Predictive and Prescriptive Analytics

Predictive and Prescriptive Analytics moves beyond descriptive analytics to predictive (what will happen) and prescriptive analytics (what should be done). Predictive and Prescriptive Analytics uses advanced AI and machine learning algorithms to forecast future trends and suggest actions.

Predictive and Prescriptive Analytics Tips:

  1. Invest in analytics tools that offer predictive and prescriptive capabilities.
  2. Train your team to interpret and implement insights from advanced analytics.
  3. Continuously refine your predictive models with new data and outcomes.