Title :
Empirical comparison and evaluation of classifier performance for data mining in customer relationship management
Author :
Crone, Sven F. ; Lessmann, Stefan ; Stahlbock, Robert
Author_Institution :
Dept. of Manage. Sci., Lancaster Univ., UK
Abstract :
In competitive consumer markets, data mining for customer relationship management faces the challenge of systematic knowledge discovery in large data streams to achieve operational, tactical and strategic competitive advantages. Methods from computational intelligence, most prominently artificial neural networks and support vector machines, compete with established statistical methods in the domain of classification tasks. As both methods allow extensive degrees of freedom in the model building process, we analyse their comparative performance and sensitivity towards data pre-processing in a real-world scenario.
Keywords :
artificial intelligence; customer relationship management; data mining; neural nets; support vector machines; artificial neural networks; consumer markets; customer relationship management; data mining; support vector machines; systematic knowledge discovery; Artificial neural networks; Companies; Computational intelligence; Customer relationship management; Data mining; Electronic mail; Knowledge management; Management information systems; Support vector machine classification; Support vector machines;
Conference_Titel :
Neural Networks, 2004. Proceedings. 2004 IEEE International Joint Conference on
Print_ISBN :
0-7803-8359-1
DOI :
10.1109/IJCNN.2004.1379947