Preface

Predictive analytics discovers hidden patterns from structured and unstructured data for automated decision making in business intelligence. Predictive decisions are becoming a huge trend worldwide, catering to wide industry sectors by predicting which decisions are more likely to give maximum results. Data mining, statistics, and machine learning allow users to discover predictive intelligence by uncovering patterns and showing the relationship between structured and unstructured data.

Machine learning is concerned with algorithms that transform raw data into information and then into actionable intelligence. This fact makes machine learning well suited to the predictive analytics. Without machine learning, therefore, it would be nearly impossible to keep up with these massive streams of information altogether.