Is ML changing process analytics? – By Aditya Abeysinghe Process analytics Process analytics uses data from current processes of a business to analyze and identify how it could predict future processes of a business. For analytics, different sources of data and different types of data could be used. Insights can be derived using different types of process analysis. Business decisions can be made using output of these analytics which help businesses to improve their business processes. Why use analytics? There are different types of business process analytics. One type of analytics is descriptive analytics and this type analyzes historical data to describe current trend of a business process. This way a business can find where issues have occurred, the historical trends of a business process, and how current business trends have changed from that of past trends. This method enhances businesses to gain information from data and make decisions. Another ...
Dec 3, 2022
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Aditya Abeysinghe, Articles
Tagged business process analytics, Machine Learning, ML changing, Process analytics