Predictive analytics for big data issues
Collaboration with Starpoint Solutions on predictive analytics.
Who wouldn’t want to be able to do this: “Predict the future more accurately using mathematical methods and to use those predictions to make decisions with even greater confidence.” Thanks to predictive analytics, that day is getting ever closer.
Such predictive analyses are already being used successfully in the food sector to create forecast models for sales volumes. Financial services providers also use this technology to predict default payments or assess a company’s creditworthiness.
Starpoint Solutions and bluekey have teamed up to promote predictive analytics in the manufacturing industry. Predictive analytics can bring significant advantages, especially in terms of production: Not only can it help optimize production processes, it can also improve support for strategic decisions – from statements about maintenance-related machine failures to risk assessments and fraud detection.
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