Advanced Analytics comprises a versatile repertoire of advanced computer-based analytical methods. Data relevant to your business is systemically evaluated by intelligent algorithms. The patterns and trends contained therein can thus be identified and recorded in the form of mathematical models. These analytical methods range from descriptive and inductive statistical methods and exploratory data visualisation to powerful machine learning algorithms for clustering, anomaly detection, regression and association analyses, as well as classification methods.
With Advanced Analytics, you can use models to automatically identify patterns and correlations in your data, enabling you to forecast future events with their respective probabilities. These unprecedented insights into your data and the forecasts derived from them enable you to react today.