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The Competitive Value of Data: From Analytics to Machine Learning

Irving Wladawsky-Berger

A recent article by NY Times reporter Steve Lohr discussed the rising importance of data as a major competitive differentiator. In his NY Times article , Lohr cautions that standard antitrust arguments may not be so easy to make in this new era of data competition.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

A few weeks ago, McKinsey published The age of analytics: Competing in a data-driven world , a comprehensive report on the state of big data, and in particular, on the challenges and opportunities a company faces as it strives to become a data-driven business.

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Learning to Apply Data Science to Business Problems

Irving Wladawsky-Berger

A-Lab’s objective is to teach students how to use data sets and analytics to address real-world business problems. Companies submit project proposals prior to the start of the class, including the business problem to be addressed and the data on which the project will be based.

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Owning our data

Harold Jarche

With the internet of everything (IoE), once everything is connected, where will our data reside? If things do not work, will we know what has happened to our data? Individual control over data may be a more robust way to to ensure some level of privacy. Do you own your data?

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Data

Stephen Downes: Half an Hour

Responding to Cooperative Catalyst, Metrics and "Success" I think data is important (it's the only evidence we have!) but I think that people take a very narrow view of data, which is unfortunate. Instead of attacking the data - which leaves you with no ground to stand upon - it makes more sense to attack the simple-mindedness.

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The Data Bubble redux

Doc Searls

It gets worse: In between the Internet user and the advertiser, the Journal identified more than 100 middlemen — tracking companies, data brokers and advertising networks — competing to meet the growing demand for data on individual behavior and interests.The data on Ms.

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Why Do We Need Data Science when We’ve Had Statistics for Centuries?

Irving Wladawsky-Berger

Data Science is emerging as as one of the hottest new professions and academic disciplines in these early years of the 21st century. A number of articles have noted that the demand for data scientists is racing ahead of supply. So, what is data science all about?

Towards a Trusted Framework for Identity and Data Sharing

Irving Wladawsky-Berger

As the economy and society move toward a world where interactions are primarily governed by digital data and transactions, our existing methods of managing identity and data security are proving inadequate. Few institutions will let their critical data out of their premises.

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Big Data Takes Center Stage

Irving Wladawsky-Berger

A few recent articles have expressed concerns that big data may be at the peak of inflated expectations in the so-called hype cycle for emerging technologies, and will soon start falling into the trough of disillusionment. So is big data. .

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Data-Driven Decision Making: Promises and Limits

Irving Wladawsky-Berger

Given the explosive growth of big data over the past decade, it’s not surprising that data-driven decision making is one of the most promising applications in the emerging discipline of data science. . Neither is good data-driven decision making.

Data 61

Data Science - the Emergence of a New Discipline

Irving Wladawsky-Berger

Data Science is emerging as a hot new profession and academic discipline. Data Scientist: the Sexiest Job of the 21st Century is the title of a recent Harvard Business Review article. They note that demand for data scientists is racing ahead of supply. What is data science? ,

Data 78

Ideas, Experts and Data

Harold Jarche

Data Enslavement – by @ballantine70. Here are some observations and insights that were shared on social media this past fortnight. I call these Friday’s Finds. “ We don’t see something until we have the right metaphor to let us perceive it.”

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Big Data: Running out of Metric System…

Andy McAfee

I recently came across two very different pieces of evidence showing how big a deal big data is. A friend who works at PWC called me up a little while ago to ask if I knew of any data jocks who were looking for work.

As Big Data and AI Take Hold, What Will It Take to Be an Effective Executive?

Irving Wladawsky-Berger

Big data , powerful analytics and AI are everywhere. First, much still needs to be done to create the proper data sets that would enable intelligent computers to assist in decision-making. Analysis is essentially rational, quantitative, data-driven decision making and problem solving.

Data 79

Traditional Data Analysis and Data Science

Irving Wladawsky-Berger

In my opinion, data science should be viewed as a multidisciplinary evolution from business intelligence and analytics. The emergence of data science is closely intertwined with the explosive growth of big data over the past several years.

