7 Best Predictive Analytics Tools

businessman using predictive analytics tools|Customer Happiness Index is one of the best predictive analytics tools|Dreamdata is one of the best predictive analytics tools|Elmo Software is one of the best predictive analytics tools|GiniMachine is one of the best predictive analytics tools|An illustration showing how API works and how data is transmitted to predictive analytic tools|iAuditor as one of the best predictive analytics tools|Splunk Enterprise is one of the best predictive analytics tools|Tableu is one of the best predictive analytics tools

Why use SafetyCulture?

SafetyCulture is a comprehensive and intuitive data collection, organization, and storage technology trusted by leading companies. This app is best for all industries for safety, security, quality control, and operations.

How to Use SafetyCulture as Your Predictive Analytics Tools

  1. Convert an existing paper checklist or create one from scratch.
  2. You can now use your digital form anywhere using your mobile phone or tablet even while offline. You can also distribute the form to the appropriate personnel through the SafetyCulture form app.
  3. Once completed, the data from the digital form is automatically uploaded to the cloud to serve as your backup. These data can be viewed through analytics dashboards which allow users to visualize and make better sense of the data gathered. If your inspection or assessment was done offline, the data will automatically sync the next time you connect to the internet.
  4. You can generate digital reports of your completed forms even while offline. These reports can also be distributed automatically to select personnel once a form or template is successfully completed. Reports can be exported in various formats for distribution.
  5. Lastly, SafetyCulture form builder seamlessly integrates with external Business Intelligence tools such as Tableau, Power BI, and Excel Online to automate your workflow each time a form is completed.

Why use DreamData?

Dreamdata is a business-to-business (B2B) revenue attribution platform that enables you to create, replicate, and scale success. Dreamdata’s technology collects, joins, and cleans all revenue-related data in order to deliver transparent, actionable analysis of the factors that drive B2B revenue. This enables businesses to perform and comprehend B2B attribution, advertiser lifetime value (LTV), monitor content ROI, benchmark growth, forecast revenue, and decide which scaling strategies to pursue next.  This solution is best for businesses with 50 to 500 people that have lengthy sales cycles, several stakeholders participating in negotiations, and rely on digital platforms for progress.

Features:

  • Integrations to Mailchimp, Salesforce Sales Cloud, Stripe, HubSpot CRM, Calendly, Facebook for Business, Linkedin for Business, Twitter, Intercom, Pipedrive, and many others
  • API
  • Reporting/analytics
  • Campaign management
  • Campaign analytics
  • Customer journey mapping
  • Performance metrics
  • Conversion rate optimization
  • Benchmarking

Why use Customer Happiness Index?

Customer Happiness Index is a cloud-based predictive analytics platform that enables businesses in the telecom, banking, and retail industries to predict customer satisfaction levels using net promoter scores (NPS).  This app is best for businesses in telecommunications, banking, and finance retail.

Features:

  • Data visualization
  • Reporting/analytics
  • Data import/export
  • API
  • Search/filter
  • Reporting & statistics
  • Third party integrations
  • Real time analytics

Why use Tableau?

Tableau is a business intelligence & analytics platform that helps people and organizations become more data-driven. This is best for organizations in a variety of industries, including communications and media, high technology, banking, sports management, energy and resources, insurance, healthcare, and manufacturing.

Features:

  • Integrations to Salesforce Sales Cloud, SurveyMonkey, Google Analytics 360, Asana, ClickUp, Procore, and many others
  • API
  • Data visualization
  • Reporting/analytics
  • Data import/export
  • Visual analytics
  • Search/filter
  • Reporting & statistics
  • Dashboard

Why use GiniMachine?

GiniMachine is a predictive analytics software with risk scoring models and credit scoring software designed to help financial institutions streamline consumer and business lending by leveraging artificial intelligence and machine learning technologies.  This software is best for alternative and traditional lenders of all sizes and types.

Features:

  • API
  • Data visualization
  • Reporting/analytics
  • Data import/export
  • Visual analytics
  • Reporting & statistics
  • Activity dashboard
  • Performance metrics

Why use Splunk Enterprise?

Splunk Enterprise is a cloud-based platform that enables enterprises to manage big data and analyze machine data.  This app is best for organizations worldwide that want to create real-time business impact using their data; Solutions for IT, security, internet of things (IoT), and business operations.

Features:

  • Integrations to Microsoft excel, Dropbox business, Google cloud platform, Tableau, Malwarebytes endpoint protection, Okta, Amazon S3, Sisense, and many others
  • API
  • Reporting/analytics
  • Access controls/permissions
  • Third party integrations
  • Activity dashboard
  • Monitoring
  • Reporting & statistics
  • Alerts/notifications

Why use ELMO?

ELMO is Australia and New Zealand’s only comprehensive cloud human resource management, payroll, and staffing/attendance solution. It gives businesses a single provider, a single dashboard, and a single user experience. ELMO Predictive People Analytics uses cutting-edge artificial intelligence (AI) and machine learning technology to construct models that predict future business-impacting events—such as determining employee flight risks at the individual, departmental, and organizational levels. ELMO is best for HR, payroll and finance professionals, business owners and C-suite executives who are looking to automate and streamline their operations to reduce pain points around managing people, process, and pay.

Features:

  • Integrations to Xero and Turnpoint
  • API
  • Alerts/notifications
  • Third party integrations
  • Employee database
  • Reporting/analytics
  • Reporting & statistics
  • Self service portal
  • Activity dashboard

What are Predictive Analytics Tools?

Predictive analytics tools use data mining from a variety of sources in connection with statistical techniques such as regression, classification, and clustering algorithms which forecasts the most likely outcome for a business/organization. These are tools that enable businesses to develop strategies that will benefit their bottomline. Gain competitive advantage, strategize, and find new revenue opportunities for your business with these top predictive analytics tools.

Predictive analytics is used in practically every industry: retail for estimating sales and segmenting customers; entertainment for recommending material to users; and healthcare for predicting disease spread. 

These predictive analytics tools streamline and automate processes such as data mining, creating profiles, identifying the factors that contribute to certain outcome predictions, and generating a measure of probability. Supporting these tools is the API integration feature that can help businesses in the accurate and seamless collection and transfer of structured and unstructured data between different platforms. 

What is API?

An API ,or Application Program Interface, is the technology that makes a website’s data digestible for a computer. Integrating predictive analytics with API makes data integration and visualization easier. Through it, a machine can see and update data, much the way a person can by loading websites and completing forms. There are more opportunities created by APIs due to making data more accessible—healthcare, government, and manufacturing are just a few of the industries that now provide more accessible data through APIs.An illustration showing how API works and how data is transmitted to predictive analytic tools

Although SafetyCulture performs a bit differently from  predictive analytics technologies, it can be a great supporting tool as it eliminates manual tasks and it can assist in proactively addressing and improving operational issues. It can also provide the following benefits:

  • SafetyCulture collects precise data such as time stamps, specific locations, response sets, and user profiles used for predictive analytics tools.
  • Data from Sensors, which is used to respond to set triggers and provide notification, can also be used to collect data used in predictive analytics.
  • SafetyCulture data is automatically categorized and saved in the cloud, and it can flow effortlessly to predictive analytics tools through API integration.

Try SafetyCulture now!

SafetyCulture Content Team
Article by
SafetyCulture Content Team
The SafetyCulture content team is dedicated to providing high-quality, easy-to-understand information to help readers understand complex topics and improve workplace safety and quality. Our team of writers have extensive experience at producing articles for different fields such as safety, quality, health, and compliance.