article thumbnail

What is predictive analytics? Transforming data into future insights

CIO

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. from 2022 to 2028.

article thumbnail

Promising Benefits of Predictive Analytics in Asset Management

Smart Data Collective

Artificial intelligence technology has massively disrupted the financial sector. There are many other reasons AI and big data technology is changing finance. One of the biggest is that more financial institutions are using predictive analytics tools to assist with asset management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Re-imagining Business Workflows with AI-Powered Automation

CIO

Artificial intelligence (AI) is delivering rapid change for Australian business by raising customers’ expectations, generating new competitive challenges, and creating opportunities for new products and services. Artificial Intelligence

Business 865
article thumbnail

Mulesoft, Tableau uptake fuels Salesforce growth spurt

CIO

Despite a tumultuous couple of months, strong user uptake of Tableau business intelligence and MuleSoft data automation and integration software fueled a surprising 14% year-over-year jump in revenue for Salesforce’s fourth quarter. billion, according to data from Yahoo Finance. billion, according to data from Yahoo Finance.

Loss 712
article thumbnail

Why IPaaS is key to gaining insights in higher education

CIO

With the help of IPaaS, colleges and universities are able to leverage exciting new technologies and use cases already revolutionising sectors such as finance, healthcare and retail. When teamed with predictive analytics this approach can help faculty identify – in an objective manner – which students are best suited to further study.

Education 494
article thumbnail

CIOs still grapple with what gen AI can do for the enterprise

CIO

One of the first use cases of artificial intelligence in many companies, including both Michelin and Albemarle, was predictive maintenance, which at its most basic level is an algorithm trained on data collected by sensors. “It “And for business users, it will surpass what Microsoft did for workforce productivity.”

Algorithm 732
article thumbnail

Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

Artificial intelligence is one of the most important trends pushing the envelope of what’s possible with fintech. When Fintech Meets Artificial Intelligence. Mordor Intelligence predicts that the technology’s value in the industry will grow at a CAGR of 23.17% until 2025. Predictive Analytics.