Even though big data is no longer the shiny new buzzword that it used to be, the concept is quite contemporary for several industries. For others, big data is already a key influencer of their business intelligence.
Let’s take a look at which industries are using these vast amounts of information, according to a 2015 Tech Pro Research study.
Image: Tech Pro Research
Telecommunications the Top Big Data User
As you can see in the above chart from Tech Pro Research, the telecommunications industry leads the pack with big data implementation at 58 percent. The other leaders in this area are:
The lowest percentages of big data implementation belong to the following industries:
Are you wondering how these industries are implementing new business data?
In telecommunications, the data flow from customers is being analyzed to improve customer service when there are issues with the service or device, and to build smarter networks that can handle increased traffic and demands across mobile devices.
In engineering and construction, some firms are using big data to help tame overwhelming project schedules, create benchmarking tools with industry data, and manage project costs.
In IT & technology industries, big data helps organizations create flexibility and scalability in their networks, detect if and where data loss or unavailability occurs, and fix issues with internal storage systems.
In the banking sector, some financial institutions may be using large volumes of data to reduce fraud, determine credit scores, and set interest rates.
In logistics and transport, companies are tapping into big data to improve supply chain visibility and reduce blind spots, a major challenge for this industry.
What are some other ways you see industries harnessing and optimizing big data for greater business intelligence? Let us know in the comments.
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