MBAN program partners with tech provider to develop AI-powered predictive analytics tool
A new partnership between the Schulich Master of Business Analytics program (MBAN) and technology provider, Exigent will result in the creation of a predictive analytic tool developed to track supply and demand of resources during disaster-related emergencies.
Available in June 2020, the platform is the first in a series of analytics tools that Schulich and Exigent will develop collaboratively to deliver on their core focus to turn data into actionable business intelligence and community-centric analytics products.
The project aims to bring together local governments, insurers and medical supplies providers to collaborate and plan proactively for optimal disaster management. The highly reliable predictive models will feed data into a shared trading platform, where stakeholders can opt to acquire supplies at the best time regarding price and preparedness.
Students work alongside Exigent’s data and business analysts to build a model that identifies the environmental, social and economic impact of wildfires in Canada and the United States. Artificial intelligence is at the core of the team’s efforts to create their predictive tool, which will absorb and structure data, find and evaluate patterns, calculate impact and feed into a bespoke analytics tool.
“We’re very excited to give our students the opportunity to learn from industry leaders how to tangibly make a difference through data. Hands-on guidance from a company that handles global organizations’ complex data across departments and turns it into bottom-line results is invaluable,” said Murat Kristal, Program Director of Schulich’s MBAN program.