prescriptive analytics

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Published By: IBM     Published Date: Jan 18, 2017
The synergy between predictive analytics and decision optimization is critical to good decision making. Predictive analytics offers insights into likely future scenarios, and decision optimization prescribes best-action recommendations for how to respond to those scenarios given your business goals, business dynamics, and potential tradeoffs or consequences. Together, predictive analytics and decision optimization provide organizations with the ability to turn insight into action—and action into positive outcomes. In this white paper, you’ll gain a better understanding of: The difference between predictive and prescriptive analytics How predictive and prescriptive actions complement one another to help you achieve optimized business decisions IBM’s approach to creating a powerful end-to-end decision management system
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ibm, predictive analytics, decision optimization, synergy, decision making, business goals, prescriptive analytics, decision management
    
IBM
Published By: FICO     Published Date: Jun 07, 2016
As any line of business (LOB) leader knows, making customer level decisions that balance risk and profit just keeps getting harder. And even when you think you have the right decisions, turning them into actions can be even trickier. You also need to consider the factors that make smart decisions difficult. Big data. Regulations. Customers who want an offer, fast, or else you’re going to lose them.
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FICO
Published By: FICO     Published Date: Nov 21, 2016
Prescriptive analytics enable you to estimate and compare the likely outcomes of any number of actions, and choose the very best action to advance business objectives. And getting there isn't as difficult as you think. Start your journey by downloading this eBook.
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FICO
Published By: FICO     Published Date: Sep 02, 2016
Leading businesses have aggressively adopted prescriptive analytics to assess the different outcomes of potential decisions and identify the best one(s) for handling a future scenario. As companies progress their use of advanced analytics, they derive exponentially more value from their data and decisions. These five case studies highlight how five banks are using FICO optimization to boost portfolio profits by 26% or more; increase approved transactions by $100+ million; and even generate 6:1 ROI in just six months.
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prescriptive analytics, fico, advanced analytics, fico optimization, portfolio profits, roi
    
FICO
Published By: FICO     Published Date: Dec 04, 2017
Whether you’re onboarding new customers, cross- or up-selling, getting your supply chain or logistics right, or even collecting unpaid debt, making the best choice of decisions means weighing not just what’s right for your department – but what is best for the business overall. Not to mention what is optimal for your customers and partners. And let’s face it, even with the availability of business intelligence and other analytic tools, it’s hard to know what constitutes the right actions to take in an era where Big Data consistently throws you curveballs. Prescriptive Analytics can help – but for most organizations, there are more questions and concerns than answers about how to implement it successfully. Read our white paper on how Prescriptive Analytics can transform your business decisions and actions – leveraging your existing analytics investment and organizational DNA while helping you drive transparency, customer experience, and profits
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business, results, optimal, customer, experience, tools, analytics, big data
    
FICO
Published By: FICO - APAC     Published Date: Jul 10, 2017
As a subsidiary of the world’s largest food company, Nestlé USA is laser-focused on doing more with fewer resources and adopting highly efficient technologies and processes, including machine learning and prescriptive analytics. With 64 brands consisting of numerous products in each brand, maximizing payload and minimizing transportation costs is an extremely complex problem – particularly when you factor in demand forecasts and current supply levels.
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FICO - APAC
Published By: FICO     Published Date: Jun 06, 2017
As a subsidiary of the world’s largest food company, Nestlé USA is laser-focused on doing more with fewer resources and adopting highly efficient technologies and processes, including machine learning and prescriptive analytics. With 64 brands consisting of numerous products in each brand, maximizing payload and minimizing transportation costs is an extremely complex problem – particularly when you factor in demand forecasts and current supply levels.
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manufacturing, manufacturing optimization, manufacturing solutions
    
FICO
Published By: Skillsoft     Published Date: Jun 23, 2016
In the latest developments in technology for HCM, Nucleus sees an inexorable march to upend conventional approaches to on-the-job learning. Training scheduled around static variables such as regulatory policy or company initiatives, for instance, is one-dimensional. This type of learning will persist. The emergence of prescriptive analytics made possible by real-time data models, however, makes trigger-based, in-the-moment learning possible (Nucleus Research p199 – The coming mass extinction in HCM, November 2015). Further supporting this are social media–style user interfaces (UIs), which promote continual collaboration. It’s learning that happens whenever an employee needs it, not when the organization or law decrees it. Data across HCM prompts these triggers.
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best practices, business optimization, business management, organization, talent management, technology
    
