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Wednesday, May 1, 2019

Prescriptive Analysis


                Prescriptive analytics provides organizations with recommendations around optimal actions to achieve business objectives such as customer service, profits and operational efficiency. Prescriptive analytics solutions use optimization technology to solve complex decisions with millions of decision variables, constraints and trade-offs.



          Organizations across industries are using prescriptive analytics for a range of use cases spanning strategic planning, operational and tactical activities. While the present time is that of predictive analysis, with software giving out prompts on the basis of users’ behaviour and past interaction, in the coming time, the plethora of collected user data will help businesses in a much different way.

               The world of technology in 2020, along with giving businesses the data related to how users would react, will also guide them on how they should act when the user behave a certain way.


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