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What (who) is predictive analytics - definition
Predictive analytics
A VARIETY OF STATISTICAL TECHNIQUES FROM DATA MINING, PREDICTIVE MODELLING, AND MACHINE LEARNING, THAT ANALYZE CURRENT AND HISTORICAL FACTS TO MAKE PREDICTIONS ABOUT FUTURE OR OTHERWISE UNKNOWN EVENTS
Predictive Analysis; Predictive classification; Predictive Analytics Software; Business Intelligence software; Predictive Analytics; Predictive Intelligence; Applications of predictive analytics
Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events.
Business intelligence software
A VARIETY OF STATISTICAL TECHNIQUES FROM DATA MINING, PREDICTIVE MODELLING, AND MACHINE LEARNING, THAT ANALYZE CURRENT AND HISTORICAL FACTS TO MAKE PREDICTIONS ABOUT FUTURE OR OTHERWISE UNKNOWN EVENTS
Predictive Analysis; Predictive classification; Predictive Analytics Software; Business Intelligence software; Predictive Analytics; Predictive Intelligence; Applications of predictive analytics
Business intelligence software is a type of application software designed to retrieve, analyze, transform and report data for business intelligence. The applications generally read data that has been previously stored, often - though not necessarily - in a data warehouse or data mart.
Data Science and Predictive Analytics
The textbook Data Science and Predictive Analytics: Biomedical and Health Applications using R, authored by Ivo D. Dinov, was published in August 2018 by Springer.
Examples of use of predictive analytics
1. Apply predictive analytics software to anticipate fraud.
2. Reuters Chicago÷ Marketers are at risk of soon losing more than $1 billion (Dh3.67 billion) annually through internet "click fraud", according to SPSS, a worldwide leader in predictive analytics software.