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.

Data professionals continue to be among the most in-demand in the job market, but what they earn -- or you should be paying -- depends on industry experience, location, technical skills, and contribution to the bottom line. This week we look at how data professionals can earn top dollar, depending on job focus, certifications earned, and skill concentrations. In part one we look at the top paying data certifications.
BlogExplanatory predictive modeling in search of cause and effect is pervasive in academics, but probably less so now in the business world where prediction or forecasting accuracy dominates.
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FeatureAttendees at last week’s Strata & Hadoop World conference had a lot on their minds when it comes to data management and data analytics, but one theme that emerged repeatedly was real-time processing.
FeatureBoston Consulting Group recently identified poor quality of Big Data as that “horseshoe nail” that could lose wars.
FeatureEssentially, user and entity behavior analytics (UEBA) brings statistic profiling and anomaly detection based on machine learning to security.
FeatureAt MassMutual’s data science lab, members of a developmental program work side by side with company veterans on complex analytics projects.
Last week research firm Gartner unveiled its picks for the Magic Quadrant of Top Business Intelligence and Data Analytics firms. It has followed that ranking up with its Magic Quadrant for Advanced Analytics Platforms. Here are the top firms in the “Leaders” and “Challengers” quadrants.
FeatureIf you work in information technology, particularly with massive amounts of data, it’s hard not to see Moneyball as a business intelligence story.
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FeaturePredictive analytics stops the silent customer churn by identifying four ways to retain customers.
FeatureEvery healthcare stakeholder agrees that it’s time for clinical data to get up and running. But just because everyone’s behind an effort certainly doesn’t make it easier.
FeatureBig data and predictive analytics show great promise when it comes to cyber defense because of their ability to transform massive amounts of data into actionable intelligence.
FeatureThe demand for business intelligence answers – in real time, no less – is bringing about three distinct trends in today’s predictive analytics process.
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