Foundations of Business Analytics Prescriptive Analytics

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Foundations of Business Analytics: Prescriptive Analytics

Video: AVC (.mp4) 1280x720 15&30fps | Audio: AAC 48KHz 2ch

(2h 40m Intermediate May 13, 2015)

 

 

Updated May 13, 2015 Everyone is talking about big data these days, but that's just the starting point for drawing high-value, actionable insights from your organization's data. This course takes viewers through the entire analytics lifecycle and workflow-beyond today's hype and buzzwords-and describes how any organization can turn their investments in big data into the actionable insights they really need. Author Alan Simon introduces today's relevant technologies and shows how best to apply them to specific business problems and opportunities within their organization. By the end of the course, viewers will understand how the different classes of analytics-descriptive, predictive, and discovery-can lead to prescriptive action.

Topics include:

*Exploring the analytics taxonomy

*Understanding prescriptive analytics fundamentals and workflow

*Looking at data warehousing and business intelligence

*Exploring big data

*Collecting and processing data

*Exploring triggering events

*Formulating business hypotheses

*Refining and enriching business hypotheses

*Reaching definitive conclusions

*Putting the finishing touches on prescriptive analytics

 

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