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Indiana’s Purdue University uses data mining to determine potential for student success and to offer remedial...

Indiana’s Purdue University uses data mining to determine potential for student success and to offer remedial assistance in advance of failure.

Discussion Question:

What are the different industries that could gain a competitive advantage from big data analytics?

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Answer #1

Big data usage helps the industry to analyze the consumer pattern and behavior. Industries comes to know about the consumers choice and can customize their product basis their preference. It will help industries to make innovation while designing the products and services. By using the technology, industries can make themself cost effective. Below are example of industries which can gain competitive advantage from big data analytics.

  1. Retailing & Whole selling -
  2. Transport
  3. Energy & utility
  4. Banking & Insurance
  5. Communication & Media
  6. Healthcare
  7. Education
  8. Manufacturing
  9. Government Authorities etc.
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