Big Data Saves Money

Big Data continues to be a big topic in the technology industry. Specifically, however, the topic often varies. Sometimes companies are worried about the collection; sometimes they are worried about the management; other times they are worried about the actual application.

UPS recently announced that they spend over $1 billion per year on big data. The results of this spending often result in lowered fuel expenses, more efficient routes, and ultimately faster and cheaper deliveries for the customer. Big data helps UPS shape the future of the shipping business.

The fact that they are already spending $1 billion per year is quite shocking. Big data has only recently become a serious “thing.”

Source: http://www.businessweek.com/videos/2013-11-08/how-ups-saves-cash-through-technology-big-data


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