In today’s business world big data and artificial intelligence (AI) are shaping the business process rapidly and playing a critical role in business intelligence decision making. With the evolution of artificial intelligence (AI) and cognitive computing with big data as the feed, companies can attain real-time insights into the latest business trends and consumer behavior to gain a competitive advantage over others.

Businesses are increasingly using predictive analytics modelling to foresee outcomes, thanks to big data. They are employing different types of predictive analytics models and algorithms to redefine business strategies.

https://www.analyticsinsight.net/predictive-analytics-models-and-algorithms-describing-the-types/