We can’t change the weather, this is a fact that will remain but it does seem that we can enhance our ability to predict what may be coming. This foresight can make huge impacts on the business world, in terms of predicting weather problems for supply chain and point-of-sale issues.
Extreme weather has always created issues for cost-reduction and globally is estimated to have cost $125b in 2013 alone. This puts in to perspective the importance of accurate prediction, usinganalytics can certainly help to avoid such figures in future.
Big Data Analytics 2014 takes place June 19th at the Hotel Russell, London. Join us to talk in more detail about the uses of Big Data within large enterprise. See last year’s highlights below: