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According to the 2014 Global Pricing Study conducted by the Professional Pricing Society and Simon-Kucher & Partners, 72% of all new products miss their profit targets. In an environment where superseding technology is just around the corner, high-tech manufacturers know all too well the pain of fast-eroding prices and discounted-away margins.
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For more information of predictive analytics process, please review the overview of each components in the predictive analytics process: data collection (data mining), data analysis, statistical analysis, predictive modeling and predictive model deployment.
Top predictive analytics software and Top predictive analytics open source software.
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