Predictive Analytics

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Predictive analytics applies statistical algorithms to prescribe (recommend) actions based on patterns in data that predict the behavior of customers, products, services, markets and other business outcomes.

NewsThe insurer will use Valen’s “Predict” application, part of its InsureRight platform, to give underwriters increased visibility into risks and set consistent prices on different businesses New Mexico Mutual takes on.
NewsSeventy percent of the companies surveyed do not use robotic or automated technology, and about two thirds (65%) do not use data analytics other than for traditional cost and schedule analytics.
BlogI call for marketers to marketers to assess their engagement readiness with rigor against a specific set of criteria – and to balance predictive marketing analytics with engagement strategies that tip the scale.
IT budgets are expected to be flat for 2017, but organizations will find money to increase IT salaries. According to the new IT salary study by Robert Half Technology, the "2017 Salary Guide for Technology Professionals," these are expected to be the top paying IT jobs in 2017.
With the proper analytical foundation, organizations now have the information needed to improve efficiencies, reduce costs and drive key enterprise changes. Perhaps benefitting the most from big data is IT. Here are five practical uses for predictive analytics.
Launching an effective digital analytics strategy is a must-do to understand your customers. But many organizations are still trying to figure out how to get business values from expensive analytics programs. Here are 5 common analytics mistakes that can kill any predictive analytics effort.
NewsCalled Sentinel, the system from Newark-based collaboration and communications vendor Uniphy Health tracks more than 70 clinical features in real-time.
NewsNearly 80 percent of hospital executives believe healthcare can be improved through predictive analytics, a population health management tool that can help providers manage costly challenges.
NewsAmFed will use the software to provide its underwriters with better visibility into risk selection and pricing.
FeatureInstead of holding forth on policy issues or the welfare of nations, many are working with companies to create the kind of ideal markets that were previously confined to the pages of their academic papers.
FeatureA machine intelligence system, dubbed Emma AI, is starting a fund that hopes to outsmart the humans and computers that make a living trading stocks.
FeatureOn a macro level, businesses that employ journey analytics and embrace a customer obsessed mentality see increased revenue, customer retention and customer loyalty.
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