- 10/23/2013 10:04:06 AM
Jim Davis on how to monetize data:
Retail - capture it and sell it to partners and suppliers
Telecom - bring competitor data together to pool data and create new opportunity for selling it
Financial - derive merchant information from credit card data. Sell it to merchants or provide it as a value-add.
Automotive - vehicle data to drive consumer, supplier, and insurance categories
- 10/23/2013 9:55:42 AM
Davis shows a Google trend line that illustrates how "analytics" has grown in awareness from 2007 to today. He points to the economic difficulties of 2008-9 as driving companies to look for an edge.
- 10/23/2013 9:50:26 AM
Goodnight talks about the "Curriculum Pathways" project, where they provide materials for children in grades 6-12. He says 100,000 teachers are using it, and it's free of charge.
"This country is not producing enough STEM-skilled college kids. WE have to go back to K-12 and get kids more interested in math and science. Otherwise most of the innovation that used to occur here in the US will occur in China and India and somewhere else in the world.
I don't have a problem with that, but my kids and grandkids live in this country, and I'd hate to see it turn into a service economy where we depend on India and China for innovation and manufacturing."
- 10/23/2013 9:32:23 AM
"Most of our customers don't have big data. It's not that big. Everyone's talking about big data because the journalists and analysts got tired of talking about cloud computing." -- Jim Goodnight
ANALYTICS IN ACTION
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- by James M. Connolly