Difference between revisions of "Prescriptive Analytics"

From
Jump to: navigation, search
m
m
Line 28: Line 28:
 
* [https://www.spiceworks.com/marketing/ai-in-marketing/articles/prescriptiveanalyticsvs-artificial-intelligence/amp/ Prescriptive Analytics | Spiceworks]
 
* [https://www.spiceworks.com/marketing/ai-in-marketing/articles/prescriptiveanalyticsvs-artificial-intelligence/amp/ Prescriptive Analytics | Spiceworks]
 
* [https://www.forbes.com/sites/forbestechcouncil/2021/02/11/predictive-and-prescriptive-analytics-represent-the-future-of-aiits-up-to-us-to-use-them-wisely/?sh=24ac8c965a5d Prescriptive Analytics | Forbes]
 
* [https://www.forbes.com/sites/forbestechcouncil/2021/02/11/predictive-and-prescriptive-analytics-represent-the-future-of-aiits-up-to-us-to-use-them-wisely/?sh=24ac8c965a5d Prescriptive Analytics | Forbes]
* [https://www.wizata.com/knowledge-base/advanced-ai-from-predictive-to-prescriptive-analytics Prescriptive Analytics | Wizata]
+
* [https://www.wizata.com/knowledge-base/advanced-ai-from-predictive-to-prescriptive-analytics Advanced AI: from predictive to prescriptive analytics | Wizata]
* [https://www.cmswire.com/customer-experience/a-look-at-prescriptive-analytics-and-the-value-they-can-deliver/ Prescriptive Analytics | CMSwire]
+
* [https://www.cmswire.com/customer-experience/a-look-at-prescriptive-analytics-and-the-value-they-can-deliver/ A Look at Prescriptive Analytics and The Value They Can Deliver | A Look at Prescriptive Analytics and The Value They Can Deliver - CMSwire]
* [https://www.investopedia.com/terms/p/prescriptive-analytics.asp Prescriptive Analytics | Investopedia]
+
* [https://www.investopedia.com/terms/p/prescriptive-analytics.asp What Is Prescriptive Analytics? How It Works and Examples | Troy Segal - Investopedia]
  
 
Prescriptive analytics is a type of analytics that uses machine learning and other AI techniques to recommend actions that optimize a specific business objective. AI can support prescriptive analytics in several ways:
 
Prescriptive analytics is a type of analytics that uses machine learning and other AI techniques to recommend actions that optimize a specific business objective. AI can support prescriptive analytics in several ways:

Revision as of 13:39, 10 July 2023

YouTube ... Quora ...Google search ...Google News ...Bing News

Prescriptive analytics is a type of analytics that uses machine learning and other AI techniques to recommend actions that optimize a specific business objective. AI can support prescriptive analytics in several ways:

  • Data analysis: analyze large amounts of data to identify patterns and relationships that are not immediately apparent to humans. This analysis can help identify the key drivers of a particular business outcome and inform the development of prescriptive models.
  • Predictive modeling: develop predictive models that forecast future outcomes based on historical data. These models can be used to identify the most likely outcomes of different actions and inform prescriptive recommendations.
  • Optimization: optimize complex systems that have many interdependent variables. This optimization can help identify the best course of action to achieve a specific business objective.
  • Real-time decision-making: make real-time decisions based on changing conditions. This can help organizations respond quickly to changing circumstances and make decisions that are more likely to achieve their desired outcome.