Predictive analytics, with its all-inclusive scope, has become the key factor that drives the decision-making process for organizations of all kinds. Organizations turning to predictive analytics are able to maintain a competitive stronghold by leveraging progressive data-based insights into future markets and customer trends. Unlike in the past, using and adopting predictive analytics has now become easier and more relevant, opening the doors of its benefits to a wider audience.
Visual representations for interpreting predictive analytical workflows are proving to be of great assistance to companies that are into research, prototyping, and application development. Several other industries including finance and healthcare are benefitting extensively from the results of predictive analytics. While mapping of future actions, introducing attractive offers and managing risks are helping financial services organizations to thrive, healthcare-based predictive models are improving the diagnosis of major diseases along with boosting the effectiveness of preventive treatment plans.
Furthermore, the technological advances in predictive analytics space revolve around cloud-based prediction tools and self-building predictive models, among others. The analytical inferences of cloud-based tools enable organizations to alter their applications or add enhancing features like spam detection and customer sentiment analysis. Self-building models rely on only those predictors that create a significant impact on the customer behavior, thus making rapid and effective predictions.
To help companies stay on top of the developments in analytics, CIO Applications has come up with an edition on Predictive Analytics. Our distinguished selection panel, comprising CEOs, CIOs, VCs, industry analysts and the editorial board of CIO Applications, has shortlisted some of the most valuable predictive analytics solutions for businesses to stay ahead of their competitors.
We present to you CIO Applications’ “Top 10 Predictive Analytics Solution Providers - 2018.”