Specifications

Applications of Predictive Analytics
 Advance Planning Functions
» Forecast key inputs
» Uncover complex relationships
» Understand, simulate and account
for variance
 Optimize Processes
» Reduce downtime
» Optimize capital
» Maximize resource
» Execute operational strategy
» Boost productivity
» Improve quality
 Increase Customer Value
» Improve acquisition rates
» Optimize contact frequency
» Improve offers
» Reduce cost of sale
» Group like customers (segmentation)
 Manage Risk
» Reduce customer churn
» Sharpen fraud detection
» Execute predictive maintenance
» Minimize warranty claims
» Troubleshoot failures