Hire the best Predictive Analytics specialists

Check out Predictive Analytics specialists with the skills you need for your next job.

Clients rate Predictive Analytics specialists
Rating is 4.8 out of 5.
4.8/5
based on 240 client reviews
Ahmed E.
$70/hr
  • Trophy Icon Predictive Analytics
  • Data Analysis
  • Python
  • Data Science
  • Natural Language Processing
  • Data Visualization
  • Machine Learning
  • Docker
  • Modeling
  • API Development
  • Model Optimization
  • Statistics
  • Deep Learning
  • Computer Vision
  • Anomaly Detection

I'M a Aata Scientist with 5 years of experience. New clients often hire me for one project that helps them get to know how I work, this is normally the start of a long term work relation. Expect integrity, fluid communication in English, technical proficiency, and long term support. Below are some of the common task I'm consulted with: - Machine learning for trading - Machine learning for Marketing use cases - Exploratory data analysis, Statistics - Data visualization - Hypothesis Testing - Automated A/B testing - Deep learning Languages & tools - R (+2 years) - Python (+5 years) (Keras, TensorFlow, NumPy, scikit-learn, pandas, OpenCV,...

Eugene A.
$70/hr
  • Trophy Icon Predictive Analytics
  • IBM SPSS
  • Stata
  • Statistics
  • Data Analysis
  • Data Science
  • Machine Learning
  • R
  • Econometrics
  • Quantitative Analysis
  • Supervised Learning
  • Statistical Modeling
  • Linear Regression
  • Conjoint Analysis
  • Statistical Analysis

⭐𝗘𝗫𝗣𝗘𝗥𝗧-𝗩𝗘𝗧𝗧𝗘𝗗 𝗧𝗢𝗣-𝟭% 𝗢𝗡 𝗨𝗣𝗪𝗢𝗥𝗞⭐ Data Analytics Professor, Statistician, Data Analyst/Scientist. ✅Unlimited revisions ✅Clear explanations ✅Well-documented code ✅ Actionable insights ✅Fixed fee 𝘼𝘽𝙊𝙐𝙏 𝙈𝙀: 🏆 I hold 𝗧𝗢𝗣-𝗥𝗔𝗧𝗘𝗗 𝗣𝗟𝗨𝗦 and 𝗘𝗫𝗣𝗘𝗥𝗧-𝗩𝗘𝗧𝗧𝗘𝗗 statuses officially placing me in the top-1% tier on Upwork. 🥇 As a Lead Analyst in a large international research company, I was in charge of quantitative data analysis for 𝗛𝗲𝗶𝗻𝘇, 𝗧𝘂𝗯𝗼𝗿𝗴, 𝗩𝗮𝗹𝗶𝗼, 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿 𝗺𝘂𝗹𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻𝘀. 🛠 I develop 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝗮𝗹...

Giancarlo S.
$50/hr
  • Trophy Icon Predictive Analytics
  • Data Modeling
  • Data Analysis
  • Statistics
  • Research Papers
  • Scientific Research
  • Hypothesis Testing
  • Machine Learning Model
  • Economic Analysis
  • Algorithm Development
  • Multivariate Statistics
  • Researcher
  • Data Visualization
  • Data Science
  • Neural Network

I fit stochastically sound regression models. I communicate findings with the utmost transparency, starting with human-readable R codes, methodologies, and business-friendly interpretation of advanced analytics results. I stick rigorously to Damodar Gujarati and Dawn Porter's theory and methods by offering comprehensive and detail-oriented services on: * Marketing Mix Modeling. * Customer Targeting through Random Forest Models (Machine Learning, Predictive Analytics). * Logistic Regression. * Panel Data Models. * Data preparation for Modeling. * Business Analytics. * Research Assistance. * Time-Series Descriptive Statistics...

