Predictive Analytics Solutions Development
Predictive analytics is the form of advanced analytics used for making predictions using historical data combined with statistical modeling, data mining techniques and machine learning. Predictive analytics software comprises data science and machine learning techniques and approaches needed to solve any business issue. Some modeling techniques use initial predictive learning to make additional predictive insights. Osiz helps in predictive analytics software development services for our clients to acquire the most suitable solutions and implement tailored tools to address their business needs.
Our Predictive Analytics Services & Solutions
Predictive Analytics Consulting
We offer consulting with you to determine how your ML product could be improved and enriched with our predictive analytics services.
Predictive Analytics Software Development
We assist you in developing an advanced and innovative custom solution based on a proprietary model making the development easier and less costly.
Machine Learning Model Development
Our team of machine learning experts help you to create a fully-automated model to address your business needs.
Features of Our Predictive Analytics Solution
Churn prediction
Our solution detects and reasons for customer churn, and optimize your retention strategy.
Smart recommendations
Our software delivers personalized product suggestions to maximize cross-selling and upselling for product exposure.
LTV modeling
Our solution predicts customer value to accurately identify target audience and nurture long-term relationships.
Demand forecasting
The solution we offer anticipate demand fluctuations to eliminate inventory shortages and decrease operational costs.
Financial risks forecasting
Our software predicts the creditworthiness of your contractors to minimize the probability of loss.
Pricing personalization
Our team builds software optimizing pricing strategies and adjust prices in real-time based on customers shopping patterns.
Predictive maintenance
Our solution accurately predicts equipment failures to reduce breakdowns, increase productivity and reduce maintenance costs.
Predictive segmentation
Predictive analytics solution predicts customers preference according to their repeat purchase, abandon a shopping cart, or stop buying from you with marketing campaigns.
Benefits of Predictive Analytics Software
Security
With our combination of automation and predictive analytics, specific patterns associated with suspicious unusual end user behavior can trigger security procedures.
Risk reduction
Companies can use predictive analytics to better understand the credit use in data analytics whether their business is adequate.
Operational efficiency
Our solution makes more efficient workflows which is translated to improved profit margins.
Improved decision making
With our combination of automation and predictive analytics, specific patterns associated with suspicious unusual end user behavior can trigger security procedures.
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Banking
Financial sector uses machine learning and quantitative tools to make predictions about customers, making banks to target resources with the information to answer questions.
Healthcare
Predictive analytics in healthcare are used in detecting and managing the care of chronically ill patients, tracking specific infections to mine health records.
Human resources
HR teams use predictive analytics and employee survey metrics to match prospective job applicants, reducing recruiting costs and increasing employee engagement.
Marketing & sales
Churn predictions enable sales teams to identify dissatisfied clients, enabling them to initiate conversations to promote retention.
Supply chain
Businesses use predictive analytics to manage product inventory and set pricing strategies, enabling them to assess cost and return on products over time.
Real estate
Predictive analytics uses property value prediction to build occupancy forecasting with identification of buyers and sellers.
Our Predictive Analytics Software Development Process
Define the Problem
We clearly articulate the business by identifying stakeholders and their requirements for the predictive analytics project.
Data Extraction
We identify relevant data sources, collect and integrate data from various systems, ensuring data quality and address any inconsistencies.
Exploratory Data Analysis
We perform initial data visualization and statistical analysis, formulating initial hypotheses based on data insights
Data Modeling
Our team of experts select appropriate predictive modeling techniques, validating and refining models using test data.
Action
We implement the predictive models into business processes, training relevant personnel on using the predictive insights.
Value
Our professionals measure the impact of predictive analytics on continuous monitoring, identifying new opportunities for predictive analytics applications.
Why choose Osiz ?
Osiz, the esteemed predictive analytics software development company leverages all major programming languages and platforms available on the market as an updated platform. Our specialists develop predictive analytics solutions from scratch and can take up your project at any stage, from solution planning and analysis to its deployment. We render long-term support services for the implemented solutions, ensuring a more reliable decision-making process. With our predictive analytics services, you can add artificial intelligence driven features to your business, getting valuable insights from data. We have 15+ years of experience in industry with a team of 500+ experts who can customize your solutions as per business needs. We aggregate feedback and information on how people use the solution, detecting usage patterns, protecting your data assets by implementing data security policies like dynamic data masking, end-to-end data encryption, etc. We offer a free demo of predictive analytics software capabilities and advanced technologies used here.
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