Tuesday, February 25, 2014
Value of Business Simulation
If you could only understand how your business would operate before making changes? All business is based on prediction. You predict you will make money under future contexts. Yet all prediction is inaccurate. We know that finding the means to simulate your business can aid you in making the right choices. An interesting look at business simulation. Both Big data methods and predictive analytics are giving us new approaches. More in this blog on the considerable business simulation methods we experimented with. It surprises me to revisit the great breadth of these efforts.
Labels:
Analytics,
predictive,
Simulation
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