Ogo E.
$150/hr
  • Trophy Icon Predictive Analytics
  • Data Analysis
  • Data Visualization
  • Tableau
  • Microsoft Power BI
  • Python
  • Data Science
  • Automation
  • Marketing Data Analytics
  • SQL
  • Data Analysis Expressions
  • Data Modeling

Are you struggling to create modern, visually compelling and actionable dashboard designs in Power BI or Tableau? Look no further! With over 10 years of experience, I help businesses get the most out of Power BI and Tableau, allowing you to spend less time developing dashboards and more time making key decisions to grow your business. Some of my 🌟 High Profile Clients 🌟 include: Microsoft, Google, and Unilever. CORE STRENGTHS: ✅ Microsoft Power BI ✅ Tableau Development ✅ Data Analysis ✅ Report Design and Visualization ✅ Data Modeling and Design ✅ Data Extraction/Cleaning (ETL) ✅ Data Automation ✅ Dashboard development ✅...

Yegor K.
$70/hr
  • Trophy Icon Predictive Analytics
  • PostgreSQL Programming
  • Amazon Redshift
  • ETL
  • Oracle Performance Tuning
  • Amazon Relational Database Service
  • Oracle Administration
  • Tableau
  • Oracle PLSQL
  • Amazon Web Services
  • Amazon EC2

Hi, I am Data Architect/Snr. Data Engineer with 10 years experience with RDBMS/NoSQL databases and processing large amounts of data. My experience related to Enterprise level/High profile projects in the past, but now I'm helping alot startups and small-mid sized companies. My core competences are : Data Modelling, Data Architecture on Cloud platforms, Database development, ETL and Business Intelligence, Database Administration Modelling of OLTP and Datawarehouse systems. It could be design of new schema, normalization/denormalization of existing model, Enterprise datawarehouse design based on Kimball/Inmon, Data Lake and Data Vault...

Nhung N.
$30/hr
  • Trophy Icon Predictive Analytics
  • Keras
  • PyTorch
  • Python
  • TensorFlow
  • scikit-learn
  • Deep Neural Network
  • Neural Network
  • Natural Language Processing
  • OCR Algorithm
  • OpenCV
  • AWS Lambda
  • Google Cloud Platform
  • Time Series Analysis
  • Computer Vision

A data-driven machine learning engineer with 10+ years of computer science experience, in which 6+ years in Machine Learning and possesses: ✅ Successfully built detection/segmentation & predictive models in Computer Visions, OCR and Recommendation systems. ✅ Skilled in clustering and classification, data structures, analysis and visualization. ✅ Proficient in Python, Java and C++. ✅ Strong communication skills, analytical and problem-solving skills, and a strong focus on quality. Looking for opportunities to add value to your business while offering budget-friendly solutions.

Tayyab T.
$56/hr
  • Trophy Icon Predictive Analytics
  • Natural Language Processing
  • Machine Learning
  • Artificial Intelligence
  • Node.js
  • Data Science
  • Data Mining
  • Python
  • SciPy
  • Python Numpy
  • Artificial Neural Network
  • Front-End Development
  • Backend Rest API
  • Marketing Data Analytics
  • TensorFlow

I have a MS(CS) from Stanford University with a specialisation in AI. My work at Stanford was concentrated around information retrieval, natural language processing and understanding. In addition, I am also interested in statistical data analysis and big data.

Igor Y.
$28/hr
  • Trophy Icon Predictive Analytics
  • Marketing Data Analytics
  • Statistics
  • SQL
  • R
  • RStudio
  • IBM SPSS
  • MS Excel
  • Research Methods
  • Econometrics
  • Data Visualization
  • A/B Testing
  • Marketing Analytics
  • Hypothesis Testing

ANALYTICS ▶ DATA MANAGEMENT ▶ STATISTICS ▶ R LANGUAGE TUTORING Ambitious, highly motivated data analyst, as well as an outgoing, positive human being is here for anyone seeking help in anything related to stats or data science. Feel free to contact me if you: ✓ have some data and want to get insights from it ✓ want to run an A/B test properly ✓ need to create a scoring model or a predictive model ✓ want to learn Excel, SPSS or R ... or anything similar. I will be more than happy to chat with you about YOUR project! Software: R - advanced MS Excel - advanced SPSS - intermediate SQL - intermediate Statistical techniques: Hypothesis...

