Strategies To Use Big Data In FMCG: Forecast Predict The Spend On Big Data Technology And Services To Exceed $40bn In 2018

“The Latest Research Report Strategies to use Big Data in FMCG: How FMCG businesses are utilizing big data to gain a commercial advantage provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

About Big Data in FMCG Market

Big data is becoming huge. Across industries, companies are taking advantage of data resources and analytics capabilities to cut costs and target customers more effectively. The FMCG sector has arguably been slow to embrace the potential of big data. This will change as businesses see how big data can be used to find new visions that drive business.

Key Findings

The global market for big data is maturing: forecasts predict the spend on big data technology and services to exceed $40bn in 2018. A review of the world’s top FMCG companies reveals big data being used widely. Significant gains relate to using customer behavioral data to improve supply-chain issues, and support for specific marketing initiatives.

Get Sample copy of this Report @ https://www.marketresearchreports.biz/sample/sample/455668

Manufacturers and FMCG companies are already using big data to achieve significant savings in inventory costs (in the case of Procter & Gamble, over $1bn). Others, such as Nestl, Coca-Cola, and Mondelz, are using it to develop innovative products, improve targeting and increase revenue per customer.

Most FMCG businesses do not lack data. Instead, they have historically been unable to link data on marketing activity to commercial outcomes. This has placed FMCG businesses at a significant disadvantage relative to other business models and retailers.

Synopsis

The FMCG sector already uses big data, often the same data as the retail sector, but greater opportunities exist. This report examines how companies can use big data to improve revenues, control costs, and even innovate more effectively

View Sample PDF @ https://www.marketresearchreports.biz/reports/455668/strategies-to-use-big-data-in-fmcg-how-fmcg-businesses-are-utilizing-big-data-to-gain-a-commercial-advantage-market-research-reports.pdf

ReasonsToBuy

Summarizes key uses of big data, allowing companies to capitalize without having to invest in expensive experiments.

Provides easily understood strategies that companies can use in future business planning.

Provides case studies so you can see how big data has been effectively utilized.

Outlines the framework within which businesses are considering the use of big data and some of the key issues they are likely to face.

Table of Contents

Professor Merlin Stone

Jane Fae

Disclaimer

Executive summary

Conceptual framework

The impact of big data

Data: types, sources, implementation

Using big data

Conclusions: future recommendations

Chapter 1 Conceptual framework

Summary

Introduction

What is big data?

Send An Enquiry Request @ https://www.marketresearchreports.biz/sample/enquiry/455668

3V’s definition of big data

Beyond the 3V’s

An alternative view

Locating big data in the FMCG sector

Business and technical issues associated with big data

Report context

Aims and objectives

Chapter 2 The impact of big data

Summary

Introduction

Key areas of impact

The scale of big data

The big data market: global

Big data satisfaction

Big data in FMCG

Spend

The size of the prize

Big data as a defensive strategy

FMCG intentions: ‘blue skies’ thinking

Chapter 3 Data: types, sources, implementation

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

E: sales@marketresearchreports.biz

Designed by CyFocus.com
Powered by CyFocus.net
%d bloggers like this: