SPSS PREDICTIVEANALYTICSAn Academic presentation by Dr. Nancy Agens, Head, Technical Operations, StatsworkGroup  www.statswork.comEmail: info@statswork.com

SPSS

Five Ways in SPSS Predictive Analytics

Conclusion

Outline

TODAY'S DISCUSSION

SPSSStatistical Package for the Social Sciences (SPSS) permits users virtually in any trade to ascertain

into the long run.

It is a component of IBM’s Business Analytics portfolio and works seamlessly with Cognos, the

world’s business intelligence tool.

SPSS attracts on a robust reserve of algorithms to research data, similarly as newly-captured

information to modify smarter choices and improve outcomes.

Once integrated with Cognos, completely different levels of users — from executives to

analysts — will see dynamic game reports, scorecards, and different visuals on their desktops

or mobile applications

https://www.ironsidegroup.com/2012/10/09/ibm-spss-predictive-analytics-an-overview/

FIVE WAYS IN SPSS PREDICTIVE ANALYTICS

SPSS predictive analytics will facilitateonline retailers to determine thepositioning methods presumably tosteer to a buying deal or anabandoned cart. Knowing a client which doubly asdoubtless to shop for if he or sheclicks on two product reviews willinform not merely the brand'sapproach to website style, however itsentire revenue model.

ENHANCING ONLINE REVENUEPROJECTIONS

Predictive analytics will facilitate lower arange of prices by detective work whereverunderperformance is probably going tooccur. Within the health care business, as anexample, hospitals are subjected to reducehealth care payments if their patientadmission rates are high.By victimization, predictive analytics to spotthat patients are possibly to possess post-discharge issues, hospitals will offer furthercare and directions to at-risk patients anddoubtless save several greenbacks.

DIMINISHING EXTRAORDINARYEXPENSES

1 2

With SPSS predictive analytics, sellingwill section and tailor offerings to matchclient needs; center agents will up-selland cross-sell product customerswant for; 60 minutes professionals willtarget and recruit more-qualifiedcandidates.

All increasing, however, thecorporate effectively works with itscustomers.

ENHANCE CUSTOMER SATISFACTION

Predictive analytics will take the vastamounts of information from locationsystems and create period forecasts ofonce and wherever merchandise area unitprobably to sell out or not move the leastbit.

Guaranteeing that standard merchandisearea unit forever available keepscustomers happy, too.

BOOST SUPPLY-CHAIN EFFICIENCY3 4

Predictive analytics will use information from meters to forecast that customerscan have high bills that month.

This may be accustomed to boost client satisfaction by alerting householdsregarding high bills before they arrive.

Predictive analytics can't solely facilitate finance groups project revenue a lot ofaccurately, however they'll conjointly predict labor prices at decision centres.

RETHINKING LABOR PRICES5

SPSS predictive analytics offers potential edges to eachcompany.

There are predictive analytics solutions for all shapesand sizes of budget and varied different applications.

Conclusion

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