Dataception

If your business is struggling to forecast and predict outcomes and results, your management team is probably considering predictive analytics. The technology research firm Gartner states that “by 2025, 50% of data scientist activities will be automated by artificial intelligence, easing the acute talent shortage.” For the average team member, the concept of predictive analytics may seem daunting, and if you are a business user whose management team has asked you to embrace and participate in analytics, the addition of predictive analytics to your day-to-day business processes may seem irrelevant, or it may seem to mean you will be expected to work harder or produce more output. But don’t be too quick to assume the worst.  Let’s take a look at predictive analytics, the benefits of assisted predictive modeling and its importance in the organization, and how intuitive augmented analytics can help business users achieve their goals without requiring advanced training or additional wor...

Need Analytics for Business Users AND Data Scientists? No Problem! Does your business intelligence solution provide true advanced analytics capabilities? Can your BI tool satisfy the needs of business users, data scientists and IT staff? That may seem like a tall order but with the right business intelligence software, you can provide predictive analytics for business users, including assisted predictive modeling that walks users through the analytical process and allows them to achieve the best results without a sophisticated knowledge of data analytical techniques. You can transform those business users into Citizen Data Scientists! Plug n’ play predictive and forecasting tools help businesses to create Citizen Data Scientists by enabling the average business user to leverage sophisticated predictive algorithms without the expertise and skill of a trained data scientist, so users who are not statisticians or predictive algorithm experts, can leverage Self-Service Plug n’ Pl...

Can Business Users Adopt Assisted Predictive Modeling? Assisted predictive modeling is no longer the sole domain of data scientists and IT staff. With the right predictive analytics tools, your business users can accurately plan and forecast results and share data to build a dependable picture of the future for your organization, and for each team, division and individual. Plug n’ Play Predictive Analysis  can truly provide predictive analytics for business users and predictive analytics can benefit organizations in many ways. Whether you want to find out how best to acquire and retain customers, what new products and services your customers want, how to price a product, where to open a new location, or how your customer purchasing behavior is changing, predictive analysis can help you understand historical patterns and use your data and results to more accurately predict the future. In the past, business users struggled to understand the relationship between their roles ...

Can Plug & Play Predictive Analytics Help Business Users Function Effectively? Plug & Play Predictive Analytics is not an exotic process that is limited to data scientists or IT staff. Plug & play predictive analysis is so named because it really is a plug and play process. This type of predictive analytics tool is designed to be accessible and usable by business users. In today’s fast-paced, competitive business landscape, no enterprise can afford to wait for clear, concise information. No team member can be expected to achieve peak performance if they have to wait for business intelligence and clear analysis and information. Often, the process of submitting predictive analytics requests can be cumbersome and much is lost in the translation. Users wait for data, only to find that the data is incomplete or out-of-date or that they forgot certain parameters or critical factors and that they must start again. A good  Predictive Analytics Tool  offers  As...

How Can Assistive Predictive Modeling Help My Business Users? Assistive Predictive Modeling allows business users to leverage a self-serve advanced analytical tool and to enjoy complex, sophisticated forecasting and business predictions in a simple, user-friendly dashboard environment – all without the skills of an analyst, data scientist or IT professional. Predictive Analytics  for business users incorporates analytical and forecasting techniques with easy-to-use tools to guide them through recommended techniques and report formats and ensure that the methods and reports they choose are appropriate to the type of data and information they need. If you are wondering how and why predictive analytics software has expanded into the self-serve business user market, the reason is simple. Every business is operating in a rapidly changing competitive environment and market. In order to achieve goals and objectives and perform well in their respective roles, business users need to a...