Data-Driven Contracts: The Ultimate Predictive Analytics Roadmap - PART-2

In continuation to Part-1 of this article where we explored stages from Data Collection & Integration to Feature Engineering, here is the Part-2 where we would delve Model Building, Predictive Analysis and so on. This article covers the topic in a very brief way and there is so much more depth to the analytics that we can get into.

Let's again have a look at the structured approach to achieve this:

PART-2 - MODEL BUILDING TO CONTINUOUS IMPROVEMENT:

By following such a structured approach, organizations can leverage advanced analytics to predict outcomes and trends in contract performance, enabling more informed decision-making and proactive management of contracts.