The Power to Predict

This is one of four articles in a special report about the use of predictive analytics. Here are the other stories: More and more CFOs — and companies — are applying predictive analytics to boost planning and forecasting accuracy and solve an ever-increasing range of business problems. One reason: The barriers to using predictive analytics tools, which employ statistical models to make forecasts and projections and uncover key business drivers, are being lowered. Falling costs and improved technology mean the tools are gaining wider acceptance as more companies experience success with them. Many predictive analytics methods have been available for years, but only for companies with the resources—like a staff of data scientists, statisticians, and programmers. The time to commit to a considerable project was another prerequisite, says George Mathew,…

Link to Full Article: The Power to Predict

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