Tag: predictive analytics
Predictive Analytics in the world of big data with application for targeting decisions
Predictive Analytics (PA) models are an increasingly important method for predicting future events in big data applications based on past observations for which the response values are known. One of the most popular applications is targeting decisions, which is commonly used in many domains, such as marketing and banking. The leading prediction models still belong to the realm of regression. […]
Machine Learning Week Europe 2022 is live!
Machine Learning Week Europe is live in Berlin! But what even is it? Machine learning is a form of artificial intelligence, where software applications and computers learn how to improve and redesign their ability to do tasks – completely independently from their human creators. When commercially deployed, it’s called predictive analytics. Around the world, these tools are being exponentially rolled-out […]