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AlgoMost Contest: Can you predict future company acquisitions?

20th Jun `14, 01:13 PM in Resources

Looking for a challenging Big Data contest? Well, here is one! International data mining platform AlgoMost has launched…

BDMS
Guest Contributor
 

Looking for a challenging Big Data contest? Well, here is one!

International data mining platform AlgoMost has launched a new competition focusing on M&A (Mergers and Acquisitions). The goal of the competition is to predict what companies are more likely to be acquired during the current fiscal year. The contest will run until the end of August 2014.

AlgoMost platform has already united more than 500 teams of data miners and data scientists (solvers) around the world and is running the contest due to the relevance of the topic and transforming economy.

The total prize fund is $15,000, which will be distributed as follows. At the end of August 2014, first $5000 will be divided among the best solvers at the end of August according to evaluation of their solutions by functionality and expert opinion.

The main prize of $10,000 will be awarded in March 2015 – by this time the annual financial results of companies will be announced, so we will know exactly which companies have actually been absorbed. Thus, the main prize money will be awarded on the basis of a completely objective data. AlgoMost is the platform for data analysis, based in Skolkovo, Russia.

To participate, click here.

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