Data workforce platform PangaeaX has introduced CompeteX, an AI-powered and gamified platform designed to further motivate and encourage data analysts and data scientists to actively participate in helping solve real business problems.
Through CompeteX, users can apply their data science and analytics skills to create dashboards, forecasting models, or machine learning pipelines to offer solutions to challenges that involve real business problems with real-world impact. For example, CompeteX enables collaborative governance, with authorities using the platform for campaigns that allow residents to contribute technological solutions to problems affecting the community.
Developed in-house by PangaeaX, CompeteX benefits both the organizations that host the competitions and the users. The organizations can expand their talent pool and introduce outside perspectives that can lead to greater innovation. According to a study by ML Contests, some competitions have more than 1,000 entrants, resulting in an extremely wide range of unique solutions. Additionally, open innovation platforms can accelerate time-to-market and contribute to innovation cycles that are two to three times faster, a report by StartUs Insights found.
On the other hand, users gain hands-on experience, bridging the gap between theory and practice. This allows data practitioners to master tools, develop coding proficiency, and enhance their data manipulation and analysis skills.
Driving participation through gamification and rewards
To encourage users to participate in challenges, CompeteX harnesses gamification by incorporating game-like elements – such as points, badges, and leaderboards – to make things competitive and fun. This engaging experience keeps participants motivated, encourages repeat participation, and drives continuous growth.
CompeteX also rewards top performers, with some challenges having a monetary reward. Other non-monetary rewards include certifications, public recognition, and recruiter visibility. These help individuals showcase their skills and advance their careers.
AI-powered evaluation
CompeteX leverages AI to deliver instant and objective evaluation of participants’ solutions, minimizing human bias and delays. It goes beyond just scanning for correct answers – it assesses logic, efficiency, and intent, giving a reliable, skill-based view of every participant or team. The AI evaluation system also allows competition organizers to more efficiently and transparently compare solutions from different participants. This deeper level of assessment encompasses not only technical accuracy, but also critical thinking, problem-solving, and decision-making capabilities. Through scenario-based questions and adaptive AI-driven challenges, it provides organizations with a more comprehensive view of a solution’s effectiveness and a participant’s skills. Furthermore, AI-based evaluation means that competitions can be scaled up easily to accommodate entries from large numbers of participants.
“In today’s interconnected world, the solutions to real business problems are no longer confined within an organization,” says Jadd Elliot Dib, CEO of PangaeaX. “CompeteX fosters innovation by allowing organizations, whether public or private, to host skills challenges that provide learning and rewards to participants who come up with viable solutions to pressing problems. By incorporating AI into CompeteX, the platform can deliver fast and unbiased scoring, allowing more efficient and transparent evaluation of participants’ solutions.”
CompeteX opens doors for anyone with data skills, from students to seasoned professionals, to compete, learn, be rewarded, and grow. It is part of PangaeaX’s ecosystem, which encompasses the entire lifecycle of data project delivery and acts as the data supercontinent, connecting organizations and individuals and meeting their data needs.
