Question: UPS is no stranger to big data, having begun to capture and track a variety of package movements and transactions since as early as the
UPS is no stranger to big data, having begun to capture and track a variety of package
movements and transactions since as early as the s The company now tracks data on
million packages per day for million customers, with an average of million
tracking requests from customers per day. The company stores over petabytes of data.
Much of its recently acquired big data, however, comes from telematics sensors in over
vehicles. The data on UPS package cars trucks for example, include their speed,
direction, braking, and drive train performance. The data is not only used to monitor daily
performance, but also to drive a major redesign of UPS drivers route structures. This
initiative, called ORION OnRoad Integrated Optimization and Navigation is arguably the
worlds largest operations research project.
It also relies heavily on online map data, and will eventually reconfigure a drivers pickups and
dropoffs in real time of more than million gallons of fuel by cutting million miles off of
daily routes. UPS estimates that saving only one daily mile driven per driver saves the
company $ million, so the overall dollar savings are substantial.
Explain how this company can capture financial value by applying Big Data solution.
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