|

Looking Forward: The Occasional Pitfalls of Predictive Analytics

NO RATINGS
View comments: newest first | oldest first | threaded
Susan Fourtané
User Rank
Blogger
Predictive analytics
Susan Fourtané   1/9/2015 3:47:01 PM
NO RATINGS

In today's business world you rarely find a stable environment. However, this doesn't mean that predictive analytics will never work in the case of a disruption. First, it depends on the disruption and second, it depends on the time line. 

Of course, if you are taking as example the case of computer vendors in the 80s you can't expect that they were going to predict sales impact as far as 30+ years in the future. Big data analytics didn't even exist as we know it today. Predictive analytics works best within reasonable periods of time. 

-Susan



More Blogs from Frank Cavallaro
As electronics OEMs evolve their products, its important to consider what we are going to do with obsolete electronics as consumers spend on newer offerings.
As the industry creates new electronics products, and new iterations of designs, it behooves us to look at how products are handled at end of life.
The proliferation of counterfeit electronic parts in the military supply chain is a well-publicized problem. One preventative method the DoD seems to be gravitating toward is advanced authenticating technologies. Here’s a look at what they’ve tried and recent contracts awarded by the Defense Advanced Research Projects Agency that indicate where they might be heading.
Flexibility is key to business success, especially in manufacturing. These three pillars of operational flexibility can put an organization on the road to success.
As Uber’s robot-trucking division is engulfed by legal troubles, several startups are poised to reinvent the freight business. Starsky Robotics, Embark, and Drive.ai all recently unveiled detailed plans regarding the next phases of their technologies. Which strategy will prove successful?
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.