Digital Strategy, Global Insights, Innovation, Leadership
Recently, I caught up with a friend that I have known for 30 years. Today, we are both raising our children. In the 1980’s, we were teenagers in Florida collecting football and baseball cards, going to coin shops to find “rare” or different foreign coins, and of course we were listening to music on records […]
Asset Surveillance, car ownership, collecting, Data Monetization, Digital, Digital Economy, Digital Platforms, economics, featured, hobbies, Hobby, Home Onwership, Marketing, Music, NFT, ownership, Tesla, Uber
AI, Analytics, Big Data, Digital Strategy, Privacy, Risk Management
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, […]
Analytics, Artificial Intelligence, Asymmetric Information, Big Data, Big Data Analytics, Data Analytics, Data Science, economics, ethics, Facebook, featured, Privacy, Risk
Digital Strategy, Global Insights, Leadership
The recent report of the Consumer Price Index topping 6.2% has sent shiver of inflation fears into the market. However, this inflationary hit seems different than the inflation seen in recent episodes of high inflation. Examining this will help us determine who are the winners and losers of the current inflation spike. How is the […]
Algorithm, Amazon, Analytics, Artificial Intelligence, Consumer Price Index, covid, CPI, Digital, Digital Economy, economic growth, Economic Sciences, economics, featured, Growth, Inflation, Labor, Microsoft, Phillips Curve, Unemployment, US Economy, wages
Analytics, Big Data, Big Data and Analytics, Digital Strategy
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 […]
AI, Algorithm, Analytics, Artificial Intelligence, Big Data, Big Data Analytics, Data Analytics, economics, featured, Machine Learning, ML, Optimization, Search
Analytics, Digital Strategy, Innovation
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 […]
#featured #data #analytics #digital #netflix #uber #airbnb #bigdata #dataproducts #datascience #marketing #economics #amazon #Zillow, featured
Big Data and Analytics, Digital Strategy, Leadership
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 […]
#UW, Big Data, Big Data Analytics, Big Data to Big Profits, College Football, Data Analytics, Data Science, Facebook Football, featured, Football, Sports, Sports Analytics, university of washington
Amazon recently made the news by publicly announcing that it is targeting hard to sell items, so called Can’t Realize a Profit (CRaP) for removal from its all-powerful sales channel. Such items are believed to be those that have a low revenue for the cost to ship.
7-11, activity based accounting, Aldi, Amazon, Costco, costs, CRaP, Dash Button, department store, energy costs, featured, fixed costs, Grocery Store, gum, HVAC, labor cost, marginal revenue, Montgomery Ward, profit, Real Estate, Retail, Sears, Shipp, shipping costs, Trader Joe's, warehousing, Whole Foods
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.
Amazon, Bing, Bing LinkedIn, customer, Customization, Data, Digital, Digital Disruption, Digital Followers, Digital leader, Digital Lessons, Digital Platform, Easy Button, eBay, Eonomy of Scale, Facebook, featured, Google, Instacart, Jet, LinkedIn, Lyft, media, Microsoft, Myspace, Netflix, Rocket Mortgage, Staples, Turbotax, Walmart, Youtube
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
Instacart recently announced a round of funding that evaluates the firm at some $7 billion. That is amazing for a firm whose drivers are presumably not employees and that holds no real inventory but sells food. It may seem like a naïve question, but what does Instacart do exactly? I know it delivers food, but […]
Alexa, Amazon, Amazon Prime, Annie's, Costco, delivery, Digital, disruption, economic utility, featured, FedEx, FL, Food, food regulations, food safety, Google, grocery, Grubhub, Highland Park, Instacart, Jewel, Kraft, Kroger, mac n cheese, meal delivery, meals, packaged food, Publix, resataurant, Safeway, Sams Club, Siri, Sunset Foods, Sysco, Tampa, Tops, Uber, Ubereats, US Foods, USPS, Wegman's, Whole Foods
