The first presentation about what KNIME has to offer and what it can do for your company, both with the desktop free version and the commercial products, captured the ears of the first-timers and other inexperienced KNIME users. The following talk listed the new features in the latest KNIME releases and was extremely well received by the more experienced part of the audience.
After this first short part dedicated to describe KNIME in its general and latest features, the community sessions began. The quality of the technical talks was incredibly high, even much higher than many of the conferences on analytics I have been to.
Alessandro Usseglio Viretta from InNumero started the community session with a talk showing the simulation of the Fama and French algorithm to measure the amount of skills and lack in a fund management. A Linear Regression node was used to estimate the alpha of the investment fund and the bootstrapping technique was implemented by means of the Shuffle node.
Phil Winters then described a number of possible data mining applications in the field of customer intelligence, mainly concentrating on segmentation and the use of decision tree and k-means to select groups of customers.
The third talk, from Andrea Scarso at Moneyfarm, implemented a psychological evaluation of the customer in order to advise him/her the most suitable investment option in terms of the customer’s evaluated risk attitude.
There was then a talk about a classical churn retention application given by Alfredo Roccato. It used a time series prediction technique to know in advance which customers are at risk of abandoning the company.
Alessandro La Torraca from the University Milano-Bicocca presented a very interesting work: the inference of the demographic features of an online-newspaper reader based on its online behavior features.
Two more chemistry oriented talks brought us to the end of the day. Even though chemistry is not my specialty, I got a few interesting hints about how to use KNIME even from these last two talks.
In summary, the first KNIME User Day Italia has been a huge success, thanks to the organizers, to the highly qualified speakers, and to the receptive and enthusiastic KNIME user community.
If by chance KNIME organizes a KNIME User Day workshop in your neighborhood, do not miss it! It has been a fantastic opportunity for networking and knowledge sharing.