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Prescriptive Analytics One of the newest types of data analytics is prescriptive analytics, which takes descriptive data and uses it to make recommendations for future actions and improvements ...

Prescriptive analytics also goes one step beyond what is referred to as “predictive analytics,” which takes your current analytics models and makes the best guess at what will happen next.

It's tough to build a modern successful business without good analytics, and prescriptive analytics is the linchpin that makes all the other models and analyses worth it.

With a combination of Predictive and Prescriptive analytics models, an ecommerce company can help the shopper easily discover the right product, something that meets the functional requirements as ...

Predictive: A Data-driven organization goes through a maturity ladder in its analytics journey. It is important to know which type of analytics will help in what form.