Predictive Analytics A Gold Mine - 1554 Words

Predictive Analytics: A Gold-Mine Yet To Be Exploited To Its Zenith Akanksha Pandey Information Technology Department, VESIT, Mumbai-74, India. Abstract 1. Introduction The proliferation, ubiquity and increasing power of computer technology has increased the volume of data oday`s mobile technologies and social media have collection and it`s storage manifold. This led to unleashed an exponential increase in information. continual growth in the size of data sets with Predictive analytics, a business intelligence technology consequent increase in complexity as well. Hands-on is one of the latest to take the future by storm with its data analysis is being increasingly augmented with immense potential for data- mining and efficacy. indirect, automated data processing Predictive analytics can be defined as any solution that techniquesclustered together and known as DATAIJERTsupports the identification of meaningful patterns and MINING. correlations among complex, structured and unstructured, historical and potential future data sets for Primarily, data mining deals with the analysis of data the purpose of predicting future events and accessing sets for identification of hidden patterns, trends and the attractiveness of the various courses of action. It is data values. Data miming in any line of businessShow MoreRelatedHow A Professional Objectives Both Short And Long Term1678 Words   |  7 Pagespossible before. All of this bodes well with my strong interest in Data as a software engineer who has been in the IT business for the last 18 years. But, what are my objectives and motivations in my quest to enter the Master of Science in Business Analytics program at NYU Stern? Motivations: I have been fascinated with computers from the time I started studying computer programming back in college, as a civil engineering student, to solve engineering problems. I saw great value and satisfaction inRead MoreAnalysis Of Harrah s Entertainment, Inc. Essay1996 Words   |  8 Pagescompany by the use of analytics that has left behind its competitors by a huge margin. Their primary focus is customer loyalty which provides customer satisfaction and would make the customers want to come back again and play more games thereby increasing the overall revenue of the company. They use predictive models to predict the likes and dislikes of the customers and provide loyalty incentive programs to target certain customers. 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Alongside business intelligence in the new managerial lexicon is the phrase analytics, a term describing the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions.[4] The benefits of all this data and number crunching are very real, indeed. Data leverage lies at the center of competitiveRead MoreBloomberg Essentials Online Training Program17272 Words   |  70 Pagesinvestment idea generation and in-depth security analysis. Our equities resources fully integrate the very best in real-time data, news and research, providing you with an unmatched level of market data transparency, dynamic monitors, and powerful analytics. With these tools, you can delve into more than 20 years of financial statements, sell-side consensus estimates, extensive technical analysis studies, and idea generation tools for a pool of more than 410,000 equities (ph). As the BloombergRead MoreMarketing and E-commerce Business65852 Words   |  264 Pagestechnologies (Web transaction logs, tracking files, data mining and big data) and CRM are also explored. The chapter concludes with a section on understanding the costs and benefits of various types of online marketing, including a new section on Web analytics software. Chapter 7 is devoted to an in-depth analysis of social, mobile, and local marketing. Topics include Facebook, Twitter, and Pinterest marketing platforms, the evolution of mobile marketing away from browsers and towards in-app marketingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesactions and trying to interpret what you see or predict what people might do under different conditions. Unfortunately, the casual or common sense approach to reading others can often lead to erroneous predictions. However, you can improve your predictive ability by supplementing intuition with a more systematic approach. The systematic approach in this book will uncover important facts and relationships and provide a base from which to make more accurate predictions of behavior. Underlying thisRead MoreStrategic Human Resource Management View.Pdf Uploaded Successfully133347 Words   |  534 Pagesspecific job whose productivity is higher than those hired without the test. The calculations of utility might involve several variables. For example, validity of the selection test would be a critical variable, in that it provides an indication of the predictive ability of the test. Additionally, the increased production, its contribution to profitability, and the standard deviation of the contribution, would be variables in the calculations. Finally, other variables might be included in the analysis, suchRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagesunderstanding the historical genesis of modern business and military strategy Keith Hoskin, Richard Macve, and John Stone 9. Modernizing government: the calculating self, hybridization, and performance measurement Liisa Kurunmaki and Peter Miller  ¨ 10. Analytics of costing system design Eva Labro 11. Understanding management control systems and strategy Kim Langfield-Smith v vii xi 1 20 42 69 92 117 146 166 198 217 243 x CONTENTS 12. Management accounting, operations, and network relations:Read MoreBrand Building Blocks96400 Words   |  386 Pagesand access to on-call advisers), for example, were rabid Nintendo users and the heart of the firm s early success. Claridge Hotel and Casino has without question increased the intensity of customer loyalty with its 350,OOO-member Claridge CompCard Gold club. The club s members receive discounts, news of upcoming events, and special offers ranging from monogrammed bathrobes to door-to-door limo service. Apple Computer users groups provide support and assistance, as well as the chance for customers