Tag: Predictive Analytics

Managers Should Evaluate Citizen Data Scientists Differently!

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December 31, 2020

How to Evaluate Business Users in Their New Role as Citizen Data Scientist!

When a business initiates a Citizen Data Scientist movement within its ranks, it is important to recognize the other changes that will be required in order to reinforce the value of the program by reviewing and modifying team member evaluation and merit programs to reward Citizen Data Scientists for their collaboration, use of data-driven information in decisions and recommendations and work with Data Scientists, IT and others involved in the new initiative.

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Business Users CAN Use Predictive Analytics!

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December 21, 2020

Predictive Analytics is a Critical Component of an Augmented Analytics Suite!

Analytics and advanced analytics techniques can seem daunting to the average business user but they need not be. If a business wants its users to adopt and use analytics tools, an augmented analytics solution is the way to go. These solutions are easy to use and provide guidance and auto-recommendations to help users gather and analyze data using the right analytical technique.

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Data Modeling Pulls it All Together for the Business!

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July 24, 2019

Predictive Modeling Creates a Clear Picture of the Future!

What is Predictive Analytics and How Can it Help My Business?

What is predictive analytics? Put simply, predictive analytics is a method used to forecast and predict the future results and needs of an organization using historical data and a comprehensive set of data from across and outside the enterprise.

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Assisted Predictive Modeling for All Users!

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April 1, 2019

Predictive Modeling for Every Business User!

Predictive Analytics Techniques That Are Easy Enough for Business Users!

There are a myriad of predictive analytics techniques and predictive modeling algorithms and you can’t expect your business users to understand and use them. If you are taking on an advanced analytics initiative and you want to leverage data democratization to cascade data analytics and data literacy throughout the organization, you will need a data modeling solution that takes the guesswork out of the process.

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Visual Analytics Software and Predictive Analytics Made Easy!

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March 18, 2019

Predictive Analytics for Business Users!

Data Science and Predictive Analytics Made Simple!

Imagine a world where data science and predictive analytics tools are created for business users! That world exists today with the evolution of sophisticated, yet easy-to-use tools that include predictive analytics for business users, visual analytics software and tools, and self-serve data preparation.

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Assisted Predictive Modeling for Business Users!

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January 15, 2019

Assisted Predictive Modeling Improves Forecasting!

How Can I Leverage Assisted Predictive Modeling to Benefit My Business?

Some people hear the term ‘assisted predictive modeling’ and their eyes cross. They immediately presume that we are talking about something complex and certainly NOT for them. Nothing could be further from the truth. This seemingly complex term actually describes a technique that is designed to be suitable for business users with average technical skills and, with these tools, the average user can enter the age of advanced analytics and make educated, confident business decisions about forecasts and predicted results.

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Business Users and Data Scientists Get Predictive Analytics!

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December 17, 2018

Assisted Predictive Modeling with R Integration

Biz Users Get Plug n’ Play Analytics, Data Scientists Get R Integration!

When someone says ‘plug n’ play’, a lot of people think of the idea of plugging in an electrical appliance and having it run instantly. I think plug n’ play analysis should be that simple as well!

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Predictive Analytics for Every Skill and Use!

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November 26, 2018

Assisted Predictive Modeling That is Suitable for All Users!

Your Business Users Will LOVE Predictive Analytics Tools!

Predictive Analytics used to involve a crystal ball but, today, there are other options and they are more widely accepted in the business community! With the right predictive analytics tool, your business can hypothesize, test theories, discover the effects of a possible price increase, discover and address changing buying behavior and develop appropriate competitive strategies.

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What is Predictive Analytics and Can it Help You Achieve Business Objectives?

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November 19, 2018

What is Predictive Analytics and Can it Help You Achieve Business Objectives?

The process of predictive analytics has come far in the past decade. No longer is this process the sole responsibility of data scientists or IT staff. Today’s self-serve predictive analytics and forecasting tools are designed to support business users and data analysts alike.

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What is the Holt-Winters Forecasting Algorithm and How Can it be Used for Enterprise Analysis?

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August 10, 2018

This article provides a brief explanation of the Holt-Winters Forecasting model and its application in the business environment.

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