Next September, Chicago's DePaul University will offer the nation's first Masters of Science degree program in the field of predictive analytics. The program will be offered from the newly established Center for Data Mining and Predictive Analytics at the university. According to this IT World report, IBM will provide predictive analytics software, data sets and guest lecturers in support of the center.
"The center includes faculty from DePaul's School of Computing and its Department of Marketing and will focus on research involving the application of predictive analytics in marketing, health care education and transportation. IBM will provide predictive analytics software, data sets and guest lecturers in support of the center.
"'Predictive analytical skills are in high demand' in all areas of business, Fogel said. A growing number of organizations use predictive analytics tools to better understand issues such as customer relationship management, customer churn and the impact of social media on consumer shopping and purchasing, she said."