Word of the Day: Tech Definitions from WhatIs.com

Jan 16 2017   9:44PM GMT

predictive analytics

Margaret Rouse Margaret Rouse Profile: Margaret Rouse

Tags:
Deep learning
Predictive Analytics
predictive modeling

Predictive analytics is a form of advanced analytics that uses both new and historical data to forecast future activity, behavior and trends. Continued…

Quote of the Day

“The 2016 U.S. presidential election shined a light on the imperfections of predictive models, and their failure to predict its outcome will have an impact on enterprises in 2017.” – Dan Magestro

Learning Center
International Institute for Analytics’ five analytics predictions
The International Institute for Analytics offers up five analytics predictions for 2017.

Predictive analytics in healthcare helps manage high-risk patients
Advanced Plan for Health uses predictive analytics in healthcare to help keep populations healthy as well as help organizations reduce costs.

The trouble with predictive analytics tools
Predictive analytics tools are hailed as the way to increase sales and reduce operational costs. But first, you need to understand what the data indicates.

Don’t let a data-driven approach ax judgment from analytics equation
A data-driven approach to analytics isn’t foolproof. Data scientists and business users have a role to play in assessing the results of analytical models.

Events of 2016 put strain on predictive analytics algorithms
As the world becomes a less predictable place, businesses need to rethink how they implement predictive analytics algorithms in their operations.

Trending Terms
deep learning
prescriptive analytics
predictive personalization
descriptive analytics
predictive modeling
decision tree

Writing for Business
Neither of the content analytics applications _____ backwards compatible.
A. is
B. are
Answer

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