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How Predictive Analytics is Improving Corporate Growth of a Business Organisation

Author: Ankit Jain
by Ankit Jain
Posted: Nov 01, 2017

There are many techniques used in the process of Predictive Analytics to analyze the raw data and make accurate data and pattern predictions from it that can be used in various business. Predictive Analytics uses a huge number of data mining, analytical techniques, predictive statistics and machine learning strategies to bring the large data and analyze it to form useful information.

Predictive Analytics mainly works in a structured way:

Data Collection: The data is gathered from various Source Systems. In this data collection step, the data sets are also defined according to the project scope, deliverables, and outcomes.

Data Mining: In this step, the data is prepared for the further predictive analysis from multiple ways and data sources. This mining of raw data and facts provides the customers and data scientists a complete and precise view of data.

To know more about us: http://canopusdatainsights.com/

Data Analysis: It is the most important and complicated step that is used in predictive analytics. It includes all the techniques of Data Cleaning, Data Inspection, Data Transformation, Data Modelling with the aim to discover useful patterns and graphs at the conclusion.

Data Statistical Analysis: The data patterns, facts, and statistics which are formed after the analysis of raw data enables to verify and eliminate the improper assumptions and data hypothesis to test them under the data statistical modeling algorithms.

Data Modeling: Data Modeling provides many techniques and strategies to create the data models to extract the data information and data patterns for business growth.

If applied in the right and structured way, it can help various business industries such as Banking, Insurance, Telecommunication, Healthcare, Retail, Marketing, Oil and Petroleum and much more industries.

An Indian Data Science Company, Canopus Data Insights is a leading provider of Outsourcing Data Analysis Services, Data Science Products, Solutions, and Services, to clients, from start-ups to large enterprises. The company is expert in generating insights from the raw data and converts it into profitable business outcomes, be it Structured or Unstructured, Big Data or Traditional Data.

It performs Data Gathering, Data Quality Management, Data Analysis, Data Driven Model Creation and Data Visualization for many business industries. It also provides quality service in all the major streams of Marketing Analytics such as Buzz Monitoring, Customer Segmentation, Churn Analysis, Cross Sell, Upsell and much more.

About the Company:

Canopus Data Insights is a rising Indian Company that specializes in providing outsourced Data Science, Data Analytics, and Machine Learning to its clients worldwide. Visit their website www.canopusdatainsights.com or call +91 731-2551963, to know more about their services and extensive work in Data Science,

About the Author

Canopus Infosystems is an Iso 9001:2008 Certified Company that specializes in providing outsourced web & mobile development and testing services to clients worldwide.

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Author: Ankit Jain

Ankit Jain

Member since: Jun 08, 2017
Published articles: 178

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