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What is Predictive Analytics and Can it Help You Achieve Business Objectives?

Smarten

The process of predictive analytics has come far in the past decade. Today’s self-serve predictive analytics and forecasting tools are designed to support business users and data analysts alike. What is Predictive Analytics? Can Predictive Analytics Help You Achieve Business Objectives?

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

Then, calculations will be run and come back to you with growth/trends/forecast, value driver, key segments correlations, anomalies, and what-if analysis. However, businesses today want to go further and predictive analytics is another trend to be closely monitored. Industries harness predictive analytics in different ways.

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New technologies like AI and machine learning are driving the digital transformationMaking AI Real (Part 1)

Jedox

New software technologies empower the office of finance and other lines of business to capture data, share knowledge, and align on common goals to optimize the budgeting and forecasting process and drive performance across the organization. Forbes 2018, 10 Predictions For AI, Big Data, And Analytics in 2018.

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Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

There are a large number of tools used in AI, including versions of search and mathematical optimization, logic, methods based on probability and economics, and many others. An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data. billion by 2025.