predictive analytics

Using Predictive Analytics and Artificial Intelligence to Improve Customer Loyalty

As users/customers engage with a company (their products, services, surveys), they generate a lot of data about their behaviors and interactions with the brand. Predictive analytics and artificial intelligence capabilities provide a way to extract insights from that data to help you improve the customer experience and optimize customer loyalty. Artificial Intelligence and Predictive Analytics [...]

Top 4 Machine Learning Use Cases for Healthcare Providers

Machine learning is generating a lot of excitement amongst healthcare providers, but what are some of the top use cases for these advanced analytics tools? Here are some of the top initiatives and most intriguing research projects that are currently harnessing these tools. Imaging analytics and pathology Improving imaging analytics and pathology with machine learning [...]

Data Mining vs. Predictive Analytics – Are They the Same?

Predictive analytics is currently one of the most important Big Data trends. But both predictive analytics and data mining attempt to make predictions about possible events in the future with the help of data models. What are the differences between them? “Data mining is an interdisciplinary subfield of computer science. It is the computational process [...]

Differences between Data Mining and Predictive Analytics

Data mining is an integrated application in the Data Warehouse and describes a systematic process for pattern recognition in large data sets to identify conclusions and relationships. Using statistical methods, or genetic algorithms, data files can be automatically searched for statistical anomalies, patterns or rules. Wikipedia defines as “Data mining is an interdisciplinary subfield of [...]

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Top reasons predictive analytics are worth it

If you are trying to sell your leadership on switching to predictive analytics, here’s a list of the top reasons that make predictive analytics worth the extra effort. Predictive metrics initially make you aware of shifts in historical patterns — Because predictive metrics are forward-looking, they begin by looking for patterns so they can let you [...]

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How Analytics Are Like Windshield Wipers

How Analytics Are Like Windshield Wipers Imagine you’re driving a Ferrari. You’re going really fast, cruising up and down mountain passes, with nothing in your way. Then it starts to rain. The only problem with your Ferrari is that you don’t have windshield wipers, so you can’t clear the rain from your screen and everything [...]

Machine Learning: Understanding Feature Selection

Feature selection is a part of Machine Learning that can be very difficult to grasp for someone not intimately familiar with statistics. It is the intent of this blog to demystify what feature selection is and the techniques that can be used to accomplish it. What is Feature Selection? Making Predictions and Cluster Analysis are [...]

Large Retailers need to provide quality services to their customers

With Thanksgiving fast approaching, large retailers are relying on Nastel AutoPilot to keep the holiday shopping season successful and highly profitable with uninterrupted services. Heavy loads and high volumes of sales are expected on Black Friday followed by Cyber Monday.  Nastel AutoPilot helps keeping services supporting sales highly available and highly reliable. How Large Retailers [...]

Predictive Analytics in the Supply Chain

Summary:  Predictive analytics are increasingly important to Supply Chain Management making the process more accurate, reliable, and at reduced cost.  To be at the top of your game as a supply chain manager you need to understand and utilize advanced predictive analytics. As a large continuous process the Supply Chain has been extensively studied and [...]

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5 Applications of Predictive Analytics

What’s in a name? For predictive analytics, quite a lot the name tells you the basic premise of what the practice hopes to accomplish. Predictive analytics is about using existing data about past events to put the present in context, and forecast potential future events and how to handle them. In other words, learning to [...]

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