Industries

Healthcare


Improve clinical care and patient outcomes, reduce fraud, and manage financial risk.

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Healthcare

Insurance


Prioritize claims, reduce risk and cost, prevent fraud, and improve customer experience.

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Insurance

Financial Services


Improve regulatory compliance, detect fraud, assess risk, and enhance customer value.

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Financial Services

Software & Technology


Analyze sensor/log data to enhance product design and user experience, and reduce attrition.

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Software & Technology

Government


Prevent fraud, waste, and abuse, improve program integrity, and deliver return on investment.

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Government

Defense & Intelligence


Detect and prevent threats, improve security, prioritize caseload, and mitigate risk.

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Defense & Intelligence

Case Studies

Government

US Postal Service


Elder Research partnered with the U.S. Postal Service Office of Inspector General to develop and deploy a custom solution to identify and prioritize questionable contracts and healthcare claims for investigation. Leads generated were 74% actionable, resulting in over $11 million in recoveries, restitutions, and cost avoidance in the first year.

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Commercial

DentaQuest


Elder Research developed a provider risk scoring model that enabled targeted intervention with low quality providers and reduced per patient cost by nearly 20 percent.

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Commercial

nTelos


By applying advanced techniques for modeling and visualizing customer records, Elder Research created a combined data and text mining solution to increase marketing efficiency and reduce churn. The model improved targeted messages which resulted in higher profitability for nTelos, a regional mobile phone carrier.

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Featured Clients & Partners

Events

  • Conference News

    October 10, 2018

    Elder Research Will Sponsor Data Transparency 2018

    Elder Research

    Elder Research will sponsor Data Transparency 2018the largest annual open data conference in the United States. The conference will examine the challenges, benefits, and solutions around information sharing across the government, compliance, and private sectors. With these changes comes greater transparency, analytics for better decision making, and cost reduction across the private sector. Come join us at the conference in Washington, D.C. on October 10th.

    October 10, 2018

    Elder Research Will Sponsor Data Transparency 2018

    Elder Research

    Elder Research will sponsor Data Transparency 2018the largest annual open data conference in the United States. The conference will examine the challenges, benefits, and solutions around information sharing across the government, compliance, and private sectors. With these changes comes greater transparency, analytics for better decision making, and cost reduction across the private sector. Come join us at the conference in Washington, D.C. on October 10th.

  • Conference News

    November 9, 2018

    Elder Research Will Sponsor Datapalooza Hosted By The University Of Virginia

    Elder Research

    Elder Research will sponsor Datapalooza 2018, a daylong presentation of data-driven research and initiatives and networking opportunities at the University of Virginia on November 9, 2018. This year the event focuses on Machine Learning; Data Visualization; Data Integration and Engineering; and Data Ethics, Law, Policy and Social Implications. Come meet us at our booth!

    November 9, 2018

    Elder Research Will Sponsor Datapalooza Hosted By The University Of Virginia

    Elder Research

    Elder Research will sponsor Datapalooza 2018, a daylong presentation of data-driven research and initiatives and networking opportunities at the University of Virginia on November 9, 2018. This year the event focuses on Machine Learning; Data Visualization; Data Integration and Engineering; and Data Ethics, Law, Policy and Social Implications. Come meet us at our booth!

  • Conference

    September 28-29, 2018

    Elder Research To Sponsor BeCamp Charlottesville

    Elder Research

    Elder Research will sponsor beCamp Charlottesville hosted by the University of Virginia on September 28-29, 2018. beCamp is a Charlottesville tech conference planned by the people who show up. On the evening prior to the conference, attendees socialize over food and drink, nominate topics they would like to present on or see discussed during the conference, and then cast their votes. You don't need to be an expert in a subject to suggest it for discussion! Anyone interested in technology should attend. Be sure to attend both both days to get the most out of the event.

    September 28-29, 2018

    Elder Research To Sponsor BeCamp Charlottesville

    Elder Research

    Elder Research will sponsor beCamp Charlottesville hosted by the University of Virginia on September 28-29, 2018. beCamp is a Charlottesville tech conference planned by the people who show up. On the evening prior to the conference, attendees socialize over food and drink, nominate topics they would like to present on or see discussed during the conference, and then cast their votes. You don't need to be an expert in a subject to suggest it for discussion! Anyone interested in technology should attend. Be sure to attend both both days to get the most out of the event.

  • Speaking Event

    September 20-22, 2018

    John Elder Keynote Speaker At Command Control In Munich

    John Elder

    John Elder will deliver the keynote address at the Command Control summit in Munich, Germany on September 20-22, 2018. The summit is going to be the first interdisciplinary conference covering integrated risk management and cybersecurity topic form the leadership and management point of view supporting enhanced holistic decision-making.

    September 20-22, 2018

    John Elder Keynote Speaker At Command Control In Munich

    John Elder

    John Elder will deliver the keynote address at the Command Control summit in Munich, Germany on September 20-22, 2018. The summit is going to be the first interdisciplinary conference covering integrated risk management and cybersecurity topic form the leadership and management point of view supporting enhanced holistic decision-making.

  • Workshop

    October 2, 2018

    John Elder Teaching A 1-Day Workshop At The Predict 2018 Conference In Dublin, Ireland

    John Elder

    John Elder will teach a 1-day workshop on "Core Machine Learning and Data Science Techniques" at the annual Predict conference in Dublin, Ireland on October 2, 2018.

    October 2, 2018

    John Elder Teaching A 1-Day Workshop At The Predict 2018 Conference In Dublin, Ireland

    John Elder

    John Elder will teach a 1-day workshop on "Core Machine Learning and Data Science Techniques" at the annual Predict conference in Dublin, Ireland on October 2, 2018.

