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What is Predictive Analytics?

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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

Synthetic Data

Synthetic Data is artificially generated data that mimics real-world data. Synthetic data can be used to train Machine Learning models when real data is…

Transfer Learning

Transfer Learning is a technique that allows AI models to apply knowledge gained from one task to another related task. By leveraging pre-trained models…

Support Vector Machines

Support Vector Machines (SVMs) are Machine Learning algorithms used for classification and regression tasks. SVMs create decision boundaries and maximise the margin between different…

Fuzzy Logic

Fuzzy Logic is a mathematical framework that deals with uncertainty and imprecision. By assigning degrees of truth to statements, Fuzzy Logic allows businesses to…
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