SAP BusinessObjects Predictive Analytics allows us to create, deploy, and maintain statistical models and data mining solutions, with which we can get insights on our data to make predictions of future events.
It enables users to perform time series forecasting, outlier detection, trend analysis, classification analysis, segmentation analysis, and affinity analysis, to name but a few of the multiple types of analysis it offers. The analysis is coupled with visualization techniques so as to help users create a story with the help of charts and decision trees. In addition, it also offers various analytical algorithms (namely, predictive) as out of the box and supports the use of R open source statistical analysis.
There are many overlapping terms in the area of SAP Predictive Analytics but our focus will be more on data mining...