Analytics can further be classified as descriptive analytics which studies the history and provides analysis reports, Predictive analytics, based on past trends and patterns, predicts the future trends and patterns, finally prescriptive analytics based on the predicted future trends and patterns, recommends decisions or actions to be taken.
All industry verticals collects and have access to pool of raw data, except that it needs high performance linearly scalable infrastructure and tools to consolidate, transform, cleanse and enable business users to study the trend and patterns of unknown events, and to transform this information to a revenue generating knowledge base.
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