The Emerging Data Economy
MAY 22, 2017
The Economist’ s May 6 issue referred to data in its cover as the world’s most valuable resource. Similarly, data centers “power all kinds of online services and, increasingly, the real world as devices become more and more connected.”.
The Competitive Value of Data: From Analytics to Machine Learning
JANUARY 31, 2017
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
DECEMBER 19, 2016
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.
Learning to Apply Data Science to Business Problems
DECEMBER 29, 2015
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.
Big Data at Google
JUNE 10, 2014
To see Big Data at work, look to Google, where number-crunching on a massive scale has changed hiring and management practices. All people decisions at Google are based on data and analytics,” according to Kathryn Dekas, a manager in Google’s “people analytics” team. They memorize and parrot back explicit information. It’s the ability to pull together disparate bits of information.”. Informal Learning ITAshare
The Data Bubble redux
APRIL 9, 2016
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.
New Tools Beget Revolutions: Big Data and the 21st Century Information-based Society
MAY 29, 2013
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.
Towards a Trusted Framework for Identity and Data Sharing
NOVEMBER 14, 2016
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.
Why Data Informed VS Data Driven?
FEBRUARY 21, 2013
One of the questions I was asked, ”Why Data Informed? Why Not Data-Driven?” ” Being data-informed is something very different from a data-driven culture. Being data-driven sounds great—in theory. Flickr Photo by neoporcupine.
Big Data Takes Center Stage
JULY 3, 2013
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. .
Data-Driven Decision Making: Promises and Limits
SEPTEMBER 25, 2013
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. . The right decision cannot be ferreted out from the available information.
Ideas, Experts and Data
OCTOBER 17, 2014
Managing the information overload is a real challenge. Our default faced with the overload is to actually what I call narrow-cast — to kind of hunker down and focus in on fewer sources than ever — you know, the analyst who we always got our information from, the newsletter that we always read.
Data Science - the Emergence of a New Discipline
APRIL 10, 2013
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? ,
Informal rule of thumb
JUNE 13, 2012
Studies show that informal learning accounts for between 70 and 95% of workplace learning [USBLS: 70%; Raybould: 95%; EDC: 70%; CapitalWorks: 75%; OISE: 70%; eLG: 70%; Allen Tough: 80%]. I have previously referred to Gary Wise and his extrapolation of Josh Bersin’s data from 2009.
As Big Data and AI Take Hold, What Will It Take to Be an Effective Executive?
JANUARY 21, 2015
Big data , powerful analytics and AI are everywhere. Many of these jobs, - which include blue-collar production activities as well as information-based white-collar ones, - are based on well understood procedures that can be described by a set of rules that machines can then follow. .
Five Tips for Nonprofits Data Visualization
JULY 17, 2015
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.
Traditional Data Analysis and Data Science
MAY 15, 2013
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.
Nonprofit Organizational Culture Eats Big Data for Lunch
SEPTEMBER 6, 2016
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.
Reflections on Big Data, Data Science and Related Subjects
JANUARY 2, 2013
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.
Reflections on the Education of Applied Data Scientists
SEPTEMBER 11, 2013
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.”.
New MOOC: Data, Analytics, & Learning
JUNE 6, 2014
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.
Informed consent for human sensors
MARCH 5, 2016
Friend (CEO at that same outfit) write about a project in which users of a health monitoring app have given informed consent to have their data made available to other researchers. It is not open data, as John points out, but it is open to any researchers who make it through the vetting process. How to get informed consent via an app? The post Informed consent for human sensors appeared first on Joho the Blog
The Simple, Economic Value of Artificial Intelligence
APRIL 24, 2017
Similarly, the economic value of the Internet revolution can be described as reducing the cost of communications and of search, thus enabling us to easily find and access all kinds of information, - including documents, pictures, music and videos.
it’s all about our data
AUGUST 27, 2015
A platform: a centrally controlled application that controls the data on ll interactions and activities. Control of data is the new source of power in the network era. It’s time to empower ourselves and take our data back”, says Chris Middleton.
If There Was Already an Ocean of Data in 2007, How Much is there Now?
