IBM Big Data Hub

SEPTEMBER 11, 2018

Prescriptive analytics helps companies see where process improvements could have the biggest, most immediate impact on their bottom line.

Prescriptive Analytics 78

Prescriptive Analytics Manufacturing ROI Uncertainty 78

IBM Big Data Hub

OCTOBER 11, 2018

Prescriptive analytics offers healthcare decision makers the opportunity to influence optimal future outcomes.

Prescriptive Analytics 86

Prescriptive Analytics Analytics Optimization Technology 86

BizAcuity

AUGUST 26, 2019

This is what makes the casino industry a great use case for prescriptive analytics technologies and applications. The need for prescriptive analytics. Prescriptive analytics is the area of business analytics (BA) dedicated to finding the best course of action for a given situation.

Prescriptive Analytics 40

Prescriptive Analytics Analytics Descriptive Analytics Predictive Analytics 40

IBM Big Data Hub

AUGUST 9, 2018

As any financial services executive knows, improving business results with precise, timely decisions is much harder than it looks.

Prescriptive Analytics 87

Prescriptive Analytics Analytics IT 87

Rocket-Powered Data Science

SEPTEMBER 25, 2022

It is an insight engine, providing not only data for descriptive and diagnostic analytics applications, but also providing essential data for predictive and prescriptive analytics applications. The digital twin is more than a data collector.

Diagnostic Analytics 216

Diagnostic Analytics Prescriptive Analytics Internet of Things IoT 216

CIO Business Intelligence

OCTOBER 4, 2023

This volatility can make it hard for IT workers to decide where to focus their career development efforts, but there are at least some areas of stability in the market: despite all other changes in pay premiums, workers with AI skills and security certifications continued to reap rich rewards.

Prescriptive Analytics 135

Prescriptive Analytics IT Machine Learning Deep Learning 135

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor introduced its original AI and machine learning capabilities in 2017 in the form of Coleman, which uses its Infor AI/ML platform built on Amazon’s SageMaker to create predictive and prescriptive analytics. It also offered a chatbot that utilized Amazon Lex.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

JULY 5, 2022

Predictive analytics is the use of techniques such as statistical modeling, forecasting, and machine learning to make predictions about future outcomes. Prescriptive analytics: What do we need to do? Simplilearn adds a fourth technique : Diagnostic analytics: Why is it happening? Kaiser Permanente streamlines operations.

Business Analytics 136

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 136

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

Rocket-Powered Data Science

MARCH 19, 2021

Focus on the technologies and engineering components: e.g., sensors, monitoring, cloud-to-edge, microservices, serverless, insights-as-a-service APIs, IFTTT (IF-This-Then-That) architectures.

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

IBM Big Data Hub

NOVEMBER 20, 2019

In this blog post, we’ll share real-world stories of how decision optimization technology delivers prescriptive analytics capabilities and opens the door to operational efficiency. We will also introduce you to the IBM data science and AI platform solutions that can deliver operational efficiency that satisfies the business.

Optimization 76

Optimization Prescriptive Analytics Technology Data Science 76

CIO Business Intelligence

JUNE 7, 2022

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 deep learning.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

Cloudera

AUGUST 25, 2020

However, another type of analytics, called “prescriptive analytics”, involves simulation tools that look towards the future with a view of many potential scenarios. Prescriptive analytics provides decision-makers with thousands of potential future scenarios. To capture the importance of sequencing of events. .

Prescriptive Analytics 73

Prescriptive Analytics Technology Machine Learning Risk 73

Rocket-Powered Data Science

JULY 19, 2023

Accompanying the massive growth in sensor data (from ubiquitous IoT devices, including location-based and time-based streaming data), there have emerged some special analytics products that are growing in significance, especially in the context of innovation and insights discovery from on-prem enterprise data sources.

Data-driven 188

Data-driven Enterprise Analytics Machine Learning 188

Smarten

MAY 29, 2023

World-renowned technology analysis firm Gartner defines the role this way, ‘A citizen data scientist is a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics. ‘If

Prescriptive Analytics 52

Prescriptive Analytics Predictive Modeling Digital Transformation Business Objectives 52

Rocket-Powered Data Science

JULY 14, 2023

Along with the massive growth in sensor data (including location-based and time-based streaming data), there have emerged some special analytics categories that are growing in significance.

Analytics 166

Analytics Internet of Things Prescriptive Analytics Data Science 166

Smarten

APRIL 10, 2023

Leverage Enterprise Investments for Predictive Analytics and Gain Numerous Advantages! Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’ Why the focus on predictive analytics? It’s simple!

