To discuss about Predictive Analytics, we have Adam Bataran, Managing Director of GTM Global Salesforce Platforms at Bluewolf with us.
Follow the answers Mr. Bataran pitches to understand the entire concept better.
The question: What does predictive analytics mean and what value it imparts to the businesses today?
The answer: Predictive Analytics functions by implementing data, machine learning techniques and statistical algorithms to predict the future business outcomes and trends, based on past data and figures. It involves a number of distinct but advanced analytics disciplines and technologies – from deep data mining techniques and statistical analysis to predictive modeling and machine learning answers the most sought after question, “what will happen next?” or “how the customers will react to this?”.