And it’s these hybrid data sets that prescriptive analytics utilizes to predict the future. Prescriptive analytics is the third phase of business analytics, a decision-modelling system for industry.

Predictive and prescriptive analytics take the data that is being streamed in, predict what’s going to happen, and prescribe what kind of corrective actions need to be taken. Cloudera enables this ...

A good example of the use of prescriptive analytics in the benefits industry is around prescription drug savings. Prescriptive analytics can leverage data to help spur prescription drug savings by ...

Let me give you a quick example of prescriptive analytics in action. One of our fashion customers used Profitect’s Inventory module to identify a new product with a higher rate of return.

Prescriptive analytics is the final stage in the analytics evolutionary path Analytics is the use of data, and techniques to analyze data, to get better insights and eventually make better decisions.

Predictive models help the organization understand the future and develop a picture of what that future may look like. Prescriptive analytics helps the organization influence and change that future.

Good news: there's nothing special about getting your data ready for prescriptive analytics. Bad news: you need to do what's needed to get your data ready for any type of analytics - and that's ...

In addition to the Safety Analytics dashboard, the PFM portal comes with a 10-column driver scorecard. Fleets that use products from PeopleNet’s data analytics firm, Vusion, can use some of ...

Prescriptive analytics has become a real competitive advantage for marketers. Here's why. Analytics has long been the backbone of marketing success. Analytics enables marketers to make data-driven ...

This allows the predictions you feed to your artificial intelligence to be better. Prescriptive analytics needs descriptive data to work, and both combine to enhance the customer journey.

The University of Wisconsin-Green Bay's CIO is pursuing a track that marries institutional data, predictions and business rules to create prescriptions for student and campus success. Here are his 12 ...