What is Predictive Analytics?

Skill Level:

Predictive Analytics uses historical data and statistical modelling techniques to make predictions about future outcomes. By analysing patterns and trends within data, businesses can gain valuable insights and make informed decisions. Predictive analytics helps organisations optimise operations, anticipate customer behaviour, and drive growth.

Other Definitions

Intelligent Virtual Assistants, also known as Chatbots or Virtual Agents, are AI-powered software applications that can engage in conversations and perform tasks on behalf…
Cognitive Computing involves creating computer systems that can imitate human cognitive abilities, such as perception, reasoning, learning, and problem-solving. By combining AI, Machine Learning,…
Knowledge Graphs are a structured representation of knowledge that captures relationships between entities. They organise information in a way that allows machines to understand…