Everything Data Analytics podcast

[ Eps. 24 ] What Are the Benefits of Prescriptive Analytics?

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In our two previous videos, we discussed what Prescriptive Analytics is, how it works, and what its examples look like. To check them out,

[What is Prescriptive Analytics?: Part 1] https://youtu.be/pzvT6Z_b6MA

[Examples of Prescriptive Analytics: Part 2] https://youtu.be/NOo8Nc9zG20

Despite being a pivotal advanced analytical approach, Prescriptive Analytics isn’t commonly implemented as it requires an assortment of tools and a complex understanding of the method. Companies that do employ Prescriptive Analytics, however, are able to achieve stronger goals by understanding how different actions result in different outcomes.

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