Browse Definitions :
Definition

predictive technology

Predictive technology is a body of tools capable of discovering and analyzing patterns in data so that past behavior can be used to forecast likely future behavior. Predictive technologies, which include data mining , neural network s, and system modeling and simulation, have been applied to the study of weather systems, traffic patterns, stock markets, epidemiology, consumer behavior, and terrorist activity, and many other areas of study where there can be a significant number of variables.

Predictive technology is increasingly used for marketing purposes. Many retailers, for example, collect barcode data at their point-of-sale terminal s. The raw data can be processed to get predictions about consumer behavior for future campaigns. Amazon.com was one of the earliest online retailers to use predictive technology. The Amazon Web site compiles lists of merchandise that visitors look at and displays lists of items that customers with similar interests have bought.

Another example of predictive technology is DARPA's proposed Total Information Awareness ( TIA ) system. The TIA project's ultimate goal is to amass enormous volumes of information about individuals (this collection of data is sometimes called an individual's information signature) from all available sources, to process that data and use predictive technology to identify and avert potential terrorist activity.

This was last updated in September 2005

Continue Reading About predictive technology

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

SearchSecurity

  • GPS jamming

    GPS jamming is the process of using a frequency transmitting device to block or interfere with radio communications.

  • time-based one-time password (TOTP)

    A time-based one-time password (TOTP) is a temporary code, generated by an algorithm, for use in authenticating access to ...

  • Security Operations Center (SOC)

    A security operations center (SOC) is a command center facility for a team of IT professionals with expertise in information ...

SearchHealthIT

SearchDisasterRecovery

  • disaster recovery team

    A disaster recovery team is a group of individuals focused on planning, implementing, maintaining, auditing and testing an ...

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

  • business continuity software

    Business continuity software is an application or suite designed to make business continuity planning/business continuity ...

SearchStorage

  • SSD (solid-state drive)

    An SSD (solid-state drive) is a type of nonvolatile storage media that stores persistent data on solid-state flash memory.

  • NAND flash memory

    NAND flash memory is a type of nonvolatile storage technology that does not require power to retain data.

  • storage class memory (SCM)

    Storage class memory (SCM) is a type of NAND flash that includes a power source to ensure that data won't be lost due to a system...

Close