Predictive Analytics 52

Predictive Analytics Predictive Modeling Analytics Prescriptive Analytics 52

IBM Big Data Hub

JANUARY 25, 2024

Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms? It can be if you rely on a spreadsheet, physical asset counts or solely on condition monitoring.

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

CDW Research Hub

MARCH 22, 2019

The analytics solutions set the stage for better business outcomes by: providing a new level of data custody enabling analysis and reporting on critical information. establishing a foundation for future predictive and prescriptive analytics. empowering franchisees to use data for business decision-making, and.

Data Warehouse 66

Data Warehouse Prescriptive Analytics Statistics Big Data 66

Smarten

MAY 31, 2022

The technology research firm, Gartner has predicted that, ‘predictive and prescriptive analytics will attract 40% of net new enterprise investment in the overall business intelligence and analytics market.’

Predictive Analytics 69

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 69

IBM Big Data Hub

JULY 27, 2022

The AIOps engine is focused on addressing four key things: Descriptive analytics to show what happened in an environment. Predictive analytics to show what will happen next. Prescriptive analytics to show how to achieve or prevent the prediction. Diagnostics to show why it happened.

Prescriptive Analytics 93

Prescriptive Analytics Descriptive Analytics Data-driven Cost-Benefit 93

AWS Big Data

FEBRUARY 20, 2024

Conclusion With the emergence of requirements for predictive and prescriptive analytics based on big data, there is a growing demand for data solutions that integrate data from multiple heterogeneous data models with minimal effort.

IoT 102

IoT Analytics Prescriptive Analytics Internet of Things 102

Smarten

FEBRUARY 16, 2023

Gartner says that a Citizen Data Scientist is “a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.” This term has been around for some time and was popularized by Gartner.

Prescriptive Analytics 52

Prescriptive Analytics Statistics Consulting Metrics 52

Smart Data Collective

OCTOBER 13, 2021

Predictive analytics is an area of big data analysis that facilitates the identification of trends, exceptions and clusters of events, and all this allows forecasting future trends that affect the business. Prescriptive analytics.

Visualization 136

Visualization Cost-Benefit Big Data Prescriptive Analytics 136

CIO Business Intelligence

NOVEMBER 14, 2022

Briq is a predictive analytics and automation platform built specifically for general contractors and subcontractors in construction. It leverages data from accounting, project management, CRM, and other systems, to power AI for predictive and prescriptive analytics. Analytics, Data Science

Data mining 144

Data mining Data-driven Statistics OLAP 144

Smarten

JANUARY 18, 2023

Gartner defines a citizen data scientist as ‘a person who creates or generates models that leverage predictive or prescriptive analytics, but whose primary job function is outside of the field of statistics and analytics.’

Key Performance Indicator 52

Key Performance Indicator Prescriptive Analytics Business Objectives Measurement 52

BizAcuity

MARCH 31, 2022

Predictive analytics, with the help of machine learning, keeps getting more accurate with the continuous inflow of data. Revenue forecasting, exchange rates forecasting, churn prediction, fraud detection are a few places where predictive analytics comes very handy.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

CIO Business Intelligence

MAY 28, 2022

Among them, only TensorFlow and SRE fell.).

IT 126

IT Prescriptive Analytics Deep Learning Big Data 126

IBM Big Data Hub

SEPTEMBER 30, 2022

Next, IBM Cognos Analytics with Watson is a trusted AI co-pilot for business decision-makers who want to improve the impact of their business function by empowering every user to turn data into insights, and rapidly make business decisions.

Business Analytics 52

Business Analytics Analytics Prescriptive Analytics Forecasting 52

CIO Business Intelligence

FEBRUARY 16, 2023

The next goal, with the aid of partner Findability Sciences, will be to build out ML and AI pipelines into an information delivery layer that can support predictive and prescriptive analytics. “As

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

FineReport

MARCH 2, 2021

By contrast, analytics follows a pull approach , where analysts pull out the data they need to answer specific business questions. Predictive analytics (answer what will happen in the future?) Prescriptive analytics (answer what are optimal next steps?).

Reporting 98

Reporting Analytics Key Performance Indicator Prescriptive Analytics 98

Smarten

NOVEMBER 26, 2023

Modern Business Intelligence (BI) Modern business intelligence (BI) tools focus on helping users easily access and share data, and giving them the ability to use data to drive intelligent action, and to achieve real-world results.

Marketing 40

Marketing Business Intelligence Key Performance Indicator Prescriptive Analytics 40

FineReport

JULY 28, 2021

Data science generally refers to all the knowledge, techniques, and methods used for data analysis, while data analytics is the manner of analyzing massive data. There are four primary types of data analytics: descriptive, diagnostic, predictive, and prescriptive analytics. .

Business Intelligence 98

Business Intelligence Data Science Data Analytics Analytics 98