Diagnostic Analytics, IoT, Marketing and Predictive Analytics

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

OCTOBER 6, 2023

There are other dimensions of analytics that tend to focus on hindsight for business reporting and causal analysis – these are descriptive and diagnostic analytics, respectively, which are primarily reactive applications, mostly explanatory and investigatory, not necessarily actionable. This is predictive power discovery.

Business Analytics

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

MARCH 31, 2022

By 2025, AI will be the top category driving infrastructure decisions, due to the maturation of the AI market, resulting in a tenfold growth in compute requirements. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: AI in Marketing. Source: Gartner Research).

Data Analytics

Data Analytics Analytics Prescriptive Analytics Predictive Analytics

Data Leaders Brief

Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

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