More and more industries are steadily using and investing in Big Data Analytics and Data Science

In fact, as per a recent study, almost 80% of Fortune 1000 companies have stated that their Big Data Investments have been successful.

Big data isn’t just being used for cost-cutting and operational efficiency, but it is also being used in innovative ways.

For instance, data from UPS (an international courier service) was analyzed and it was realized that if their drivers took only right turns (and limiting left turns), they would see a large improvement in fuel savings and safety, as well as reduce wasted time. Once it was practiced, it resulted in UPS saving up to 10 million gallons of fuel and avoided the emission of 20,000 tons of CO2 emission in a year.

Sources of data can be multiple; it can be from sales, enquiries, HR, social media, etc. But the primary responsibility for any company using data is to treat it as an asset and moreover get the right people and embark on a data driven culture.

Click here for more articles!

• Data Scientist-Sexiest Job of 21st Century or just plain Hype!
• Do you have the Top 7 Skills needed for becoming a Data Analyst?
• What is  Data Interpretation and how to do it well?
• Business Intelligence(BI) Vs. Data Analytics
• From Drowning in Data to Data-Curiosity
• Top Leading companies using Big Data in this region currently
• Adopting the Data Driven Culture
• From Ordinary to Extra Ordinary-Use of Big Data Analytics in Marketing!
• Big Data Analytics in Finance Industry- Here to stay!
• Big Data Analytics-An Illustration through Case Study
• Can you be a part of the Big Data Trend?