Quotes & Sayings About Predictive Analytics

Every part of your business will change based on what I consider predictive analytics of the future. — Ginni Rometty

Target isn't alone in its desire to predict consumers' habits. Almost every major retailer, including Amazon, Best Buy, Kroger supermarkets, 1-800-Flowers, Olive Garden, Anheuser-Busch, the U.S. Postal Service, Fidelity Investments, Hewlett-Packard, Bank of America, Capital One, and hundreds of others, have "predictive analytics" departments devoted to figuring out consumers' preferences. "But Target has always been one of the smartest at this," said Eric Siegel, who runs a conference called Predictive Analytics World. "The data doesn't mean anything on its own. Target's good at figuring out the really clever questions. — Charles Duhigg

predictive Analytics enabled the Big Data to deliver the actual usage and value to the businesses by putting the processed information to a real use. — Salvatore Gaukroger

Business analytics or predictive modelling is a $100 billion industry, and $41 billion is spent on outsourced business analytics every year. I think that's about twice the size of the movie industry - it's really big. — Anthony Goldbloom

For example, you could build many companies based on applying the cutting edge predictive analytics and data mining techniques commonly used at consumer web startups, quantitative hedge funds, etc., to less advanced industries. — Chris LoPresti

Someday soon, say predictive analytics experts, it will be possible for companies to know our tastes and predict our habits better than we know ourselves. — Charles Duhigg