IoT
Author
 Neil Raden

Profile of Neil Raden

News & Commentary Posts: 60
Articles by Neil Raden
posted in February 2007

Models Take the Danger Out of Prediction

2/28/2007
Predictive modeling isn't a crystal ball, and despite the efforts of Business Objects, Hyperion, Microstrategy and SAS to get predictive modeling into mainstream BI tools, there are many other reasons for its lack of success... Predictive modeling is different from using predictive models... Automating decisions with predictive models is a good idea, especially when those decisions are numerous and each one has a farily low risk of error.

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