IBM Big Data Hub

SEPTEMBER 19, 2023

Prescriptive analytics: Prescriptive analytics predicts likely outcomes and makes decision recommendations. Diagnostic analytics: Diagnostic analytics helps pinpoint the reason an event occurred. Descriptive analytics: Descriptive analytics evaluates the quantities and qualities of a dataset.

Data Science 80

Data Science Data Analytics Prescriptive Analytics Analytics 80

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

IBM Big Data Hub

JULY 6, 2023

Some examples of data science use cases include: An international bank uses ML-powered credit risk models to deliver faster loans over a mobile app. A manufacturer developed powerful, 3D-printed sensors to guide driverless vehicles. Data science, machine learning and IBM Practicing data science comes with challenges.

Machine Learning 56

Machine Learning Data Science Statistics Deep Learning 56

Rocket-Powered Data Science

OCTOBER 6, 2023

Decades (at least) of business analytics writings have focused on the power, perspicacity, value, and validity in deploying predictive and prescriptive analytics for business forecasting and optimization, respectively. How do predictive and prescriptive analytics fit into this statistical framework?

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

4) Predictive And Prescriptive Analytics Tools. Business analytics of tomorrow is focused on the future and tries to answer the questions: what will happen? Hotels try to predict the number of guests they can expect on any given night in order to adjust prices to maximize occupancy and increase revenue.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

Jet Global

MAY 1, 2023

The industries that are users of embedded analytics are interesting. The Business Services group leads in the usage of analytics at 19.5 And Manufacturing and Technology, both 11.6 The sample included 1,931 knowledge workers from various industries, including financial services, healthcare, and manufacturing.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52