Predictive Analytics Functions & Features

Analytics may be divided into two groups--core analytics and predictive analytics. Predictive analytics is the branch of data mining concerned with the prediction of future probabilities and trends. The central element of predictive analytics is the predictor, a variable that can be measured for an individual or other entity to predict future behavior.. Predictive Analytics Functions & Features are an important module of the comprehensive BI RFP Template.

The BI RFP template with Predictive Analytics Functions & Features for BI is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1955 decision criteria. The BI RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to BI software vendors. It ensures for:

complete response from each BI software vendor
deep and accurate evaluation of submitted BI proposals
impartial side-by-side comparison of BI solutions evaluated
rational and documented selection of the best matching BI system

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The Predictive Analytics Functions & Features comprise the following elements:

Forecasting
Forecasting analyze and predict outcomes based on historical patterns. Companies attempt to forecast future outcomes resulting from particular strategies. Forecasting, Predictive Analytics Functions & Features
Industry Vertical Predictive Analytics
Industry vertical predictive analytics coversspecialized predictive analytics models built for different type of industries; such as web predictive analytics, call center predictive analytics, CRM predictive analytics, etc. Industry Vertical Predictive Analytics, Predictive Analytics Functions & Features
Predictive Data Analytics
Predictive data analytics is the branch of data mining concerned with the prediction of future probabilities and trends. Predictive Data Analytics, Predictive Analytics Functions & Features
Predictive Modeling Techniques
Predictive modeling is a process used in predictive analytics to create a statistical model of future behavior. Predictive analytics is the area of data mining concerned with forecasting probabilities and trends. Predictive Modeling Techniques, Predictive Analytics Functions & Features

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Predictive Analytics Functions & Features

Forecasting

Industry Vertical Predictive Analytics

Predictive Data Analytics

Predictive Modeling Techniques