Shippers see more strategic and IT-based processes such as supply chain planning and network modeling and optimization as great areas of opportunity to leverage big data.

Network Modeling

The method of creating a mathematical model to represent a system of interconnected elements or processes for analysis and optimization.

IT-Based Processes

Processes that rely on information technology to operate or deliver a service, encompassing everything from software development to data management.

Big Data

Extremely large data sets that are analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.