article thumbnail

Predictive Analytics Made Last Summer The Season Of Altcoins

Smart Data Collective

Data analytics has been the basis for the cryptocurrency market for years. In 2018, a study from the University of Bremen in Germany discussed some of the implications of big data for the altcoin industry. They found that predictive analytics algorithms were using social media data to forecast asset prices.

article thumbnail

How Machine Learning Enhances Momentum of Cryptocurrency Price Movements

Smart Data Collective

A number of new predictive analytics algorithms are making it easier to forecast price movements in the cryptocurrency market. Conversely, if predictive analytics models suggest that the value of a cryptocurrency price is likely to decrease, more investors are likely to sell off their cryptocurrency holdings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Automated Sales Forecasting with Predictive Analytics Making AI Real (Part 4)

Jedox

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Making AI Real (Part 2).

article thumbnail

What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? What is the difference between business analytics and business intelligence? This is the purview of BI.

article thumbnail

Top 10 Analytics And Business Intelligence Trends For 2020

datapine

However, businesses today want to go further and predictive analytics is another trend to be closely monitored. Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. Industries harness predictive analytics in different ways.

article thumbnail

Fleet Management and Big Data: Points to Consider

Smart Data Collective

The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. All in all, the concept of big data is all about predictive analytics. What’s even more important, predictive analytics prevents accidents on the road. So, without further ado, let’s see how it works in detail.

Big Data 143
article thumbnail

18 Examples Of Big Data Analytics In Healthcare That Can Save People

datapine

Now that we live longer, treatment models have changed and many of these changes are namely driven by data. and could provide a model for the EU to follow. 8) Predictive Analytics In Healthcare. Such use of healthcare data analytics can be linked to the use of predictive analytics as seen previously.

Big Data 364