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Tristan Bergh
Predictive Analytics in Action – Real Business Results in SA
EMERGENCE
Speaker 8 of 17
Followed by
Marc Smith
@ixioanalytics
Predictive Data Science	

Powerful Results
How would we predict which coffee you would love?	

beans? cappuccino? filter?
americano? cold milk? pull
time? pressure? sugar?
cinnamon? chocolate
sprinkles?
Your business 	

has more excitement and potential locked
up inside it 	

than a 10 year-old’s birthday morning	

	

Everyone wants to maximise effectiveness,
performance & profits	

	

We have process to do this…	

Your business!
Question, Think, Test, Analyse	

•  Ask a question	

•  Build your hypothesis/choose one of the coloured pills (there
are more than two…)	

•  Set up your tests and run them	

•  Explore your results as you would a used car: thoroughly and
without emotion
Test It!!!	

	

Cross validation: there is no
escaping it	

	

If the model fits accurately,
your customers’ knowledge is
definitive	

	

Inaccurate models show
themselves quickly - start again!
Predictive Analytics Workflow
Question?

 Hypothesis

Data Sourcing
& Wrangling

Tweak, Test on
Unseen Data

Build
Predictive
Model

Real-world
Test

Test Group

Control Group

Result
Cool, Cutting-Edge Results	

Tested models can be reliably deployed.
They’re better than guesswork, aren’t they?	

	

What kind of results can I expect?
Tools of Our
Trade	

R, Python, Apache stack,
Cloud, !
Open Source!
Statistics, Engineering,
Applied Maths,!
Systems Modelling!
observe	

measure	

experiment	

test
Results
Call centre savings ZAR6m/month
Payment reminder response from 2% to
24%
Telesales up by 20%
ARPU up by 5%
Net new customer numbers 96% accurate
Insurance quote predictor: 92% accurate
D a t a
S c i e n c e 	

	

Gather tested insights
from all your data	

	

Get definitive guidance
for your business

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Tristan Bergh - Predictive Analytics in Action: Real Business Results in South Africa

  • 1. Tristan Bergh Predictive Analytics in Action – Real Business Results in SA EMERGENCE Speaker 8 of 17 Followed by Marc Smith @ixioanalytics
  • 3. How would we predict which coffee you would love? beans? cappuccino? filter? americano? cold milk? pull time? pressure? sugar? cinnamon? chocolate sprinkles?
  • 4. Your business has more excitement and potential locked up inside it than a 10 year-old’s birthday morning Everyone wants to maximise effectiveness, performance & profits We have process to do this… Your business!
  • 5. Question, Think, Test, Analyse •  Ask a question •  Build your hypothesis/choose one of the coloured pills (there are more than two…) •  Set up your tests and run them •  Explore your results as you would a used car: thoroughly and without emotion
  • 6. Test It!!! Cross validation: there is no escaping it If the model fits accurately, your customers’ knowledge is definitive Inaccurate models show themselves quickly - start again!
  • 7. Predictive Analytics Workflow Question? Hypothesis Data Sourcing & Wrangling Tweak, Test on Unseen Data Build Predictive Model Real-world Test Test Group Control Group Result
  • 8. Cool, Cutting-Edge Results Tested models can be reliably deployed. They’re better than guesswork, aren’t they? What kind of results can I expect?
  • 9. Tools of Our Trade R, Python, Apache stack, Cloud, ! Open Source! Statistics, Engineering, Applied Maths,! Systems Modelling!
  • 12. Call centre savings ZAR6m/month Payment reminder response from 2% to 24% Telesales up by 20% ARPU up by 5% Net new customer numbers 96% accurate Insurance quote predictor: 92% accurate
  • 13. D a t a S c i e n c e Gather tested insights from all your data Get definitive guidance for your business