Predictive Analytics

Definition of Predictive Analytics as it relates to Technology, Artificial Intelligence, Technology Data Science

Predictive Analytics involves using historical data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on patterns found in the data. It leverages Artificial Intelligence and Data Science principles to go beyond understanding what has happened, enabling organizations to anticipate what will happen in the future. Predictive analytics can be applied to a wide range of domains such as marketing, risk management, fraud detection, and operations management among others. In this hierarchy, it represents the practical application of data science and AI techniques to make informed predictions about business outcomes under the broader umbrella of Technology Data Science.

Child Hierarchical Categories

[Machine Learning]

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