Right now, every company claims to have terabytes of data flowing in. And yet, no company I have ever been to, from startup to Fortune 500, has incorporated Bayesian statistics and really utilized the power of user-level data. These are people who are trained in statistics or computer science, people who are paid to raise the bottom line for the company and thus have enormous incentive to do so.
Sourced through Scoop.it from: techcrunch.com
By Andre Borczuk.