Big Data: Where the Opportunities Are!

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I am often asked the question as to which industries offer the best potential for application of a Big Data solution and I have always said that Banking and Financial Services, Insurance, Telecom, Media/Information Services and Manufacturing offer the best promise to begin with. And I have based my judgement not only on the potential impact of a Big Data solution on the top and bottom-line numbers but also on “relative” ease with which Big Data can be used for reducing costs or improving productivity.

My thinking on this subject was validated recently when I came across following excellent visualization on opportunities for Big Data across several industries prepared by Brett Sheppard based on Gartner Intelligence. According to Brett, this visualization is based on “Gartner’s comparison of eleven industries across seven dimensions using data from Gartner forecasts, market statistics and input from dozens of vertical industry experts”.

(Source: See this)

Republished with author's permission from original post.

Harish Kotadia, Ph.D.
Dr. Harish Kotadia has more than twelve years' work experience as a hands-on CRM Program and Project Manager implementing CRM and Analytics solutions for Fortune 500 clients in the US. He also has about five years' work experience as a Research Executive in Marketing Research and Consulting industry working for leading MR organizations. Dr. Harish currently lives in Dallas, Texas, USA and works as a Practice Leader, Data Analytics and Big Data at a US based Global Consulting Company. Views and opinion expressed in this blog are his own.

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