Mohsen N.
$30/hr
  • Trophy Icon Predictive Analytics
  • Data Analysis
  • Data Mining
  • Tutoring
  • Content Writing
  • Python
  • R Shiny
  • Data Modeling
  • Unsupervised Learning
  • Bioinformatics
  • Data Visualization
  • Microbiology
  • RStudio
  • Microsoft Excel
  • Machine Learning
  • Statistics

"I enjoyed lessons with him a lot. Excellent guy." client feedback for the project "Teach me language R". "Great experience! Very knowledgeable and responsive. Adapted to changing requirements well." client feedback for the project "Statistician with R for thesis guidance and tutoring". Studying of Statistics and R can be enjoyable and simple as proved from the feedbacks above. I have many certificates from top universities (Harvard, Johns Hopkins,....etc) in diverse skills as Statistics, R programming, Six Sigma, getting and cleaning data, data visualisation, and data analysis. I have taught R and Statistics to different Upwork clients...

Fikrat A.
$80/hr
  • Trophy Icon Predictive Analytics
  • Microsoft Azure SQL Database
  • Performance Optimization
  • Microsoft SQL SSAS
  • Business Intelligence
  • Microsoft SQL Server Administration
  • Microsoft SQL Server Programming
  • SQL Server Integration Services
  • Machine Learning
  • Microsoft Power BI

I've been working with MS SQL for more than 17 years and my core competency lies in SQL Server performance tuning/optimization. I've helped many customers with designing and developing high performing and scalable BI systems, based on MS SQL, SSIS, SSAS and SSRS. I also have strong skills in Microsoft Cloud and Big Data technologies, including Azure SQL, Azure Data Warehouse, Azure Data Lakes, Azure Data Factory, Event Hubs, IoT, Stream Analytics. Lastly, I have a good understanding of predictive and statistical analysis and hands-on skills on Machine learning, R and Python Good customer service is key for me, and no project...

Said B.
$20/hr
  • Trophy Icon Predictive Analytics
  • Statistical Computing
  • Project Risk Management
  • Insurance Consulting
  • Econometrics
  • Data Modeling
  • SAS
  • IBM SPSS
  • R
  • Excel VBA
  • Python
  • Google Sheets
  • Data Science
  • Power Query
  • Microsoft Power BI

I am a statistical and financial consultant /data scientist.I have a degree as a statistical/financial engineer from the national institute of statistics and applied economics. For a motivated fee, I provide my clients with good support, clear explanations, and efficiency-documented code. Experienced professional of more than five years in statistics, finance, and data science Advanced knowledge proved with contributions in different projects and tasks, this gave me the chance to put my hands on best practices and details in the following skills: -Advance statistics using machine learning: supervised and unsupervised clustering:...

Fawad L.
$75/hr
  • Trophy Icon Predictive Analytics
  • IBM SPSS
  • Statistics
  • Business Analysis
  • Research Papers
  • Data Analysis
  • Biostatistics
  • Quantity Surveying
  • Quantitative Analysis
  • IBM SPSS

I am a data enthusiast, and have been working with data, analysis, interpretation, and reporting for over 5 years. I have a strong research background with over 15 research publications in journals of national and internal repute. I hold a Phd in Management Sciences and i am currently working as Assistant Professor at a reputed University. I have conducted a number of workshops on SPSS, AMOS, SMART-PLS and Research and have been teaching research methods for over 4 years. I have a Masters in Human Resource Management from University of Westminster, London, UK.

