Insurance: Clarified and improved risk management in regards to
both personnel and clientele
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Transportation: Easier identification of concerning behavior of
drivers, resulting in the avoidance of thousands of citations and arrests,
as well as the saving of millions of dollars in accident-related damages
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Healthcare: More accurate and effective diagnoses and assignments
of surgeries or treatments by doctors; more intimate doctor-patient
relationships; more lives saved as a result of more accurate and
appropriate treatment plans
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Retail: Significant increase in number of returning customers
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Real Estate: Easier identification of popular property packages
amongst potential homebuyers; pinpointing most profitable rental
properties based on renters’ monetary, geographical, and family needs
It is evident that predictive analytics has revolutionized operations across
many industries. In the coming years, the prospective market will
dramatically grow as more and more positive results are achieved and
recognized through innovative companies making inventive use of it.