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Predictive analytics is a form of advanced analytics that examines data or content to answer the question, “What is likely to happen?” It is characterized by techniques such as regression analysis,...
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 h...
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What is the role of data and analytics in business? ; The role of data and analytics is to equip businesses, their employees and leaders to make better decisions and improve decision outcomes. This applies to all types of decisions, including macro, micro, real-time, cyclical, strategic, tactical and operational. At the same time, D&A can unearth new questions, as well as innovative solutions and opportunities that business leaders had not yet considered. Progressive organizations use data in ma...
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Improve decision making with the optimal mix of predictive and prescriptive analytics ; Establish a broad talent and skills base to deliver predictive and prescriptive analytics ; Get case studies of how leading organizations use AI to improve decision making
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Gartner Research on Voice of the Customer for Predictive Analytics Software