Identify use cases from any industries of your choice and elaborate on how Big Data analytics can be used to transform those businesses.
Telecoms : The telecom industry worldwide is finding itself in a highly complex environment of decreasing margins and congested networks; an environment that is as cutthroat as ever. A new IBM study on how telcos are using Big Data shows that 85% of the respondents indicate that the use of information and analytics is creating a competitive advantage for them. Big data initiatives promise to improve growth and increase efficiency and profitability across the entire telecom value chain. Yes, Big Data to the rescue again! The potential of Big Data, however, poses a challenge: how can a company utilize data to increase revenues and profits across the value chain, spanning network operations, product development, marketing, sales, and customer service. Big Data analytics, for instance, enables companies to predict peak network usage so that they can take measures to relieve congestion. It can also help identify customers who are most likely to have problems paying bills as well as t...