Predictive analytics: 4 success stories

For years, companies have been striving to develop analytics capabilities, not just to understand past performance, but to anticipate trends and future events to improve agility. Increasingly, companies are deploying predictive analytics to make their services more efficient, develop products, find potential threats, optimize maintenance, and even save lives. Predictive analytics apply techniques such as statistical modeling, forecasting, and machine learning to the output of descriptive and diagnostic analytics to make predictions about future outcomes.