Directions and possibilities of predictive analytics in managing the development of single-industry towns

The purpose of the article is to analyze the possibilities of using predicative analytics in managing the development of single-industry towns (a) to substantiate the trends in the modernization of single-industry economies, (b) to develop, monitor, and correct projects for diversification, and (c) to form and development of advanced social and economic development (TASED) territories in single-industry towns. To determine the possibility of using predicative (predictive) analytics in the management of single-industry cities, the authors consider the main problems associated with the development and implementation of strategies and programs for the development of mono-profile settlements. In addition, they determine possible directions and possibilities of using predictive analytics (in aggregate, for example, with foresight) in managing the development of single-industry towns: developing and improving state programs to support single-industry towns; forming a strategy for smart specialization; selecting priorities for innovative development; searching for sources of a unique strategy of a single-industry town; foreseeing innovative changes; managing risks of implementing strategies and programs; developing TASED, managing technical risks of enterprises. The authors made a preliminary choice of possible predictors. The results of the research can be helpful in developing the regional economy in terms of tools
for long-term planning and forecasting the transformation of economies and societies of single-industry towns.