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"The role of R, Hadoop and PMML in the mainstreaming of predictive analytics"

Standards in Predictive Analytics:The Role of R, Hadoop and PMML

Standards in Predictive Analytics:The Role of R, Hadoop and PMML

White Paper:

Predictive analytic Standards are playing a central role in creating ecosystem that supports current and future needs for broad, real time use of predictive analytics in the era of big data.

Predictive analytic standards help organizations institutionalize predictive analytics by simplifying user experience in turn enhancing adoption, encouraging utilization and establishing a culture of insight driven decision making at all levels.

Predictive analytics is becoming the mainstream of most companies, most organizations making it as a part of their overall organization. 

This descriptive whitepaper mainly focus on three important insights of standards in predictive analytics:

• The rate of R in broadening the predictive analytics ecosystem
• The role of Hadoop in handling big data for predictive analytics
• The role of PMML in moving to real time predictive analytics

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What is

What is Analytics ?

Analytics is the process of obtaining an optimal and realistic decision based on examining existing data, typically large sets of business data, with the aid of mathematics, statistics, specialized systems and software. In the last few years use of analytical methods to extract useful insights from data have gained immediate importance and has helped several companies improve their business performances.

What is Hadoop ?

Hadoop is a data storage programming open source frame work, developed using java language and is sponsored by Apache Software. Hadoop was developed by Doug Cutting and Mike Cafarella for the support distribution of nutch search engine project. Hadoop act as the back bone for big data operations. It helps in storing and analyzing the larger data sets. Hadoop applications help all kind of industry such as retail, marketing and finance as well. Hadoop is designed to run on a large number of machin

What is Predictive Analytics ?

Predictive Analytics is a branch of advanced analytics that employs a variety of statistical techniques such as data mining and modeling, machine learning, statistics, and artificial intelligence. These techniques analyze the historical and current data in order to make forecasts about future or unknown events. Predictive models are used in the business field to identify opportunities and risks by observing patterns found in the transactional and historical data.

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