| | DECEMBER 20186CIOReviewPredictive analysis has become the lifeblood of businesses but extracting useful insights from terabytes of datasets can be quite cumbersome for businesses to the point that data termed as a priceless asset may not seem so valuable. From stock markets to clinical researches, institutions and business of all sizes rely on predictive modeling to mitigate the risk of investment or outcome of a prognosis, develop new products, and undertake marketing schemes. The technology based on advance algorithm makes predictions by processing historical and current data, market condition, and consumer behavior. It is hard to deny the merits of predictive analysis, nonetheless, CIOs must draw up a data strategy and prepare their staff to navigate machine learning seamlessly. In the long run, this will prevent them from falling for the false promises made by machine learning or predictive modeling vendors. However, predictive analytics supported by artificial intelligence and machine learning are taking on a notoriously difficult task of predicting the next financial crisis. This helps businesses to prepare for such scenarios by predicting trends, demands, economic anomalies, and pricing models. Another emerging application of predictive modeling is to predict the turns a non-transparent business or entity might take in future. Through data science and predictive analysis, governments and business can combat financial frauds, counteract terrorism, and prevent cybercrime.In the wake of such exciting innovations in the predictive analysis ecosystem, putting together this edition has been an interesting journey for us. In this edition of CIOReview, we present to you a list of companies that are transforming the predictive analytics landscape with next-generation solutions. We hope this edition will provide you with the right assistance in choosing the best-in-class solution for your requirements.Please share your thoughts with us.Jeevan George Managing Editoreditor@cioreview.comEditorialPredictive Analytics: Introducing the new `It' TechnologyCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewDECEMBER - 2018Contact Us:Phone:510-556-2402Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com DECEMBER - 2018, Vol 07 SE 84 Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffSalesAaron PierceCarolynn WaltersJustin SmithKuheli Biswas Shirley FaithRussell ThomasJoe Martinjoe@cioreview.comVisualizersIssac GeorgeJohn GouthamManaging EditorJeevan GeorgePREDICTIVE ANALYTICS SPECIAL*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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