Ali A.
$50/hr
  • Trophy Icon Predictive Analytics
  • Process Improvement
  • Operations Research
  • Product Management
  • Multi-Criteria Decision Analysis
  • Mathematical Optimization
  • Microsoft Power BI Data Visualization
  • Business Process Reengineering
  • Business Continuity Plan
  • Business Modeling
  • Process Simulation
  • Process Documentation
  • Requirement Analysis
  • Business Process Modeling
  • Business Planning & Strategy
  • Decision Tree

🏆 TOP RATED, Recommended by Upwork 🥇 10+ successful years of experience. ✅ Strong Upwork profile as Software Business Analyst and Advanced Data Analytics + Canadian with Masters in Information System Engineering, and Bachelors in Operations Management. + Located in Eastern European time zone. + Professional experience, always adding value. Business Analyst: + Wrote top-quality reports professionally and academically for companies like Jotun, Pratt & Whitney Canada, and UN. + Full understanding of business strategy, financial planning, and agile implementations. + Active blogger on Linkedin on Digital Trends & Culture. (@aaahmed)...

Sivakumar M.
$35/hr
  • Trophy Icon Predictive Analytics
  • R
  • Python
  • Machine Learning
  • Econometrics
  • Statistics
  • SAS
  • Natural Language Processing
  • Deep Learning
  • Big Data
  • Microsoft Azure
  • SQL
  • Quantitative Analysis
  • Neural Network
  • Business Analysis

Dear Client, I'm an experienced data scientist with 14+ years of experience in data science industry. I help clients with Applied Statistical analyses, Econometric modeling, Machine learning, Deep learning for their business problems. My core areas of work are Hypothesis testing, Forecasting, Predicting customer propensity, driver analytics, anomaly detection. My USP : I bring rich & varied experience earned from working with reputed companies, clients on diverse problems & solutions. Also, experienced in working on advanced analytics based solutions which are pre-defined, involves customizing/improving existing & developing new solutions...

Michael S.
$200/hr
  • Trophy Icon Predictive Analytics
  • Machine Learning
  • Python Numpy
  • SciPy
  • Computational Fluid Dynamics
  • Algorithm Development
  • Mathematics
  • TensorFlow
  • scikit-learn

Computational Scientist with hands-on expertise in machine learning, computer vision, time series, data analysis, mathematical modeling, computer simulations, algorithm development, and software development. ML -- computer vision: segmentation, classification, object detection, e.g., R-CNN, unet, yolo ML -- time-series: recurrent neural networks, convolutional neural networks, e.g., LSTM, GRU, CNN ML -- general: classification, regression, prediction Development of end-to-end ML pipelines: pre-processing, model development, post-processing, model evaluation, hyper-parameter turning, model deployment Applications: Medical imaging and...

Vasco B.
$90/hr
  • Trophy Icon Predictive Analytics
  • User Interface Design
  • Data Warehousing & ETL Software
  • Data Cleansing
  • Data Analytics & Visualization Software
  • Microsoft Power BI Development
  • Data Visualization
  • SQL
  • D3.js
  • ETL Pipeline
  • Microsoft Power BI
  • JavaScript
  • TypeScript
  • Microsoft Power BI Data Visualization
  • Power Query
  • UX & UI

ELITE freelancer | Specialized in data visualization and business intelligence (Power Bi & Tableau, SQL, Azure...), I will help you tell the story behind your data. // High profile client experience // I am a Business Intelligence Developer currently working in Luxembourg. I am passionate about data visualization and business intelligence. My background is in Industrial engineering with a Master's in International Business in San Francisco. These two different backgrounds allow me to design and build friendly and business-oriented dashboards to help you understand your data and make important decisions. Feel free to connect!

David O.
$78/hr
  • Trophy Icon Predictive Analytics
  • Machine Learning
  • Quantitative Analysis
  • R
  • Shiny
  • Bioinformatics
  • Statistics
  • Data Analysis
  • Data Science
  • Data Scraping
  • Data Visualization
  • R Shiny
  • ggplot2
  • Analytics
  • Forex Trading
  • API

I am an experienced data scientist who has worked in Bioinformatics and Business analytics. I build automated trading strategies in my spare time. I've been programming in R daily for over 10 years and that's where I do most of my data analysis. I have a lot of experience with machine learning and data visualizations, mainly in R and Shiny. Working in a diverse set of fields has given me experience with many different types of data and obtaining it from many different sources. Thereby making me an excellent data miner, and knowing how to transform that data efficiently.

