Social networking via Web 2.0 applications such as LinkedIn and Facebook has created huge interest in understanding the connections between individuals to predict patterns of churn, influencers related to early adoption of new products and services, successful pricing strategies for certain kinds of services, and customer segmentation. We will explain how to use these advanced analytic techniques with mini case studies across a wide range of industries including telecommunications, financial services, health care, retailing, and government agencies. Identification of strong, medium, and weak ties in a social network has many applications – but can be computationally intense to calculate for large populations.
This workshop will illustrate techniques for successful deployment of social network analysis using practical algorithms and parallel database technologies to overcome scale problems inherent in performing implementation at large scale (millions of customers/prospects). Practical case studies for extracting value from social network analysis in the areas of fraud detection, churn reduction, viral marketing, and others will be discussed. Social networking analysis using transactional data as well as social media analytics for sentiment analysis will be covered. In addition to traditional social network analysis, we will discuss use of bi-partite graphs for advanced product recommendations and fraud analytics.
Additional Information
Audience | Business, Expert. This workshop is geared toward data scientists and aspiring data scientists, BI analysts, solution architects, and persons desiring to understand value creation from social network and social media data. |
Objective |
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Format | Workshop |
Duration | 3 hours – 1 day |
Trainer | Stephen Brobst |
Delivery Method | In-person at AlphaZetta Academy locations or on-premise for corporate groups |
Private and Corporate Training
In addition to our public seminars, workshops and courses, AlphaZetta Academy can provide this training for your organisation in a private setting at your location or ours, or online. Please enquire to discuss your needs.
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Private and Corporate Training
In addition to our public seminars, workshops and courses, AlphaZetta Academy can provide this training for your organisation in a private setting at your location or ours, or online. Please enquire to discuss your needs.