B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
60%
60% -- operating margin increase potential for retailers adopting big data (2016)
Retailers who fully embrace big data could increase operating margins by up to 60%.
- Potential increase of up to 60%
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
60%
Unit
Percentage
Data Vintage
2016
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Forbes
Primary
Tier C
https://www.newgrove.com/what-can-i-do-with-big-data-and-just-how-big-is-it/ ↗
Source Article
What Can I do With Big Data, and Just How Big is it? - Newgrove
Corporate decision makers know they must incorporate data sets of increasing size into their strategies, but this begs the question: “What can I do with Big Data?”
Through utilising Big Data, you can achieve a new level of commercial understanding, and discover insights that can be used to fine-tune…
Original Research
Forbes
· Original study ↗
Methodology
Cited by Newgrove as attributed to Forbes; original methodology not stated
Methodology documented
Trend Over Time
| Period | Value | Change |
|---|---|---|
| 2011-05 | 60% | |
| 2016 (current) | 60% | 0% |
Segmentation
Industrymarketing
Cite this stat
Plain Text
retailers adopting big data: 60% operating margin increase potential. Source: Forbes (2016). Via Lighthouse Intelligence -- https://lighthousedata.io/data/retail-big-data-operating-margin-60
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<blockquote cite="https://lighthousedata.io/data/retail-big-data-operating-margin-60" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>60%</strong> -- operating margin increase potential for retailers adopting big data<br><small>Source: Forbes (2016) · <a href="https://lighthousedata.io/data/retail-big-data-operating-margin-60" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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