The River Logic Blog

A Q&A Series on the Value of Prescriptive Analytics in Oil & Gas - Part III

This is a 3-part Q&A series with Chris McManaman, Director Commodity Trading and Risk Management, CGI Global

CGI has used enterprise-wide optimization for many use cases—what are the primary ones you’ve focused on? Why have you chosen to focus on those particular use cases?

A Q&A Series on the Value of Prescriptive Analytics in Oil & Gas - Part II

This is a 3-part Q&A series with Chris McManaman, Director Commodity Trading and Risk Management, CGI Global

How would you describe Prescriptive Analytics’ impact potential in the Energy/Oil & Gas market, especially as compared to other forms of advanced analytics?

Prescriptive analytics enables you to leverage all your data analytics to produce better decisions more quickly. It pulls all the other advanced analytics domains together to create the analytics that people actually wanted in the first place. You can use the lessons in descriptive and diagnostic analytics to understand the constraints and correlations involved in making decisions. You can use predictive analytics to determine where you want to position yourself.

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