  • Speaking Event

    October 17, 2018

    John Elder Keynote Speaker At Predictive Analytics World For Business In London

    John Elder

    John Elder will deliver the keynote address "The Greatest Science" at the Predictive Analytics World conference in London on October 17, 2018.

    October 17, 2018

    John Elder Keynote Speaker At Predictive Analytics World For Business In London

    John Elder

    John Elder will deliver the keynote address "The Greatest Science" at the Predictive Analytics World conference in London on October 17, 2018.

  • Workshop

    October 16, 2018

    John Elder Teaching A 1-Day Workshop At Predictive Analytics World in London 2018

    John Elder

    John Elder will be teaching a 1-day workshop at PAW London on "The Best and Worst of Predictive Analytics: Predictive Modeling Methods and Common Data Mining Mistakes" on October 16, 2018. 

    October 16, 2018

    John Elder Teaching A 1-Day Workshop At Predictive Analytics World in London 2018

    John Elder

    John Elder will be teaching a 1-day workshop at PAW London on "The Best and Worst of Predictive Analytics: Predictive Modeling Methods and Common Data Mining Mistakes" on October 16, 2018. 

News

Gerhard Pilcher Quoted in CIO Australia Article

At a recent two-city breakfast event in Sidney and Melbourne Australia, Elder Research CEO Gerhard Pilcher urged businesses to conduct a reality check and set appropriate expectations for advanced analytics. In his keynote address, Gerhard discussed how AI is shaping the world, and how it can incrementally help businesses. Read more in the CIO article "Industry Experts Reveal Power and Vision of Advanced Analytics".

Robert Pitney's Article on A Blueprint for Effective Analytics Programs Published in PA Times

Senior Data Scientist Robert Pitney's article "Analytics Assessment: A Blueprint for Effective Analytics Programs" was published in Predictive Analytics Times. The article discusses the importance of doing an Analytics Assessment to developing a well-conceived analytics strategy to achieve a sustainable competitive advantage and generate significant return on investment using analytics.

Tom Shafer Wins Blackmarker Machine Learning Modeling Contest

Data Scientist Tom Shafer has been declared the winner of its Blackmarker ML Modeling Contest.  Tom’s model outperformed all other contest entries and was validated with a 250 document out-of-sample evaluation set which produced an F-measure that exceeds the threshold for a doubling of the prize money.

According to Zach Buckner, CEO of Blackmarker, “Tom’s model leveraged innovative features that he developed over top of the original data, including some NLP-based features.  It also employed some clever tactics, such as altering the shape of the page targets that were provided by a commercial OCR package and by our proprietary Glyphic processing engine. This result is a testament to his exceptional talent as a data scientist.  We’re delighted with his work and with the results of the contest, which will be incorporated into our application to drive even greater accuracy.”  

Dustin Hux Receives Alfred C. Weaver Award for Industry

Dustin Hux received the Alfred C. Weaver Award for Industry. The award is presented by the University of Virginia Applied Research Institute to three individuals, one each from government, industry, and academia who serve as examples of one of the Applied Research Institute’s primary missions, to support and encourage collaboration in research and development among these three groups.

Dr. Alfred Weaver, Professor of Computer Science and Founding Director of the Applied Research Institute, has worked throughout his career to create new research programs, educational opportunities and collaborative work environments to support the broader Defense and Intelligence Communities. As Founding Director of the Applied Research Institute, Dr. Weaver recognized the opportunity to bring together the resources of the University of Virginia, with those of industry and government alike, to harness the collective power of these diverse groups.

EBooks

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Leading A Data Analytics Initiative

This eBook includes Chapter 3 from industry experts Jeff Deal and Gerhard Pilcher’s book Mining Your Own Business, A Primer for Executives on Understanding and Employing Data Mining and Predictive Analytics. Chapter 3 titled “Leading a Data Analytics Initiative” covers the key challenges and considerations for business leaders employing analytics to provide data-drive insight.

The Ten Levels of Analytics

Every technical project involves some sort of analytics, ranging from simply reporting key facts, to predicting new events. In this eBook we define ten increasingly sophisticated levels of analytics so that teams can assess where they stand and to what they aspire. The eBook clarifies definitions of three types of analytic inquiry and four categories of modeling technology and illustrates these levels with examples using tabular data representations commonly found in spreadsheets and single database tables. Additionally, the Levels are extended to encompass emerging data types such as time series, spatial data, and graph data, by providing data complexity as second dimension for categorization alongside algorithmic sophistication.

Top 10 Data Mining Mistakes

In two decades of mining data from diverse fields, we have made many mistakes, which may yet lead to wisdom. In this eBook, we briefly describe, and illustrate from examples, what we believe are the “Top 10” mistakes of data mining, in terms of frequency and seriousness. Most are basic, though a few are subtle. All have, when undetected, left analysts worse off than if they’d never looked at their data.

Resources

Featured Video

Gerhard Pilcher discussed the gap between the promise of analytics to transform a company and the actual results, and how adaptability and intuition by leadership can help close that gap.

Target Shuffling is a process for testing the statistical accuracy of data mining results. It is particularly useful for identifying false positives, or when two events or variables occurring together are perceived to have a cause-and-effect relationship, as opposed to a coincidental one. 

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Book Overview

COVER_Mining_Your_Own_Business.jpg

Mining Your Own Business is a practical guide for organizational leaders and top-level executives that demonstrates how to harness the power of data mining and predictive analytics, and avoid costly mistakes.

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