Prescriptive
Scenarios
Model
Analytics
Strategic Insights
Smart Resource Allocation Using Analytics
Data Analysis
Big Data Models
Optimizing Resource Allocation Strategies 
Techniques such as predictive analytics and
prescriptive analytics can provide insights into potential outcomes based on different allocation scenarios
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Scenarios Prescriptive Scenarios: These scenarios recommend actions based on predictive and descriptive analyses
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Model Prescriptive Models These models recommend actions based on data analysis
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Analytics Prescriptive Analytics: This type provides recommendations for actions to optimize outcomes
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Strategic Insights Prescriptive Analytics Prescriptive analytics recommends actions based on predictive models
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Smart Resource Allocation Using Analytics Prescriptive Analytics: A type of data analytics that recommends actions you can take to affect desired outcomes
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Data Analysis Prescriptive Analysis Prescriptive analysis suggests actions to take based on the analysis of data, often using optimization and simulation algorithms
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Big Data Models are some of the most prominent models used in business analytics: Descriptive Analytics Predictive Analytics
Prescriptive Analytics Diagnostic Analytics Machine Learning Data Mining Types of Big Data Models Model Type Description
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Streamline Financial Analysis Prescriptive Analytics Providing recommendations for actions based on data analysis
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Analytics Overview Regression analysis, time series analysis, machine learning algorithms
Prescriptive Analytics Suggests actions to achieve desired outcomes by analyzing data and providing recommendations
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