Caret is an R package containing a set of functions that attempt to streamline the process of creating predictive models.
Caret is an R package. The name is an acronym for Classification And REgression Training. It is a set of functions that attempt to streamline the process of creating predictive models. It provides a standardized interface to several of R's machine-learning packages, along with utilities for training-data and plotting.
The official description of the package is:
Misc functions for training and plotting classification and regression models.
There is more information about caret at RDocumentation or at RBloggers. At Stackoverflow there is also a longer list with material and resources.
Important note: The stackoverflow tag for the R Package caret is r-caret, while the crossvalidated tag is caret.