Understanding and Applying Predictive Analytics

Executive Summary This article proposes looking at Predictive Analytics from a conceptual standpoint before jumping into the technical execution considerations. For the implementation aspect, organizations need to assess the following keeping in mind the contextual variances: Strategies Tactics Operations Top Down Bottom-Up Hybrid Organizational Maturity Change Management Training Practical Implications Pros and Cons of TechnologyContinue reading “Understanding and Applying Predictive Analytics”

5 Questions to Ask About Predictive Analytics

Predictive Analytics is a branch of data mining that uses a variety of statistical and analytical techniques to develop models that help predict future events and/or behaviors. It helps find patterns in recruitment, hiring, sales, customer attrition, optimization, business models, crime prevention and supply chain management to name a few. As we move to self-learningContinue reading “5 Questions to Ask About Predictive Analytics”