There is an open debate among economists and business leaders on why digitization leads to a near winner take-all business model. We see the dominance of one search tool in Google and Netflix over other movie providers. In decades past, it was common to have a movie theater in each community and local bakers everywhere. In other business models, especially those driven by personal relationships and locality, we have seen many scores of offerings simultaneously. In fact, achieving scale for the seller was very hard.
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Analytics, Big Data, Digital Strategy, Leadership
Facebook has never felt the heat it is feeling now. How did this happen? They are a darling promising marketers the reach to nearly every person through customized media. Success was rolling in as more and more advertisers saw the light and loaded up on ads. And, why have Amazon, Apple, Microsoft with its LinkedIn […]
2016 Election, advertisement, algorithms, Amazon, Apple, Black Friday, Cambridge Analytica, code, Data, democracy, Facebood, FBers, FBI, featured, George Soros, God-view, Googlers, LinkedIn, Marketing, Microsoft, personalized, Politics, Soros, Zuckerberg
Analytics, Big Data, Big Data and Analytics, Career Advice, Digital Strategy, Innovation, Leadership
1. Analytics has Moved from Manual to Machine-Driven – Don’t Become a Robot! Most people in the field of analytics can remember writing their own analytical code. Today, our Data Scientists in the MSiA program at Northwestern, can produce analytical models from regression, decision trees, support vector machines (and more) – all with more or […]
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Big Data, Big Data and Analytics, Career Advice, Digital Strategy, Innovation
Turning Data into Valuable Data Products The acquisition of LinkedIn by Microsoft raises many interesting and valuable business possibilities. LinkedIn is the first and largest repository of data on career paths for millions of people. It has deep and valuable information on firms, the path of careers, and even the best majors for specific careers. […]
Algorithm, Analytics, Asset Surveillance, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Science, featured, LinkedIn, LinkedIn Data, Microsoft, Netflix, Northwestern University, Social Media Risks, Stanford University, Tripadvisor, Wired, Yelp
Big Data and Analytics, Digital Strategy
This weekend, we learned that Verizon has agreed to purchase Yahoo! for $4.83 billion dollars. Recently, Salesforce.com CEO, Mark Benioff announced that it would have paid more than the $26.2 billion paid by Microsoft for LinkedIn. With Verizon’s $4.4 billion purchase of AOL last year, these mega transactions raise some questions about what is a […]
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Big Data and Analytics, Innovation
Every so often we notice an interesting infographic using LinkedIn Corp. data. What universities, for example, are the primary feeders for tech employers like Apple Inc. (turns out it’s San Jose State) and Microsoft Corp. (University of Washington by a landslide)? What company internships lead to good jobs in different industries? (most are predictable, but […]
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