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Predictive Analytics : The new trends

Data scientists have categorized this new era of data with "four Vs". They are volume of the data, variety of the data sets, velocity of analysis of data and veracity of data quality. Nowadays, companies are turning to external Big Data for answers. Organizations want to distinguish which external factors will influence the sales and demand of a particular product in the future. The answers they get from the above questions, is setting the trend for three distinctive predictive analytics process. They are - Predictive hypothesis testing, Closing the gap between data and delivery, shrinking the barrier between internal and external data.  With the speed of technology diversity of data continues to grow. Read more about this article written by RICH WAGNER(Author) at:

http://www.information-management.com/news/big-data-analytics/a-new-era-of-predictive-analytics-2016-trends-to-watch-10028253-1.html

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