Customer
Retention & Churn Analysis. The need: churn levels
of 12-25% a year and the cost of acquiring a customer
is so high that it requires a customer to be loyal to
the mobile phone operator for 6 years to break even...
Fault
prediction. The need: complex manufacturing process spread
across the world. Production process malfunction may not
be detected for a couple of days resulting in large losses.
On one such occasion 46% of heads were found to be faulty...
House
Price Prediction. Need: Robust tool for mass appraisal
of residential properties, human-intensive task, using
an accurate modelling technique can result in reduced
costs significantly.