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Volume 27, Issue 3

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December 26, 2013

How Much Can Predictive Analytics Help Business Continuity?

If you can see what will happen in the future, you can take steps to prepare for it – or avoid it, or even change it. That’s the promise of predictive analytics, a topic that naturally interests business continuity managers. While there’s no guarantee of exact predictions, predictive analytics can indicate change patterns and emerging trends. Sensibly constructed models can show areas of combined high uncertainty and influence, where particular attention should be paid in preparing to ensure continuity. However, predictive analytics as such fall short in two areas related to business continuity: one of them can be ‘fixed’ by using a similar approach, whereas the other cannot.

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http://www.opscentre.com.au/blog/how-much-can-predictive-analytics-help-business-continuity/