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
Big Data, Big Data and Analytics, Digital Strategy
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.
Airbnb, Amazon, Analytics, Apple, Asset Surveillance, Big Data, Big Data to Big Profits, Data Analytics, Data Products, Digital, Digital Economy, Digital Platforms, disruption, featured, Uber
Analytics, Big Data, Big Data and Analytics, Innovation
The Wall Street Journal recently reported that Facebook approached multiple, major US banks, including Chase, Wells Fargo, and US Bank with a proposition to include customer financial data on Facebook.
Amazon, Analytics, Asset Surveillance, Asymmetric Information, Banking, Big Data, Big Data Analytics, Convergence of Internet, credit, credit cards, Data Capture, Data Monetization, data ownership, ethics, Facebook, featured, Google, Internet, location, Location Based Services, maps, Mobile, Northwestern University, Privacy, Social Media, Uber, Wells Fargo
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, Innovation
By now, most of us have seen or are even using programmable thermostats. One of the recent and more interesting offerings in this space is from Nest. Nest sells a thermostat that captures data about human presence to self learn what heating and cooling decisions are best. Programming is not needed; it learns what is […]
Artificial Intelligence, Asset Surveillance, Automation, Big Data, Big Data Analytics, Data Analytics, Digital, Digital Economy, Digital Platforms, featured, Google, IoT, Sensors, Technology
Big Data and Analytics, Innovation
Everywhere you look there is mention of “Big Data.” But what business people care most about is turning big data into big profits. This is the focus of Russell Walker’s book From Big Data to Big Profits:
Algorithm, Analytics, Asset Surveillance, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Economic Sciences, featured, Harvard Business, IoT, Mobile, Webinar
Big Data and Analytics, Digital Strategy
Big Data and Big Profits: Nest Optimizes the Mechanical Realm By now, most of us have seen or are even using programmable thermostats. One of the recent and more interesting offerings in this space is from Nest. Nest sells a thermostat that captures data about human presence to self learn what heating and cooling decisions […]
Analytics, Artificial Intelligence, Asset Surveillance, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Products, Data Science, Google, HVAC, IoT, nest, Sensors
Big Data and Analytics, Digital Strategy
Big Data, Open Data, and the Asymmetry of Information Anytime you own an asset, be it a building, stock, bond, or even a race horse, you want to measure it and determine how its value has changed in the market. Often this process is consider Asset Surveillance. We might think about it as how firms […]
Analytics, Asset Surveillance, Asymmetric Information, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Monetization, Data Products, Digital Platforms, Economic Sciences
Big Data and Analytics, Digital Strategy
Big Data Lessons from Ashley Madison: Privacy Implications and Data Monetization Strategies The recent hacking of user data from the match-making site, Ashley Madison has brought into focus a few important lessons that we should consider about how Big Data and our digital trails that are now incessantly monitored. Privacy is a Lost Privilege The […]
Ashley Madison, Asset Surveillance, Asymmetric Information, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Breach, Data Monetization, Data Products, Data Science, Digital Platforms, Economic Sciences, Privacy
Big Data and Analytics, Digital Strategy
Big Data and the Value of Automated Data Capture The development of analytics that can process data and lead to automation and the removal of workers is very much discussion today. We read about artificial intelligence concerns from technology leaders like Bill Gates and economic leaders like Larry Summers. In fact, the use of data […]
Analytics, Asset Surveillance, Asymmetric Information, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Google, IoT, Sensors