Future Proof? – Predictive Analytics in Action
Automation of most business processes is now the norm across major industries. Mountains of data are being created and collected for further analysis daily, uncovering hidden trends, correlations and opportunities. Users are discovering new horizons of data analytics, and one of the most exciting applications is predictive analytics. The benefits are of course quite obvious: Any company, organization or individual can now make complex decisions based on reliable predictions, for a minute from now or years down the road. Being able to foresee coming trends and events, to either capitalize on or avoid, can save you money, earn you money and give you a sizable competitive advantage. And the business world has taken notice: A 2018 Zion Market Research report indicates that the global predictive…