Advanced predictive analytics: Centuries old, but essential to ensuring safe and intelligent operation of complex engineered systems

© shutterstock/ Yurchanka Siarhei

Predictive analytics, in the broadest definition, is a branch of advanced analytics that uses available information and models to make predictions about future events. As such, it is forward-looking, using past events to anticipate the future, considering inherent uncertainties, and often using probability to codify such uncertainties.

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