We are now more reliant than ever on digital systems to manage and control physical systems. We enjoy using systems like Ring to manage the front door and Nest to manage the HVAC system. Even my irrigation system has a digital interface and an app that makes turning on the sprinklers a breeze. Companies, of […]
Companies often grapple with the challenges of respecting customer privacy. Although most firms do not seek to cause or do harm, data breaches, inadvertent misuse of data, and unauthorized publishing of data seem to ultimately happen. Data on a social media site, on a shopping site, or from your gym membership may seem sensitive. But, […]
With the college football in full swing, it is worth a look to see how the teams stack-up, not based on rankings, but based on fan loyalty. Big Data and Data Visualization help us with this and lead to some interesting insights. College football also offers us a great opportunity to look at the Big […]
It seems that 2023 will be go down as the year of AI. We see thousands of new jobs, billions in investment, and a great deal or excitement in how AI will be used in business. In such applications, the focus is often to 1) Replace costly workers 2) Make costly workers more efficient or […]
In most every example of Artificial Intelligence (AI) in business, there is a chat bot or robot or algorithm that attempts to replace a human. We surely will see such replacement via AI, but augmentation is also a value approach and is far more attainable and perhaps even more valuable. In augmentation, a AI process […]
Zillow recently announced that it is pulling the plug on its once highly touted house buying machine. Indeed, it was suppose to be a machine, one that used billions of pieces of data to find arbitrage opportunities in the market using algorithms. Buy a house in a surging market, fix it up (quick someone call […]
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Thanks to all of you that read and follow my blog, I am pleased to report that Big Data to Big Profits has been named a top blog in Big Data in and Analytics by Feedspot. This is especially an honor, given the many large, corporate, and multi-author blogs that are also on the list. […]
I enjoy maps. Each tells a complex story. Here are some of my favorites to reveal realities about our country, its economy, people, prospects and nuances. Not much commentary from me. I’m letting the maps speak.
Are you Netflix or Blockbuster?
A great focus for many startups, investors, and entrepreneurs is creating the next Netflix, Amazon, Uber, or Airbnb – namely to be a digital disruptor. Netflix conquered the analog and physical model of Blockbuster by bringing a digital layer to measure customers, movies, and even brand placements. Before Netflix, Blockbuster was the media channel of preference. It died a rather quick death when media and media consumption became digital.