Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Prescriptive_analytics> ?p ?o }
- Prescriptive_analytics abstract "Prescriptive analytics is the third and final phase of business analytics (BA) which includes descriptive, predictive and prescriptive analytics.Referred to as the "final frontier of analytic capabilities," Prescriptive analytics automatically synthesizes big data, multiple disciplines of mathematical sciences and computational sciences, and business rules, to make predictions and then suggests decision options to take advantage of the predictions. The first stage of business analytics is descriptive analytics, which still accounts for the majority of all business analytics today. Descriptive analytics answers the questions what happened and why did it happen. Descriptive analytics looks at past performance and understands that performance by mining historical data to look for the reasons behind past success or failure. Most management reporting - such as sales, marketing, operations, and finance - uses this type of post-mortem analysis.The next phase is predictive analytics. Predictive analytics answers the question what will happen. This is when historical performance data is combined with rules, algorithms, and occasionally external data to determine the probable future outcome of an event or the likelihood of a situation occurring. The final phase is prescriptive analytics, which goes beyond predicting future outcomes by also suggesting actions to benefit from the predictions and showing the implications of each decision option.Prescriptive analytics not only anticipates what will happen and when it will happen, but also why it will happen. Further, prescriptive analytics suggests decision options on how to take advantage of a future opportunity or mitigate a future risk and shows the implication of each decision option. Prescriptive analytics can continually take in new data to re-predict and re-prescribe, thus automatically improving prediction accuracy and prescribing better decision options. Prescriptive analytics ingests hybrid data, a combination of structured (numbers, categories) and unstructured data (videos, images, sounds, texts), and business rules to predict what lies ahead and to prescribe how to take advantage of this predicted future without compromising other priorities.All three phases of analytics can be performed through professional services or technology or a combination. In order to scale, prescriptive analytics technologies need to be adaptive to take into account the growing volume, velocity, and variety of data that most mission critical processes and their environments may produce.One criticism of prescriptive analytics is that its distinction from predictive analytics is ill-defined and therefore ill-conceived.".
- Prescriptive_analytics thumbnail Three_Phases_of_Analytics.png?width=300.
- Prescriptive_analytics wikiPageExternalLink analyticsmagazine.com.
- Prescriptive_analytics wikiPageExternalLink businessanalytics.cfm.
- Prescriptive_analytics wikiPageExternalLink Program%20in%20BA%20presentation.pdf.
- Prescriptive_analytics wikiPageExternalLink prescriptive-analytics-can-reshape-fracking-oil-gas-fields.
- Prescriptive_analytics wikiPageExternalLink underground-analytics-the-value-in-predicting-when-an-oil-pump-fails.
- Prescriptive_analytics wikiPageExternalLink 2012-IIA-Predictions-Brief-Final.pdf.
- Prescriptive_analytics wikiPageExternalLink 165-2012.pdf.
- Prescriptive_analytics wikiPageExternalLink 503-analytics-a-the-future-of-healthcare.
- Prescriptive_analytics wikiPageExternalLink 128-predictive-analytics-game-changer.html.
- Prescriptive_analytics wikiPageExternalLink 278-predictive-analytics-tv-ads-wanamakers-dilemma-a-analytics.html.
- Prescriptive_analytics wikiPageExternalLink 755-executive-edge-five-pillars-of-prescriptive-analytics-success.
- Prescriptive_analytics wikiPageExternalLink 98-predictive-analytics-in-field-service.
- Prescriptive_analytics wikiPageExternalLink 694-images-a-videos-really-big-data.
- Prescriptive_analytics wikiPageExternalLink 695-how-big-data-is-changing-the-oil-a-gas-industry.
- Prescriptive_analytics wikiPageExternalLink 402-health-care-a-analytics.html.
- Prescriptive_analytics wikiPageExternalLink prescriptive-analytics.html.
- Prescriptive_analytics wikiPageExternalLink www.ayata.com.
- Prescriptive_analytics wikiPageExternalLink resources?start=6.
- Prescriptive_analytics wikiPageExternalLink ESP-ESPs_118057.
- Prescriptive_analytics wikiPageExternalLink Your-data-know-you-dont_137311.
- Prescriptive_analytics wikiPageExternalLink 240152863.
- Prescriptive_analytics wikiPageExternalLink www.mma.ugent.be.
- Prescriptive_analytics wikiPageExternalLink difference-between-operations-research-and-business-analysis.
- Prescriptive_analytics wikiPageExternalLink Emerging%20Role%20of%20the%20Data%20Scientist%20and%20the%20Art%20of%20Data%20Science.pdf.
- Prescriptive_analytics wikiPageExternalLink Science-Fiction-A-Fact-The-EP-World_134336.
- Prescriptive_analytics wikiPageExternalLink big-data-analytics-can-deliver-u-s-energy-independence.
- Prescriptive_analytics wikiPageExternalLink watch?v=3l__n5zlVRQ&feature=plcp.
- Prescriptive_analytics wikiPageExternalLink watch?v=VtETirgVn9c.
- Prescriptive_analytics wikiPageExternalLink Predictive-Analytics-In-Clean-Energy.pdf.
- Prescriptive_analytics wikiPageID "35757264".
