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Organizations are rapidly adopting predictive analytics tools and models for reliable data predictions on trends and behaviours every second into the future. Predictive analytics helps businesses do a structured analysis of quantitative data to identify, explore, and determine relevant data.
According to a report, the Predictive Analytics Market valued at USD 7.21 Billion in 2019 and is projected to reach USD 32.51 Billion by 2027, growing at a CAGR of 22.35% from 2020 to 2027. Predictive Analytics harnessed by AI capabilities will enable organizations to transform how their business operates.
The Predictive Analytics platform by Virtusa leverages structured and unstructured data to predict future events. Virtusa enables organizations with a more innovative data-driven ecosystem with experience in hybrid cloud deployments, modern predictive techniques, and tools.
Our predictive analytics platforms around trends, pricing decisions, fraud risk, and customer attrition helps organizations to increase business agility, make the right decision at the right time, optimize cost, and improve customer experience.