8^th World Machine Learning and Deep Learning Congress

Predictive Analytics

Predictive Analytics is the branch of advanced analytics which offers a clear view of the present and deeper insight into the future. It uses different techniques and algorithms from statistics and data mining, to analyze current and historical data to predict the outcome of future events and interactions.

Processes included in Predictive Analytics are:

• Define Project
• Data Collection
• Data Analysis
• Statistics
• Modeling
• Deployment
• Model Monitoring

There are many applications of Predictive Analytics. Few of them are:

• Customer Relationship Management (CRM)
• Collection Analytics
• Fraud Detection
• Cross Sell
• Direct Marketing
• Risk Management
• Underwriting
• Health Care

Predictive Analytics plays a very strong role in Industry Applications like:

• Predictive Analytics Software
• Predictive Analytics Software API
• Predictive Analytics Programs
• Predictive Lead Scoring Platforms
• Predictive Pricing Solutions
• Customer Churn, Renew, Upsell, Cross Sell Software Tools