Predictive Analytics: Getting Actual Value from Machine Learning
75% of AI and ML projects fail
At Pecan, we believe Predictive analytics uses data, statistics, and machine learning techniques to build mathematical models that can generate predictions about things likely to happen in the future…. is one of the most effective ways for companies to get real business value from machine learning. Accurately predicting the immediate future of customer churn, or forecasting demand is the ultimate evolution of an Analytics is a business practice that uses descriptive and visualization techniques to gain insight into data; those insights can then be used to guide business… team. When it works, it’s close to magic.
But despite its potential, even the most data-savvy companies can’t agree on team structure, outsourcing, open source libraries and even what to predict for.
In this webinar, we shared the essential components of predictive analytics to get value in the shortest time possible.