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The Benefits, Challenges and Risks of Predictive Analytics for Your Application

Jet Global

In this modern, turbulent market, predictive analytics has become a key feature for analytics software customers. Predictive analytics refers to the use of historical data, machine learning, and artificial intelligence to predict what will happen in the future.

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How to Handle Missing Data Values While Data Cleaning

Jet Global

In fact, most project teams spend 60 to 80 percent of total project time cleaning their data—and this goes for both BI and predictive analytics. The column to predict here is the Salary, using other columns in the dataset. One of the major challenges in most business intelligence (BI) projects is data quality (or lack thereof).

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What Is Embedded Analytics?

Jet Global

Leading research and consultancy company, Gartner describes the path that businesses take as they move to higher levels: Descriptive Analytics: Describe what happened (e.g., Diagnostic Analytics: No longer just describing. Predictive Analytics: If x, then y (e.g., Interest in predictive analytics continues to grow.