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
Analytics, Big Data, Big Data and Analytics, Risk Management
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 […]
#investment, Algorithm, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Data Analytics, economics, featured, housing, housing prices, Permit, Real Estate, REIT, Risk, Risk Management, Zillow
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 and Analytics, Leadership
Do You Live in a Bubble? 5 Lessons from the 2016 Presidential Election The 2016 Presidential election offers many valuable lessons. It shows that for many Americans, especially those in urban areas, there is a bubble. Living in a bubble is a challenge for sound decision-making and leadership. The lessons embedded in the surprising results […]
2016 Election, Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data Polls, Clinton, Clinton Trump, Crisis Management, Data Analytics, Data Science, featured, Leadership, political polls, Polls, Presidential Election, Social Media Risks, Trump
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 […]
Analytics, AOL, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Big Data Value, Customer Data, Data Analytics, Data Capture, Data Monetization, Data Products, Digital Platforms, Facebook, featured, Google, IBM, LinkedIn, Microsoft, Mobile, Social Network Data, The Weather Channel, Twitter, User Data, Value of Big Data, Value of customer Data, Value of LinkedIn Data, Value of User Data, Value of Yahoo Data, Verizon, Weather Data, Yahoo
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, Innovation
By Cheryl SooHoo How do you turn your company’s big data into big bucks? First think big and then bigger about the value of your data, says Russell Walker EMP 64, clinical associate professor of Managerial Economics & Decision Sciences at Kellogg. “Your data doesn’t jump out and say, ‘Hey, I am worth hundreds of […]
Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Monetization, Data Science, Digital Platforms, Economic Sciences, Kellogg School of Management, Leadership, Location Based Services, Mobile, Oxford University Press
Big Data and Analytics, Innovation
The process of monetizing Big Data is really an exploration, driven by experimentation and identification of value. Here are a few points to keep in mind: 1. Look for Patterns in the Data – before trying to find the needle in the haystack, look for the patterns that describe customers, markets and operations that are […]
Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Monetization, Data Products, Data Science, Digital Platforms, Economic Science, Kellogg S, Leadership, Location Based Services, Mobile, Oxford University Press
Big Data and Analytics, Innovation
The real estate industry has gone through a massive transformation as new real estate websites such as Zillow (and Trulia now owned by Zillow, and Redfin) have brought together Big Data sets on available properties, home buyers, and home sellers. These firms have, in the process, showed us that important lessons and best practices in […]
Analytics, Asymmetric Information, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Products, Data Science, Digital Platforms, Economic Sciences, Location Based Services, Mobile, Population, Real Estate, Trulia, Zillow
Big Data and Analytics, Digital Strategy
The Importance of AI, Data Visualization, and Automation in the Real of Big Data The heralded economist and Nobel Laureate Herbert Simon is known for saying, “A wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.”[1] Indeed, our […]
Analytics, Asymmetric Information, Automation, Bicycle Sharing, Big Data, Big Data Analytics, Big Data to Big Profits, Bike sharing, Chicago, Data Analytics, Data Monetization, Data Products, Data Visualization, Divy, Location Based Services, Mobile, Statistics, Technology