What Can Predictive Analytics Do for Your Business
Predictive analytics can help your business dig deep into your past data and combine it with current trends in predicting future results allowing your business to adapt changes and stay competitive. Nowadays, more business across all sectors are utilizing the value of predictive analytics which isn't new but to use data to forecast future outcomes in all parts of their business. We'll go through how predictive analytics fits into the advanced analytics and how to apply it in your own business, as well as how to correctly build up a predictive analytics solution Predictive Analytics In simple words, predictive analytics is a type of data analytics solutions that uses machine learning to predict what will happen based on past data. How Predictive Analytics is different from other types of Analytics To get a better understanding how predictive analytics works for your business, first you need to understand that how other types of analytics work. Descriptive Analytics : By analyz...