What is the Future of Predictive Analytics in Finance
What is predictive analytics? Predictive analytics is the study of past, present data with the help of different technical tools for better planning and decision making. It is generally used to identify future opportunities and risks by studying past trends and existing data sets. It is done using machine learning, data mining, statistical modeling, and other data technologies to predict the most accurate results. Hire the service of financial software development for better results. Who all can use predictive analytics? Predictive analytics can be used by every small as well as giant enterprise. Industries like tourism, entertainment, technology, marketing, finance, healthcare, pharmaceutical are making the best use of it to cater best services to the ultimate customers. Companies are blind and deaf without data as data is the new gold. Let’s delve into some prime quest