Assisted Predictive Modeling: The Word ‘Assisted’ is the Key!
Assisted predictive modeling! The term sounds complex and intimidating, doesn’t it? But nothing could be further from the truth. The word ‘assisted’ is the key! It is true that without the skills and knowledge of a data scientist or a business analyst, predictive analysis can be a daunting task.
The right predictive analysis tools do not require the use to employ complex algorithms or data manipulation. Predictive Analysis Software should provide auto-recommendations for algorithms to explore underlying data without advanced knowledge and no advanced data science skills required. With predictive analytics software allows business users to prototype and hypothesize without assistance and to analyze, share and optimize business potential.