Mark S.
$150/hr
  • Trophy Icon Predictive Analytics
  • Computer Vision
  • OpenCV
  • Python
  • Machine Learning
  • Data Science
  • Geospatial Data
  • Data Analysis
  • Digital Signal Processing
  • Algorithm Development
  • Image Processing
  • NumPy
  • SciPy
  • Tesseract OCR
  • Pattern Recognition

Algorithm developer, research scientist, and technical leader with experience in image and signal processing, data analysis, optimization, pattern recognition, and machine learning for startup companies in a variety of applications and industries. Most development performed in Python with Numpy, Scipy, OpenCV, and sklearn libraries. Generally work with early stage prototype algorithm development (getting it working, not optimizing for execution speed).

Konrad B K.
$200/hr
  • Trophy Icon Predictive Analytics
  • Business Intelligence
  • Data Analysis
  • Microsoft Excel
  • SQL
  • Python Numpy FastAI
  • Data Science
  • Tableau
  • Microsoft Power BI
  • Data Visualization
  • Analytics Plugin
  • Looker
  • Data Segmentation
  • Data Modeling

I've created $160mm in impact through analytics implementations at high-growth e-commerce organizations and F500 companies, including Public Goods, TD Ameritrade, and Bridgestone America. I believe in an agile approach and defaulting to transparency and will work with you to understand the business problem to translate it into an analytical solution that gives you answers instead of numbers. We start by quickly getting you prototypes daily and iterating based on your feedback to get to a result that you can make decisions with. BUSINESS USE CASES: - CAC Optimization & Steering Tools - Evaluation Scorecard for a company launching 80+...

Ryan M.
$125/hr
  • Trophy Icon Predictive Analytics
  • R
  • D3.js
  • Statistical Modeling
  • Researcher
  • SQL
  • Shiny
  • Machine Learning Model
  • Econometrics
  • Network Analysis
  • Data Mining
  • Data Modeling
  • Marketing Data Analytics
  • Data Analysis
  • Data Science Consultation
  • Operations Analytics

Business consultant, analyst, and software engineer for: -statistical/machine learning models (natural language processing, networks, linear regression, classification trees), -large and/or disparate data sets, performance metrics, forecasting -open source statistical programming (R and Python) -open source plotting software development (D3.js) -Many flavors of SQL and NoSQL database design and query writing for analytics and data science workflows -tabular data, spatial/GIS analysis (geoJSON) and text analysis (CNN) Recent Contracts/projects: - a full stack data science as a service Shiny app for survey analysis - a full stack data...

Abhishek R.
$44/hr
  • Trophy Icon Predictive Analytics
  • Statistics
  • Financial Modeling
  • MATLAB
  • C#
  • R
  • SQL
  • TensorFlow
  • Apache Spark
  • Shiny
  • Python
  • Recommendation System
  • Anomaly Detection

I am an Analytics Professional with 10+ years of background of analytics, modeling, Machine learning, artificial intelligence, deep learning in domains of marketing analytics, campaign modeling,financial analytics, equity valuation, financial engineering, trading algorithms and credit risk analytics with an exceptional strength in algorithms and process flow.. I am very proficient in statistical modelling, Text analysis and NLP, image processing, real time video analysis, etc. I also have a rich experience of building user friendly apps to give better visibility of business and aid Strategy & Planning. I have extensive experience in...

Muhammad Tahir S.
$45/hr
  • Trophy Icon Predictive Analytics
  • Django
  • Python
  • Flask
  • React
  • Machine Learning
  • Data Science
  • Website Development
  • Web Scraper
  • GraphQL
  • ETL Pipeline
  • Database Maintenance
  • Data Engineering
  • Automated Deployment Pipeline
  • Node.js
  • Backend Rest API

I am an experienced software developer with a degree in Computer Systems Engineering. My experience includes building everything from web applications to Artificial Intelligence-based systems with the latest technologies, mostly Python and Node JS. My communication in English is fluent, so it won't be a barrier at all. Following are the areas that I am proficient at: **** Web apps ✅ Figma/PSD to HTML ✅ Angular ✅ React JS ✅. Vue JS ✅. Django ✅ Flask ✅. FAST API ✅. HTML, CSS, Javascript, jQuery ✅. Express JS ✅. Node JS ✅ Databases (MySQL, SQLite, Postgresql, MongoDB, Firebase) ✅ Web Scraping using Selenium, Beautifulsoup, and Scrapy ✅...

