Prescriptive analytics

What is Prescriptive Analytics?

Prescriptive analytics helps organizations make better decisions by optimizing trade-offs between business goals, such as costs or customer service, while considering predictions, rules, and constraints on available resources, to recommend the best course of action, whether you want to decide on a configuration, a design, a plan, or a schedule.

What benefits does Prescriptive Analytics provide?

IBM’s Prescriptive Analytics solutions provide organizations in commerce, manufacturing, financial services, healthcare, telco, government and other highly data-intensive industries with the ability to find optimal, actionable choices, such as plans and schedules, at the click of a button.

With this insight, IBM customers have been able to:

• Improve operations - eliminate inefficiencies and capture more value
• Manage resources more effectively - better utilize: capital, personnel, equipment, vehicles, facilities
• Mitigate risk - gain insight into how decisions can have business-wide impacts and hedge against data uncertainty
• Increase agility - dynamically generate plans and schedules to adapt to market conditions
• Improve customer satisfaction - achieve customer expectations for customization and speed

Why IBM?

Prescriptive analytics technology combines best-in-class models, configuration and deployment options, rules/constraints, prediction, optimization techniques, scenario analysis, and a collaborative Line-of-Business environment for planning and “what-if” analysis to form a powerful foundation for decision management.

IBM prescriptive analytics solutions combine predictive models, deployment options, localized rules, scoring and optimization techniques to form a powerful foundation for decision management.

Featured prescriptive analytics products

All products - Prescriptive analytics