“Business analytics is still in its infancy with most of it being descriptive, and few models are prescriptive,” says Michael Wu, who just joined PROS as their chief artificial intelligence strategist (how’s that for a title?).

He continues in his blog: “With modern advancement in machine learning, many interesting predictive models are now possible. We have no shortage of data. As big data technologies are commoditized, the accessibility to data will only increase. What we need is smart data analytics to distill petabytes of big data into actionable bits.”

Source: mdm.com
Author: Thomas P. Gale