I understand the theory behind prescriptive analytics tools but I'm curious about real-world applications. We have descriptive and predictive analytics in place but wondering if prescriptive analytics tools would add enough value to justify the investment.
What practical business problems have you solved using prescriptive analytics tools? How do these tools integrate with your existing data-driven decision making processes?
Also, what's the learning curve like for teams transitioning from descriptive analytics techniques to prescriptive approaches?
What practical business problems have you solved using prescriptive analytics tools? How do these tools integrate with your existing data-driven decision making processes?
Also, what's the learning curve like for teams transitioning from descriptive analytics techniques to prescriptive approaches?
