Predictive Analytics on Cloud: Major Drivers
Predictive analytics can easily mine and turn a large volume of data into valuable business insights. This requires organizations to build statistical predictive modeling systems that demands significant time and resources with niche skill sets. It’s just a matter of time that organizations start realizing and moving their predictive and statistical analytic systems onto the cloud.
Drivers for cloud are not just dealing with big data, niche skills, and time it takes to build the system, but also the volume of consumer’s behavioral information that is available online, which can help in building a full proof predictive modeling system.
When you plan to build and deploy a predictive model, one of the major bottle necks would be to convert your data into a format that facilitates building and deploying predictive models, The transformation of data however is often a series of database operations (group by, join, where clauses), Numerical…
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