oboloo

oboloo Glossary

Machine Learning Predictive Analysis

oboloo Glossary

Machine Learning Predictive Analysis

Machine Learning Predictive Analysis is the process of using data-driven algorithms to accurately forecast future trends, events, or outcomes. The goal of this type of analysis is to enable businesses to plan ahead, identify possible risks and opportunities, and develop strategies to maximize success and reduce unwanted surprises. Machine learning predictive analysis takes the guesswork out of forecasting by leveraging data for more accurate predictions – giving businesses a competitive edge.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971