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We have previously talked about the role of predictiveanalytics in helping solve crimes. Fortunately, machine learning and predictiveanalytics technology can also help on the other side of the equation. PredictiveAnalytics and Big Data Assists with Criminal Justice Reform.
One such critical area pertains to IntellectualProperty (IP) laws. A prime example is the healthcare sector, where big data aids in predictiveanalytics for disease trends and personalized medicine. It’s the analytical processes involving specific hardware or software where IP laws come into play.
You can use predictiveanalytics tools to anticipate different events that could occur. Businesses that rely on the uniqueness of their intellectualproperty face risks in working with suppliers, who might sell that IP, counterfeit goods or otherwise dilute the market with similar products. Google Cloud author Matt A.V.
There are several ways that predictiveanalytics is helping organizations prepare for these challenges: Predictiveanalytics models are helping organizations develop risk scoring algorithms. Predictiveanalytics technology is helpful for both.
Blackstone and KKR have both made waves establishing funds targeted at acquiring intellectualproperty in media verticals , in line with the global surge in streaming platforms’ popularity. . Ensuring that analysts are focusing time on high-value activities is an emphasis for players throughout the PE space.
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