The power of data analytics and machine learning is making it possible for companies that have mastered entire industries to take the next step and digitally transform their business. One of my favorite examples is United Parcel Service (UPS), which started out as a messenger company in 1907 and has steadily grown to become the largest package delivery and specialized transportation and logistics company in the world.
Throughout the advent of e-commerce, UPS continues to play an even greater role in the movement of goods around the globe, and yet this 112 year-old company is just getting started. The massive amounts of data underlying its operations provide the foundation for UPS to lead the way in implementing more efficient, profitable and forward-thinking approaches in running its business.
Google Cloud Platofrm, Bigquery
Working in collaboration with Google Cloud Platform (GCP), UPS was able to design routing software that tells the delivery driver exactly where to go, every step of the way. The routing software saves the company up to $400 million a year, and reduces fuel consumption by 10 million gallons a year.