Accurate prediction is the key point to formulate strategies for business growth. With proper analysis of the past performances, appropriate business model is required to deploy in the business process to gain competitive advantages. Achieve that strategical supremacy with all sort of domain specific applications. Either use automated model building mechanism or have complete freedom to play with parameters to attain most accurate model.
Regression model provides the value prediction while classification model caters the label predictions.
Some of the domain specific applications you can derive from the automated or customized model:
- Lead scoring (Insurance, Telecom etc.)
- Customer Churn (Telecom, E-commerce etc.)
- Employee Attrition (H R Management)
- Crop and Fertiliser Prediction (Agriculture)
- RFM & Market Basket Analysis (E-commerce)
- Disease Recognition (Healthcare)
- Exit Poll (Politics)
- Default Prediction & Credit Ratings (Finance)
- Supply Chain Management (Warehouse)
- Claim Status & Fixation of agent commission (Insurance)
- House / Car Value Prediction (Individual)
And many more ……
