Can a predictive and/or prescriptive model unburden your analytics?


Can a predictive and/or prescriptive model unburden your analytics?

Emily McLaughlin, Associate Site Editor

Is your IT department drowning in data? Implementing a predictive and/or prescriptive model could ease the burden of data mining and analytics. The models can work in concert:

Continue Reading This Article

Enjoy this article as well as all of our content, including E-Guides, news, tips and more.

By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.

You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

Safe Harbor

Predictive analytics is the branch of data mining concerned with forecasting imminent probabilities and trends, while prescriptive analytics aims to uncover the best business solution given any known parameters, including past performance and these future forecasts. So how do you select the right balance your enterprise?

Join SearchCIO Wednesday, April 30, at 3 p.m. EDT to discuss predictive, prescriptive and everything in between. TechTarget Associate Site Editor Emily McLaughlin will lead the event from SearchCIO's Twitter handle, @searchCIO. TechTarget writers, editors and contributors will participate, joined by by our Twitter followers and others informed about or involved in the process of developing prescriptive and predictive analytics strategies for data-driven decision making.

Tom Doub

This month's tweet jam expert is Dr. Tom Doub, CEO of Centerstone Research Institute (CRI),  a not-for-profit organization working to improve healthcare through research and information technology. Doub will be logged on to answer SearchCIO and participant questions during the analytics discussion. 

Event details:

Date: Wednesday, April 30, 2014
 3 p.m. EDT
 Use and follow #CIOChat (additional hashtags include #predictiveanalytics, #prescriptiveanalytics, etc.)

Is this your first tweet jam? Get all the know-how:

  • To follow the conversation, type "#CIOChat" into Twitter's search bar. From this new page, click "All" to view tweets in real time.
  • Your first #CIOChat tweet should be introductory, including your name, title and organization.
  • @SearchCIO will pose a series of questions to participants starting at 3 p.m. EDT (Q1, Q2, etc.). Please preface tweeted responses to each question with A1 (Answer 1), A2 and so on, then remember to include "#CIOChat" somewhere. Each question will follow the prescriptive and predictive analytics theme.
  • Remember that Twitter allows only 140 characters per tweet. You are welcome to tweet multiple responses to each question.
  • Throughout the discussion, retweet (RT) and favorite tweets you agree with and reply to those you do not.

Please direct questions, RSVPs or other concerns to Emily McLaughlin. Talk to you on Twitter!

Related Topics: BI software, VIEW ALL TOPICS