In Business Process Analytics, Prescriptive Rises to the Top

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In Business Process Analytics, Prescriptive Rises to the Top

Advisor
Posted August 8, 2018 in Data Analytics & Digital Technologies

Traditional analytics is generally restricted to merely providing a better understanding of historical data or predicting future business outcomes. Consequently, the potential of traditional analytical processes is limited as they only offer insights and patterns based on data provided but they lack the ability to offer or make business recommendations. Prescriptive analytics, however, is substantially different and more powerful because it allows businesses to not only make predictions but also suggests an optimal solution.