While descriptive analytics is the foundational form of data analytics, there are three other key types that are used in many organizations today: diagnostic, predictive, and prescriptive.

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 ...

Like predictive analytics, prescriptive analytics are used in instances when there are too many options, data points and variable, according to Jen Underwood, founder of boutique of predictive ...

What Are the 4 Types of Business Analytics? Business analytics is categorized into four main types, each designed to help organizations understand and use their data effectively. According to Stephens ...

Data analytics operate on four different levels: descriptive, diagnostic, predictive and prescriptive. Descriptive is a snapshot of the data you have, typically at the aggregate.

The latest is MES embracing the IIoT and taking analytics, specifically descriptive analytics, to new levels. MES also adds predictive and prescriptive analytics on top, creating new capabilities ...