Union Pacific Railroad, the largest railroad company in the USA, has adopted big data in many aspects of its operations. For over 150 years the companies hauls coal, grain and manufactured goods in 23 states west of Chicago and New Orleans. It has over 44.000 employees, more than 8.000 locomotives and in total runs 31.900 route miles. It turned to big data to improve their … [Read more...] about Union Pacific Railroad Turned To The Industrial Internet To Stay On Track
predictive analytics
Understanding Your Business With Descriptive, Predictive And Prescriptive Analytics
Companies have long been involved in the analysis of how a company performed over time. As the history of big data shows, already for many years, we try to understand how the organisations or the world around us behaves by analysing the available data. In the past, this used to be merely descriptive analytics. This answers the question what happened in the past with the … [Read more...] about Understanding Your Business With Descriptive, Predictive And Prescriptive Analytics
Customer Strategy – How Will You Utilize Predictive Analytics?
Organizations have the opportunity to grow by becoming more customer centric aligning their operating model around the customer to drive an effective market strategy. A key step in designing a customer centric operating model is to analyze and predict a customers future buying behavior. The business intelligence market is growing nine percent per year and will exceed $80 … [Read more...] about Customer Strategy – How Will You Utilize Predictive Analytics?
