Fully tapping the potential of data can give financial services institutions and related companies worldwide more than $309 billion in value over a four-year period, according to an IDC study commissioned by Microsoft and summarized in the infographic here.
One recent study showed that up to $4 trillion worth of merchandise will be abandoned in shopping carts in 2014, so it’s no surprise that retailers are “getting serious about growing their data smarts,” writes Tracy Issel.
In separate posts on the Microsoft Vertical Industries blog, officials with insurance companies Numerix and Milliman explain why their companies turned to Microsoft Azure to help make more-informed decisions and to arrive at them more quickly.
On the Microsoft Vertical Industries blog, Redknee CTO Jim DeMarco shares how his company’s longstanding strategic partnership with Microsoft highlights the live-time nature of the connected customer experience.
Head over to the Microsoft Vertical Industries blog to find out more about the IDC study – including checking out much more of the infographic that visually depicts the results – and the ongoing TM Forum Live! in Nice, France where telecommunications companies are reinventing their businesses to become digital service providers.
Microsoft recently sponsored an IDC study to look at companies worldwide to better understand what steps by “data smart” manufacturing organizations yielded the best outcomes in terms of growth and efficiency. The result, a whopping $371 billion, is the potential net value of what is referred to as the “data dividend” over a four-year period for the manufacturing sector.