Overview
Prescriptive Analytics is an advanced analytics technology that can provide recommendations to decision makers and help them achieve business goals by solving complicated optimization problems.
Prescriptive analytics helps organizations make better decisions by optimizing trade-offs between business goals, such as costs or customer service, while considering predictions, rules, and constraints on available resources, to recommend the best course of action, whether you want to decide on a configuration, a design, a plan, or a schedule.
Benefits
Improve operations
Optimize product planning, reduce inefficiencies, drive smarter operational decision-making
Manage resources more effciently
Better utilize: capital, personnel, equipment, vehicles, facilities
Mitigate risks
Gain insight into how decisions can have business-wide impacts and hedge against data uncertainty
Capabilities
IBM Decision Optimization
Take your planning and scheduling decision-making to the next level. Build and solve optimization models using prescriptive analytics solutions from IBM that provide powerful optimization engines, integrated modelling environment and support for multiple programming languages
Products
IBM ILOG CPLEX Optimization Studio
Provides a model development toolkit for rapid development of decision optimization models using mathematical and constraint programming.
IBM Decision Optimization for Data Science Experience
Combine optimization and machine learning techniques in a unified environment to build the optimal action-plan and meet business goals.
IBM Decision Optimization Center
A configurable platform for building and deploying applications to solve complex planning and scheduling challenges
IBM Decision Optimization on Cloud
Harness the power of decision optimization engines on the cloud to solve mathematical optimization problems
IBM ILOG CPLEX Optimizer for z/OS
Solve mathematical programming models like MIP/MIQCP using CPLEX Optimizer on z/OS
Related products
Predictive Analytics
Predictive analytics brings together advanced analytics capabilities to help organizations discover patterns in data and go beyond knowing what has happened to anticipating what is likely to happen next.
Machine Learning
Infuse continuous intelligence into your enterprise applications using machine learning. Dramatically improve the productivity of your data science team.
Planning Analytics
Still taking a manual, trial-and-error approach to planning? Accelerate planning cycles and improve plan quality with IBM Decision Optimization.
Resources
What is optimization and how it improves planning outcomes?
Learn about the power of optimization solutions to enable better planning decisions
Improve resource allocation using prescriptive and predictive solutions
From business insight to business action: Combining the power of IBM Predictive Analytics and IBM Decision Optimization
Customer success
FleetPride improves supply-chain efficiency with IBM prescriptive analytics
IBM Analytics solutions gives supply chain managers game-changing insights into operations
Smarter, sustainable forest road management with IBM Analytics
The College of Environment at the University of Washington leverages prescriptive analytics solutions from IBM to develop algorithms and solve complex problems related to optimizing the forest road network while supporting highly efficient timber harvests