Big Data is the gathering and analysing of enormous data, used to extrapolate patterns, trends and associations, specifically surrounding human interaction and behaviour. Many Organizations specifically in E-com Space have started using it, in this case to predict items that a user may want to purchase, based on their previously bought items. Within the FM (Facilities Management) sector, it could lend serious insight. To illustrate, Facilities Managers could benefit from the ability to predict energy consumption in a space, according to the temperature, weather or time of day, effective Transport Management, proper usage of 3Ms’ (Man, Machinery & Material), last but not the least right procurement at right time.
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