INFOGRAPHIC: How Telcos are Creating a Big Data Money Making Machine

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With some sources estimating that data network traffic from smartphones will grow more than 50-fold by 2016 it’s clear that telecommunications companies are awash with data. But it's one thing to have a lot of data and another thing to actually get something useful out of it just like there’s a big difference between panning for gold and actually striking it.

As Telecommunications companies are waking up to the fact that there could be gold in all that data. So here's how are Telcos are REALLY trying to monetize big data.