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.