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What is predictive analytics software (PASW) and what value does it provide?

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What is predictive analytics software (PASW) and what value does it provide?

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As practice shows, it is not enough for a modern commercial, financial or General Director to have information about events that have already taken place (sales, money receipts, goods movement in warehouses) for successful business in the near future. The main task of any project to build a business analysis and forecast system is to correctly interpret the work of analytical tools, identify hidden patterns, influencing factors, and, as a result, build predictable models of business process behavior. Predictive analytics models really help retailers achieve a high level of sales. They do this by researching all the information they can get. And then they compare it with the data that the company already has.

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Predictive analytics software captures and analyzes data about peoples attributes, attitudes and behaviors to gain a full understanding of anticipated future behaviors, applying these insights into business processes to improve outcomes. The key is to help our clients create greater value from data assets in all areas for unique, predictive insights in real-time that will enable them to predict future and make smarter decisions for improved business outcomes. This technology enables clients to create and apply data mining models to uncover hidden patterns in data, visualize data patterns to gain instant insight and quickly apply that insight to predict the outcomes of interactions even before they occur, while capturing essential information about peoples attitudes and opinions. It provides insights into complex questions with the ability to predict potential future outcomes. The ability to predict future trends, spot shifts in consumer patterns or behaviors even before they have happe

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