Why prescriptive analytics and decision optimization are crucial
3 min read - Prescriptive analytics help businesses identify the best course of action, so they achieve organizational goals like cost reduction, customer satisfaction, profitability etc. While figuring out what you should do is a crucial aspect of any business, the value of prescriptive…
Optimize healthcare delivery and reduce costs with prescriptive analytics
3 min read - The global healthcare industry is undergoing a fundamental transformation as it moves from a volume-based business to a value-based business. With increasing demand from consumers for enhanced healthcare quality, healthcare providers and insurers are under pressure to deliver better outcomes.…
Prescriptive analytics: Manage manufacturing costs and improve ROI
3 min read - Today’s manufacturing organizations operate in a dynamic environment characterized by increased complexity and uncertainty. The financial performance of manufacturers hinges on their ability to manage production costs efficiently, while rapidly adapting to constantly changing conditions, from demand fuctuations to delivery…
Three ways prescriptive analytics helps deliver better financial services
3 min read - As any financial services executive knows, improving business results with precise, timely decisions is much harder than it looks. A multitude of factors can get in the way of achieving the optimal mix of cost savings, risk mitigation, profitability and…