FICO TO ENGAGE KAGGLE’S COMMUNITY OF 180,000 DATA SCIENTISTS TO DRIVE INNOVATION IN THE FICO ANALYTIC CLOUD - Top Stories news and analysis from Global Banking & Finance Review
Top Stories

FICO TO ENGAGE KAGGLE’S COMMUNITY OF 180,000 DATA SCIENTISTS TO DRIVE INNOVATION IN THE FICO ANALYTIC CLOUD

Published by Gbaf News

Posted on July 7, 2014

2 min read

· Last updated: October 31, 2023

Add as preferred source on Google

FICO Partners With Kaggle for Data Science

FICO and Kaggle team to offer world’s largest community of data scientists free access to Big Data analytics and decision management tools in order to solve complex problems

FICO (NYSE: FICO), a leading predictive analytics and decision management software company, and Kaggle, the global leader in running predictive analytics competitions, announced that FICO will host Kaggle competitions in the FICO Analytic Cloud, a new web-based infrastructure for creating, customising and deploying powerful, analytics-driven applications and services.

Upcoming Analytics Competitions Announcement

FICO and Kaggle will begin running analytics competitions later this summer. These competitions will give data scientists, including Kaggle’s community of 180,000 members, an opportunity to solve analytic challenges facing organisations in life sciences, financial services, retail, insurance and other industries. Besides the chance to win cash prizes and professional recognition, all contestants will enjoy free access to the FICO Solution Stack, FICO’s groundbreaking platform for Big Data analytics and decision management.

FICO TO Engage KAGGLE’S Community Of 180,000 Data Scientists To Drive Innovation In The Fico Analytic Cloud

FICO TO Engage KAGGLE’S Community Of 180,000 Data Scientists To Drive Innovation In The Fico Analytic Cloud

Democratizing Analytics Through Crowdsourcing

“Crowdsourced innovation is an extremely exciting outgrowth of what we refer to as the democratisation of analytics,” said Doug Clare, vice president for cloud analytics at FICO. “Together with Kaggle, we’re eager to see what happens when some of the world’s greatest minds get their hands on some of the world’s most powerful analytic tools and applications in the FICO Analytic Cloud.”

“When you challenge a community of data scientists to solve data problems through an objectively judged competitive framework, you get solutions that are fresh, powerful and elegant,” said Karthik Sethuraman, Head of Analytic Solutions at Kaggle. “By partnering with FICO, we’ll be able to present our community members with an even wider array of real-world analytic problems from FICO’s diverse client base.”

Details on FICO Analytic Cloud Competitions

Detailed information about forthcoming Kaggle competitions featuring the FICO Analytic Cloud will be released this summer.

Technology Behind the FICO Analytic Cloud

The FICO Analytic Cloud is built on open-source technologies, and leverages the latest industry standards, including Apache Hadoop, an open-source software framework; PMML, an XML-based language for predictive modeling; R, an open source analytic programming language and environment; Apache Lucene, a search engine library; and Apache Tika, a content analysis toolkit.

Key Takeaways

  • FICO partners with Kaggle to run competitions on its Analytic Cloud platform.
  • Kaggle’s 180,000‑member data science community will gain free access to FICO’s Solution Stack.
  • Competitions target real-world analytic challenges across multiple industries.
  • FICO Analytic Cloud leverages open‑source technologies like Hadoop, R, PMML, Lucene, and Tika.

References

Frequently Asked Questions

Who are the partners in this initiative?
FICO and Kaggle are collaborating to host analytics competitions using the FICO Analytic Cloud.
How many data scientists are expected to participate?
The competitions will be open to Kaggle’s community of approximately 180,000 data scientists.
What will participants get access to?
Participants will have free access to the FICO Solution Stack, FICO’s platform for Big Data analytics and decision management.
Which industries are the competitions targeting?
Challenges span industries including life sciences, financial services, retail, insurance and other sectors.
What technologies underpin the FICO Analytic Cloud?
It’s built on open‑source technologies including Apache Hadoop, PMML, R, Apache Lucene, and Apache Tika.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category