November 2018
Intermediate to advanced
556 pages
14h 42m
English
Prescriptive analytics represents the next step in this prediction process and asks the question: How should we respond to these potential future events? Prescriptive analytics anticipates what will happen, when it will happen, and why, suggesting different options related to decisions. These analytics forecast future opportunities and/or mitigate future risks. The common application of prescriptive analytics in I-IoT is for condition-based maintenance (CBM).