Predicitive Analytics

The enhancement of predictive web analytics calculates statistical probabilities of future events online.

Predicitive analytics. Predictive analytics is the use of advanced analytic techniques that leverage historical data to uncover real time insights and to predict future events. The term predictive analytics describes the application of a statistical or machine learning technique to create a quantitative prediction about. We are a pan african first and only comprehensive one stop platform and center of excellence for data science based in nairobi kenya and johannesburg south africa from where we serve clients across the east and south african region our mission is to empower the next generation of business leaders and innovators in data science. Predictive analytics is a form of advanced analytics that uses both new and historical data to forecast future activity behavior and trends.

It involves applying statistical analysis techniques analytical queries and automated machine learning algorithms to data sets to create predictive models that place a numerical value or score on the. The use of predictive analytics is a key milestone on your analytics journey a point of confluence where classical statistical analysis meets the new world of artificial intelligence ai. This process uses data along with analysis statistics and machine learning techniques to create a predictive model for forecasting future events. Sap analytics cloud combines bi planning predictive and augmented analytics capabilities into one simple cloud environment.

Predictive analytics is the use of data statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. Predictive analytics statistical techniques include data modeling machine learning ai deep learning algorithms and data mining. About predictive analytics lab. Predictive analytics uses many techniques from data mining statistics modeling machine learning and artificial intelligence to analyze current data to make predictions about future.

Predictive analytics is the branch of the advanced analytics which is used to make predictions about unknown future events. The goal is to go beyond knowing what has happened to providing a best assessment of what will happen in the future. Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as. Predictive analytics is an area of statistics that deals with extracting information from data and using it to predict trends and behavior patterns.