Predictive Analytics

Innovations in Predictive Analytics: ML and Generative AI

With the introduction of ChatGPT-3 and DALL-E2, the majority of investors started showing interest in businesses building generative AI. Moreover, the fact is generative AI is not enough to reach the needs of the AI revolution. The success of predictive models is relevant to the science fiction future that the majority of the customers want… Continue reading Innovations in Predictive Analytics: ML and Generative AI

Analyzing Dynamic Consumer Behavior? ML-based Predictive Analytics Gives Retailers An Edge

ML-based Predictive Analytics Gives Retailers An Edge With copious amounts of data coming in daily in retail, it has become clear that in order to maximize its analytical value and to tackle the complex dynamic consumer behavior, traditional predictive analytical techniques and tools are coming up short. But machine learning (ML), a subset of artificial… Continue reading Analyzing Dynamic Consumer Behavior? ML-based Predictive Analytics Gives Retailers An Edge

A Comprehensive Guide To Predictive Analytics

The goal of predictive analytics is to determine the future using several techniques and tools. These days, it uses machine learning techniques as well as data and algorithms to provide the best scientific evaluation of what the future will bring. Even though predictive analytics has been around for years, it's only now that more organizations are turning to it. That's because in order to handle the large amount of data, today we have faster computers, cheaper technology, and easy-to-use software, all of which make predictive analytics deployment easier. Enterprises are slowly turning to predictive analytics to discover new opportunities.

Using Predictive Analytics To Drive Your Marketing – A Slideshow

Why are Granular Customer Data Important for Banks

Without a doubt, data analytics is altering the traditional banking system. In fact, it would not be an exaggeration to say the time has come to re-assess the concept of a bank, as we know it. But that is not the subject of this post. Instead, we are going to look at data analytics in… Continue reading Why are Granular Customer Data Important for Banks

Fashion, Weather and Predictive Analytics

Wondering how the words, fashion, weather, and predictive analytics are connected (fashion weather and predictive analytics)? Here’s a poser – what is one of the biggest challenges before the global fashion industry today? Weather. You wouldn’t have guessed it, right? Pick up any fashion magazine, read any fashion portal, white paper…. you name it, unpredictable… Continue reading Fashion, Weather and Predictive Analytics

Predictive Analytics in Sports – A Growing Business

Predictive Analytics in Sports – A Growing Business Super Bowl time in the United States is a good enough reason to take a re-look at the technological improvements in the world of sports, especially at the business end. Like any other discipline, or profession, or business, sports, too, spews out big data, necessitating the deployment… Continue reading Predictive Analytics in Sports – A Growing Business

How Cognitive Computing Can Transform Your Business?

Cognitive computing today is like the embryonic chick beginning to peck its way out of the egg. – Hadley Reynolds, Principal Analyst, NextEra Research: May 2016. It’s been around for 50 years, going from the drawing board to the lab to field tests, but it’s only now that cognitive computing is on the cusp of going… Continue reading How Cognitive Computing Can Transform Your Business?

Top 5 Uses of Predictive Analytics for Supermarkets and Retail Grocers