Although I agree that PA is conceptually a wider body of work than MA, rarely have I seen organizations treat it as a separate function or an enterprise level function. We typically see PA fall into a functional area within the organization and not…
Predictive analytics consists of the more substantive theoretical and methodological applications of statistical analyses of quantitative and qualitative data guided by a general conceptual framework and operational objectives. Often, predictive ana…
Jaap Vink that is pretty much how i always looked at it as well. i hope more people comment on this and then a strong understanding will come forward for all concerned
Jamie
Predictive Analytics is used in a wider range of applications besides marketing. The key to PA is the cross over from different business processes f.e. using credit & fraud models in marketing applicatons as well. If you look at the original definit…
I think about marketing analytics as being a larger body of analytics. Predictive analytics is a subset of work within our larger marketing analytics initiatives.
Jamie - we use Clementine extensively for CRM analytics. If you can share some more context around what your class is about, areas you cover, etc. I can probably share some relevant perspectives. You can send me a note directly at mattwro@yahoo.com.
Marketing Analytics is very much different from predictive analytics in that, the area of concentration is more customer focused, based on future consumer behavior which has many latent components involved.
I have just ordered clementine from spss to teach my MBA students in a few weeks. Can anyone share any tips and tricks I can use when I get the software package?
I have just ordered clementine from spss to teach my MBA students in a few weeks. Can anyone share any tips and tricks I can use when I get the software package?
thanks a lot! i did it is up and running. they now call it pasw modeler 13. it is pretty staright forward and very powerful. Thanks a lot for your concern
Hi Dr Jamie Plesant: Nice to meet you. I am familiar with SPSS but not with the clementine part. May be becasue I have not had the chance to use it recently. Good luck with it. I may want to know your experience with it.
Dr. Kunle Adamson