What is Predictive Analytics - Definition by Insider

Predictive analytics uses historical data, statistical algorithms, and machine learning techniques to predict the likelihood of future outcomes.

Predictive Analytics: Definition, Model Types, and Uses

Predictive analytics is the use of statistics and modeling techniques to determine future performance based on current and historical data.

Predictive analytics

Definition Predictive analytics involves using statistical techniques and machine learning... The core of predictive analytics relies on capturing relationships between explanatory...

Definition of Predictive Analytics - IT Glossary

accuracy of the predictions, and a focus on how easy the analysis is to understand. In other words, predictive analytics has to quickly and easily predict realistic future outcomes based...

Definition of Predictive Analytics - Gartner Information Technology Glossary

Predictive analytics describes any approach to data mining with four attributes: ; 1. An emphasis on prediction (rather than description, classification or clustering) ; 2. Rapid analysis measured in hours or days (rather than the stereotypical months of traditional data mining)

What is Predictive Analytics? An Enterprise Guide

Predictive analytics is a form of advanced analytics that uses current and historical data to forecast activity, behavior and trends. It involves applying statistical analysis techniques, data queries and machine learning algorithms to data sets to create predictive models that place a numerical value -- or score -- on the likelihood of a particular action or event happening. Predictive analytics is a key discipline in the field of data analytics, an umbrella term for the use of quantitative met...

Predictive analytics guide: Everything you need to know

Predictive marketing analyticsis a must-have for your campaigns. In this guide, we cover predictive analytical models, predictive analytics examples, & benefits of predictive analytics.

What Is Predictive Analytics? | Definition, Importance, Examples

Reducing employee and customer churn ; Identifying customers who are most likely to default on payments ; Supporting data-based sales forecasting

What is predictive analytics?

Learn the definition of predictive analytics within the context of mobile marketing, and how these future-telling marketing analytics are used for stellar optimization.

What Is Predictive Analytics? Definition, Techniques, Advantages

Predictive analytics is the process of using mathematical or computational models to predict future trends or events. Read on to learn more.