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Nonprofit Organizational Culture Eats Big Data for Lunch

Beth Kanter

Note from Beth: I was thrilled to be interviewed by Steve along with many other nonprofit data nerds, for his new book, Data Driven Nonprofits. He was kind enough to send me an advanced copy and it is definitely a must read. Data Health. Unstructured Data.

Data 41

Positivism and Big Data

Stephen Downes: Half an Hour

She writes, data scientists use their quantitative measure, as positivists do, by putting a large number veneer over their research This misrepresents positivism, just as Nathan Jurgenson does in his original article. We can apply these principles to big data analytics, of course, and we can use the standard criticisms of positivism to do it: Underdetermination – this is the ‘problem of induction’ or the ‘problem of confirmation’. The same data will confirm any number of theories.

Data 52

Five Tips for Nonprofits Data Visualization

Beth Kanter

Note from Beth: I met Matthew Scharpnick, Co-Founder and Chief Strategy Officer of Elefint Designs, a strategic design studio that works with good causes, at the Data for Good Conference in Chicago. One area that he works on is data visualization for nonprofits.

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Data From The Edge

Andy McAfee

It’s pretty great news if you can convince the leaders of a company to let you access performance data at even a single unit before and after technology goes live. They present the first long-term, before-and-after data on Enterprise 2.0

Data 89

Reflections on Big Data, Data Science and Related Subjects

Irving Wladawsky-Berger

CUSP’s research and educational programs are centered on urban informatics , - “the acquisition, integration, and analysis of data to understand and improve urban systems and quality of life.” Big Cities + Big Data and Bringing Urban Data to Life are prominently displayed in its website.

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Reflections on the Education of Applied Data Scientists

Irving Wladawsky-Berger

About a year ago, an article in the Harvard Business Review called data scientists the sexiest job of the 21st century. Patil , succinctly defined data scientist as “a high-ranking professional with the training and curiosity to make discoveries in the world of big data.”.

Data 58

A New Data Deal, starting today

Doc Searls

There was a time when clouds were only corporate, and personal cloud was an oxymoron — or worse, just a new term for more data storage. They begin what @Petervan calls The Revolution of the Data Slaves. Form-filling from organized personal data. On the Respect Network you control when and where your personal data is shared and benefit directly from the value earned. There was a time when personal computer was an oxymoron: a contradiction in terms.

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How social data is changing the way we do business

Dion Hinchcliffe

The vast global firehose of social media today, combined with the emerging big data revolution, is now helping organizations accomplish things that were previously prohibitively expensive or even impossible. Big Data Enterprise Software Software Tech Industry

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The Future of Learning: Digital, Distributed, Data-Driven

George Siemens

Years ago, I had a long chat with Gardner Campbell , one of the smartest people in the edtech space, about the role of data and analytics. I can contribute by not ignoring the data-centric aspects in education and engage them instead and then attempting to influence analytics use and adoption so that it reflects the values that are important for learners and society. Slides from my talk today are below: Future of Learning: Digital, distributed, and data-driven from gsiemens

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New MOOC: Data, Analytics, & Learning

George Siemens

This fall, together with colleagues, I’ll be offering an open course on edX: Data, Analytics, and Learning. From the description: In education, the use of data and analytics to improve learning is referred to as learning analytics. Software companies, researchers, educators, and university leaders recognize the value of data in improving not only teaching and learning, but the entire education sector. The era of data and analytics in learning is just beginning.

Are “data hogs” the problem?

David Weinberger

” The new article (for sale, but Benoit summarizes it on his blog) analyzes data from a mid-size North American ISP and confirms their original analysis: Data caps are at best a crude tool for targeting the users who most affect the amount of available bandwidth. But here’s the gist: Benoît and Herman looked at the actual usage data in five minute increments of broadband customers sharing a single aggregation link.

