Big Data And Sustainability Business - 1484 Words

Big Data and Sustainability Business thrive when they have the most accurate, up-to-date, and relevant information at their disposal. This information can be used for a plethora of pertinent markers in small and large businesses, relating to accounting, investments, consumer activity, and much more. Big data is a term used to describe the extremely large amounts of data that floods a business every day. For decades, big data has been a growing field, facing controversy on many levels, but as of late, it has been a major innovator in the challenge of making businesses more sustainable. Big data is often scrutinized for its over-generalization and inability to display meaningful results at times. When applied correctly, data analysis can bring earth-altering information to the table. Our planet faces serious problems, ranging from high emission rates, to extreme waste, we are using the equivalent of approximately 1.6 planets to provide us the resources we require to produce and absorb our waste (â€Å"Worldâ₠¬â„¢). The result of this radical overuse of resources is less forest cover, global warming, air pollution, depletion of fresh water and the overall buildup of pollutants. Nearly two-thirds, 63%, of all industrial carbon dioxide and methane released into the atmosphere since 1854 can be traced to fossil fuel and cement production by just 90 entities (‘Largest Producers†). All 90 of those entities are big businesses with even bigger data. Many companies have started using bigShow MoreRelatedReport on Consumer Behavior Towards Technological Goods Produced Using Sustainable Business Practices1436 Words   |  6 Pagesgoods produced using sustainable business practices. Table of Contents 1. AbstractPage 3... 2. IntroductionPage 3-4 3. Literature ReviewPage 4-5 4. MethodologyPage 5... 5. ResultsPage 6-8 6. ConclusionPage 8... 7. BibliographyPage 9... 8. AppendixPage 10-11 1. Abstract This report shows data on consumer behaviour as primary research and secondary data from literature about sustainability, sustainable business practices and consumer behaviourRead MoreRole Of The Roles Of The Company s Supply Chain Essay1318 Words   |  6 Pages Executive Summary Role of the different actors in supply network Producers (http://www.inderscience.com/info/ingeneral/cfp.php?id=489) The producers play a big role in the firm’s supply chain, from product development to finished goods inventory management. Integrating the supplier’s activities with its own has become important for the firm, to minimise inventories and to be able to deliver customer orders on time. 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The aim of sustainable marketing is to satisfy the customer’s the needs and wants while also putting high emphasis on the environment and the social issues and thusRead MoreGe Energy Rentals Is A Business Unit Of The General Electric1520 Words   |  7 PagesGE Energy Rentals is a business unit of the General Electric Power Systems (GEPS) (Bollapragada, Ganti, Osborn, Quaile, Ramanathan, 2003, p. 45). The GE Energy Rentals has established a web-based application to evaluate the customers credit worthiness. In other words, this is a technology aimed to determine the worthiness of the customers’ credit. GE Power is the world’s recognized power generation leader. The GE supplies the electricity industry with the world’s most efficient digital power plantRead MoreToyota Production System ( Tps )1164 Words   |  5 PagesIntroduction The Toyota Production System (TPS) is a lean production Operations Management technique, steeped in the philosophy of operational efficiency, operational sustainability, operational effectiveness, and quality, with focus on waste elimination, innovation and human rights (Toyota Motor Corporation, 2015a; Toyota Motor Manufacturing, 2015). At its foundation, TPS utilizes the guiding ideologies of â€Å"Just-In-Time† production, or efficient resource management, and â€Å"Jidoka,† or quality assuranceRead MoreBig Data, Internet Of Things, Smart Packaging : The Future Of Brands1161 Words   |  5 PagesBig Data, Internet Of Things, Smart Packaging: The Future Of Brands Technological innovation and the Internet of Things (IoT) are forcing companies to adopt perpetual change. No industry, segment, or market is immune. Consumers are forcing both brands and the packaging industry to evolve to focus on bringing products to the market that reduce costs and increase revenues†¦while driving brand awareness, sustainability, consistency, and competitiveness. Further, the packaging market is moving from conventionalRead MoreBaidu : A Chinese Search Engine Provider1430 Words   |  6 Pagesis a business concept that describes the aspects that allow an organization to outperform its competitors (Nuttall, 2009).Baidu’s competitive advantage over Google is that it provides better Chinese-searches results as Mr. Li owner of Baidu stated â€Å"Baidu knows Chinese better†, while also providing a more relevant search results compared to other Chinese search engines such as 360 search and Sogou search (Einhorn Stone, 2010). Another advantage Baidu has is the amount of Big Data it has, Big Data