Leveraging advanced data analytics
As consumers, many of us enjoy streaming services such as Netflix which seemingly has the widest variety of ‘on demand’ entertainment choices at an affordable price.
In addition, we also enjoy e-Commerce companies like Amazon which have virtually everything you may need on their online marketplace (over 600 million products and counting) at a competitive price, and delivered to your door in a reasonable timeframe.
Whether it is Netflix, Amazon or other consumer industry leaders, one common success trait is their use of advanced data analytics to supplement insights, decision-making, agility and other areas that differentiate their performance from their peers.
Although the first movers may have been operating in consumer-facing and finance-oriented markets, the B2B space where the Industrial Gas industry operates, is also taking advantage of ‘big data’ analytics, and in many respects in a more complex fashion with global customers, unique product and service needs, at much higher dollar values.
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