Predictive analytics

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  • Prescriptive analytics: Conquer the next business frontier

    Is an optimized future within our grasp? With prescriptive analytics, it just might be. Businesses have long used data analytics to find out what happened and why. Today, some companies are using prescriptive analytics tools to identify what might ha... 

  • Operational analytics: Delivering insights on the fly

    As organizations recognize the benefits of providing their employees with access to real-time data, operational analytics is gaining acceptance in the marketplace. This report examines the market trends for implementing operational analytics. Based o... 

  • Predictive analytics in action: Real-world examples and advice

    Predictive analytics tools can help businesses look ahead to the future, for improved decision-making and competitive advantage over rivals.  However, if your organization is looking to deploy this kind of advanced-level analytics, you will need to m... 

  • What predictive analytics pros don't do

    Issues come from ineffective or nonexistent business intelligence (BI) and data management processes. Read this e-zine to discover the issues, as well as practices many are neglecting. Topics include five overlooked practices of predictive analytics,... 

  • How the power of predictive analytics software impacts the bottom line

    In this e-book, find an in-depth explanation of what predictive analytics is today and and learn about how successful organizations use predictive analytics software to directly impact the bottom line. 

  • Predictive analytics software: The next big thing in BI?

    In this e-book, learn about predictive analytics software and why it’s getting increased attention from prospective users. Read about real-world predictive analytics projects and get expert advice on organizing a predictive analytics program and on d... 

  • Cut big data down to size

    Big data value comes from interactive discovery not possible with standard business intelligence implementations, says HCL EAS 

  • R programming language

    The R programming language is an open source scripting language for predictive analytics and data visualization. 

  • uplift modeling

    Uplift modeling is a type of data analytics that uses predictive modeling to identify individuals who can be positively influenced by a specific outreach effort. 

  • advanced analytics

    Advanced analytics refers to future-oriented analyses that can be used to help drive changes and improvements in business practices. 

  • mathematical induction

    Mathematical induction is a a specialized form of deductive reasoning used to prove a fact about all the elements in an infinite set by performing a finite number of steps.  

  • inductive reasoning

    Inductive reasoning is a logical process in which multiple premises, all believed true or found true most of the time, are combined to obtain a specific conclusion. Inductive reasoning is often used in applications that involve prediction, forecasti... 

  • polynomial interpolation

    Polynomial interpolation is a method of estimating values between known data points. When graphical data contains a gap, but data is available on either side of the gap or at a few specific points within the gap, an estimate of values within the gap ... 

  • correlation coefficient

    A correlation coefficient is a statistical measure of the degree to which changes to the value of one variable predict change to the value of another. In positively correlated variables, the value increases or decreases in tandem. In negatively corre... 

  • negative correlation

    A negative correlation is a relationship between two variables such that as the value of one variable increases, the other decreases.  Correlation is expressed on a range from +1 to -1, known as the correlation coefficent. Values below zero express n... 

  • positive correlation

    A positive correlation is a relationship between two variables such that their values increase or decrease together. Correlations are ranked on a scale from +1 to -1. In a perfect positive correlation, ranked as +1, an increase or decrease in one var... 

  • causation

    Causation, or causality, is the capacity of one variable to influence another. The first variable may bring the second into existence or may cause the incidence of the second variable to fluctuate. 

  • See more Definitions on Predictive analytics
About Predictive analytics

Make sense of the complex predictive analytics and advanced analytics markets with exclusive articles, resources and research studies. Find out how to evaluate and deploy predictive analytics and data analytics software, tools and applications, read recent analytics case studies and learn more about related disciplines such as business intelligence, text mining, data mining, mobile analytics, sales force analysis and retail analytics.