Benefits platforms and tools that can combine these techniques over historical and current data are key to unlocking the power of prescriptive analytics for brokers and their clients.

Data analytics is the science of analyzing raw data to make conclusions about that information. It helps businesses perform ...

Here we explore the ways predictive analytics and prescriptive analytics are being used in the call center today, and trends to watch for tomorrow.

Prescriptive analytics would suggest the best rerouting strategy or recommend changes to procurement schedules to minimize disruption.

Businesses looking to implement predictive and prescriptive analytics in tandem should ensure their data is rich and all-encompassing to account for alternate possibilities.

Panelists highlight evolution of analytics from historical to predictive, and ultimately, prescriptive. How to store and use market data to achieve best results is becoming a challenge for firms as ...

What should you do about it? (prescriptive analytics) By focusing on these questions, business analytics helps organizations identify patterns and trends in their data. What is the Role of Business ...

We’ve changed the paradigm of analytics, not just from diagnostic and descriptive, but now looking at predictive and prescriptive analytics, bringing in AI, AutoML, augmenting the way people ask ...

By applying predictive and prescriptive analytics, JMC’s team delivered measurable insights into likely future events, helping stakeholders at all levels make faster, more confident decisions.

Cmdr. Robert Winters, executive officer for the Naval Supply Systems Command Business Systems Center, said the platform, which launched July 1 and offers self-service analytics to support data ...