Discipline of: Business Agility / Enterprise Adaptability
Prescriptive Analytics
The use of data to recommend actions that can influence future outcomes.
Prescriptive analytics involves the use of data, algorithms, and machine learning to recommend actions that can help achieve desired outcomes. This cluster teaches learners how to apply prescriptive analytics to optimize decision-making, improve efficiency, and drive strategic initiatives. By mastering prescriptive analytics, professionals can move beyond prediction to determine the best course of action for complex business problems.
This cluster is ideal for data scientists, business analysts, and decision-makers. Practical outcomes include improved decision-making processes, better optimization of resources, and enhanced ability to implement data-driven strategies.
Learners will explore techniques such as optimization modeling, scenario analysis, and decision analysis. Tools like prescriptive analytics software, R, and Python libraries will be covered to help learners implement and manage prescriptive analytics processes effectively.
This cluster is ideal for data scientists, business analysts, and decision-makers. Practical outcomes include improved decision-making processes, better optimization of resources, and enhanced ability to implement data-driven strategies.
Learners will explore techniques such as optimization modeling, scenario analysis, and decision analysis. Tools like prescriptive analytics software, R, and Python libraries will be covered to help learners implement and manage prescriptive analytics processes effectively.