CHARLOTTE, N.C. — Teams are gearing up to "reinvent the wheel" during American Tire Distributors Inc.'s inaugural "Reinvent the Wheel" data hackathon.
The event, scheduled for March 29-30 at [email protected] event venue in Charlotte, will give as many as 20 teams 24 hours to solve a real business problem faced by the tire industry.
Each group, comprised of four to six people, will be tasked with developing models and solutions that draw on data science techniques. ATD will provide each team with a curated data set well known to stakeholders in the tire business, as well as a problem statement relevant to the entire replacement tire industry.
Participants then will be asked to build a machine-learning model that will increase the value of such data.
"The way it's designed, we'll see solutions that could have a very real impact for our customers and manufacturing partner," Tim Eisenmann, ATD chief analytics officer said.
"This event will give us an opportunity to develop new approaches to old problems, as well as recruit top talent to the Charlotte area."
Teams will face mini-challenges in order to gain "power-ups" that will help outsmart the competition and earn prizes. Competitors will have access to tire and data science experts throughout the competition.
Teams are to be judged on:
- Technical complexity and accuracy of algorithm;
- Collaboration as a team;
- Visualization of solution; and
- Clarity of presentation.
The top five teams will receive cash, tech gadgets, internships and full-time opportunities. ATD also plans to present a few smaller awards for categories such as Bleeding-Edge Tech, Best Visualization and Unique Thinker.
Mr. Eisenmann will serve as a judge, along with ATD President and CEO Stuart Schuette; McKinsey & Co. expert partner Alex Cosmas; and Lyft Inc. Research Science Manager Jared Bauman.