Category: Big Data

  • Using Prescriptive Analytics to Make Better Decisions

    Using Prescriptive Analytics to Make Better Decisions

    Business Analytics is broken down into three distinct phases. Descriptive – What happened? This phase involves traditional BI tools to help organizations process and report on historical data. Trends are analyzed and decisions are made. The majority of management reporting uses this approach. Predictive – What will happen? This phase uses┬ámachine learning algorithms to build…

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