Title: SPSS Predictive Data Analytics| SPSS Data Analysis Services - Statswork
1SPSS PREDICTIVE ANALYTICS
An Academic presentation by Dr. Nancy Agens,
Head, Technical Operations, Statswork
Group www.statswork.com Email info_at_statswork.com
2TODAY'S DISCUSSION
Outline SPSS Five Ways in SPSS Predictive
Analytics Conclusion
3SPSS
Statistical Package for the Social Sciences
(SPSS) permits users virtually in any trade to
ascertain into the long run. It is a component of
IBMs Business Analytics portfolio and works
seamlessly with Cognos, the worlds 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
4https//www.ironsidegroup.com/2012/10/09/ibm-spss-
predictive-analytics-an-overview/
5FIVE WAYS IN SPSS PREDICTIVE ANALYTICS
6ENHANCING ONLINE REVENUE PROJECTIONS
2 DIMINISHING EXTRAORDINARY EXPENSES Predictive
analytics will facilitate lower a range of
prices by detective work wherever
underperformance is probably going to
occur. Within the health care business, as an
example, hospitals are subjected to reduce
health care payments if their patient admission
rates are high. By victimization, predictive
analytics to spot that patients are possibly to
possess post- discharge issues, hospitals will
offer further care and directions to at-risk
patients and doubtless save several greenbacks.
1
SPSS predictive analytics will facilitate online
retailers to determine the positioning methods
presumably to steer to a buying deal or an
abandoned cart. Knowing a client which doubly as
doubtless to shop for if he or she clicks on two
product reviews will inform not merely the
brand's approach to website style, however its
entire revenue model.
73 ENHANCE CUSTOMER SATISFACTION
4 BOOST SUPPLY-CHAIN EFFICIENCY
- With SPSS predictive analytics, selling will
section and tailor offerings to match client
needs center agents will up-sell and cross-sell
product customers - want for 60 minutes professionals will target
and recruit more-qualified candidates. - All increasing, however, the corporate
effectively works with its customers.
Predictive analytics will take the vast amounts
of information from location systems and create
period forecasts of once and wherever
merchandise area unit probably to sell out or
not move the least bit. Guaranteeing that
standard merchandise area unit forever available
keeps customers happy, too.
85 RETHINKING LABOR PRICES
- Predictive analytics will use information from
meters to forecast that customers can have high
bills that month. - This may be accustomed to boost client
satisfaction by alerting households regarding
high bills before they arrive. - Predictive analytics can't solely facilitate
finance groups project revenue a lot of
accurately, however they'll conjointly predict
labor prices at decision centres.
9SPSS predictive analytics offers potential edges
to each company.
Conclusion
There are predictive analytics solutions for all
shapes and sizes of budget and varied different
applications.
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