APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    ML, AI Algorithms Boosts Predictive Analytics Models

    ML and AI-based algorithms can not only optimize the businesses but also equip them with new statistical patterns and trends which form the backbone of predictive analytics.  

    ML, AI Algorithms Boosts Predictive Analytics Models

    By

    Apac CIOOutlook | Friday, July 19, 2019

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    ML and AI-based algorithms can not only optimize the businesses but also equip them with new statistical patterns and trends which form the backbone of predictive analytics.

    FREMONT, CA: Predictive analytics involves the usage of statistics, data mining, and modeling to make predictions over the upcoming trends and disruptions. The process requires a deep analysis of a large set of discrete data to gain an overview of the bigger picture. Artificial Intelligence (AI) and its subset Machine Learning (ML) are inherently designed to facilitate the above procedures, thereby emerging as the most sought out technology for predictive analytics.

    Though 75 percent of the leaders consider growth as the leading source of value from analytics, only 60 percent of those have predictive analytics capabilities within their business processes. The primary factor that is limiting the businesses is the lack of clarity over the tools that need to be installed for best returns. ML and AI-based algorithms can not only optimize the businesses but also equip them with new statistical patterns and trends which form the backbone of predictive analytics.

    Check out: Top Security Analytics Companies

    Predictive Analytics with ML and AI Algorithms

    Predictive analytics is governed using predictive modeling, which is more of an approach than a process. ML and predictive analytics complement each other, which can be applied to understand and predict the behaviors of a customer or possible changes in the market. The predictive models can be classified under Regression models that predict a number and Classification models that predict class membership. The models are then equipped with AI algorithms that perform data mining and statistical analysis to determine the patterns and trends.

    Here are some of the popular predictive models:

    •    Decision Trees

    Decision trees present a powerful format of multiple variable analyses. The algorithms identify various ways of segregating data into branch-like segments. The categorization of data into subsets is based on the types of input variables depicting someone’s path of decisions.

    •    Regression

    Regression is one of the widely adopted models in statistics. It analyses estimate relationships among variables, highlighting the critical patterns in diverse data sets and their relationship with each other.

    •    Neural Networks

    Inspired by the operation of neurons in the human brain, neural networks, or artificial neural networks are a type of deep learning technologies. They are especially suited to analyze large data sets to solve complex pattern recognition problems.

    Check Out: Top Artificial Intelligence Companies

    More in News

    Impact of Digital Transformation on Retail

    Impact of Digital Transformation on Retail

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Salesforce Services in APAC: Empowering Digital Transformation Across the Region

    Salesforce Services in APAC: Empowering Digital Transformation Across the Region

    Enhancing Customer Satisfaction through Omni-Channel Payments

    Enhancing Customer Satisfaction through Omni-Channel Payments

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/ml-ai-algorithms-boosts-predictive-analytics-models-nwid-6678.html