Six Steps to Governing Analytics

摘要

Predictive Analytics Takes The Information Made Availablernthrough descriptive analytics (historical facing) and combines it with more sophisticated statistical modeling, forecasting and optimization techniques to derive insights which help to anticipate the impact on business outcomes.rnWhere are organizations when it comes to leveraging predictive analysis? While some organizations may analyze data to predict what might happen in the future in terms of competitor activities, market trends, product/service development, risk management, financial/economic trends andrnskill requirements, many organizations are only using predictive analytics to a minor extent, if at all. Companies need to move from descriptive analytics (the "what?") to predictive analytics (the "now what?"), from "what happened?" to "what's the best that can happen?".