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More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Predictive analytics is often considered a type of “advanced analytics,” and frequently depends on machine learning and/or deeplearning.
As we have already said, the challenge for companies is to extract value from data, and to do so it is necessary to have the best visualization tools. Over time, it is true that artificial intelligence and deeplearning models will be help process these massive amounts of data (in fact, this is already being done in some fields).
Streaming Analytics – Analyze millions of streams of data in real-time using advanced techniques such as aggregations, time-based windowing, content-filtering etc., to generate key insights and actionable intelligence for predictive and prescriptiveanalytics. He is a prolific speaker, blogger, and a weekend coder.
Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of dataanalytics from descriptive to prescriptive. Analytic Evolution in Enterprise Performance Management. This is known as prescriptiveanalytics. advanced analytics.
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