If you really like sports and you’re really skilled at data analysis or machine learning, you might want to make that your profession.
On Thursday, private equity firm Vista announced it has acquired a natural-language processing startup called Automated Insights and will make it a subsidiary of STATS, a sports data company that Vista also owns. It’s just the latest example of how much money there is to be made when you combine sports, data and algorithms.
The most-popular story about Automated Insights is that its machine-learning algorithms are behind the Associated Press’s remarkably successful automated corporate-earnings stories, but there’s much more to the business than that. The company claims its algorithms have a place in all sorts of areas where users might want to interact with information in natural language — fitness apps, health care, business intelligence and, of course, sports.
In fact, someone from Automated Insights recently told me that fantasy sports is…
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