Tableau BrandVoice: How The Power Of Predictive Analytics Can Transform Business

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With growing, diverse data sets being collected, the analytics use cases to transform data into valuable insights are growing just as fast. Sponsored by tableau

With this in mind, plus observations and discussions with many Tableau customers and partners, it seems that today’s circumstances, behaviors, and needs make it the right time for predictive data analytics to help businesses and their people solve problems effectively. Current realities and barriers to scale smarter decision-making with AI

Until now, using artificial intelligence , machine learning , and other statistical methods to solve business problems was mostly the domain of data scientists. Many organizations have small data science teams focused on specific, mission-critical, and highly scalable problems, but those teams usually have a long project list to handle. At the same time though, there are a large number of business decisions that rely on experience, knowledge, and data—and that would.

Increasing the likelihood of producing successful models with more exploration of use cases by domain experts Reducing time and costs spent on deploying and integrating models Sales and marketing departments can apply it to lead scoring, opportunity scoring, predicting time to close, and many other CRM-related cases. Manufacturers and retailers can use it to help with supply chain distribution and optimization, forecasting consumer demand, and exploring adding new products to their mix. Human resources can use it to assess the likelihood of candidates accepting an offer, and how they can adjust salary and benefits to meet a candidate’s values.

 

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