JUNE 2, 2014
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.
Cognitive Systems and Big-Data-driven Applications
OCTOBER 23, 2013
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.
Active Data Logging Doesn’t Work
OCTOBER 16, 2014
It was, and still is, very interesting and useful information for me and, with few exceptions, I’ve tracked my physical activity every day since. As exciting as this data was, I wanted more. Manually entering data is simply not something that is sustainable over long periods of time.
The right information is not enough
NOVEMBER 28, 2012
There is quite a bit of research on the significant value of making the right information available to the right person at the right time – and quite a bit of research shows clearly that Enterprise Search has a direct impact on the success of organizations.
APRIL 26, 2011
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.
Does Rigorous Data Analysis Thwart Effective Storytelling by Non-Profits?
SEPTEMBER 16, 2014
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.”.
#OEB14 - Does Data Corrupt Education
Stephen Downes: Half an Hour
DECEMBER 4, 2014
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.
Attention Nonprofit #datanerds: Data-Informed Fundraising!
SEPTEMBER 6, 2012
RT @ kanter what every #datanerd needs in their wardrobe – I Love Data T-shirt bit.ly/QlhMt4. The September, 2012 Issue of the NTEN Change Journal is pure crack for nonprofit #datanerds (folks who would definitely wear a t-shirt emblazoned with “I Love Data!”
In Defense of Data Centrism
DECEMBER 23, 2010
Home About Complexity Reading List Knowledge Management Reading List In Defense of Data Centrism John 0 comments Education System Dec 23 In the never ending search to know “what works,” we have a few choices. We can look to theories, i.e., this ‘should’ work; or we can look to data.
Spotting the Human Side of Data at DoGoodData Conference
MAY 5, 2015
“Problems don’t start with data, they start with people.” The DoGoodData community understands that good data practice is a balance of both the human side and the technical skills. Data As True North. ” Data Visualization As Creative Process.
Big Data, Complex Systems and Quantum Mechanics
DECEMBER 7, 2012
Big Data is one of the hottest topics out there. Big data is a foundational element in IT’s quartet of Next Big Things : Social, Mobile, Analytics and Cloud. But, as the real world keeps reminding us, it is possible to make bad predictions and decisions even if you use tons of big data to make them. The 9/11 attacks showed how even highly sophisticated intelligence agencies can fail to pick out highly relevant signals amidst the mountains of data being analyzed.
JANUARY 21, 2011
It ties together three things that are compelling: data viz, Wikipedia and human agreement. Be sure to read the full story about the data and what it represents.). Conversations that inform consensus like this can take weeks, months, years to come to decision or agreement, and that’s if you’re all in the same room. Getting the data isn’t easy. Wikipedia’s model ensures that there is a direct data trace for the recommended action on an AfD thread.
Reinventing Society in the Wake of Big Data
MARCH 20, 2013
For several years now, big data has been one of the hottest topics in the IT industry. But, what do we mean by big data ? A number of recent articles have been sounding the alarm that big data may be at the peak of inflated expectations in Gartner’s hype cycle.
New and Improved Data Visualization Tool: Maps for Media Funding
JULY 5, 2016
Nonprofit data nerds will love this new resource from Media Impact Funders and Foundation Center called “ Foundation Maps for Media Funding ,” a free, interactive mapping and research tool that shows the full scope of philanthropically funded media projects worldwide since 2009.
For personal data, use value beats sale value
FEBRUARY 13, 2012
Should you manage your personal data just so you can sell it to marketers? Those are the barely-challenged assumptions in Start-Ups Seek to Help Users Put a Price on Their Personal Data , by Joshua Brustein in The New York Times. He writes, People have been willing to give away their data while the companies make money. People keep a single account with information about themselves. In fact, there never has been a market where people sell their personal data.
Strata Conference Wrap Up: Big Data, Big Opportunities
FEBRUARY 21, 2011
Overall, it was a good conference and one that serves an important marking point in “big data comes of age in terms of media attention, startups, and recognition of potential impact in business sector. O’Reilly has stated that “data is the new Intel inside.