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Predictive Analytics: Wave of The Future
Here's a buzz phrase I like: predictive analytics. People like to have opinions and make choices. Computers like to churn data. Put the two together, add some salt, and sometimes you get systems that can predict human behavior. But that's not the coolest part.
The accompanying article goes into detail about how this can be used for marketing, insurance, customer loyalty programs and more. But what if software could help predict when projects will go badly? Instead of spending $5 million, wouldn't it be nice to catch that money before it was wasted, early in the process?
This is the promise of the MAT -- automatic mentoring, monitoring, and feedback to management long before the alarm bell rings and the work goes up in smoke.
I could go into more detail, but I'm not trying to make a plug. Instead, I'm trying to point out that the other buzz word, convergence, can mean a lot more than a TV that makes phone calls. It can also mean computer systems that start acting in an interactive manner with knowledge workers. Pretty heady stuff, but that's where we're going.
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