A team of Iowa State University graduate students placed second and third place in the 2015 Data Mining Cup in Berlin. Topped only by the Humboldt University of Berlin, ISU’s two teams were a strong presence at the 16th annual event, which boasted record numbers – 188 teams from a total of 153 universities from 48 countries.
The Data Mining Cup is a student competition in the field of intelligent data analysis (data mining) that has been known around the world since 2000. This year, competitors were tasked with taking anonymized historical order data with associated coupon generation from a real online shop and using it to develop a prediction model. With the help of this model, it would be possible to make predictions for new orders including their shopping basket values and redeemed coupons.
Winners were announced June 29 and 30 in Berlin. Last year, ISU took the first-place prize, becoming the first team from the United States to do so. This year, ISU was the only U.S. team in the top 10 teams. The teams took home $1,000 for their second-place finish, and $500 for the third-place finish.
Congrats to both teams!