Francesco Gadaleta explains that in the last few years three factors have resulted in predictive analytics is easier and more accessible today than it was until few years ago. Why you can leverage it at a reduced cost and exceeding performances.
a) Availability of data has skyrocket even for small companies
b) Hardware and processing power can now handle Petabytes of data simply and cheaply
c) Cloud and access to large scale continued computation gives everyone access to computational resources similar to what Google has.
Machine learning, Deep learning, Data interconnection and data augmentation are additional factors that Francesco Gadaleta explains in the following video.
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