Industry-Specific Applications That Work
Predictive analytics isn’t one-size-fits-all—its power lies in adapting to the unique challenges of each industry to deliver precise, impactful solutions.
Retail & E-commerce
Retailers deal with unpredictable customer behaviour, shifting trends, and inventory management issues daily. Predictive analytics can make these variables manageable.
- Churn Detection Models: Identify customers who are at risk of leaving, giving you time to re-engage them with targeted offers.
- Inventory Demand Forecasting: Avoid overstocking or shortages by predicting demand based on historical sales data, seasonal patterns, and external factors like market trends.
- Personalised Recommendations: Algorithms like collaborative filtering ensure customers see products they’re most likely to purchase, increasing average order values.
