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Prescriptive Analytics Is Easier And More Profitable Than Predictive Analytics
When you hear about algorithms these days, chances are that you hear about machine learning or predictive analytics. (Some make a distinction between machine learning and predictive analytics, but the distinction is not material for this post. ...
from Blog: IT Best Kept Secret Is Optimization
Modified on by JeanFrancoisPuget


Optimization Is Ready For Big Data: Part 1, Volume
I had the honor to give a tutorial at a Big Data and Optimization seminar, thanks to an invitation from John Poppelaars , One of the topics I discussed seemed to resonate well. Let me try to explain it here. The first thing people think of...
from Blog: IT Best Kept Secret Is Optimization
Modified on by JeanFrancoisPuget


Analytics For Vehicle Routing (and for Santa)
How could we have helped Santa deliver its gifts as fast as possible? An OR practitioner will probably model Santa's problem as a traveling salesman problem ( TSP ). Indeed Santa needs to compute the shortest route through all kids homes. The...
from Blog: IT Best Kept Secret Is Optimization
Modified on by JeanFrancoisPuget


Prescriptive vs Predictive Analytics Explained
Imagine for one second that you are Loïc Peyron , the recent winner of the transatlantic yatch race La Route Du Rhum . What would you use to reach your destination as fast as possible? Of course, you would work on...
from Blog: IT Best Kept Secret Is Optimization
Modified on by JeanFrancoisPuget


Six steps to predict when things will go wrong (before they do!) with IBM Predictive Maintenance and Quality Community Blog
Predictive maintenance involves predicting when a component will fail or require service, before that failure happens. It goes well beyond traditional approaches, such as reactive maintenance (replace components after they fail) or scheduled maintenance...
from Blog: IBM Redbooks Software Blog
Modified on by MartinKeen


Information Alchemy: The Transmutation of bits and bytes into Knowledge
fstein
Tags:
analytics
watson
predictive
informationalchemy
analyticssolutioncenter
ibm
asc
governmentinformation
2,385 Views
In medieval times, Alchemists hoped to convert base metals
into the noble metal gold through the use of a Philosopher's Stone. Today, in the field of information science, we talk about
Information Alchemy, converting data into information and then...
from Blog: Analytics For Government


A predictive tool for Agile efforts
To now, this blog has been a series of essays on the theoretical considerations underlying the analytics of development. With this entry, I want to start changing the emphasis to the practicalities of building analytic tools. Going from theory to practice...
from Blog: Murray Cantor


What Is The Difference Between SPSS And ILOG ?
JeanFrancoisPuget
Tags:
prescriptive
spss
optimization
ilog
predictive
analytics
2 Comments
12,428 Views
Sure, I would have preferred a more generic title, such as What is the difference between predictive analytics and prescriptive analytics? What is the right decision management technology I need? instead of the IBM specific What is the difference between...
from Blog: IT Best Kept Secret Is Optimization
Modified on by JeanFrancoisPuget


Predicting Intelligence  predictable !
Barti
Tags:
vision
sports
innovation
analysis
information
speed
ba
intelligence
business
wimbeldon
technology
predictive
2,634 Views
"Predictive analytics encompasses a variety of statistical techniques from modeling, machine learning , data mining and game theory that analyze current and historical facts to make predictions about future events "acc to wikipedia has been...
from Blog: Eye for "I"


Healthcare Smart Analytics System Community Blog
Professor Alexander Martynenko National University Kharkov, Ukraine Predictive analytics helps healthcare organizations anticipate change in order to plan and carry out strategies that improve outcomes. By applying predictive analytics solutions to existing...
from Blog: Academic Initiative Knowledge Exchange
Modified on by JennCollins
