Big Data and Prescriptive Analytics Paper

in /by

Big Data and Prescriptive Analytics Paper

s.

This discussion addresses the following module outcomes:

  • MO1: Define business analytics and Big Data (CO2)
  • MO2: State examples of how data are used in business. (CO6)

It is difficult to read any business periodical or journal without running into the term “big data.” A Google search on the term will return some 263 million results. Granted, there is a lot of hype about the topic, but its existence is real and its impacts are profound.

Two especially relevant aspects of big data impacting businesses today are predictive and prescriptive analytics, the latter being less familiar to most people.

How do prescriptive analytics impact your chosen career field? Do you think it is currently important or do you think it is yet to be widely adopted? Find, summarize, and reference a mainstream news article or research article supporting your response.

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