Predictive Analytics are quickly evolving from a buzzword into a tool required for consultants to succeed.
Due to the growing interest by companies in using predictive analytics, many opportunities are developing for skilled analysts in this field. In fact, Econsultancy.com reported that 40% of companies interviewed are actively using or planned on using predictive analytics. Lack of expertise on how to implement predictive analytics, however, is a key problem that the same companies acknowledge. A whopping 99% of the survey’s respondents believe that predictive analytics will be highly important to enterprises in the future. Below is a spotlight on how some analysts and data scientists are approaching the needs of clients’ predictive analytics goals.