A big part of business intelligence is an area called predictive analytics, which extracts information from data and uses it to predict future trends and identify behavioral patterns.
Predictive analytics is a form of advanced analytics that is being used by business intelligence to extract information from data, using it to predict future trends.
- The identification of behavioral patterns and future trends are also central to the structure and process of predictive analytics.
- It makes use of statistical modeling, data mining techniques, and machine learning to combine data in order to extract information.
- Many future events and trends can be and have been anticipated through predictive analytics.
- In business intelligence, it can be used to predict performance.
- Data is central to predictive analytics.
Therefore, a big part of business intelligence is an area called predictive analytics, which extracts information from data and uses it to predict future trends and identify behavioral patterns.
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