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New Jobs Data, Same Old Story…

Andy McAfee

Here’s the same graph updated with data through April.

Data 98

The Virtuous Cycle of Existing Theory and Big Data

Andy McAfee

This is really clever and important work because it uses new and big data to test and extend existing an existing body of theory in the social sciences.

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Big Data Reveal Three Surprising Facts About Chinese Censorship

Andy McAfee

The ideas and theories about censorship in the political science literature were way behind what the data turned up. I went to a stellar presentation last week by Gary King , a political scientist at Harvard and director of the school’s Institute for Quantitative Social Science.

Data 123

If There Was Already an Ocean of Data in 2007, How Much is there Now?

Andy McAfee

I’ve been trying to figure out how to convey the scale of the ‘ Big Data ‘ phenomenon — the recent worldwide explosion of the volume of data encoded in digital form. 2007 is also when the phrase “big data” was just starting to be used.

Data 142

Latest Data on Telework

Nine Shift

Here's the latest data on the growth in working from home. Telework continues to be the "silent revolution" in the 21st Century. Regular telecommuting grew by 61% between 2005 and 2009. During the same period, home-based selfemployment grew by 1.7%.

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Cognitive Systems and Big-Data-driven Applications

Irving Wladawsky-Berger

The need for such systems is a result of the explosive growth of data all around us. players, - was that the very process of analyzing data increases the amount of data by orders of magnitude. . This is challenging our ability to store and analyze all that data.

New Tools Beget Revolutions: Big Data and the 21st Century Information-based Society

Irving Wladawsky-Berger

While a number of transformative technologies were discussed, big data was the most prominent. . MIT professor Erik Brynjolfsson led an all-MIT academic panel of experts on The Reality of Big Data. We need to change from opinions and hunches and go with facts and data,” he said.

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Active Data Logging Doesn’t Work

Adaptive Path

As exciting as this data was, I wanted more. I could even combine this data with other data to learn more about myself, after all, knowing how many calories you burn every day is only giving you half the picture if you don’t know how many calories you’re consuming.

Data 58

Fantastic international comparative data on media, social media, and mobile

Ross Dawson

For those who love rich data on the world of media and telecoms, the release of a report by UK telecommunications regulator Ofcom is always a cause for celebration. The data below is a small selection that I found particularly noteworthy, with some brief comments.

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Open Data

George Siemens

One of the remarkable developments over the last three or four years is the opening of data by organizations such as OECD, UNESCO, World Bank, and city, state/province/national governments. Recent funding cutbacks to this movement in the US – see Death of Open Data? The benefit of open data derives from what it enables – in itself it has limited value.

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Does Rigorous Data Analysis Thwart Effective Storytelling by Non-Profits?

Beth Kanter

The event also included plenary speakers, including a provocative talk about storytelling with data from Alexandra Samuel. Her most controversial point was: “Rigorous data gathering and analysis can get in the way of effective storytelling by non-profits.”.

The Simple, Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

After decades of promise and hype, AI seems to have finally arrived , - driven by the explosive growth of big data, inexpensive computing power and storage, and advanced algorithms like machine learning that enable us to analyze and extract insights from all that data.

Cost 74

#OEB14 - Does Data Corrupt Education

Stephen Downes: Half an Hour

This house believes that data is corrupting education For: Ellen Wagner - Data as the meme - It bothers me that I leave this trail of data everywhere we do - Data without context is really without value - data with context is information, and information is power, and power corrupts. data in the wrong hands might be misused - will this change what we do? Even in low-data environments, you''re already collecting some data. I depend on data.

How a little bit of data ruined my morning run

David Weinberger

Beyond that smidge of data, I have gone out of my way to be data-free about my route. This little bit of data turns the entire run into a set of tasks that must be accomplished in sequence — a set of tasks that at any moment during the run I know have not yet fully accomplished. The post How a little bit of data ruined my morning run appeared first on Joho the Blog