Jason K.
$375/hr
  • Trophy Icon Predictive Analytics
  • Artificial Intelligence
  • Web Scraper
  • Python
  • Data Mining
  • Data Science
  • Selenium
  • Data Scraping
  • Deep Learning
  • Data Visualization
  • Machine Learning

If your project involves data, I CAN HELP, here's how: Don't have any data? I'll scrape some for you! Have data, but it's very raw? I'll clean it for you! Have data, but not sure what to do with it? I'll analyze it, provide useful insights, and create stunning visualizations! Trying to build a machine learning model? I'll use state of the art techniques to develop the best model possible!

Ana M.
$80/hr
  • Trophy Icon Predictive Analytics
  • Data Science
  • Machine Learning
  • pandas
  • Jupyter
  • Apache Spark

I hold a PhD degree in a field of applied data science and predictive modeling. I believe that data science process starts with understanding the goal and gathering all relevant information about a domain in question. I'm good at finding the best algorithm for a given data, to handle classification ,regression, clustering, supervised and unsupervised. I also have plenty of experience in defining and extracting relevant features from unstructured data and pre-processing. Basically, I deal with all sorts of challenges in transforming bytes to information and putting it into a bigger picture or business added value.

Sunil D.
$60/hr
  • Trophy Icon Predictive Analytics
  • Machine Learning
  • Python
  • Django
  • Node.js
  • React
  • Flutter
  • Web Application
  • Mobile App Development
  • Mobile App
  • Computer Vision
  • Deep Learning
  • Alexa Skill Kit
  • iOS Development
  • Android App Development
  • Natural Language Processing

✔️ Web applications - Django, Node.js, React.js, PostgreSQL, MongoDB ✔️ Mobile applications - Flutter, Java ✔️ Machine learning - Chatbots, computer vision, natural language processing I have 10+ years of experience in web apps, mobile apps, and machine learning. I've been on UpWork for over 4 years, maintaining 💯% job success rate at most times. My biggest strength is my combination of skills - product ➕ web ➕ mobile ➕ machine learning. I hold a Master's degree in Computer Science specializing in Data Science from North Carolina State University. I have worked at companies like IBM Watson and IBM Research in New York. 👉 Languages...

Erin W.
$110/hr
  • Trophy Icon Predictive Analytics
  • Data Science
  • Data Modeling
  • Data Analysis
  • Business Intelligence
  • Analytics
  • Quantitative Analysis
  • Data Mining
  • Linear Programming
  • Management Consulting
  • Business Modeling
  • R
  • Operations Research
  • Statistics
  • Statistical Analysis

My passion, skills, and experience center on the application of analytics and data modeling to help clients solve business problems and make smart decisions. I focus on the healthcare sector, but I have experience in a diverse range of industries, including retail, restaurants, real estate, auto auctions, food delivery services, subscription services, and many more. I've consulted for individuals and groups in both academia and government, and have conducted data science training seminars at the Texas Medical Center, at a large oil and gas company, and elsewhere. My bona fides: -15+ years in data analytics space -Over 7 years running a...

Shahid S.
$80/hr
  • Trophy Icon Predictive Analytics
  • CodeIgniter
  • PHP
  • jQuery
  • jQuery Mobile

If you look through my job history you will be able to see a lot of Ads automation / API integrations related projects. This is because I love automating labor-intensive tasks by writing code that is super-fast and takes care of API rate limitations. Here on Upwork, I have done $100K+ worth of projects and intend to keep delivering high-quality projects in a cost-efficient manner.

