About this paper
It all started with direct mail. Today, we connect with customers online and offline, and the information businesses collect has increased exponentially. The volume, velocity, variety and complexity of all this information has created the era of what experts call “big data.” Predictive analytics help harness this influx of information and use it to create a competitive advantage. This paper defines predictive analytics, then details ways this type of analytics can be applied to marketing, risk, operations and more. It also includes information relevant to a wide variety of industries – from manufacturing to hospitals.
SAS is the leader in analytics. Through innovative analytics, business intelligence and data management software and services, SAS helps customers at more than 83,000 sites make better decisions faster. Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.