28 May 2016
11:30 - 12:30
Real Time Predictive Analytics for Social Media
Distinguished ACM Speaker
Social media has grown dramatically over the last decade, both in terms of adoption and in terms of volume of information shared. Such growth proses huge challenges for people looking to make sense of what is going on within social media.
This presentation addresses those issues and presents the mathematical framework that we designed at TrendSpottr to make the analysis tractable and allow end users to make sense of all the data being shared on social media for topics that they want to track. One of the major challenges, aside from the sheer volume of data that needs to be processed, is the timeliness of the results. Ideally one would want to be able to react to new viral subjects early enough that the proposed reaction, either amplification or diminution, can take place before it is too late. We will discuss typical time frames that we have measured on existing social media along with a discussion on why the time frames differ depending on the type of social media that you are analyzing.
We will then go into the notion of real time estimators of key values that a social media user might want to track and how to best use such estimators to derive meaningful results to guide social media tactics.