The application of Computational intelligence in emerging research areas such as Granular Computing, Mechatronics, and Bioinformatics shows its usefulness often emphasized by Prof Lotfi Zadeh, the inventor of fuzzy logic and many others. This book contains recent advances in Computational Intelligence methods for modeling, optimization and prediction and covers a large number of applications. The first 10 chapters describe new Computational Intelligence theory and methods for modeling and prediction. The range of the various applications is captured with 5 chapters in image processing, 2 chapters in audio processing, 3 chapters in commerce and finance, 2 chapters in communication networks and 6 chapters containing other applications.