- Prescriptive_analytics wikiPageLength "22358".
- Prescriptive_analytics wikiPageOutDegree "58".
- Prescriptive_analytics wikiPageRevisionID "677644106".
- Prescriptive_analytics wikiPageWikiLink Algorithm.
- Prescriptive_analytics wikiPageWikiLink Algorithms.
- Prescriptive_analytics wikiPageWikiLink Analytics.
- Prescriptive_analytics wikiPageWikiLink Apache_Hadoop.
- Prescriptive_analytics wikiPageWikiLink Applied_statistics.
- Prescriptive_analytics wikiPageWikiLink Big_data.
- Prescriptive_analytics wikiPageWikiLink Business_analytics.
- Prescriptive_analytics wikiPageWikiLink Business_intelligence.
- Prescriptive_analytics wikiPageWikiLink Business_operations.
- Prescriptive_analytics wikiPageWikiLink Business_process.
- Prescriptive_analytics wikiPageWikiLink Business_rule.
- Prescriptive_analytics wikiPageWikiLink Business_rules.
- Prescriptive_analytics wikiPageWikiLink Category:Analytics.
- Prescriptive_analytics wikiPageWikiLink Category:Big_data.
- Prescriptive_analytics wikiPageWikiLink Category:Business_intelligence.
- Prescriptive_analytics wikiPageWikiLink Category:Business_terms.
- Prescriptive_analytics wikiPageWikiLink Category:Formal_sciences.
- Prescriptive_analytics wikiPageWikiLink Category:Health_care.
- Prescriptive_analytics wikiPageWikiLink Computational_model.
- Prescriptive_analytics wikiPageWikiLink Computational_science.
- Prescriptive_analytics wikiPageWikiLink Data.
- Prescriptive_analytics wikiPageWikiLink Data_mining.
- Prescriptive_analytics wikiPageWikiLink Data_model.
- Prescriptive_analytics wikiPageWikiLink Decision_Management.
- Prescriptive_analytics wikiPageWikiLink Econometrics.
- Prescriptive_analytics wikiPageWikiLink Finance.
- Prescriptive_analytics wikiPageWikiLink Forecasting.
- Prescriptive_analytics wikiPageWikiLink Gartner.
- Prescriptive_analytics wikiPageWikiLink Geopolitics.
- Prescriptive_analytics wikiPageWikiLink George_Washington_University.
- Prescriptive_analytics wikiPageWikiLink Hadoop.
- Prescriptive_analytics wikiPageWikiLink Health,_Safety_and_Environment.
- Prescriptive_analytics wikiPageWikiLink Health_care.
- Prescriptive_analytics wikiPageWikiLink Health_care_provider.
- Prescriptive_analytics wikiPageWikiLink Health_professional.
- Prescriptive_analytics wikiPageWikiLink Healthcare.
- Prescriptive_analytics wikiPageWikiLink Informs.
- Prescriptive_analytics wikiPageWikiLink Institute_for_Operations_Research_and_the_Management_Sciences.
- Prescriptive_analytics wikiPageWikiLink MapReduce.
- Prescriptive_analytics wikiPageWikiLink Map_reduce.
- Prescriptive_analytics wikiPageWikiLink Marketing.
- Prescriptive_analytics wikiPageWikiLink Mathematical_model.
- Prescriptive_analytics wikiPageWikiLink Mathematical_sciences.
- Prescriptive_analytics wikiPageWikiLink Natural_gas_prices.
- Prescriptive_analytics wikiPageWikiLink OLTP.
- Prescriptive_analytics wikiPageWikiLink Occupational_safety_and_health.
- Prescriptive_analytics wikiPageWikiLink Online_transaction_processing.
- Prescriptive_analytics wikiPageWikiLink Operations_research.
- Prescriptive_analytics wikiPageWikiLink Prediction.
- Prescriptive_analytics wikiPageWikiLink Predictions.
- Prescriptive_analytics wikiPageWikiLink Predictive_analytics.
- Prescriptive_analytics wikiPageWikiLink Public_utility.
- Prescriptive_analytics wikiPageWikiLink Robert_R._McCormick_School_of_Engineering_and_Applied_Science.
- Prescriptive_analytics wikiPageWikiLink Sales.
- Prescriptive_analytics wikiPageWikiLink Statistics.
- Prescriptive_analytics wikiPageWikiLink Structured_data.
- Prescriptive_analytics wikiPageWikiLink The_George_Washington_University.
- Prescriptive_analytics wikiPageWikiLink Thomas_H._Davenport.
- Prescriptive_analytics wikiPageWikiLink Unstructured_data.
- Prescriptive_analytics wikiPageWikiLink Utility_companies.
- Prescriptive_analytics wikiPageWikiLink File:Components_of_Prescriptive_Analytics.png.
- Prescriptive_analytics wikiPageWikiLink File:Key_Questions_Prescriptive_Analytics_software_answers_for_oil_and_gas_producers.png.
- Prescriptive_analytics wikiPageWikiLink File:Prescriptive_Analytics_Timeline.jpeg.
- Prescriptive_analytics wikiPageWikiLink File:Prescriptive_Analytics_process.png.
- Prescriptive_analytics wikiPageWikiLink File:Three_Phases_of_Analytics.png.