AbsolutData develops predictive modelling tech
New Delhi, June 6 (UNI) AbsolutData Technologies Inc, a market research and analytical Knowledge Process Outsourcing (KPO), today announced it has developed a new generation predictive modelling technology 'Survival Analysis'.
The technique is used by the medical profession to predict the chances of patients more likely to survive a particular disease, a release said.
The model was developed by the company at its Delhi facility for a media to reduce 'churn' or cancellations and withdrawals among its subscribers.
The company used statistical models that predict which subscribers are most likely to cancel their subscription and within a month's time.
The model provides applications in the high and marketing analytics for business corporations and global companies- to their immense business advantage.
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