article thumbnail

What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

article thumbnail

12 most popular AI use cases in the enterprise today

CIO Business Intelligence

Rolls-Royce has also found use for AI in predictive maintenance to improve the efficiency of jet engines and reduce the amount of carbon their planes produce, while also streamlining maintenance schedules through predictive analytics. Artificial Intelligence, Chatbots, IT Strategy, Predictive Analytics

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

AI in marketing: How to leverage this powerful new technology for your next campaign

IBM Big Data Hub

AI marketing is the process of using AI capabilities like data collection, data-driven analysis, natural language processing (NLP) and machine learning (ML) to deliver customer insights and automate critical marketing decisions. What is AI marketing?

article thumbnail

Conversational AI use cases for enterprises

IBM Big Data Hub

Machine learning (ML) and deep learning (DL) form the foundation of conversational AI development. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

Clean up with predictive maintenance AI can be used for predictive maintenance by analyzing data directly from machinery to identify problems and flag required maintenance. Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies.

article thumbnail

AI adoption in the enterprise 2020

O'Reilly on Data

Supervised learning is the most popular ML technique among mature AI adopters, while deep learning is the most popular technique among organizations that are still evaluating AI. Supervised learning is dominant, deep learning continues to rise. AI tools organizations are using.

article thumbnail

Data Science, Past & Future

Domino Data Lab

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” We’ve got this complex landscape, tons of data sharing, an economy of data, external data, tons of mobile devices.