Understanding Analytics Types: Descriptive, Prescriptive, Diagnostic, and Predictive

Analytics play a crucial role in gaining insights from data to drive informed decision-making. There are four main types of analytics: descriptive; prescriptive; diagnostic; and predictive. Understanding these types can empower you to extract valuable insights and help your organization optimize its processes. Partnering  with an experienced provider can help your organization develop the necessary knowledge and understanding internally, preventing rework and minimizing value leakage from projects.