Submission Deadline: 30 November 2021 (closed) View: 112
Predictive data analytics is a promising and innovative research field that comprises a huge number of statistical techniques from soft computing, machine learning, statistics, and data mining that analyze current and historical data to make predictions about unknown future events. Soft Computing and Machine Learning are focused approaches used in predictive data analytics.
Soft computing is the collection of various computational method that comprises of fuzzy logic, neural network, neuro-fuzzy, probabilistic and evolutionary computing.These techniques are specially designed to deals with the imprecise, uncertain and difficult problems. Machine Learning is totally based on Artificial Neural Networks.
Machine Learning techniques have become increasingly popular in conducting predictive analytics due to their outstanding performances in handling large data sets It can be successfully applied in several domains likes health care, cloud computing, software quality, fault and defect prediction etc.
Soft Computing and Machine learning will fit the predictive analytics using various techniques in a very efficient way by replacing all the other methods and produce forecasts as accurate as or better than those available from other statistical methods. Predictive analytics machine learning and soft computing go hand-in-hand, as predictive models typically include a machine learning algorithm and neural networks. Neural networks are a specific set of algorithms that have revolutionized machine learning. Predictive modeling largely overlaps with the field of machine learning and soft computing.