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Using data analytics to make your tournament bracket selections

March 11, 2022 by Brian Hall

TIBCO Spotfire

Shocking upsets, heartbreaking losses, miracle wins. Every year, the NCAA basketball tournament delivers a cascade of surprises, anguish, and joy that captivates both hard-core basketball fans and novices alike. And every year, millions of us eagerly fill out our tournament bracket, certain we have divined a pathway to victory.

But we have a leg up on the competition: TIBCO Software.

The Metrics of Data Madness

The odds of choosing a perfect bracket are 1 in 9,200,000,000,000,000,000. Yes, that’s one in 9.2 quintillions. Such improbable odds mean even those who follow basketball closely are effectively no better at selecting a perfect bracket from those who have never watched a single game.

Thanks to TIBCO, your odds have just improved. Here’s how:

  1. Register for this FREE webinar on Monday, March 14th
  2. Download a complimentary trial of TIBCO Spotfire®  

You’re ready to go! On the webinar, TIBCO analysts will dish out bracket-winning tips to help you dunk on the competition.

How Data Science Delivers Better Brackets

The TIBCO team leverages multiple publicly available data sets, including historical data from past tournaments and individual team performances. They use TIBCO® Data Science and TIBCO Spotfire® to identify data patterns and perform data exploration of the historical data. Next, they create an algorithm to make their NCAA tournament predictions. This algorithm is tested against the historical data to see if it accurately predicts winners and losers.  

Last year’s NCAA tournament culminated with a surprise victor, the Baylor Bears. Yet, TIBCO’s data science team still ended in the 75th percentile with its forecasted bracket. TIBCO also predicted two of the four final four teams, and for three years in a row. TIBCO has correctly predicted at least one of the teams in the national championship game. In the two previous NCAA tournaments, TIBCO customers ranked in the 99th percentile with their brackets!

Ready to win your office pool? Register to attend the Metrics of Data Madness webinar and download your free trial of TIBCO Spotfire today! 

Categories: Visual Data Science Tags: Predictive analytics

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