Predictive Analytics Use Case: Maintenance Management!

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May 15, 2019

Businesses do not want to be surprised by downtime, equipment failure or the cost of unanticipated equipment replacement. If the enterprise can anticipate the need for equipment maintenance and downtime, it can plan more effectively for product output, resource requirements … Continued

Predictive Analytics Use Case: Demand Planning!

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May 14, 2019

If a business wishes to optimize inventory, production and supply, it must have a comprehensive demand planning process; one that can forecast for customer segment growth, seasonality, planned product discounting or sales, bundling of products, etc. In order to predict … Continued

Predictive Analytics Use Case: Customer Churn Analysis!

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May 13, 2019

Every business understands the importance of acquiring and sustaining its customer base. In a competitive, global economy, even the smaller local businesses can lose customers to competitors on the other side of the world. The cost of acquiring a new … Continued