Remove Events Remove Measurement Remove Prescriptive Analytics Remove Risk
article thumbnail

Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

Remember when you began your career and the prospect of retirement was an event in the distant future? Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? Will this next trade return a profit?

article thumbnail

10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Prescriptive Analytics provides precise recommendations to respond to the query, “What should I do if ‘x’ occurs?”

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

Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

Amazon Kinesis ingests streaming events in real time from point-of-sales systems, clickstream data from mobile apps and websites, and social media data. You could also consider using Amazon Managed Streaming for Apache Kafka (Amazon MSK) for streaming events in real time. You need to process this to make it ready for analysis.

article thumbnail

Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Trying to dissect a model to divine an interpretation of its results is a good way to throw away much of the crucial information – especially about non-automated inputs and decisions going into our workflows – that will be required to mitigate existential risk. Measure how these decisions vary across your population. Upcoming events.

article thumbnail

Top 10 Analytics And Business Intelligence Trends For 2020

datapine

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. 4) Predictive And Prescriptive Analytics Tools.

article thumbnail

What Is Data Intelligence?

Alation

Privacy, Risk and Compliance. AI and ML are used in concert to predict possible events and model outcomes. Augmented Analytics. DI empowers analysts to apply augmented analytics to applications, supporting predictive and prescriptive analytics use cases. Cloud Transformation. Cloud Data Migration.

article thumbnail

What Is Embedded Analytics?

Jet Global

Decrease costs by improving inventory management of goods, monitoring processes to increase resource utilization, or simply making it faster and easier for users to access the analytics they need. Manage compliance through up-to-the-minute performance measures, workflow automation, and essential regulatory reports.