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

Expert Systems are AI systems that emulate human expertise in specific domains. By capturing and codifying human knowledge, Expert Systems assist businesses in decision-making,…
Neural Networks are a type of Machine Learning model inspired by the human brain. They are composed of interconnected nodes, or “neurons,” that process…
Autonomous agents are AI systems that can perform actions and make decisions independently, guided by predefined goals or learning processes. Businesses leverage autonomous agents…
Modular Neural Networks are AI models composed of smaller interconnected modules, each responsible for a specific sub-task or component. These modular architectures allow for…