Using Descriptive, Predictive & Prescriptive Analytics For Impact

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Using Descriptive, Predictive Prescriptive
Analytics For Impact

• Looking at all the options for business
  intelligence and analytics can be a daunting
  task. Here we explain when to use Descriptive,
  Predictive and Prescriptive Analytics for impact.

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Using Descriptive, Predictive Prescriptive
Analytics For Impact

• With the flood of data available to businesses
  and with the constantly evolving business
  intelligence and analytics landscape, it can be
  daunting to understand what type of analytics
  solution you should be using and for what task.
  No one type of analytics is better than another,
  in fact they co-exist with, and complement each
  other. In order for a business to have a holistic
  view of the market and how they compete
  efficiently within the market, requires a robust
  analytic environment which includes

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• Reference
• Johnson, S. (2019). Using Descriptive, Predictive
  Prescriptive Analytics For Impact Inside
  Info. online Insideinfo.com.au. Available at
  https//insideinfo.com.au/business-intelligence-an
  d-analytics/using-descriptive-predictive-prescript
  ive-analytics-impact Accessed 19 Feb. 2019.