Cover image for Understanding the Predictive Analytics Lifecycle.
Understanding the Predictive Analytics Lifecycle.
Title:
Understanding the Predictive Analytics Lifecycle.
Author:
Cordoba, Alberto.
ISBN:
9781118938935
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (240 pages)
Series:
Wiley and SAS Business Series
Contents:
Understanding the Predictive Analytics Life Cycle -- Copyright -- Wiley & SAS Business Series -- Contents -- Foreword -- Preface -- Acknowledgments -- Chapter 1: Problem Identification and Definition -- Importance of Clear Business Objectives -- Office Politics -- Note -- Chapter 2: Design and Build -- Managing Phase -- Planning Phase -- Delivery Phase -- Note -- Chapter 3: Data Acquisition -- Data: The Fuel for Analytics -- A Data Scientist's Job -- Note -- Chapter 4: Exploration and Reporting -- Visualization -- Cloud Reporting -- Chapter 5: Modeling -- Churn Model -- Risk Scoring Model -- Note -- Chapter 6: Actionable Analytics -- Digital Asset Management -- Social Media -- Chapter 7: Feedback -- What the Different Software Components Should Do -- Forecast Software Features -- Product Inventory Optimization Software Engine Features -- Business Intelligence Software Features -- Data Integration Software Features -- Data Mining Software Features -- Note -- Conclusion -- Appendix: Useful Questions -- Bibliography -- About the Author -- Index -- End User License Agreement.
Abstract:
A high-level, informal look at the different stages of the predictive analytics cycle Understanding the Predictive Analytics Lifecycle covers each phase of the development of a predictive analytics initiative. Through the use of illuminating case studies across a range of industries that include banking, megaresorts, mobile operators, healthcare, manufacturing, and retail, the book successfully illustrates each phase of the predictive analytics cycle to create a playbook for future projects. Predictive business analytics involves a wide variety of inputs that include individuals' skills, technologies, tools, and processes. To create a successful analytics program or project to gain forward-looking insight into making business decisions and actions, all of these factors must properly align. The book focuses on developing new insights and understanding business performance based on extensive use of data, statistical and quantitative analysis, explanatory and predictive modeling, and fact-based management as input for human decisions. The book includes: An overview of all relevant phases: design, prepare, explore, model, communicate, and measure Coverage of the stages of the predictive analytics cycle across different industries and countries A chapter dedicated to each of the phases of the development of a predictive initiative A comprehensive overview of the entire analytic process lifecycle If you're an executive looking to understand the predictive analytics lifecycle, this is a must-read resource and reference guide.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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