Predictive Analytics Group
«It's hard to make predictions, especially about the future.»
(attr. to Niels Bohr)
Everybody wants to know «what will happen next». We book holidays hoping for fine weather, invest in stocks hoping for good returns, drive another 100km without refuelling expecting that what is left in the tank is still enough to reach the destination. We all engage in speculations and guessing future outcomes, and if we are smart enough, we use additional information to increase our chances of guessing right. And our brains evolved to be exceedingly good at it. But there are limits: we are 3-dimensional creatures, and reasoning in a space exceeding three dimensions is painstakingly hard.
Enter the computer. With the computing power harnessed in silicone, it is now possible to crunch through massive amounts of data, infer missing information, select and extract predictive features and build sophisticated models. It is possible to reason not only in three, but in hundreds and thousands of dimensions, and to discover connections and dependence between variables which could otherwise stay obscure and unnoticed. Equipped with this wealth of knowledge is possible to make predictions – also about the future. Enter the realm of predictive analytics.
We bring together the expertise and experience in:
- signal processing and predictive feature extraction
- ensemble methods for modeling and prediction
- data mining and exploratory analytics
- pattern discovery and pattern recognition
- statistical modeling and machine learning
- causal reasoning and modeling.
Together with our industrial partners, we strive to solve exciting applied data science problems in the domains of:
- machine learning in medtech and personalized health
- pattern recognition for environmental monitoring and protection
- predictive and prescriptive maintenance
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