How Prescriptive Analytics Could Harness Big Data to See the Future

Big Data--information sets too large to be effectively computed on desktop systems--isn't just the buzzword du jour. It provides an unprecedented ability for business and industry to precisely model the effects of past managerial decisions on the bottom line. But an emerging analytical process called prescriptive analytics could help companies not only learn from previous decisions, but predict and plan for upcoming issues as well. It's Big Data evolved, and could change how the world does busin...