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WEEK 6:

BEST WAYS IN SOLVING


PROBLEM USING
PREDICTIVE ANALYTICS
BALUBAR | CRUZ | CACHUELA | DE GUZMAN
BSBA MM 4-2
It helps to identify the
STEP 1: questions that solves critical
business needs
Start With the
PADS Predictive questions should
Framework be measurable and clear
value
P reventing problems
identifying the problem before it actually happen

A ssisting human
It helps to recommend actions for members to resolve the problem

D etecting problems
Other related problems can be address

S treamlining services
Resource allocation is perfect example for predictive analytics
You need a dataset that can generate

STEP 2: insights.

Use both historical data.


Select and
Prepare your
data You can use a time filter on the
historical data and a last-day or last-
week to predict on new data.
CONSIDER THESE FACTORS
WHEN CHOOSING YOUR
DATABASE:

Data Data
Volume Scalability
Data Volume
Traditional databases such as SQL Server, Oracle, PostGres,
and MySQL can easily cope with datasets of around a
terabyte in size.
Data Volume
If your dataset takes a jump in scale, think thousands of
terabytes of petabytes.
Use a different database such as Amazon Redshift, Google
BigQuery, Snowflake, or a Hadoop-based solution.
Data Scalability
Most organizations start by scaling vertically - adding
more CPU or RAM to an existing machine.
You can also partition the data so different clusters
handle data for different sets of customers.
Scale horizontally by creating and clustering replicas of
the database.
NoSQL databases such as Cassandra and Mongo DB are
good at scaling horizontally by distributing where the
data is saved.
Don't wait too long to involve the

STEP 3:
stakeholders and other departments
in your organization.

Start with your organization's


Involve stakeholders, including any executives
or team leaders who will need to buy
others. into the project.

Time to consider who will actually be


the end users of your predictive
analytics application.
"If they don't like working with what you've created,
they could kill it because it's too complicated to put
into production and impossible to maintain over
time."
Classification Model

STEP 4: Clustering Model

Run Your Forecast Model


Predictive
Analytics Outliers Model
Models
Time Series Model
Step 5:
Close the Gap between
Insights & Ac
STEP 6:
Build Prototypes

A prototype is a valuable tool in the


product development process. It gives
the inventor or the creator a chance to
see their idea come to life.
STEP 7:
Iterate Regularly

stay aware of
continuously new
engage predictive
with testing incorporate analytics
group feedback features in the
market
Thank you!

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