descriptive analytics, prescriptive analytics and predictive analytics. Knowing what answers you want from the data can help you use it in the most effective and strategic way possible.

Prescriptive analytics, as the name suggests, prescribes a specific course of action based on a descriptive, diagnostic, or predictive analysis, though typically the latter. This can be relatively ...

With growing demand for more sophisticated, forward-looking solutions, vendors are taking basic descriptive analytics to the next level with predictive and prescriptive solutions. But where do ...

(Think “analysis” vs. “analytics ... used interchangeably in some circles. Regardless, descriptive, predictive, and prescriptive analytics all play important roles in ...

Here we explore the ways predictive analytics and prescriptive analytics are being ... of data warehouses (or even flat files) that drive descriptive and predictive analytics creation.” ...

There are four major types of data analytics that organizations turn to: descriptive, diagnostic, predictive and prescriptive. To provide a predictive analytics definition, it's a branch of ...

I loved how Davenport described the three basic types of analytics: 1. Descriptive analytics is ... or what might happen in the future. 2. Predictive analytics is what's getting so much attention ...