Predictive Analytics Software
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What is Predictive Analytics Software?
Predictive analytics software mines and analyzes historical data patterns to predict future outcomes by extracting information from data sets to determine patterns and trends. Using a range of statistical analysis and algorithms, analysts use predictive analytics products to build decision models, which business managers can use to plan for the best possible outcome. Analysts, business users, data scientists, and developers all use predictive analytics software to better understand customers, products, and partners and to identify potential risks and opportunities for a company.




