Predictive analytics, a fundamental aspect of data driven decision making assists companies to predict trends, optimize operations and reduce risks. The growing significance of predictive analytics in present day company decision making has led to the deployment of Power BI and other Business Intelligence tools. Organizations understanding and response to predictive insights are being transformed by contemporary visualization tools such as Power BI, Tableau etc.. This article analyzes the primary developments in predictive analytics and highlights the steps for visualizing predictive analytics using visualization tool and thereby encompasses the efficiency of data visualization in predictive analytics. Companies can enhance decision making in industries like health care, supply chain administration and finance by making use of advanced analytics features to transform predictive insights into feasible options.

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Trends in Predictive Analytics Using Data Visualization Tool

  • Deenu Nadayil,
  • Aasha,
  • N. V. Suresh,
  • T. D. Shashi Kiran

摘要

Predictive analytics, a fundamental aspect of data driven decision making assists companies to predict trends, optimize operations and reduce risks. The growing significance of predictive analytics in present day company decision making has led to the deployment of Power BI and other Business Intelligence tools. Organizations understanding and response to predictive insights are being transformed by contemporary visualization tools such as Power BI, Tableau etc.. This article analyzes the primary developments in predictive analytics and highlights the steps for visualizing predictive analytics using visualization tool and thereby encompasses the efficiency of data visualization in predictive analytics. Companies can enhance decision making in industries like health care, supply chain administration and finance by making use of advanced analytics features to transform predictive insights into feasible options.