Capterra Glossary
Predictive Modeling Solutions
Predictive modeling solutions are software programs that use data from past events to predict future outcomes.
What Small and Midsize Businesses Need to Know About Predictive Modeling Solutions
SMBs can use predictive modeling software tools to forecast their sales and revenue projections based on current trends, analyze customer buying habits, predict which products will sell best during certain seasons or months of the year, etc.
Related Terms
- Synchronous
- Software as a Service (SaaS)
- Intranet
- Security Orchestration, Automation and Response (SOAR)
- Identity and Access Management (IAM)
- Managed Service Provider (MSP)
- Haptics
- WAN (Wide-Area Network)
- Service-oriented Architecture (SOA)
- Augmented Reality (AR)
- Chief Information Officer (CIO)
- Security Information and Event Management (SIEM)
- Platform as a Service (PaaS)
- Service-Level Agreement (SLA)
- Scalability
- Data Center
- Authorization
- Multitenancy