In the coming year, a thirst for customer knowledge, a need to generate incremental revenue through understanding buying behavior, the requirement to reduce costs in supply chain logistics, and the imperative to make inferences about the future behavior of these groups will drive predictive analytics. Resulting trends include intensified competition between predictive algorithms wrappered in applications and general-purpose, predictive modeling workbenches; the assimilation of predictive marketing by predictive analytics at large; the emergence of the exploratory data warehouse dedicated to predictive analytics; and the availability of innovative desktop, in-database, and served-based architectural options to address client requirements.
This is an excerpt
Buy Risk-Free
Price: US $499
Our Service Guarantee: If you are not completely satisfied with this document, notify Forrester within 24 hours of purchase for a full refund.
Already a Forrester Client? Log in to read this document.