https://insidebigdata.com/tag/connected-well/ Your Source for AI, Data Science, Deep Learning & Machine Learning Strategies Wed, 19 Oct 2022 16:11:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 136462205 https://insidebigdata.com/white-paper/the-connected-well/ https://insidebigdata.com/white-paper/the-connected-well/#respond Thu, 01 Sep 2016 15:37:21 +0000 http://insidebigdata.com/?post_type=wpdmpro&p=15368 The sorts of questions that oil and gas managers need answers to is driving the need for ever more sophisticated analysis. Moving from descriptive analytics which answer the question “What happened?” to diagnostic analytics which address “Why did it happen?”. Once companies have that information, it would be natural to want to understand “When will it happen again?” (predictive analytics). And finally, companies will also want to find out “What should happen?” (prescriptive analytics) in certain scenarios, so that they can get repeatable results. ]]> 0 15368