At the end of the day, big data is about harnessing the past for the sake of the future. This means different things in different industries, but if you are a retailer, it represents an opportunity to profit nicely.
“How To Use Big Data To Make A Fortune In The Retail Industry”
Business Insider, 2013
Over 60% of financial services institutions in North America consider big data analytics to be a source of a significant competitive advantage. Over 90% believe that “successful big data initiatives will determine the winners of the future.”
“Big Data Alchemy: How can Banks Maximize the Value of their Customer Data?”
Capgemini Consulting, 2014
Take on the modern challenges of the energy sector. We handle the growing volume, velocity and variety of information available, to help create better and more sustainable solutions.
87% of enterprises believe Big Data analytics will redefine the competitive landscape of their industries within the next three years. 89% believe that companies that do not adopt a Big Data analytics strategy in the next year risk losing market share and momentum
“84% Of Enterprises See Big Data Analytics Changing Their Industries' Competitive Landscapes In The Next Year”
Small E-commerce startups will benefit from data driven solutions, and find the right insights to establish themselves. By combining the right tools and looking for new ways to glean quality information, there’s no reason why a small E-commerce startup can’t carve out its own niche and compete with major online retailers.
“Leveraging Big Data for Your E-Commerce Startup”