Consumer Purchasing Online Algorithm
We are the global leader in open innovation competitions with clients ranging from fortune 1000, large-scale not-for-profits, and governmental agencies. With more than a decade of experience, we have a proven track record of crowdsourcing innovation solutions from the world’s smartest people, who compete to provide ideas and solutions to important business, social, policy, scientific, and technical challenges. We are an authorized zintro partner. We have found that often times professionals with experience in adjacent areas of expertise can help to deliver the best solutions every day consumers make decisions on whether to buy or not buy a product. Oftentimes the decision is based solely on price or perceived value, but for more complex purchasing decisions many more factors might be considered before making a final determination. The product at the heart of this project is complex and multi-faceted, and our client has identified 72 independent variables that might influence the purchasing decision. Our client desires an algorithm to predict whether a customer will buy the product after learning the purchase price, and is providing a substantial database of over 600,000 past transactions with 72 independent variables as training data to help with this task. In addition, a database of over 700,000 transactions is provided for development and validation purposes and will be used for real-time online algorithm scoring. An online leaderboard will be available to provide feedback on performance relative to other algorithms. This is a reduction-to-practice challenge that requires submission of algorithm output for scoring, a written proposal, and a detailed description of the proposed algorithm. $20,000 is on offer the best algorithm and submissions must be made before the 18th january 2016. You will then need to register on the platform to see the full requirements and criteria and to submit.
Sounds interesting. Where can I register??...1.1 Hours Later
Jean Victor |Consultant
This looks interesting. Thank you in advance for details that you could send me....1.2 Hours Later
Edward |Managing Partner
This is a contest, without proper registration, it may be illegal in many states. As remuneration i...3.1 Hours Later