AI, Analytics, Big Data, Digital Strategy, Privacy, Risk Management

Is Your DNA Privacy Protected? – Probably Not – Read Why

9 Sep , 2023  

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, […]

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Analytics, Big Data, Big Data and Analytics, Risk Management

Zillow – 7 Lucky Lessons in Risk and Analytical Predictions

4 Nov , 2021  

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 […]

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Analytics, Big Data, Big Data and Analytics, Innovation

Dangers of Facebook Banking and the Convergence of the Internet

7 Aug , 2018  

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.

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Big Data and Analytics, Leadership

Do You Live in a Bubble? 5 Lessons from the 2016 Presidential Election

9 Nov , 2016  

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 […]

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Big Data Monetization Strategies: Yahoo! and LinkedIn Purchases Show the Importance of User Data

Big Data and Analytics, Digital Strategy

Big Data Monetization Strategies: Yahoo! and LinkedIn Purchases Show the Importance of User Data

25 Jul , 2016  

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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Harvard Business Review Webinar: From Big Data to Big Profits

Big Data and Analytics, Innovation

Harvard Business Review Webinar: From Big Data to Big Profits

29 Feb , 2016  

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:

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From raw data to real dollars, Russell Walker’s new book shows how to monetize big data

Big Data and Analytics, Innovation

From raw data to real dollars, Russell Walker’s new book shows how to monetize big data

27 Sep , 2015  

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 […]

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Monetizing Big Data For Big Profits: It Takes More Than Algorithms

Big Data and Analytics, Innovation

Monetizing Big Data For Big Profits: It Takes More Than Algorithms

12 Sep , 2015  

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 […]

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Big Data Monetization Lessons from Zillow

Big Data and Analytics, Innovation

Big Data Monetization Lessons from Zillow

10 Sep , 2015  

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 […]

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The Importance of Data Visualization and Automation in the Realm of Big Data

Big Data and Analytics, Digital Strategy

The Importance of AI, Data Visualization, and Automation in the Realm of Big Data

24 Aug , 2015  

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 […]

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