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Posts Tagged ‘predictive analytics’
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May 15, 2017

Top 24 Predictive Analytics Free Software

Top 24 Predictive Analytics Freeware Software : Review of 24 + free predictive analytics software includingR Software Environment, Dataiku, Orange Data mining, RapidMiner, Anaconda, KNIME, DMWay, HP Haven Predictive Analytics, GraphLab Create, Lavastorm Analytics Engine, Actian Vector Express, Scikit-learn, Microsoft R, H2O.ai, Weka Data Mining, Apache Spark, Octave, Tanagra, PredictionIO, Apache Mahout, LIBLINEAR, Vowpal Wabbit, NumPy, and SciPy are the Top Free Predictive Analytics Software
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May 6, 2017

What is Predictive Analytics ?

What is Predictive Analytics? Predictive analytics is the branch of the advanced analytics which is used to make predictions about unknown future events. Predictive analytics uses many techniques from data mining, statistics, modeling, machine learning, and artificial intelligence to analyze current data to make predictions about future. It uses a number of data mining, predictive modeling and analytical techniques to bring together the management, information technology, and modeling business process to make predictions about future. The patterns found in historical and transactional data can be used to identify risks and opportunities for future. [...]

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May 4, 2017

Top 26 Customer Churn, Renew, Upsell, Cross Sell Software Tools

Customer Churn, Renew, Upsell, Cross Sell Software Tools : One of the application of Predictive Analytics is to identify which of the customers are going to churn, renew, upsell, and cross sell. Predictive Analytics helps in detecting the customers who are about to abandon, the real value of the potential loss and helps in delivering a retention plans in order to reduce or avoid their churn. Predictive Analytics helps in customer upsell opportunity by identifying which customers are likely to buy premium priced products. In upsell opportunity customer buys more expensive versions of existing products. Predictive Analytics helps in customer cross sell [...]

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