Hype Cycle

A)Predictive Analytics: Predictive analytics encompasses a variety of techniques from statistics, modeling, machine learning, and data mining that analyze current and historical facts to make predictions about future, or otherwise unknown, events.

Advantages:

* Predictive analytics is used in actuarial science, marketing, financial services, insurance, telecommunications, retail, travel, healthcare, pharmaceuticals and other fields.

Applications:

* 3.1 Analytical customer relationship management (CRM)

* 3.2 Clinical decision support systems

* 3.3 Collection analytics

* 3.4 Cross-sell

* 3.5 Customer retention

* 3.6 Direct marketing

* 3.7 Fraud detection

* 3.8 Portfolio, product or economy-level prediction

* 3.9 Risk management

* 3.10 Underwriting

B) Speech Recognition: Speech recognition (SR) is the translation of spoken words into text.

Applications :

* 1.1 Healthcare

* 1.2 Military

* 1.2.1 High-performance fighter aircraft

* 1.2.2 Helicopters

* 1.2.3 Training air traffic controllers

* 1.3 Telephony and other domains

C) Consumer Telematics typically is any integrated use of telecommunications and informatics, also known as ICT (Information and Communications Technology).

Applications :Hence the application of telematics is with any of the following:

* The technology of sending, receiving and storing information via telecommunication devices in conjunction with affecting control on remote objects.

* The integrated use of telecommunications and informatics, for application in vehicles and with control of vehicles on the move.

* Most narrowly, the term has evolved to refer to the use of such systems within road vehicles, in which case the term vehicle telematics may be used for following things

* 3.1 Vehicle tracking

* 3.2 Trailer tracking

* 3.3 Container tracking

* 3.4 Cold store

* 3.5 Fleet management

* 3.6 Satellite navigation...