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.
5 Take Aways from the Amazon Acquisition of Whole Foods
Amazon, Analytics, Becoming Successful with Analytics, Big Data, Big Data to Big Profits, Data Analytics, Data Products, Digital, Digital Disruption, featured, Grocery Store, Jet, Retail, Walmart, Whole Foods
This course, Big Data to Big Profits: Strategies for Monetizing Social, Mobile, and Digital Data with Data Science, led by professors Russell Walker and Edward Malthouse, will examine how firms can take big data to big profits through data monetization strategies and the best use of data science for growth and innovation across your organization. […]
Airbnb, Amazon, Analytics, Analytics Class, Artificial Intelligence, Big Data, Big Data Analytics, Big Data Class, Big Data to Big Profits, Data Analytics, Data Science, Northwestern Analytics, Northwestern University
The recent 2017 Berkshire Hathaway shareholder meeting offered some insights into how Warren Buffett thinks about stocks, especially those of large digital companies. I thought it important to explore these, given the rise of Digital Enterprises. When we think of Digital Enterprises, leaders like Google, Apple, Amazon, and even Microsoft come to mind. What do […]
Amazon, Analytics, Apple, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, David and Goliath, Digital, Digital Economy, Digital Platforms, Digital Strategy, featured, Google, Microsoft, Warren Buffett
Google, Apple, Amazon and Netflix are all successful companies with a seemingly infallible ability to choose the right product to develop, at the right time and for the right customer. The digital strategies are rooted in the use of Big Data and Analytics. How do they manage to stay ahead of the market, to set […]
Analytical Marketing, Analytics, Barcelona, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Digital Platforms, featured, IESE
The US economy has high a relative high note – low unemployment and high company evaluations. So, why are some places still hurting and not growing? The answer is tied to dramatically different plights and outlooks of Americans based on where we live. Our economies are really local. I believe these differences are rooted in […]
Analytics, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Visualization, Digital Economy, Economic Sciences, GDP, Location Based Services, Median Income, Microsoft, Real Estate Prices, Risk Management, Unemployment, Value of a College Degree
Netflix has long been heralded as a leader in the use of analytics and even the creation of novel big data. That is all true. Nobody knows more about movie tastes than Netflix, with its some 1 billion reviews in its database. The graphic above shows that Netflix can use such data and customer behavior […]
A great focus for many startups, investors, and entrepreneurs is creating the next Uber or Airbnb. I have examined how both Uber and Airbnb have leverage data in powerful ways. A great deal of their success comes from their superior digital platforms, so let’s examine what principles are at work in becoming the next digital disruptor. […]
Artificial Intelligence, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Digital, Digital Economy, Dit, featured, thumbnail, Uber