For some time now, predictive analytics has been hailed as the next big thing. A quick Google search for predictive analytics shows that everyone from Forbes to The Wall Street Journal and beyond have written about how predictive analytics is going to transform business and turn analytics on its head and even make BI obsolete . However, despite years of optimism, the analytics … [Read more...] about The Dirty Secret About Predictive Analytics
prescriptive analytics
Chief Data Scientist Forum USA 2016
The inaugural Chief Data Scientist Forum launches November 16th-17th 2016 at the Hilton, Financial District, San Francisco and will be the premier event for high-level data science practitioners, containing essential content 'and new ideas to develop the leadership role for data science. The Chief Data Scientist Forum'will bring together over 100 senior-level data science … [Read more...] about Chief Data Scientist Forum USA 2016
Prescriptive Analytics Getting Ahead of the Curve to Solve Big Data Problems
In this modern age, data generated by businesses is upsurging. This unstoppable soaring data needs to be capitalized. That is exactly when data analytics and data science comes into the play. Through business analytics, we can quickly spot trends, predict behavior and support strategic decisions. So, it has been extensively used for enterprise performance management and … [Read more...] about Prescriptive Analytics Getting Ahead of the Curve to Solve Big Data Problems
Data Innovation Summit 2017
Data Innovation Summit 2017 - Innovate through your data The Data Innovation Summit is the most engaging and inspiring event where the newest data innovation projects, Business Analytics, Data Science and Data Management processes, strategies, tools and methodologies are presented. The Data Innovation Summit is an annual one day event bringing together the most innovative … [Read more...] about Data Innovation Summit 2017
How to Select the Right Prescriptive Analytics Technique for Your Business
Traditional BI tools, which use descriptive and predictive analytics, provide insights based on accumulated data. Prescriptive analytics, which is the latest stage in the field of business analytics, goes far beyond by proposing actions that the business can take to maximize profit or mitigate risks. It can be considered as the apex of a cutting-edge analytic capability. … [Read more...] about How to Select the Right Prescriptive Analytics Technique for Your Business
