Predictive software

Concept and definition

Predictive software

What is Predictive software?

Predictive software is a type of software that uses machine learning algorithms to analyse data and make predictions or estimates about future behaviour or outcomes based on that data. It can be used in a variety of areas, such as sales forecasting, financial market analysis, fraud detection and health data analysis. Predictive software relies on statistical and mathematical models to make predictions, and can be useful for making informed decisions in real time.

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