Can the Past Inform the Present? Predictive Analytics – Physicians’ minds, no matter how bright or experienced, are fallible—unable to adequately store, recall, and correctly analyze the millions of pieces of medical information needed to optimally care for patients. The promise of machine learning (ML) and predictive analytics is that clinicians’ decisions can be augmented…
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Predictive Analytics – It’s no secret that the asset management industry is facing unprecedented pressure. Firms’ AUM continues to climb, but revenue and margins are slumping as fees plummet. The outlook for those margins is gloomy as shareholders, regulators and clients continue to pressure funds to deliver higher value at lower cost. It’s no exaggeration…
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Predictive storage analytics tools are becoming standard equipment in the enterprise. Get to know the features you’ll need, how they work and the benefits they provide. Predictive Analytics – We’re all familiar with the power, convenience and borderline creepy accuracy of predictive data analytics. Whether it’s looking for something new to watch on Netflix, browsing…
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AI – MIT/MGH’s image-based deep learning model can predict breast cancer up to five years in advance. With that in mind, a team from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Massachusetts General Hospital (MGH) has created a new deep-learning model that can predict from a mammogram if a patient is likely to…
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Including how to choose among a set of key features to find out which predictive analytics tool is best for your business. These days nearly every enterprise wants to have predictive analytics capabilities. This corresponds to growing interest in Big Data and artificial intelligence. In some recent surveys, more than 90 percent of organizations say they believe predictive analytics will…
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I am personally fascinated by predictive analytics and the ability to combine data elements to create an approximate idea of what the future may hold. Although data modeling has been used quite extensively in certain industries (e.g., weather predictions based on specific historic models and key indicators, insurance estimates and actuarial tables, etc.), the concept…
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The Impact of Predictive Analytics in Higher Education. While for many a college degree may be the golden ticket to a better job, this incentive alone isn’t enough to stop millions from dropping out of school or delaying graduation. In fact, some universities are experiencing freshman retention rates as low as 47 percent. On top…
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I was recently talking with a company that manages environmental and AV systems for large buildings. They use the most advanced technology, which in this case is IoT (Internet of Things). They setup control systems to control light, HVAC, window shades, door locks, AV displays, speakers and more. In a large building this can be…
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When it comes to marketing, historical data should always be a driver for strategy and planning. Predictive analytics is the next level of using that data for marketing success. Predictive analytics is the use of data, statistical algorithms and AI techniques to identify possible future outcomes. This can help you stay ahead of the curve and…
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