Predictive Analytics in the Cloud

Recent research from www.information-management.com suggests that Predictive Analytics in the cloud computing is becoming more and more mainstream. Approximately two thirds of organizations surveyed this year responded that they have seen a positive impact from Predictive Analytics. Furthermore, approximately the same amount of respondents answered that they are utilizing Predictive Analytics within the cloud and have current deployments or implementations of Predictive Analytics scheduled within the next twelve months.

The two biggest factors driving this growth in Predictive Analytics are price affordability and the demand for “big data”.  On top of the big data issue, there is additional demand for real time actionable data, or as some have referred to, the “velocity of data”. For more information on Predictive Analytics in the cloud and its overall growing role in cloud computing, here is James Taylor, CEO of Decision Management Solutions, article “Predictive Analytics in the Cloud: Research Results”.

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