Prescriptive Analytics

Definition & Meaning

Last updated 23 month ago

What is Prescriptive Analytics?

Prescriptive Analytics refers to analytics that are trying to find to provide most exCellent tips all through a decision making Procedure. Unlike observational analytics or Predictive Analytics, prescriptive analytics determines ways wherein enterprise tactics need to evolve or be modified.

What Does Prescriptive Analytics Mean?

IT professionals follow analytics to organization Software Program and IT architectures. In-intensity analytics can also describe massive Records, wherein organizations sySTEM big quantities of Current records uNits into inFormative and prepared structures.

Like different analytical Models, diverse technological advances facilitate prescriptive analytics. The boom of statistics garage Media abilties allows agencies to store much Greater facts cHeaply, along with via Cloud Web Hosting service answers. Network structure advances also allow for the taking pictures of a greater diversity of records in new, powerful Methods.

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