| |JULY 20236CIOReviewAcross industries, predictive analytics is rapidly turning out to be a highly valuable asset for businesses looking to maintain their competitive edge. Companies are increasingly using predictive models for forecasting inventory, developing credit risk models based on historical data, and managing resources, leading to a growth in the market for predictive analytics solutions.On that note, the latest market analysis reports forecast global predictive analytics market to be worth $44.3 billion in 2030, witnessing prolific growth at a CAGR of 18.5 percent during the forecast period. The market growth is predominantly due to the increasing demand for real-time analytics and data-driven decision-making. The emerging adoption of big data, AI, and cloud technologies among businesses pushes revenue streams, fueling the market statistics.This edition of CIOReview brings forth the most influential developments in the predictive analytics landscape. It sheds light on how organizations are using past and current complex data to reliably forecast trends and behaviors with a high degree of accuracy to optimize business decisions and increase revenue.The edition features thought leadership articles from Ed Chen, associate director of growth marketing analytics at HelloFresh, who highlights the art of understanding and optimizing business performance through predictive analytics. It also brings invaluable insights from Michael Cavaretta, analytics executive of manufacturing at Ford Motor Company, who speaks about the significance of taking proactive business measures by analyzing historical data and identifying patterns.We hope this edition helps you find the ideal predictive analytics solution providers that will help identify potential outcomes and make the task of decision-making simpler for organizations.Let us know your thoughts!EditorialTransforming Data into Future Insights Copyright © 2023 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.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com July - 16 - 2023, Vol 12, Issue - 62 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersDean WinchesterShirley FaithVisualizersSaurav SinghJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsRussell Thomas
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