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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

OCTOBER 6, 2023

Here are a few business examples of this type of prescriptive analytics: Which marketing campaign is most efficient and effective (has best ROI) in optimizing sales? Which pricing strategies lead to the best business revenue? Now that we have described predictive and prescriptive analytics in detail, what is there left?

Business Analytics 157
Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157
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The Data Behind Tokyo 2020: The Evolution of the Olympic Games

Sisense

JULY 23, 2021

Descriptive analytics also help them understand the number of athletes and workers required to support that specific competition or sport. Chris and his team are increasing the volume of data being captured and using automation to augment their data strategy : “This is a real jump forward for us.

Unstructured Data 105
Unstructured Data Internet of Things Data-driven Data Processing 105
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