The DMC 2018 came to a close on 17 May after six weeks with the submission of the solutions. This year’s goal was to come up with a sales prediction for the sale of sporting goods. To do this, historical transaction data from a real online sporting goods shop was provided to the students. The awards were presented during the evening program of the personalization & pricing summit on 26 June 2018 at nhow Berlin. Along with their awards, the top three teams took away prize money of between 500 and 2000 euros. The event was aimed at retailers and industry experts and included many lectures explaining how retailers can optimize their processes by using artificial intelligence and thus gain sustainable competitive advantages.
prudsys AG is one of the leading providers of AI technologies in omnichannel business, and has successfully combined data mining theory and practice for 19 years in the DATA MINING CUP. Students from all over the world put their theoretical knowledge of data science to the test in a practical task. Last year’s winning teams came from the École polytechnique fédérale de Lausanne, ETH Zurich and Southeast University in China.