predictive analytics in telecom


Are telecom companies ready for predictive analytics?

    Telecom companies are in an interesting position. On one hand, they are already in possession of huge amounts of customer data siloed in their systems. On the other, most players still struggle to operationalize and transform that data into meaningful insights. Predictive analytics in the telecom industry is at a nascent stage.

What is predictive analytic technology?

    With a substantial degree of accuracy, predictive analytic technology will produce potential insights. Any company can now use past and current data to accurately forecast patterns and behaviors in milliseconds, days, or years into the future with the help of advanced predictive analytic software and models.

How can predictive analytics and business intelligence help electric utilities?

    Predictive analytics and business intelligence can help electric utilities control and avoid asset failures, outages and penalties: Intelligence from IoT assets, smart grids and SCADA, along with customer data, can provide critical insights into a customer’s utility usage.

What is real-time analytics in telecommunications?

    Real-time analytics combines the data related to customer profiles, network, location, traffic, and usage to create a 360-degree user-centric view of the product or service. It also captures and analyzes the interaction and communication between the customers. The telecommunication sphere belongs to highly competitive industries.
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