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Predictive Analytics Business Use Cases Ensure Results!

Elegant BI

Apply Predictive Analytics to Specific Business Use Cases for Real Results! Gartner has predicted that, ‘Overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Human Resource Attrition. Predictive Analytics Using External Data.

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Revolutionizing Procurement: The Power of AI in Vendor Management Systems

Smart Data Collective

The Intersection of AI and VMS AI has penetrated virtually every aspect of business operations, from customer service to human resources, and VMS is a prime candidate for the application of AI technologies. Natural Language Processing (NLP) is another powerful tool, used to facilitate communication between humans and machines.

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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: Online Target Marketing!

Elegant BI

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. Predictive analytics will help you optimize your marketing budget and improve brand loyalty. Human Resource Attrition. Loan Approval.

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Predictive Analytics Use Cases: Envision Success with Comprehensive Planning and Forecasting!

Elegant BI

These are just some of the examples of use cases that effectively illustrate how your business can benefit from predictive analytics in real-world scenarios. The benefits of advanced analytics and assisted predictive modeling are too numerous to provide a complete list here. Learn More: Augmented Analytics Use Cases.

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Newsletter – March 2023

Fuld

Many studies have demonstrated the importance of human resources in obtaining a competitive advantage. This month, we explore how companies can leverage people analytics to optimize their human resources function. Another way data analytics can be used is to elevate a company’s brand.

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Can Big Data Eliminate Shortcomings of Team Extension Models?

Smart Data Collective

One of the biggest applications is that new predictive analytics models are able to get a better understanding of the relationships between employees and find areas where they break down. It’s very obvious that you need to have a strong HR (human resource department) to do all these complex tasks.