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Operational Analytics and Predictive Modelling

In: People Analytics

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  • Rahul Ghatak

    (Acumetric Global Solutions)

Abstract

Predictive analytics deploys a varied set of statistical, data science and software tools including artificial intelligence, cognitive machine reading and text mining that analyse large and big data to make predictions about future events. These tools help establish linkages between different sets of variables to then arrive at a set of projections of future scenarios that support more objective decision-making.

Suggested Citation

  • Rahul Ghatak, 2022. "Operational Analytics and Predictive Modelling," Management for Professionals, in: People Analytics, chapter 0, pages 13-36, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-19-3873-3_2
    DOI: 10.1007/978-981-19-3873-3_2
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