Top 10 Predictive Analytics Consulting/Services Companies - 2018
The impact of predictive analytics is profound across various sectors and is helping companies identify valuable customers, underpin the factors that result in effective decision-making, and optimize ROI. By leveraging data mining, artificial intelligence, and machine learning capabilities, companies can now better target their most valuable audiences by personalizing products according to trends and anticipating the changes that the market might sustain in the future. The technology also uses propensity models to determine the next move of the end-users. For instance, the financial sector is leveraging predictive analytics to determine the risk factor of a loan applicant based on credit scores. Similarly, the marketing sector is using the technology to empower brands with insights on the changing customer behavior, customer segmentation and inclination toward certain trends.
However, assuming that buying predictive analytics solutions off-the-shelf will not provide the complete answer for an organization’s requirements. Gaining insightful information from terabytes of structured and unstructured data spread across several departments within an organization can be quite cumbersome. Unifying various corporate silos and processing it as a unit can be quite challenging for a company. It requires people with the necessary expertise and business acumen to successfully implement a predictive analytics solution. To bridge this gap, companies need to choose expert consultants proficient in data analytics, AI, and machine learning to provide the optimum solution as per business requirements.
The predictive analytics technology ecosystem is filled with countless consultants. As the search for newer and better solutions continues, selecting the right one can be quite cumbersome for a CIO navigating the predictive analytics landscape. Our distinguished selection panel, comprising CEOs, CIOs, CTOs, industry analysts and the editorial board of CIOReview narrowed the final 10 predictive analytics consultants or service providers that exhibit competence in delivering the best-in-class predictive models.
We present to you CIOReview’s ‘10 Most Promising Predictive Analytics Consulting/Services Companies-2018’.