What is Predictive Analytics?
Predictive analytics is the art of exploring historic data in order to discover reasons to explain the current business situation and thus help predict future results.
It utilizes a variety of statistical methods and data mining to make predictions based on historic data.
One widely used programming language for data mining and statistical analysis is called R. It was created by Ross Ihaka and Robert Gentlemen at the University of Auckland.
R is integrated in Jedox Suite and can be used through web or Excel interface.
With more than 30 years experience in international positions in various industries we can certainly contribute a lot to identify the business drivers out of your raw data. In addition, Holistic Analytics mathematical expertise will ensure the correct interpretation of the analysed data.
As a business user, you receive fast, simple and flexible access to all relevant corporate information using Jedox´s powerful and user friendly Suite. The intuitive Excel integration allows high performance ad-hoc analysis with drill downs, roll-up and slice & dice capabilities.
In addition, Jedox´s unique GPU based OLAP accelerator guarantees fast analysis even for big data environments.