10/09/2013

Tampa BI User Group Meeting on Predictive Analytics

This Monday was the Tampa BI User Group meeting.

Jen Underwood gave a great presentation on Predictive analytics.

You can build your model in Microsoft Excel using the Data Mining plug in.  The data gets imported to Excel, formatted to be a table, then you build the Model.

There are plenty of Algorithms to choose from, depending on your clients needs

Once your Model is built, it gets deployed to Analysis Server.

You can run SQL like queries against the Model, SELECT statements with WHERE clauses with additional syntax.  These queries work in SSRS reports by the way.

Jen pointed out that you can train the model, run iterations over time to refine the numbers to produce results and Visualizations for the client.

It was an informative, upbeat presentation and I learned a lot of new things about Predictive Analytics. 

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