Who We Are
Right now, to leverage one of the most powerful new technologies of our age, you need an advanced data science team and $250,000. Even then it will take 3 months to get to a point where their analysis can deliver value to your operation.
Farrago AI builds products that empower organisations to use predictive analytics in hours for a tiny fraction of the cost.
The workshop aims to deliver 4 things to the community:
- A foundational understanding of the principles of predictive analytics
- Instil excitement about the opportunity to apply predictive analytics to real problems
- Appreciate the increasing affordability of the most disruptive technology since the internet
- Build your organisation’s first predictive model using Farrago
- 1 hour of your time
- Access to some data (we often start with non sensitive stuff to reduce paperwork)
- Access to someone who knows the data well
We break our workshop into four sections:
1. What is predictive analytics?
Predictive analytics is a subset of technology commonly referred to as artificial Intelligence (AI). This often conjures up images of The Terminator and Skynet…
Rather than a post apocalyptic future we want you to think of AI as a tool to make predictions.
2. What is the opportunity for your organisation?
There are lots of types of predictive analytics and almost limitless ways to apply it. We take the time to understand your business and then work with you to see where it makes sense to be applied. Successful application of requires answering a few basics such as:
Does existing data have the potential to deliver good predictions?
What needs to be done to prepare the data for use?
Once these are understood we take you through the mechanics of applying analytics to make predictions. Which leads us into…
3. Building your first predictive model!
We will work with you to produce a working model in the workshop. We believe this is more than a trend and the best way to help people understand that is to see artificial intelligence in action.
4. The next steps
This is about empowering you to take the rest of your organisation on a journey around applying predictive analytics. We provide you with documents that you can share internally about what you have done and help you map out your next steps.
Predictive Analytics Workshop
Learn how to leverage predictive analytics for your business today