Data Transformation: Your most...

The Connectivity Problem While buzzwords such as predictive maintenance, artificial intelligence, digital twin and augmented reality have promised to enable the fabled digital transformation of
MachineMetrics / Aug 21, 2019

Four Considerations for Manufacturing...

With global spending on IIoT expected to reach $745 billion in 2019, industries continue to gear up for Industry 4.0.  According to International Data Group (IDC), that number represents an increase
MachineMetrics / Aug 13, 2019

Managing the Risks of Digital...

Digital transformation is a disruptive process that often throws companies into uncharted territory for their business.  Many organizations have plunged headlong into the process and are ahead of the
MachineMetrics / Aug 06, 2019
Start driving decisions with machine data.
Categories:

    Big data to learn about customers

    Graham Immerman
    Graham Immerman Big Data / August 15, 2017

    As time passes and businesses look for ways to increase their worth, the applications of big data analytics continue to flourish in new arenas, such as customer insight. Even as new consumption channels develop, retail sales continue to increase, and with increased consumption comes increased opportunity to learn about a growing, changing consumer base. Big data analytics play an important role in customer insight, through purchase recommendations, customer initiatives, market basket analysis, and more. The ability to learn about a consumer base is extremely valuable, and companies are beginning to realize big data offers what they need to successfully maintain business in an unstable market.

    Recommended Read DRAWING ON BIG DATA FOR CUSTOMER INSIGHTSSource: http://www.marlinfinance.com

    he overall trend for retail sales volume is up, despite considerable disruption to the channels consumers use to make purchases. Total retail sales are expected to grow 3.7% to 4.2% in 2017, driven in large part by online sales, which are forecast to grow 8% to 12% this year.[1] Read More

    Comments

    Leave a comment

    Subscribe to our mailing list

    Related posts

    Big Data next year

    Big Data next year

    Aj Agrawal has some big predictions for big data next year. In his words, he thinks that cognitive technologies are on the rise, there'll be more growth in prescriptive analytics, machines will be lea...

    Big Data / August 15, 2017
    Why small businesses should use big data

    Why small businesses should use big data

    It's no secret that many large businesses have adapted to using big data in many facets of their day to day operations. In fact, 78% of large employers say they do. Small businesses, however, have not...

    Big Data / August 15, 2017
    Big data, happy cows

    Big data, happy cows

    Big Data continues to be utilized in unexpected ways, even resulting in some happy cows! Cargill Inc. has seen success in Europe using industry 4.0 and big data to keep dairy cows comfortable, and thi...

    Big Data / August 15, 2017
    Use big data - your competitors probably do

    Use big data - your competitors probably do

    If you’re not using big data, you are behind. It is no longer the technology of the future or the next big thing, it’s happening right now. Under Armour, for example, is using data from MapMyFitness t...

    Big Data / August 15, 2017
    Big data in hospitality

    Big data in hospitality

    Big data is not just for high-tech companies, and an example of this is how the hospitality business is applying it to restaurants. One executive said, “The goal is to leverage the technology to do wh...

    Big Data / August 15, 2017
    So you want to work in big data?

    So you want to work in big data?

    Big data is a growing field with a large opportunity for growth, but how do you secure one of those jobs? By getting experience and education in math, statistics, and programming such as Python, SQL, ...

    Big Data / August 15, 2017
    Big Data is a big focus for IoT providers

    Big Data is a big focus for IoT providers

    IoT providers are largely focused on big data and analytics. In fact, 75% of them are prioritizing those skills when hiring IoT experts. However, 68% of those same companies are finding it difficult t...

    Big Data / August 15, 2017
    Walmart big data case study

    Walmart big data case study

    Who uses big data? Walmart does! A leader in many industries, Walmart is also a leader when it comes to big data analytics. As the volume of data continues to pile up, Walmart continues to use it to i...

    Big Data / August 15, 2017
    Big data used for good

    Big data used for good

    Mastercard is changing the way big data is utilized as they continue year 4 of the Mastercard Center for Inclusive Growth, an independent subsidiary of the company that solely focuses on the applicati...

    Big Data / August 15, 2017
    Mining and big data - finding your niche

    Mining and big data - finding your niche

    Big data can be applicable to just about any and all industries, including mining! World Wide Technology worked with mining company administrators to implement a predictive analytics system, which uti...

    Big Data / August 15, 2017
    Popular
    8 Wastes of Lean Manufacturing | MachineMetrics
    MachineMetrics / Jan 25, 2016
    The Real Cost of Downtime in Manufacturing
    MachineMetrics / May 08, 2018
    OEE, OOE, and TEEP - What's the difference?
    MachineMetrics / May 17, 2017
    How manufacturers Use Kaizen To Improve Quality and Efficiency
    MachineMetrics / Aug 20, 2015
    Why Industry 4.0 is important
    Industry 4.0 / Jul 24, 2017
    Categories

    see all