Prescriptive Analytics And Big Data – Next Big Thing?

Predictive analytics tells you what will happen; prescriptive analytics tells you what to do about it.

Predictive analytics predates big data, of course, but the two complement each other nicely. According to Gartner, more than 30% of analytics projects by 2015 will provide insights based on structured and unstructured data.

Jeff BertolucciPrescriptive Analytics And Big Data – Next Big Thing?

ANALYTICS: The Technology Behind Image Analytics

An introductory definition of image analytics is a transformation from images and videos to analytically prepared data. For the purpose of this introduction to image analytics, we define an image as the rendering of a still (non-moving) scene and a video as the rendering of a scene containing a still or panning background segment and moving foreground segments. Note that by implication, a video is also a sequence of images (also called a sequence of frames).

Atanu BasuANALYTICS: The Technology Behind Image Analytics

ANALYTICS: Images & video – really big data

Sizing up the potential impact of prescriptive analytics driven by proliferation of images and video

The human brain simultaneously processes millions of images, movement, sound and other esoteric information from multiple sources. The brain is exceptionally efficient and effective in its capacity to prescribe and direct a course of action and eclipses any computing power available today. Smartphones now record and share images, audios and videos at an incredibly increasing rate, forcing our brains to process more.

Atanu BasuANALYTICS: Images & video – really big data