Glossary

How Virtualitics Enables Organizations to Use Survival Models

Virtualitics enhances the use of Survival Models by providing a platform that visualizes and analyzes complex survival data in an intuitive, interactive manner.

Lookahead Analysis in the Virtualitics IRO Mx application allows users to simulate usage time across a variety of assets and predict future needs for optimal planning and risk assessment capabilities. Virtualitics also integrates advanced machine learning algorithms, allowing you to build more accurate and explainable survival models.

Through these capabilities, Virtualitics enables you to make data-driven decisions with greater confidence. For instance, you can use survival models to optimize maintenance schedules, explore customer retention, or improve patient outcomes by tailoring treatment plans based on predicted survival times. 

By making these models more accessible and understandable, Virtualitics helps you leverage survival analysis to gain a competitive edge and achieve better results.