It used to be that the basic data was enough to make successful decisions in an organization. A CEO might look at common indicators such as return on sales, debt to income ratio and return on investment and be able to make the best decisions at the time. In recent decades, companies have collected large [...]

1 Defining project objectives and success criteria. Before any data collection or model, it is important to start with the basics. First, define the goal of predictive modeling project, whether it is customer acquisition, improve retention increase or improve customer satisfaction. 2 Identify resources needed for success. This phase includes the design and review to [...]

In the famous Hollywood film Minority Report has prevented law enforcement authorities of all murders in Washington. With the premonitions of Pre-Cogs – three people with mental Chief John Anderton (Tom Cruise) introduced a position to foresee crimes and arrest the offender is served from harm As demanding customers and competitive. increasing pressure as never [...]

The quake that hit global financial markets last year, leaving buyers and retailers bracing for a cold and dull Christmas. As expected, reported post-holiday consumer holiday sales well below expectations due to record low spending. Some dealers are knowledge process outsourcing turning to support the sales growth. The only winners in the face of economic [...]

Definition Predictive Analytics is a field of statistical analysis that deals with extracting information from data and use to predict future trends and patterns. The core of predictive analytics based on the inclusion relations between explanatory variables and the predicted variables from past events, and use it for future results to predict. Types In general, [...]

San Francisco, CA (openPR) 25 January 2007 Training Seminar: Predictive Analytics 15th to 16 February 2007 and May 10-11, 2007 (The May Seminar is for San Francisco Emetrics Summit and right around the block) San Francisco, California data is your most valuable asset. It represents the entire history of the organization and their interactions with [...]

Predictive Analytics World Conference in London Announces Speaker Line-Up Predictive Analytics World, London (openPR) 3 September 2010 Predictive Analytics World focuses on concrete examples on the use of Predictive Analytics. Listen closely to the horse’s mouth, such as Fortune 500 analytics competitors use and other top practitioners forecast models, and what kind of impact on [...]