IBM Big Data Hub

SEPTEMBER 19, 2023

Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. An electrical engineer can use prescriptive analytics to digitally design and test out various electrical systems to see expected energy output and predict the eventual lifespan of the system’s components.

Data Science 76

Data Science Data Analytics Prescriptive Analytics Analytics 76

Birst BI

OCTOBER 30, 2018

Today, the most common usage of business intelligence is for the production of descriptive analytics. . Descriptive Analytics: Valuable but limited insights into historical behavior. The vast majority of financial services companies use the data within their applications for what is called “ Descriptive Analytics.”

Predictive Analytics 73

Predictive Analytics Descriptive Analytics Analytics Metrics 73

Sisense

JUNE 30, 2020

Broadly, there are three types of analytics: descriptive , prescriptive , and predictive. The simplest type, descriptive analytics , describes something that has already happened and suggests its root causes. Visualizations: past, present, and future.

Visualization 93

Visualization Analytics Dashboards Data-driven 93

Cloudera

MARCH 2, 2018

In a next step, the broader adoption of data analysis techniques and tools has the potential to help nonprofits increase their programmatic impact as well as identify completely new ways of achieving their mission. Gain improved intelligence on operating context and needs through expanded use of descriptive analytics techniques.

Data-driven 43

Data-driven Prescriptive Analytics Machine Learning Descriptive Analytics 43

Smarten

NOVEMBER 26, 2023

TechTarget defines business intelligence this way: ‘Business intelligence (BI) is a technology-driven process for analyzing data and delivering actionable information that helps executives, managers and workers make informed business decisions.’ or What is happening?

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

Jet Global

MAY 1, 2023

These sit on top of data warehouses that are strictly governed by IT departments. The role of traditional BI platforms is to collect data from various business systems. Predictive, the Up but Not Coming Over time, analytics grow and level up. Diagnostic Analytics: No longer just describing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52