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Standards in Predictive Analytics


James Taylor, CEO, Decision Management Solutions
Standards play a central role in creating an ecosystem that supports current and future needs for broad, real-time use of predictive analytics in an era of Big Data.
 
Just a few years ago it was common to develop a predictive analytic model using a single proprietary tool against a sample of structured data. This would then be applied in batch, storing scores for future use in a database or data warehouse. Recently this model has been disrupted.