Learning systems are revolutionizing many business and research processes today. There are three primary analytics models: descriptive, predictive, and prescriptive.
- Descriptive Analytics analyzes historical data and identifies patterns to describe what happened.
- Predictive Analytics uses these models to forecast future events, providing guidance, information, and insights into data and systems.
- Prescriptive Analytics and deep learning take it a step further by generating actionable insights and recommendations based on future predictions. These systems continuously improve as they are fed more data, enhancing their predictions and recommendations over time.
Machine Learning and AI can elevate your business by uncovering hidden insights within your large data sets, driving more revenue, and reducing expenses.
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