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February 12th, 2012
1:45 pm - 5:00 pm
Prerequisite: None
Stephen Brobst
Social networking via applications such as LinkedIn, Facebook, and Google+ has created huge interest in understanding the connections between individuals to predict patterns of churn, influencers related to early adoption of new products and services, and customer segmentation. Identification of strong and weak ties in a social network has many applications—but can be computationally intense to calculate for large populations. This workshop will illustrate techniques for successful implementation of social network analysis using practical algorithms and parallel database technologies to overcome scale problems inherent in performing implementation at large scale (millions of customers/prospects). Practical case studies for extracting value from social network analysis will also be discussed. Social networking analysis using transactional data as well as social media will be covered.