Panel Cites Storage, Prescriptive Analytics as Key Technical Challenges, Opportunities
Panelists highlight evolution of analytics from historical to predictive, and ultimately, prescriptive.
"The big difference over the past five years is the amount of data that people want to store," said Ron Papka, global head of Citi Velocity Analytics and data services at Citigroup. "We're running out of storage space. We need new technologies for more efficient storage."
Paresh Patel, head of global markets research technology at Nomura, disagreed that storage is a concern, but agreed that "We are producing so much more data than we did in the past... and the quality and speed of data being
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