5 Questions to Ask About Prescriptive Analytics

Prescriptive Analytics is used for performance optimization. This optimization is accomplished by using a variety of statistical and analytical techniques to identify the decisions that need to be taken in order to achieve the desired outcomes. The data sources used for the determination of outcomes can range from structured data (e.g., numbers, price points etc.), […]

5 Questions to Ask About Predictive Analytics

Predictive Analytics is a branch of data mining that uses a variety of statistical and analytical techniques to develop models that help predict future events and/or behaviors. It helps find patterns in recruitment, hiring, sales, customer attrition, optimization, business models, crime prevention and supply chain management to name a few. As we move to self-learning […]

5 Questions to Ask About Your Information

Information collection, understanding and sharing has been a worthwhile pursuit since the dawn of humanity. At the beginning, now and in the foreseeable future this pursuit will continue, even if the “tools” change. We will continue to use information to make short-term and long-term decisions for our groups and ourselves. But depending upon the sources […]