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The Key to Optimizing Retail Marketing Budgets at Data Driven Companies

Many large retailers analyze historical data to project future marketing budget allocations using a marketing modeling mix (MMM) approach.  This descriptive approach however, has its limitations. Using data that is up to six months old to optimize budgets for a dynamic market in which customers, markets and media channels and tools are constantly changing, does not deliver the …

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Mining with a Model Factory

Insurers want to effectively cross-sell policies to consumers, but traditional predictive approaches have had limited results. WorldQuant Predictive’s team believed they could improve marketing conversion rates and outcomes in this vertical. In a recent test, they leveraged the latest technologies and machine learning methodologies to yield a conversion rate of more than 43%, with a …

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Three Critical Components Data-Driven Companies Need to Make Their Business Predictions More Accurate

Companies that use data and AI tools to see around corners and predict customer behavior, sales and risks have a significant competitive edge. Accurate predictions also make for healthier bottom lines. While rich in data these days, most businesses are not getting the most out of their analytics. There are three critical components that need …

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Our CVS Health Predictions Project Featured in Datanami

March 29, 2021The Data Proxy That Let CVS See Around the COVID CornerBy Alex Woodie When the economy went into lockdown from COVID last March, consumer demand shifted practically overnight, throwing retailers and their carefully planned supply chains into disarray. Like many retailers, CVS Health suffered from the turmoil. But by quickly pivoting its inventory …

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New AI-Enabled Virtual Screening Tool Identifies Most Promising Approved Drugs for Success in Treating COVID‑19

Model Can Reduce Drug Discovery Timeline for Other Diseases NEW YORK, Feb. 18, 2021 /PRNewswire/ — WorldQuant Predictive (WQP), an AI predictive products company, and CAS, a division of the American Chemical Society that specializes in scientific information solutions, have partnered to develop a groundbreaking methodology that can save time and lives by helping research teams rapidly prioritize the …

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Novel AI-Enabled Virtual Screening Tool Identifies Most Promising Approved Drugs for Success in Treating COVID-19

In the fall of 2020, WorldQuant Predictive, a leader in AI prediction products, undertook the development of a virtual AI-enabled screening tool predictive model for medical research. The goal of the project was to solve something that has evaded scientists to date—how to quickly find and identify already known compounds to treat diseases–saving critical time, …

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WorldQuant Predictive Hires AI Industry Veteran, Dan Wilson to Lead Sales

NEW YORK – JANUARY 19, 2021 – WorldQuant Predictive (WQP), the leader in quantitative AI-based predictions for companies and other organizations, has hired Dan Wilson as Head of Sales. The AI industry veteran will lead a team responsible for selling WQP’s proprietary prediction technology. Wilson joins WQP from Element AI, recently acquired by ServiceNow, where …

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