What is Prescriptive Analytics and Why Should You Care

My latest article:

Prescriptive analytics is the final stage of understanding your business, and those organisations that will successfully incorporate prescriptive analytics in their strategy-making process will achieve a competitive advantage. When you incorporate prescriptive analytics in your big data strategy, it can help you make business decisions faster to enhance the efficiency and productivity of your organisation. It will offer you the insights to develop better products and services, which is why you should investigate the potential of prescriptive analytics today.

Three Useful Nuggets of Information

My weekly tips from around the web to get you thinking.

1. Google added the Ethereum dataset to its analytics platform.

Last week, Google made the entire Ethereum dataset available in its analytics platform BigQuery. This will allow users to make better business decisions, and prioritise improvements to the Ethereum architecture itself. The integration will make it easier for users to analyse the Ethereum blockchain. (CoinTelegraph)

2. Facebook moves to unsupervised learning for translations.

What to do when you need to translate content but don’t have many examples of translations from one language to another? Instead of manually training an algorithm, you let the algorithm figure it out by itself. That is what Facebook is doing and the unsupervised machine learning technique proofs to be quite reliable. (VentureBeat)

3. Venezuela’s cryptocurrency is nowhere to be found.

An investigation by Reuters revealed that the much-hyped Venezuela’s cryptocurrency The Petro does not seem to exist at all. Although president Nicolás Maduro claims that The Petro is a massive success, Reuters did not find any evidence to back those claims (Reuters)