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PredictiveAnalyticsPredictiveanalytics uses statistical models and ML techniques to forecast future outcomes based on historical data. It helps businesses anticipate trends and make data-driven predictions. Maintaining clean and consistent data iscrucial.
As Dan Jeavons Data Science Manager at Shell stated: “what we try to do is to think about minimal viable products that are going to have a significant business impact immediately and use that to inform the KPIs that really matter to the business”. 5) Find improvement opportunities through predictions. 6) Smart and faster reporting.
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