Knowledge Engineering and Data Analysis
Data Mining, Software Engineering and Simulation and their potential applications, development of software tools and Decision Support Systems to help experts in different fields extract relevant information from the data generated on a daily basis.
TECHNOLOGY DESCRIPTION
The group specialises in predictive models based on large volumes of data. It applies different Machine Learning techniques, such as Classification, Regression, Clustering and Dimensionality Reduction, to particularly complex problems.
Algorithms for data processing incorporating AI techniques, to be integrated into business management software applications.
How could the main challenges faced by companies be addressed?
- Limitations in the efficient management of large volumes of data
Big Data environments require the application of new data analysis techniques such as those described above.
- Difficulties in handling unstructured information
The integration of data from different sources produces unstructured repositories that require ETL processes incorporating clustering techniques to organise the information before it is strategically exploited.
- Inefficient predictive models in information-intensive environments
Traditional predictive models do not perform effectively in today’s Big Data environments, making it necessary to apply new algorithms incorporating Artificial Intelligence techniques such as decision trees and pattern extraction.
- Limited ability to adapt Information Systems to changing environments
If the business environment is constantly changing, the predictive models used must also adapt. Data Streaming techniques are highly effective in these cases.
TECHNOLOGY APPLICATIONS
Development of web-based prediction systems to support business decision-making, and design of management systems for the statistical analysis of information from companies handling large and complex volumes of data. The multi-sectoral tools applied can be used to analyse sectors such as footwear and its customers, as well as the construction sector and the interests of potential buyers or markets with development potential.
ADVANTAGES AND INNOVATIVE ASPECTS
Predictive systems are developed and implemented for large volumes of data, together with methods for processing information in highly dynamic data environments.
We offer fully interactive and easy-to-use reports for business users, enabling them to visualise heat maps, such as the one developed for the association of property developers, showing areas of interest for private buyers and the demand they generate.
DEVELOPMENT STAGE
Ready for implementation. The group has the methodology and software tools required for immediate integration into business management applications.
APPLICATION SECTORS
- Retail and E-commerce.
- Real Estate and Construction.
- Industry 4.0 (Footwear, Textiles, Automotive).
- Finance and Insurance (Risk Analysis).
- Multi-sector.
PRINCIPAL INVESTIGATOR
Alejandro Rabasa Dolado – Centre for Operations Research