Articles

Prescriptive Analytics: The Next Leap

Analytics is the discovery of meaningful patterns in data. While it is not new, we’re going through a renaissance in data science and technology in business analytics.

What started as Descriptive Analytics, using data to build reports and dashboards to present it in a more consumable way, grew to Investigative Analytics to answer the ‘why’ question, has matured into Predictive Analytics, with historical data, models and algorithms to predict the future outcomes.

Source: grazitti.com
Author: Rahul Sachdeva

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s