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- 1. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
Automated Machine Learning
Gourab De, VP of Data Science Practice, DataRobot
Predictive Analytics World, San Francisco, 2017
- 2. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
Machine Learning in Insurance business decisions
COST
MARKETING &
RISK SELECTION
QUOTING, UNDERWRITING &
AUDIT
CLAIMS
MANAGEMENT
PREDICTING FRAUD &
LITIGATION
RETENTION
REVENUE
- 3. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
Machine Learning in Financial Services
COST
RISK STRATIFICATION
UNDERWRITING
LOAN MANAGEMENT FRAUD DETECTION
RETENTION, CROSS/UP-SELL
REVENUE
RISK AND
COMPLIANCE
ANTI-LAUNDERING
MARKETING
- 4. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
Machine Learning in Healthcare Delivery
Improved service
● Predicting escalation/
de-escalation of care
● Predicting occupancy of ICU
● Optimizing staffing needed
for ED
Better outcomes Reduced cost
● Predicting hospital-acquired
infection
● Predicting postoperative
outcomes
● Risk stratification
● Predicting treatment
effectiveness
● Predicting avoidable
readmission
● Predicting patients who are
likely to sue
● Predicting delay in payment
● Fraud detection
- 5. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
The Blueprint
1. Develop a lot of models
2. Deploy them all
3. Use them in decision making
- 6. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
Point of Failures in Machine Learning
1. Hiring and retaining good data scientists is impossible
2. Targeted end-users of machine learning product are
not included in the problem solving
HBR Article you may find interesting
- 7. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
New Technology Opens up New
Possibilities to the Executives
Artificial Intelligence & Automation
makes Machine Learning Scalable,
Pervasive and Inclusive
- 8. Confidential. Copyright © DataRobot, Inc. - All Rights Reserved
What defines Automated Machine Learning
Accuracy open-source competitive model selection, built for iteration
Control appeals to advanced data scientists
Interpretability transparency to validators, actionable insights to business
Integration not a model built in a lab, ready for production