Prescriptive analytics helps identify the best course of action that can enable businesses to achieve organizational goals. Although figuring out what you should do is a crucial aspect of business, the value of prescriptive analytics is often missed. There is still an inclination to “go with the
Today's manufacturing organizations operate in a dynamic environment characterized by increased complexity and uncertainty. The financial performance of manufacturers hinges on their ability to rapidly adapt to constantly-changing conditions, from demand fluctuations to delivery challenges while
Prescriptive analytics offers healthcare decision makers the opportunity to influence optimal future outcomes. Based on decision optimization technology, these capabilities allow users to not just recommend the best course of action for patients or providers, they also enable comparison of multiple
This is the first in a sequence of blogs that looks at how Planning Analytics and Decision Optimization can help organizations go from a plan to the right plan by leveraging optimization throughout the planning process.
Prescriptive analytics (optimization) is a sophisticated analytics technology. It can deliver great business value by helping decision makers handle the tough trade-offs that arise when limited resources force choices among options. Optimization was traditionally applied by Operations Research
Internet of Things data, devices and technologies are evolving into a core platform that is expected to impact business flexibility and more. Take a look at some key comprehensive best practices for Internet of Things–enabled application development that can put speed and agility into your business
Marketers looking to expand their customer base and achieve retention continually contend with cognitive era challenges of rising data influxes from disparate sources. To cut to the chase, what they really need is a tool that predictively and prescriptively offers the means for recommending next-
Graph database technology powered by open source initiatives is helping fraud detection units catch intruders in the act of breaching data security. Tune in for an enlightening discussion of how modern approaches to analytics are bringing descriptive and predictive analytics together to help stop
Bringing analytics to the C-suite doesn’t have to be a struggle. Learn how you can tailor your analytics conversations to help your executive colleagues throw open the door to new vistas of business opportunity.
Taking full advantage of analytics as they mature involves the ability to manage business rules, predictive models and optimization. Without these capabilities, enterprises may fail to move along the maturity continuum and miss out on business insight and value.
Big data and analytics technology is driving business forward, the newest natural resource in the ever-changing world of computing. Yet even in a constantly evolving industry, certain trends stand out. Take a look at what’s on the horizon for big data and analytics, and find out how it could affect
Which comes first—investment in forecasting, or investment in planning or scheduling? Discover how investing in planning and scheduling processes and solutions can bring benefits even when forecasting is lacking, and find out how IBM Analytics can help your organization start its advanced analytics