The importance placed by organizations on advanced and predictive analytics has slightly declined over the past two years, according to a new study from Dresden Advisory Services. Despite that, APA still remains an important topic to the majority of firms.

Participants in the “Advanced and Predictive Analytics Market Study” expressed interest in a broad range of feature requirements, with “regression models, textbook statistic functions and clustering seen as the most important user features/functions,” the study says. “The greatest early adopters of advanced and predictive analytics within the organization are BI experts, business analysts and statisticians and data scientists.”

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