Blog

How we beat stats guru Nate Silver – with only 2 days and a $7.56 budget

Posted by Jon Millis

4/15/14 10:00 AM

April is the pinnacle of excitement for American sports fans. Baseball stadiums lift the tarps off freshly groomed fields, NBA and NHL teams begin their playoff quests for championship trophies, and of course: the college basketball world witnesses the last stretch of thrilling (and seemingly unpredictable) postseason play.

The “unpredictability” of the NCAA tournament is one of the primary reasons it’s so entrancing. While sports networks like ESPN employ college basketball “gurus” who form predictions based on some combination of gut feeling and statistics, their historical picks suggest they aren’t much better than the average American in picking tournament outcomes before the games tip off. 

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Topics: Eureqa, Big data, March Madness, Nate Silver

How Nutonian almost won $1B

Posted by Jess Lin

4/2/14 1:00 PM

We journeyed out to Chicago for the first day of March Madness, armed with Eureqa and our final bracket for the NCAA tournament. While the chaos of this year's March Madness may have cheated us out of Buffett's $1B, we have enjoyed a pretty decent bracket (with what appears to be more successful predictions this weekend). It's not cheating to use Eureqa™ to make confident bracket predictions (and explain them!) without spending hours watching ESPN or poring over analyst reports.

Why March Madness?

March Madness is one of the most popular annual sporting events in the US, and for those of us who are less than basketball savvy, it was an incredibly fun challenge. Quicken Loans offered $1B to anyone that could accurately predict the winners of all 63 games (OK, this may have had an influence on our decision as well). More commonly known as Buffett's Billion Dollar Challenge, the contest sparked intense excitement as thousands searched for the hidden keys to unlocking this perfect bracket.

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Topics: Eureqa, March Madness, Chicago, Meetup

March Madness Meets Moneyball

Posted by Jess Lin

3/17/14 10:30 AM

This Thursday, 3/17, Nutonian will be travelling to Chicago for an entertaining Meetup where they'll take on Warren Buffett's Billion Dollar March Madness Challenge. In case you haven't heard, Warren Buffett is offering one billion dollars ($1,000,000,000) to anyone who fills out a perfect NCAA basketball championship bracket.

We will be building our NCAA bracket with Eureqa™ using data from Kaggle's March Machine Learning Mania competition, as well as a number of other sources. Using Eureqa™ to analyze the data allows us to combine domain expertise with the power to automatically derive meaning from the massive quantity of data available. Leave subjective opinions out and uncover the hidden keys for filling out a perfect bracket!

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Topics: Eureqa, Big data, March Madness

Customer Spotlight: University of Vermont

Posted by Jess Lin

2/17/14 9:00 AM

We have amazing customers doing even more amazing things with their data. As we hear from our customers with their stories, we will be sharing them with you here on our blog. Hopefully they will help inspire you to think about what more you could be doing with your own data! Contact us if you have a case study using Eureqa you would like to share.

Network theory has found strong applications in fields from social sciences to physics. One prominent way that network theory can be applied is in social networks, to examine the structure of relationships between different social entities on the network. Using network theory, researchers can discover nodes (people) that have been hidden from the networks, and even pinpoint fictional nodes that have been implanted into the network. 

Josh Bongard, professor of computer science at the University of Vermont, was already familiar with the Eureqa software from communications with Michael Schmidt. He and fellow professor, Jim Bagrow, decided to pit Eureqa against their enormous dataset of simulated social networks to create models that could discover missing nodes. 

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Topics: Eureqa, Case study

Webinar: Update from the CEO

Posted by Jess Lin

2/3/14 10:00 AM

Thank you to everyone who was able to join our webinar last Wednesday! We’ve experienced remarkable interest in the work we’re doing along with incredible growth in 2013 (more on that later!).  Michael Schmidt, Founder and CEO of Nutonian, shared several of our key performance metrics, specifically customer growth, community forum traction / participation, # of searches, and # of models being calculated per second.  Additionally, Michael shared several customer use case examples as well as a sneak peek at our latest product in development.

With only 30 minutes time we weren’t able to respond to all of your submitted questions; however, below is the Q&A from the most commonly asked questions.  If you have any other questions for Michael, please visit our user forums and post your question there!

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Topics: Announcement, Webinar

How to Classify Evergreen Content with Machine Learning and Eureqa

Posted by Matt Fleming

1/16/14 9:18 AM

Watch the Tutorial »

As a part of a recent Kaggle competition, StumbleUpon challenged users to build a model using machine learning that would classify whether a webpage should be considered evergreen or ephemeral.  The ability to better classify and understand evergreen content would allow StumbleUpon to greatly improve the performance of its recommendation engine. 

Evergreen content, for those not familiar with the term, signifies content that remains relevant, valuable, and authoritative year after year.  Evergreen content is of immense value to marketers, as it continually generates traffic and leads season after season.  Hubspot has a great introductory article on the subject.

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Topics: Eureqa, Tutorial

Customer Spotlight: Rio Tinto

Posted by Jess Lin

12/19/13 10:34 AM

We have amazing customers doing even more amazing things with their data. As we hear from our customers with their stories, we will be sharing them with you here on our blog. Hopefully they will help inspire you to think about what more you could be doing with your own data! Contact us if you have a case study using Eureqa you would like to share as well.

As a major supplier of iron and steel powder to North American, Europe, and Asia auto parts industries, Rio Tinto, Fer et Titane (RTFT), carefully watches specifications for the products it manufactures to ensure consistent product quality. RTFT has seen a large increase in demand for steel powder recently, as many manufacturers have been switching to an efficient powder-based manufacturing approach. However, changing specifications in one of their iron powders was resulting in some batches not passing Rio Tinto's high standards for quality.

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Topics: Eureqa, Case study

Nutonian Gives Back

Posted by Matt Fleming

12/10/13 10:37 AM

Everyone at Nutonian is thrilled to announce the launch of a free academic license program for Eureqa.  The program formally makes the Eureqa desktop software free for students, faculty and staff at K-12 schools and accredited universities.  

With over 40,000 unique users to date, Eureqa has already been cited in 90 independent, peer-reviewed research journals and papers, and has been used at over 400 schools and universities worldwide.  This program promises to offer those in academia a powerful, free tool for quickly gaining understanding from data collected during research.

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Topics: Eureqa, nutonian, company, Announcement

Extracting actionable insights from Big Data

Posted by Jess Lin

12/5/13 9:37 AM

As data storage costs have decreased and companies have increasingly instrumented their products and services for data collection, the subsequent influx of data offers forward thinking companies new opportunities to strengthen service offerings and improve efficiencies. The challenge however, is being able to quickly extract actionable insight from the data so it can be used to make better-informed decisions. 

According to a recent Gartner report, big data has motivated information and business leaders to look for new opportunities to leverage their data, with 30% of the enterprises surveyed reporting that they had launched a big data project in 2013. At the same time, even with all these big data project launches, companies still don't fully understand how to extract the most value from their data as shown in the graph below. 

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Topics: Eureqa, Big data

Advanced Regression Analysis for Excel

Posted by Matt Fleming

12/2/13 9:34 AM

All of us at Nutonian are thrilled to announce the public beta of a new and exciting version of Eureqa.  It’s called Eureqa for Excel and it’s a plugin that makes it easy for anyone to quickly create simple, highly accurate models of their data in Excel. It uses the same advanced symbolic regression algorithm found in the Eureqa desktop client.

We’d like to invite you to be among the first to try it.

All you have to do is visit the Eureqa for Excel product page and download the plugin. Then just double click the installer and you’re off. 

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