While no one has the ability to capture data from the future, advanced analytics has the ability to analyse massive historical data sets, and combined with your domain know-how to show where you are and predict where you are heading. Advanced data analytics uses a predictive based approach and techniques empowers your business with the knowledge to make decisions to optimize resources, improve margins and predict the impact of potential changes.
Advanced analytics is a broad categorisation covering predictive analytics, data mining, big data and machine learning. It combines techniques from statistics, data mining, predictive modeling and machine learning to find meaning from massive amounts of data. Advanced analytics techniques like predictive modeling, is used to produce insights that traditional business intelligence (BI) approaches are unlikely to discover. Whether you’re in marketing, sales, manufacturing, customer service, operations or other business unit, advanced analytics enables you to accelerate and re-imagine your business processes for the digital economy.
Our advanced analytics solutions can help you:
- Visually explore data and discover new patterns
- Manage the predictive life-cycle of data preparation, exploration and analysis, predictive modelling, deployment and monitoring
- Automate processes to improve data performance and get faster results
- Streamline the data mining process to create high-performance accurate models
- Built your predictive model using statistical, data mining or text mining algorithms
- Reduce cost and latency by automating in-database scoring to improve model performance and get faster results
- Design machine learning and prototyping algorithms for production that automatically update themselves by constantly retrain data sets, cross-validate, refine and discover new rules