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.

FeatureAbout one-third of U.S. gross domestic product, or $6 trillion, is generated by industries vulnerable to changes in the weather, according to John Dutton, president of Prescient Weather Ltd.
FeatureMarketing Analytics tools and techniques provide the keys to truly optimizing the ROI of your Omni-Channel program.
NewsAttune will leverage AIG’s data and distribution network, Two Sigma’s analytics capabilities and Hamilton’s small business knowledge to enhance the insurance underwriting process for the $80 billion market.
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.
BlogIt's not a leap to suspect that organizations may be collecting data without then deploying it in ways that support deeper customer engagement.
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.
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