5 Things CIOs Should Know About Prescriptive Analytics
What's the followup to predictive analytics? It's prescriptive analytics, which actually tells you the best action to take. Here are five things you need to know it.
1. It's the next step in analytics. First there was descriptive analytics, using data to describe current or past circumstances. Then came predictive analytics, analyzing data to predict a future outcome. Prescriptive analytics suggests the best option for handling that future scenario."Prescriptive tells you the best way to
Read more »