System and method for predicting and scoring a data model

1. A computing system for predicting and scoring a data model comprising:

a processing unit;

a memory operatively coupled to a system bus that couples the memory to the processing unit, wherein the memory receives a plurality of data sets and stores the plurality of data sets which are directed to the processing unit for prediction and scoring of the data model, wherein the processing unit is configured for:

selecting one or more variables based on a plurality of parameters;

applying feature engineering and transformation on one or more variables to extract a plurality of features from the plurality of data sets;

building new data model based on the plurality of features;

evaluating a classification technique to select a right machine learning model based on a plurality of elements;

predicting a newly built data model based on an evaluated classification technique; and

scoring the predicted data model; and

a display model operatively coupled to the processing unit and configured to present the predicted and scored data model in one or more forms.

2. The computing system as claimed in claim 1 , wherein receiving the plurality of data set comprises receiving the plurality of data from a plurality of means, and wherein the plurality of means comprises at least one of: a web, a manual entry of data, a local data and an experimental data.

3. The computing system as claimed in claim 1 , wherein the plurality of parameters comprises a use case, a statistical influence and a previous predictive sample.

4. The computing system as claimed in claim 1 , wherein the plurality of elements comprises a data quantity, a data volume, a computational resource, a data type, a use case, a plurality of features, a plurality of model performance and a historical model.

5. The computing system as claimed in claim 1 , wherein the one or more forms comprises a chart, a graph and an insight.

6. The computing system as claimed in claim 1 , further comprising an alert module operatively coupled to the processing unit and configured to alert the system in a plurality of situations.

7. The computing system as claimed in claim 6 , wherein the plurality of situations comprises a degradation of data accuracy and a difference in the predicted model and the historical model.

8. A method for predicting and scoring a data model comprising:

receiving and storing, at a memory, a plurality of data sets;

selecting, by a processing unit, one or more variables based on a plurality of parameters;

applying, by the processing unit, feature engineering transformation on the one or more variables to extract a plurality of features from the plurality of data sets;

building, by the processing unit, new data model based on the plurality of features;

evaluating, by the processing unit, a classification technique to select a right machine learning model based on a plurality of elements;

predicting, by the processing unit, a newly built data model based on an evaluated classification technique;

scoring, by the processing unit, the predicted data model; and

presenting, a display model, the predicted and scored data model in one or more forms.

9. The method as claimed in claim 8 , wherein scoring the predicted data model in step comprising:

splitting a predicted data model into a training data model and a reference data model;

learning the training data model using a specific machine learning model;

testing an accuracy of a learnt training data model to match an accuracy of the reference data model; and

scoring the tested and matched data model.

10. The method as claimed in claim 8 , further comprising storing a predicted data model in the memory.