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Predictive Analytics Use Case: Human Resource Attrition!

Elegant BI

Augmented analytics can also identify the need for training, the types of jobs that are most at risk of frequent turnover, the key skills for a particular position and the probability of advancement. Learn More: Human Resource Attrition. View the Human Resource Attrition Use Case Slide Share. Customer Targeting.

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Predictive Analytics Use Case: Loan Approval!

Elegant BI

Banks and other lenders spend a lot of time and energy trying to identify the perfect profile for a borrower so they can make the right decision and avoid costly loan defaults and the expense and resources required to take legal action. Human Resource Attrition. Predictive Analytics Using External Data.

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Predictive Analytics Use Case: Marketing Optimization!

Elegant BI

Predictive analytics can help a business develop a profile for a target customer and segment, combine external and internal data like macroeconomics and competitive data, and define marketing and advertising messages and techniques for each segment to optimize the marketing budget and improve the competitive advantage.

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Predictive Analytics Use Case: Fraud Mitigation!

Elegant BI

An enterprise can leverage predictive analytics to identify the most likely areas and actors that will be involved in fraudulent activities and by developing fraud detection models, the enterprise can reduce the cost and the negative impact to the business reputation and to the bottom line. Human Resource Attrition.

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Predictive Analytics Use Case: Online Target Marketing!

Elegant BI

To make the most out of online marketing, every organization must target the customers with the most promising profile. Predictive analytics can help the business to understand online buying behavior, and when, where and how to serve ads, market products and offer discounts or other incentives. Human Resource Attrition.

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5 Business Expenses That Data Can Help Reduce

Smart Data Collective

Using insights from the invoice audit analysis we typically find savings between 1-5%, which can then be used in contract negotiations to save up to 20%.”. The human resources department is in a unique position to help curb those statistics and ensure the workforce is strategically aligned with the cost factors of a business.

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A Business Use Case Overview of Augmented Analytics!

Elegant BI

When it comes to Advanced Analytics and the benefits of predictive analytics, the same conundrum can often present itself to an enterprise. Predictive Analytics Using External Data – The ability to integrate data from sources outside the enterprise is crucial to many businesses.