The Future Beholds...The Mightiest
ApplicationsAlthough predictive analytics can be put to use in many applications, we outline a few examples where predictive analytics has shown positive impact in recent years.
- Analytical customer relationship management (CRM)
- Clinical decision support systems
- Collection analytics
- Customer retention
- Direct marketing
- Fraud detection
- Portfolio, product or economy level prediction
- Risk management
What's wrong with this list?
One of the most important areas to man-kind that could benefit the most from the recent advancements in predictive modeling is health information technology.