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POSTED ON: January 7, 2020
Glossary

What is Predictive Analytics?

It is the branch of advanced data analytics which helps to make predictions about the future. It uses many techniques such as data mining, statistics, machine learning, artificial intelligence to predict the future.

Business Benefits of Predictive Analytics

  1. Helps to detect fraud
  2. Reduces potential risks
  3. Helps to gain a competitive advantage
  4. Helps to meet customer expectations
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