Predictive Modeling

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What Does Predictive Modeling Mean?

Predictive modeling is a process through which a future outcome or behavior is predicted based on the past and current data at hand.

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It is a statistical analysis technique that enables the evaluation and calculation of the probability of certain results related to software, systems or an entire IT environment.

Techopedia Explains Predictive Modeling

Predictive modeling works by collecting data, creating a statistical model and applying probabilistic techniques to guess/predict the likely outcome. In IT, predictive modeling is used to evaluate and identify future trends related to a specific technology domain. For example, software usage statistics can be analyzed to predict future use trends. Moreover, predictive modeling is used on live systems to evaluate and make changes to the underlying system when fulfilling user and business demands.

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Margaret Rouse
Technology expert
Margaret Rouse
Technology expert

Margaret is an award-winning writer and educator known for her ability to explain complex technical topics to a non-technical business audience. Over the past twenty years, her IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles in the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret’s idea of ​​a fun day is to help IT and business professionals to learn to speak each other’s highly specialized languages.