Skillsoft
Published By: SumTotal, a Skillsoft Company     Published Date: Jun 24, 2016
In the latest developments in technology for HCM, Nucleus sees an inexorable march to upend conventional approaches to on-the-job learning. Training scheduled around static variables such as regulatory policy or company initiatives, for instance, is one-dimensional. This type of learning will persist. The emergence of prescriptive analytics made possible by real-time data models, however, makes trigger-based, in-the-moment learning possible (Nucleus Research p199 – The coming mass extinction in HCM, November 2015). Further supporting this are social media–style user interfaces (UIs), which promote continual collaboration. It’s learning that happens whenever an employee needs it, not when the organization or law decrees it. Data across HCM prompts these triggers.
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best practices, business optimization, business management, organization, talent management, technology
    
SumTotal, a Skillsoft Company
Published By: IBM     Published Date: May 07, 2015
Hear a panel of HR leaders engage in a conversation about how they are using predictive and prescriptive analytics applied to talent to drive better business results. Join us to explore how you can be more effective in designing pilots, demonstrating the ROI for talent analytics, and translating talent data into talent insight.
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talent acquisition, recruiting, optimization, technology, talent analytics, ibm
    
IBM
Published By: IBM     Published Date: Jun 13, 2016
Read this eBook to explore how using predictive and prescriptive analytics applied to talent can drive better business results.
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ibm, workforce analytics, ibm smarter workforce institute, human resources, hr analytics
    
IBM
Published By: SAS     Published Date: Jan 31, 2011
Companies are becoming more analytically mature and are developing greater analytical capabilities. Many companies are also creating a context for analytics, with analytical cultures and processes. When companies compete based on analytics, analytics is having a positive bottom-line impact.
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sas, prescriptive analytics, harvard business
    
SAS
Published By: IBM     Published Date: Feb 16, 2016
Analytics has been a hot topic for a long time. In insurance, it's been a core area of focus forever, and descriptive analytics have been followed by predictive analytics. But companies are just beginning to explore prescriptive analytics for decision management, and now comes a whole new era: Cognitive.
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analytics, cognitive computing, decision management, prescriptive analytics, data, insurance, data insights
    
IBM
Published By: IBM     Published Date: Jul 07, 2015
Life revolves around prediction—for example, the route you take to get to work, whether to go on a second date, or whether or not to keep reading this sentence are all forms of prediction. We are already seeing machine learning powered by Apache Spark changing the face of innovation at IBM. Learn more.
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intelligent applications, machine learning, prescriptive analytics, real-time, natural language processing, automation
    
IBM
Published By: IBM     Published Date: May 19, 2015
Traditionally, business intelligence (BI) has looked backward at what has happened. In today’s marketplace, enterprises need to look ahead. From predictive to prescriptive intelligence, TDWI and IBM look at what businesses need most.
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business intelligence, prescriptive intelligence, predictive analytics, immersive user experience, analytic technology, informative visualization
    
IBM
Published By: FICO     Published Date: Jun 07, 2016
As any line of business (LOB) leader knows, making customer level decisions that balance risk and profit just keeps getting harder. And even when you think you have the right decisions, turning them into actions can be even trickier. You also need to consider the factors that make smart decisions difficult. Big data. Regulations. Customers who want an offer, fast, or else you’re going to lose them.
Tags : 
    
FICO
Published By: FICO     Published Date: Dec 04, 2017
As consumers, we’re all having more experiences that seem almost magical: You’re in a mall when suddenly your smartphone beeps. It’s an offer for 20% off a pair of shoes you’ve been looking at online — from the store you just walked past! As business people, we know it’s not magic, but rather analytics powering these outstanding customer experiences. Analytics have evolved to the point where they answer an expanding range of useful questions. But understanding the different types of analytics – descriptive, diagnostic, predictive and prescriptive - and how to use them in your business can be challenging. Download the eBook to learn about the least understood – yet most powerful – tool in the analytic arsenal. Prescriptive analytics enable you to estimate and compare the likely outcomes of any number of actions, and choose the very best action to advance business objectives. Getting there isn’t as difficult as you think. Start your journey. Download the eBook today.
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profits, analytics, credit, social, media, services, customer, consumers
    
FICO
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