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Predictive Analytics

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Looking Into the Future

As its name suggests, predictive analytics makes predictions about future events based on the analysis of historical data. It uses a wide range of techniques from data mining, statistics, modeling, and artificial intelligence to capture patterns and trends in datasets. For businesses and enterprises, these relationships can be utilized to identify future risks and opportunities, including predictive maintenance, financial analysis, and quality assurance. The accuracy of predictive analytics will improve as artificial intelligence advances, allowing organizations to be more proactive and forward-thinking.