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faryl
faryl
5/26/2016 4:05:48 PM
User Rank
Platinum
Re: Big Data Revenues
Personally, the amount of data and it's related opportunities (especially revenue-driven/motivated) is one of my hesitations with respect to IoT - all it takes is matching your social security number, phone number, email, or facebook profile across multiple databases from various sources to put together a fairly complete picture of a person's life. 

There's less & less of a need for mass surveillance with the increasing depth & breadth that integrating everyone's personal "micro surveillance" can provide.

(Big Brother doesn't need to be watching - he just needs to sit back and wait while give him all of the information he's looking for.)



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freehe
freehe
5/26/2016 4:03:57 PM
User Rank
Platinum
Big Data
Companies are signing up for big data but they have not developed a strategic plan on how to acquire, analyze and utilize big data to help increase revenue, retain customers, increase customer service and expand services.

Big data is the hot topic right now. I would love to see some real solutions or outcomes of companies actually using big data to generate results.

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faryl
faryl
5/26/2016 3:59:27 PM
User Rank
Platinum
Re: Proof
There's definitely an art to recognizing ways to connect data points into something meaningful.

I used to do data cleansing & analysis and one of the things that has stuck with me is how easy it is to build a larger, more detailed picture based on diverse data sets with a minimal amount of overlap.

 

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ms.akkineni
ms.akkineni
5/26/2016 10:56:31 AM
User Rank
Platinum
Re: Proof
Yep, Need that fact to be restressed - with adequate integration of human intelligence.

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DHagar
DHagar
5/24/2016 10:31:34 PM
User Rank
Platinum
Re: Proof
@ms.akkineni, well said.  That's where it becomes an asset.  I see the future optimized solution as being both increased machine/human intelligence.

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ms.akkineni
ms.akkineni
5/24/2016 10:25:56 PM
User Rank
Platinum
Re: Proof
@Mike:

Absolutely true.

Unless data is well translated and processed adequately the purpose will not be met. 

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ms.akkineni
ms.akkineni
5/24/2016 10:21:54 PM
User Rank
Platinum
Re: Proof
@DHagar: Can't agree more. All that data leading to business decisions often turns out to be key strategic move for an enterprise. We will witness data becoming more and more valuable component;  

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DHagar
DHagar
5/24/2016 6:37:56 PM
User Rank
Platinum
Re: Numerology
@mendyk, there you go - data confirms the data!  At least it will make the "hesitant" ones more secure to believe the obvious.

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DHagar
DHagar
5/24/2016 6:35:26 PM
User Rank
Platinum
Re: Big Data Revenues
@clrmoney, agreed, the data links to more data, which makes the "connected" data more valuable.  That's what I believe will be explosive with "connectivity" (ie IoT) linking data sources and multiple data sets.  The data will have greater value when connected with other data - which is why I believe networks, ecosystems, and platforms will become key.

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DHagar
DHagar
5/24/2016 6:31:59 PM
User Rank
Platinum
Re: Proof
@ms.akkineni, and that produces more insights to serve the business interests, which translates into decisions that make business more profitable and provide better service.  I think the development of the data value to now serving the business use case is where that volume in growth will be seen.

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