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

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

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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[ Eps. 29 ] ETL (Extract, Transform, Load) Series: How Does the ETL Process Work?

[ Eps. 29 ] ETL (Extract, Transform, Load) Series: How Does the ETL Process Work?

Before any fruit and vegetables are sold in supermarkets, they are first harvested from various farms and orchards. Then, they are sorted into their respective categories, cleaned to remove any bacter...

13 Loka 20223min

[ Eps. 28 ] What is Data Quality?

[ Eps. 28 ] What is Data Quality?

In the food industry, quality control ensures that the meat, bread, and other edible items reaching you are of the best quality. Companies use various ways to manage this, from developing fixed produc...

11 Elo 20225min

[ Eps. 27 ] ETL (Extract, Transform, Load) Series: What is ETL?

[ Eps. 27 ] ETL (Extract, Transform, Load) Series: What is ETL?

ETL is defined as a method or process of extracting, transforming, and loading raw data from various sources into a single and centralized location. These can be data warehouses or other centralized d...

21 Heinä 20223min

[ Eps. 26 ] A Success Story: The Future of Data Reporting

[ Eps. 26 ] A Success Story: The Future of Data Reporting

What do you do when you outgrow your reporting system? Meet Farmer X. They’re a manufacturer and distributor of organic foods. However, over the last decade, Farmer X experienced a huge sales growth ...

9 Kesä 20223min

[ Eps. 25 ] Everything You Need to Know About Dark Data

[ Eps. 25 ] Everything You Need to Know About Dark Data

What do people mean when they refer to Dark Data? And how is Dark Data different from regular data? Almost everything we do involves data —we’re either generating it or receiving it, whether we’re aw...

9 Kesä 20226min

[ Eps. 23 ] What Are Examples of Prescriptive Analytics?

[ Eps. 23 ] What Are Examples of Prescriptive Analytics?

Prescriptive Analytics is a type of data analytics that recommends a course of action users should take in order to achieve a desired outcome or goal. It comes after the stages of descriptive and pred...

18 Helmi 20224min

[ Eps. 22 ] What is Prescriptive Analytics?

[ Eps. 22 ] What is Prescriptive Analytics?

Prescriptive Analytics is a type of data analytics that recommends a course of action users should take in order to achieve a desired outcome or goal. It comes after the stages of descriptive and pred...

12 Tammi 20224min

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