analytics Drive Innovation" with John Elder and others.

2-Page brochure about new text mining book

John Elder appears in the PAW Highlights Video with industry luminaries Dean Abbott, Eric Siegel, Gary Miner, Bill Franks, James Taylor, and others.

SAS Training Post features "6 Questions with Data Mining Expert, John Elder".

Elder Research, Inc., announces key partnership with SAS and Teradata to create a business analytics innovation center, recognizing "the growing need and challenges businesses face driving operational analytics across enterprises." 

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Upcoming Talks
1-Day Course John Elder, Toronto, Canada; April 24, 2012.

Jeff Deal will give a talk "Top Ten Data Mining Business Mistakes" at PAW-Toronto April 25, 2012.

John Elder will give a plenary talk "The High ROI of Data Mining for Innovative Organizations" at PAW-Toronto April 25, 2012.

Stein Kretsinger will speak at Edmonton's 4th Annual International Conference on URBAN Traffic Safety: Building Safer Communities "Improving Accuracy through Combining Predictions" April 25, 2012 in Edmonton, Alberta, Canada.

Antonia de Medinaceli will give a talk Fraud Detection: Fraught with Frightful Modeling Hurdles" at PAW Chicago June 25, 2012.

John Elder will give a plenary talk "Becoming an Ace with a Robot as your Wingman" at PAW-Chicago June 25, 2012.

1-Day Course John Elder, Chicago, Illinois; June 27, 2012

2-Day Course "Tools for Discovering Patterns in Data: Extracting Value from Tables, Text, and Links", John Elder, Charlottesville, VA; September 10-11, 2012.

Isaiah Goodall will be the Program Chair for the PAW-Gov conference in Washington, DC; September 17-18, 2012.

1-Day Course John Elder, Dusseldorf, Germany; November 8, 2012 and a keynote November 6, 2012.

Dr. Elder will give a keynote at PAW-London November 27, 2012 and a workshop November 29, 2012.
Recent Talks
John Elder, Gerhard Pilcher, and Michael Thurber taught multi-day data mining courses using SAS Enterprise Miner in New York, NY (March 21-23) and Chicago, IL (April 2-4).

John Elder gave a SAS course in New York City, New York; March 21-23, 2012.

John Elder gave a plenary talk "Becoming an Ace with a Robot as your Wingman" at PAW San Francisco March 5, 2012.

John Elder was on a keynote panel "Making a Career of Big Data" at the eMetrics Marketing Optimization Summit in San Francisco March 5, 2012.

Antonia de Medinaceli gave a talk "Fraud Detection: Fraught with Frightful Modeling Hurdles" at PAW San Francisco March 6, 2012.

Jeff Deal gave a talk "Case Study: Top Ten Data Mining Business Mistakes at PAW-SF March 6, 2012.

Andrew Fast was the Master of Ceremonies of Text Analytics World in March 7, 2012.  He will also be presenting "The Seven Different types of Text Mining and the Five Questions that Reveal the Right Approach", a guide to finding the right text mining solution.  

Workshop by John Elder "The Best and Worst of Predictive Analytics: Predicting Modeling Methods and Common Data Mining Mistakes" Predictive Analytics World; San Francisco, California; March 7, 2012.

John Elder gave a keynote "Text Mining: Lessons Learned" at Text Analytics World in San Francisco March 7, 2012.

Antonia de Medinaceli and Bryan Jones (Director of CAPE at the USPS OIG) was the speaker for an AGA audio conference "Data Mining to Prioritize Investigations of Contract Fraud" March 7, 2012.
  
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Handbook of Statistical Analysis and Data Mining Applications
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Handbook of Statistical Analysis and Data Mining Applications


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Handbook of Statistical Analysis and Data Mining Applications

Authors: Robert Nisbet, Ph.D John Elder, IV, Ph.D Gary Miner, Ph.D
Published June 5, 2009, Elsevier Publishing

Recently was awarded the 2009 American Publishers PROSE (Professional and Scholarly Excellence) award for mathematics! The PROSE awards annually recognize the very best in professional and scholarly publishing.

Reader comments from Amazon.com:

"Rarely do authors succeed in writing THE comprehensive guide to anything, particularly when the subject matter is as complex, multifaceted, and rapidly changing as the field of data mining.  The Handbook of Statistical Analysis & Data Mining Applications far exceeds that worthy goal.  The text is well-organized, thoughtfully written and intuitive." Colleen McCue, PhD

"The "Handbook of Statistical Analysis and Data Mining Applications" is the finest book I have seen on the subject.  It is not only a beautifully crafted book, with numerous color graphs, charts, tables, and screen shots, but the statistical discussion is both clear and comprehensive." Joseph M Hilbe, JD, PhD
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Peregrine Case Study
Peregrine.jpg This Case Study details ERI's involvement in the development of Peregrine's DecisionCenter software product.
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Top 10 Data Mining Mistakes

Top 10 Data Mining Mistakes

The following is a portion of Dr. Elder's popular talk on the top ten data mining mistakes.


See also:
Part 2: Don't rely on only one technique
Part 3: Don't extrapolate
Part 4: The path to data mining success

Also available in PDF: Top 10 Data Mining Mistakes
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Antonia de Medinaceli-Expert Panel at PAW-NYC

Antonia

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ERI Acquires Mustard Seed Software
Elder Research, Inc. announces the acquisition of Mustard Seed Software, LLC, a Charlottesville, VA custom software development company specializing in scientific, engineering and visualization applications. Mustard Seed Software brings a 10-year track record of partnering with highly specialized domain experts in engineering fields, to transform laboratory-grade computational capability into commercial-grade analysis applications. This acquisition adds "innovation mining" to the Elder Research services portfolio, improving ERI's capacity to create deployable software applications from specialized computer models.
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Ensemble Methods in Data Mining
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Ensemble Methods in Data Mining


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Purchase PDF version
Ensemble Methods in Data Mining by Giovanni Seni, Ph.D and John Elder, IV, Ph.D

Ensemble methods have been called the most influential development in Data Mining and Machine Learning in the past decade. They combine multiple models into one usually more accurate than the best of its components. Ensembles can provide a critical boost to industrial challenges -- from investment timing to drug discovery, and fraud detection to recommendation systems -- where predictive accuracy is more vital than model interpretability.

"The practical implementations of ensemble methods are enormous. Most current implementations of them are quite primitive and this book will definitely raise the state of the art. Giovanni Seni's thorough mastery of the cutting-edge research and John Elder's practical experience have combined to make an extremely readable and useful book." - Jaffray Woodriff, Quantitative Investment Management

Published February 24, 2010, Morgan and Claypool Publishers
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Cities We're Visiting
May:
Auburn, Alabama; Toronto, Ontario; Cincinnati, Ohio; Furman, South Carolina

June:
San Francisco, California; Chicago, Illinois

July:
Boston, Massachusetts; Charleston, South Carolina; Cincinnati, Ohio; Concord, New Hampshire; Portland, Maine; San Diego, California; Toronto, Ontario

See Past Cities
 
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