Who do you think started the data science trend in India?
Asian Paints.
Surprised?
Champaklal Choksey, the founder, bought India’s first supercomputer for ₹8 crores in 1970.
For the last 50 years, Asian Paints has collected data for color, quantity, and tin size of their products being sold.
And they did this every single day.
Imagine the kind of database they have.
They can tell you with 97% accuracy about the features of the paint cans expected to be sold every day.
This has made the process extremely efficient.
No one could have ever imagined the essence of technology in a paint company.
And this data science helps Asian paints in two ways:
1) Deliver paint 3.8 lac times a day to the retailers.
2) Eliminate the distributor (middlemen).
Disclaimer: This is not a stock advice. I do not own stocks of Asian paints in my portfolio.