What is Prescriptive Analytics?

LEARN ABOUT BIG DATA AND ANALYTICS TERMS

6 — UNDERSTAND ABOUT ANALYTICS OF EVERYTHING

Prescriptive Analytics shows “what we should do?”, or what “what we should perform in realistic terms?” (the action).

It goes beyond Predictive Analysis to report the probable consequences of choices.

It is a complete analysis, combining the earlier ones, showing the following way in a business strategy execution, being characterized by new neural network technologies, graphical analysis of social networks, recommendation and machine learning engines.

Prescriptive Analytics is still complex to carry out but can have a significant impact on the decision-making tasks of companies, which can grow and streamline their business lines.

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