$NaN/hr

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How to Hire Top Predictive Analytics Specialists

How to hire predictive analytics experts

Predictive analytics isn’t a single skill–it’s a combination of disciplines, including statistical analysis, predictive modeling, data mining, machine learning, visualization, and more, in addition to the engineering skills that may be required to gather and process the data.

How to shortlist predictive analytics specialists

Data scientists have a number of options when it comes to programming languages and libraries. Java, R, Python, and Scala are all popular choices with a number of high-quality open-source libraries for common predictive analytics tasks, from machine learning to data mining and visualization. Which one is best for your project will depend on what your team is used to working with and what your specific goals are. Java and Python are generally thought to be best-suited to building production apps, while R is favored for heavy-duty analytics work. Scala is increasingly popular, especially with teams who need a highly scalable language and who work with Apache Spark.

You might also look for proficiency with business intelligence (BI) tools that support some degree of predictive analytics. Three of the most popular options include:

  • Tableau, a BI and analytics platform that specializes in rich visualizations. It can connect to literally hundreds of different data sources, including Excel, SAP, Salesforce, SQL databases, AWS, JSON files, Google Analytics, and more.
  • Microsoft Power BI, a cost-effective and scalable BI tool. It lacks some of the analytics and visualization capabilities that Tableau has, but it boasts more complete R integrations, as well as real-time streaming capabilities. As a Microsoft product, it also plays well with Excel and Microsoft Azure, which could be a big advantage for certain enterprise teams.
  • QlikView is an analytics-focused tool that also comes with robust API support. Unlike other analytics platforms, Qlikview processes data using system RAM. By processing data “in-memory,” QlikView is able to achieve much greater speeds than systems built on traditional relational databases.

Predictive analytics FAQs

What is predictive analytics?

At its heart, predictive analytics is about using historical data to make predictions. Your credit score is a good example of predictive analytics in everyday life. That score is based on your past credit history and is used to predict how likely you are to repay your debts. While predictive analytics has been used for decades in the financial services industry, it’s only just recently become an important tool in other industries. The advancement of data collection and processing technologies has made it possible to apply predictive analytics to nearly every aspect of business, from logistics to sales to HR.

Related Services: Web Analytics Services

Why hire predictive analytics experts?

When organizations want to make data-driven predictions about future events, they rely on predictive analytics. Driven by the explosion of big data, predictive analytics is fast becoming an important part of many industries and functions.

While predictive analytics has been used for years in financial services, it’s now an integral part of many industries and businesses. The massive increase in data collection abilities coupled with the widespread availability of commodity hardware are the two trends that have made the spread of predictive modeling a reality.

Common applications

  • Customer Relationship Management (CRM). Using a combination of regression analysis and clustering techniques, CRM tools can separate your customers into cohorts based on their demographics and where they are in the customer lifecycle, allowing you to target your marketing efforts in ways that are most likely to be effective.
  • Detecting outliers and fraud. Where most predictive analytics applications look for underlying patterns, anomaly detection looks for items that stick out. Financial services have been using it to detect fraud for years, but the same statistical techniques are useful for other applications as well, including medical and pharmaceutical research.
  • Anticipating demand. Now retailers are able to anonymized search data to predict sales of a given product down to the regional level. Amazon has even patented a process it calls “anticipatory shipping,” which aims to ship products it expects customers to buy before they’ve even placed an order.
  • Improving processes. For manufacturers, energy producers, and other businesses that rely on complex and sensitive machinery, predictive analytics can improve efficiency by anticipating what machines and parts are likely to require maintenance. Using historical performance data and real-time sensor data, these predictive models can improve performance and reduce downtime while helping to avert the kinds of major work stoppages that can occur when major systems unexpectedly fail.
  • Building recommendation engines. Personalized recommendations are relied on by streaming services, online retailers, dating services, and others to increase user loyalty and engagement.
  • Improving time-to-hire and retention. Even HR departments are beginning to use predictive analytics to improve their hiring and management policies. Companies can use data from the HR systems to optimize their hiring process and identify successful candidates who might be overlooked by human screeners.
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