By now it’s difficult to deny the impact big data is having on businesses of all kinds. We’ve explored how big data is altering the future of business before, and some of the changes discussed at that time – the arrival of automation, the expansion of the Internet of Things, and so on – are becoming relevant even more quickly than many anticipated. Already today, the most forward-looking companies are embracing extraordinarily sophisticated technology for the purposes of streamlining operations and maximizing productivity.

There are a few choices available to businesses in the world of analytics: you can use powerful, modern predictive analytics software, you can employ an actual statistician, or you can use a blended approach with both software and statisticians. There are pros and cons to each method, and the one that is right for your business will not only depend on what type of business you have but also how you use data. Guest Post By Devin Morrissey