{"id":1353,"date":"2015-10-23T12:11:05","date_gmt":"2015-10-23T16:11:05","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=1353"},"modified":"2016-09-29T11:24:32","modified_gmt":"2016-09-29T15:24:32","slug":"video-forrester-analyst-reveals-fundamentals-of-predictive-analytics","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/","title":{"rendered":"Video: Forrester Analyst Reveals Fundamentals of Predictive Analytics"},"content":{"rendered":"<p><a href=\"https:\/\/www.youtube.com\/watch?v=IqJ2CQTLzZk\">https:\/\/www.youtube.com\/watch?v=IqJ2CQTLzZk<\/a><\/p>\n<p style=\"text-align: justify\">In this video, <a href=\"https:\/\/solutionsreview.com\/business-intelligence\/forrester-the-top-6-steps-to-do-analytics\/\" target=\"_blank\">Forrester<\/a>&#8216;s Principal Analyst Mike Gualteri\u00a0reveals the fundamentals of Predictive Analytics that every Business Intelligence professional and technology leader needs to know. The topic is presented in a fashion which is easy to understand, and the speaker even does so with a bit of humor. The speech goes deep enough into the topic of Predictive Analytics that it is a recommended watch even for those who already work in the field of data science.<\/p>\n<p style=\"text-align: justify\">Those who do not already have experience in using analytics tools seem to have been indoctrinated with the idea that the simple application of these practices will yield immediate, actionable results. This is not the case, as explained by Gualtieri, when he notes: &#8220;predictive models are good for probabilities, not absolutes.&#8221; He then proves this, showing a screen which would have us believe that the 99 percent correlation between Maine&#8217;s divorce rate and consumption of margarine in the United States is somehow connected. You&#8217;ll probably want to avoid building a predictive model around that one.<\/p>\n<p style=\"text-align: justify\">If you&#8217;ve got 40 minutes to get your learn on, click the play button.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/business-intelligence\/forrester-releases-new-wave-study-on-big-data-and-analytics\/\" target=\"_blank\">Click here to see what Forrester had to say about the current state of Big Data and Analytics in their 2015 Wave Study.<\/a><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/business-intelligence\/get-a-free-business-intelligence-software-buyers-guide\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1299 alignleft\" src=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2015\/08\/oie_181705gy7IHDar.gif\" alt=\"BI Guide 3 Column\" width=\"39\" height=\"34\" \/><\/a><\/p>\n<h3>Check out these additional resources:<\/h3>\n<p style=\"text-align: center\"><div class=\"box box0\"><div class=\"column one-third\"><strong><a href=\"https:\/\/solutionsreview.com\/business-intelligence\/get-a-free-business-intelligence-software-buyers-guide\/\" target=\"_blank\">2016 Business Intelligence and Data Analytics Buyer\u2019s Guide<\/a><\/strong><a href=\"https:\/\/solutionsreview.com\/business-intelligence\/get-a-free-business-intelligence-software-buyers-guide\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-145 \" src=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2016\/01\/oie_transparent.png\" alt=\"BI_Data Analytics_Buyers_Guide_Cover_350\" width=\"181\" height=\"150\" \/><\/a><\/div><\/p>\n<p style=\"text-align: center\"><div class=\"column one-third\"><strong><a href=\"https:\/\/solutionsreview.com\/business-intelligence\/buyers-matrix-report-business-intelligence-solutions\/\">BI and Data Analytics Buyer\u2019s Matrix: Comparing 28 Vendors Features<\/a><br \/>\n<\/strong><a href=\"https:\/\/solutionsreview.com\/business-intelligence\/buyers-matrix-report-business-intelligence-solutions\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-599 \" src=\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2015\/06\/BI_Buyers_Matrix_Report_Transparent-235x203.png\" alt=\"Business Intelligence Solutions Buyers Matrix Comparison\" width=\"174\" height=\"150\" \/><\/a><\/div><\/p>\n<p style=\"text-align: center\"><div class=\"column one-third last\"><a href=\"https:\/\/www.pentaho.com\/resources\/gartner-magic-quadrant-business-intelligence-analytics-platforms-2016\"><strong>Gartner Magic Quadrant for Enterprise BI and Data Analytics<\/strong><\/a><br \/>\n<a href=\"https:\/\/www.pentaho.com\/resources\/gartner-magic-quadrant-business-intelligence-analytics-platforms-2016\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-535\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2016\/06\/Gartner-IDaaS-Magic-Quadrant.png\" alt=\"Gartner Magic Quadrant Enterprise Business Intelligence\" width=\"139\" height=\"150\" \/><\/a><\/div><div class=\"clear\"><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this video, Forrester&#8216;s Principal Analyst Mike Gualteri\u00a0reveals the fundamentals of Predictive Analytics that every Business Intelligence professional and technology leader needs to know. The topic is presented in a fashion which is easy to understand, and the speaker even does so with a bit of humor. The speech goes deep enough into the topic [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":1355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[83,137,227,138,81],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Video: Forrester Analyst Reveals Fundamentals of Predictive Analytics<\/title>\n<meta name=\"description\" content=\"Forrester analyst Mike Gualtieri reveals the fundamentals of Predictive Analytics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim King\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/\",\"name\":\"Video: Forrester Analyst Reveals Fundamentals of Predictive Analytics\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2015\/10\/oie_23181936ZFZ5JVEW.jpg\",\"datePublished\":\"2015-10-23T16:11:05+00:00\",\"dateModified\":\"2016-09-29T15:24:32+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#\/schema\/person\/154e152a275103e373e24ada7f2feb5c\"},\"description\":\"Forrester analyst Mike Gualtieri reveals the fundamentals of Predictive Analytics.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2015\/10\/oie_23181936ZFZ5JVEW.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/business-intelligence\/files\/2015\/10\/oie_23181936ZFZ5JVEW.jpg\",\"width\":600,\"height\":270},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/video-forrester-analyst-reveals-fundamentals-of-predictive-analytics\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/business-intelligence\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Video: Forrester Analyst Reveals Fundamentals of Predictive Analytics\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/business-intelligence\/#website\",\"url\":\"https:\/\/solutionsreview.com\/business-intelligence\/\",\"name\":\"Business Intelligence &amp; 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