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DATA IS THE NEW GOLD
7. AutomobileManufacturing Industries
The automotive industry has been using data to power
its manufacturing robots for decades to improve quality,
increase production, and satisfy customers.
Automobile manufacturers are now gearing up for the
next big shift in the data revolution. Carsareundoubtedly
thesecondmost popularpieceof technologyinusetoday,
trailing only mobile phones.Thanks to data analytics,the
industry manufactures and sells more vehicles than ever,
and automotive innovation in the form of self-driving and
electric vehiclesis transforming the world.
Because of Big Data, there is a new way to look at the
automobile industry: it is now possible to design a car
to meet the needs of those who desire customization.
This enables auto manufacturers to show the rest of the
world that they are cutting-edge; Tesla is an excellent
example. Tesla, Inc. is an electric vehicle manufacturer
and clean energy company co-founded and led by Elon
Musk. In the coming years,data will be at the core of the
automotive industry.
8. Recreation
Consuming media and entertainment have become a
regular part of our lives, and we are very excited about
trying new ways to consume content while having the
freedom to watch when and where we want. Not to say
we didn’t have a choice before, but things have changed
dramatically. There are now numerous options, and they
can be streamed on a variety of devices, making them
more user-friendly and available on-demand.
Big Data has aided in the accessibility and processing of
real-time data of various types and in the development
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