English to Ukrainian Tech/Engineering Computers: Software

At its simplest, this is predicting what will happen next based on data about what has happened previously. In the Big Data age, because there is more data around than ever before, predictions are becoming more and more accurate. Predictive modelling is a core component of most Big Data initiatives, which are formulated to help us choose the course of action which will lead to the most desirable outcome. The speed of modern computers and the volume of data available means that predictions can be made based on a huge number of variables, allowing an ever-increasing number of variables to be assessed for the probability that it will lead to success.