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Tuesday, 22 July 2014

Kaggle competitors to leverage on FICO Analytic Cloud, FICO Solution Stack

FICO, a predictive analytics and decision management software company will host competitions from Kaggle, which runs predictive analytics competitions, in the FICO Analytic Cloud, a web-based infrastructure for creating, customising and deploying powerful, analytics-driven applications and services.

FICO and Kaggle will begin running analytics competitions later this summer (Editor's note: roughly July to September). 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. All contestants are given free access to the FICO Solution Stack, FICO's platform for big data analytics and decision management.

"Crowdsourced innovation is an extremely exciting outgrowth of what we refer to as the democratisation of analytics," said Doug Clare, VP 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."

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