Collective Intelligence & The Energy Trading Floor Of The New Decade
- Jun 10, 2020 5:37 pm GMT
Getting tired of hearing how big data, artificial intelligence and machine learning will eventually solve all complex decisions in the energy markets?
Blame it on baseball.
Sabermetrics began the quest to use data to predict the future. Once the Boston Red Sox embraced sabermetrics and finally conquered the “Curse of the Bambino”, Silicon Valley realized the impossible was possible.
The age of algorithms had arrived.
Today, successful, forward-thinking organizations understand data analytics is now in just about everybody’s job description and, analyzing raw information to make conclusions colors every facet of daily business life. However, simply embracing big data analysis is only a first step and, even game-changers like machine learning will never fully ensure our ability to solve every intricate business decision, including those associated with problems as complex as energy portfolio optimization.
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