AI-enabled Solutions enhance the value of operations in any industry. They extract valuable insights from collected data through machine-learning algorithms. These algorithms are, first, trained in the data, the machine-learning stage, and then predict an outcome of cases correlated to the ones leaned and seeded as the foundation.

Predictive analytics encompasses a variety of statistical techniques from predictive modeling, machine learning, and data mining that analyze current and historical facts, making predictions about future or otherwise unknown events.

In business, predictive models exploit patterns found in historical and transactional data to identify risks and opportunities. Models capture relationships among many factors to allow assessment of risk or a potential associated with particular set of conditions, guiding decision making for candidate transactions.

Softlab360 has developed, maintained and integrated our AI machine-learning platform into customer solutions.