Predictive Analytics: A Game Changer in Customer Intelligence
Most organizations make decisions based on their years of experience. Unfortunately, if it's based on what one already knows may not be on target. What if one could make strategic decisions based on insight into the future? Predictive analytics provides that kind of intelligence, allowing business leaders to make smarter decisions and improve the bottom line. While traditional business intelligence tools provide insight, predictive analytics go beyond that, providing forward-looking predictions into business processes. It uses techniques from statistics, quantitative methods and data patterns to glean insights from data that lead to better business performance.