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Tag: Predictive Analytics

Explore predictive analytics market global development trends 2017-2022 | WhaTech

Explore predictive analytics market global development trends 2017-2022 | WhaTech

Firstly, this report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Predictive Analytics, revenue and market […]

Get Predictive: The Keys To Achieving Data-Driven Personalization And Pricing | Retail TouchPoints

Get Predictive: The Keys To Achieving Data-Driven Personalization And Pricing | Retail TouchPoints

Pricing, Even When Predictive, Requires Context Many predictive analytics platforms are designed for price optimization, but in today’s world of deep discounts and markdowns, brands must prevent themselves from entering a race to the bottom. Effective pricing requires studying both pricing trends and the consumer’s potential action. With predictive analytics, brands can monitor consumer’s buying […]

Algorithms can be racist: Why CXOs should understand the assumptions behind predictive analytics | TechRepublic

Algorithms can be racist: Why CXOs should understand the assumptions behind predictive analytics | TechRepublic

Predictive analytics have long been a sought-after goal in business and public policy. A computer system that could consistently and accurately predict future events or model complex behavior on a massive scale is almost magical, and these algorithms have been employed to price our car and health insurance, and model what we’ll buy next when […]

How predictive analytics is about to change the face and profits of retail | The Economic Voice

How predictive analytics is about to change the face and profits of retail | The Economic Voice

But assuming retailers can optimize their range selection, buyers are still left with the decision of where to price each item and how deep to buy.  This is the true holy grail of retailing. “To address this challenge, at SoundOut we pulled in a team of data scientists – PhD and Masters students from the […]

Analytics ROI vs. the high cost of ignorance | Fast Casual

Analytics ROI vs. the high cost of ignorance | Fast Casual

It’s best then, if restaurateurs approach analytics by first asking themselves what their highest value questions are and then consider the many ways those questions might answered. Better still, restaurateurs should first consider what would be the most costly mistakes they might make in managing their businesses. Then consider what answers and information is needed to […]

eBay buys predictive analytics company SalesPredict | VatorNews

eBay buys predictive analytics company SalesPredict | VatorNews

SalesPredict helps helps B2B companies increase revenue by identifying who their best potential prospects and accounts are, and providing insights that improve conversion rates and accelerate sales cycles. Now eBay wants to take that expertise and apply it to getting the best conversion rates from its own customers. “As eBay continues its focus on developing the world’s […]

Bolstering the marketing playbook with predictive analytics | Tech2

Bolstering the marketing playbook with predictive analytics | Tech2

In the past two years alone, the volume of new data created has surpassed the collective volume created in the entire history of human race. With companies across the world hungry for every databyte in their quest to create customisation and differentiation, data is now as much a property of marketing – as it is […]

Predictive Analysis is Now Leading the Evolution of Apartment Pricing | Property Management Insider

Predictive Analysis is Now Leading the Evolution of Apartment Pricing | Property Management Insider

“When someone’s lease becomes month to month, they are no longer on a long term lease contract like other residents,” he said. “Their lease term has become undefined, therefore it’s hard to measure when that lease is going to end to help you manage expirations, to help you decide how to price a new lease.” […]

10 Ways Predictive Analytics Improves Innovation | InformationWeek

10 Ways Predictive Analytics Improves Innovation | InformationWeek

Predictive analytics is gaining momentum in virtually every industry. Using predictive analytics, businesses are able to approach opportunities, risks, business partners, and customers differently because they have foresight they lacked previously. “Historical data can only show you so much,” said Arvid Tchivzhel, director of revenue and pricing strategy at consulting firm Mather Economics. “If you’re […]

Predictive Analytics World Boston interview Michael Berry | Predictive Analytics World

Predictive Analytics World Boston interview Michael Berry | Predictive Analytics World

Q: In your work with predictive analytics, what behavior do your models predict? A: At TripAdvisor for Business, one of our most important products is subscription-based. We price our subscriptions based on the value our product will deliver to hoteliers in the form of increased direct bookings on their web sites. This means predicting their future traffic, […]