Many industries today benefit from applying analytics to their more vexing problems. Oil and gas will follow suit. This post was first published on October 22, 2016. Curious if I was right.
Many industries today benefit from applying analytics to their more vexing problems. Examples include life insurance companies who try to predict customer acceptance of new insurance products, retailers who predict the sales of new outlets, cable companies who try out new cable bundles, and food companies who plan menu choices (such as an all you can eat shrimp dinner special) based on expected availability of key commodities (like shrimp).