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david osimo

bcg.perspectives - Seven Ways to Profit from Big Data as a Business - 0 views

  • The majority of organizations we surveyed prefer to have control over the development of new products and services
  • Companies that commercialize big data on their own have the advantage of economies of scale, control over strategy, and much greater revenue potential.
  • a great deal of existing transactional data that they can capitalize on, and companies with valuable data but not enough of it to make the business viable
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  • such companies sell data to those that lack enough high-quality data of their own for analytical purposes.
  • to a joint venture that the bank set up in 2008 with the data analytics company Quantium, which sells insights from the data to third parties.
  • Grocery retailer Tesco has worked with its Dunnhumby business unit to build a big-data business that analyzes millions of customer transactions and sells the resulting insights about shopping behavior (but not customer-level data) to major manufacturers, including Unilever, Nestlé, and Heinz.
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    "Grocery retailer Tesco has worked with its Dunnhumby business unit to build a big-data business that analyzes millions of customer transactions and sells the resulting insights about shopping behavior (but not customer-level data) to major manufacturers, including Unilever, Nestlé, and Heinz."
katarzyna szkuta

The World's Top 10 Most Innovative Companies in Big Data - 1 views

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    For harnessing data from its planes and trains to power a new Industrial Internet, potentially saving billions. General Electric is best known for its machine making, but it's gotten smart and branded itself as a big-data company, too, by pushing its vision for an "Industrial Internet"-the notion that machines should be connected like the web in order to increase efficiency and reduce downtime.
david osimo

Open Data 500 - 0 views

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    #Open #Data 500 - How companies that use open government data generate #new #business and develop new #products... http://t.co/B4yPbPVKXM
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    #Open #Data 500 - How companies that use open government data generate #new #business and develop new #products... http://t.co/B4yPbPVKXM
federicaporcu

Big Data: 6 Real-Life Business Cases - InformationWeek - 2 views

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    A recent partnership between The Weather Company and IBM will allow companies to better manage the impact of weather on business performance. According to The Weather Company, weather has an economic impact of half a trillion dollars annually in the US alone.
katarzyna szkuta

10 Big Data Companies You Might Not Know - 2 views

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    Finding vendors with a truly innovative, successful approach to big data can be as daunting as digging through the data itself. Although not a comprehensive list of the best (or biggest self-promoters) in the space, this roundup consists of big data vendors making waves or showing consistent promise.
david osimo

Big data and farming - Business Insider - 0 views

  • the real potential is what happens when the data from thousands of tractors on thousands of farms is collected, aggregated, and analyzed in real time.
  • Monsanto says its sensors on harvesting equipment generate about seven gigabytes of data per acre.
  • Some farmers are worried about security and how companies could use and profit off their farms’ data. “A lot of the data we keep track of is sensitive to the farm, and I’m a little concerned if someone else got a hold of it,” Marshall says.
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  • He opts to share his data with small, local groups only.
  • who owns and licenses farmers’ data.
  • Monsanto says farmers benefit most when they allow the company to analyze their data — along with that of other farmers — to help them find the best solutions for each patch of land.
  • We’re not building a business based on housing their data,” says Anthony Osborne, vice president of marketing at The Climate Corporation, a subsidiary of Monsanto.
  • own their data, and it allows them to download or delete all the data that it collects.
  • While contracts with big-data firms are generally a license agreement whereby the farmer retains ownership of the information, most also give the companies free rein to conduct studies and use the data to create highly profitable products.
david osimo

The future of the data economy: how to measure the true value of your data assets | Inf... - 0 views

  • data as the new currency’ and we try to give it a price tag. Typically, data is worth what someone is willing to pay for it.
  • 63% of respondents consider that the monetization of data could eventually become as valuable to their organisations as their existing products and services.
  • Interestingly, the most valuable individual asset that creditors are vying for is Caesar’s Total Rewards Loyalty Program, the company’s big-data customer loyalty program that it has been built over the last 17 years and is said to have data on more than 45 million customers.  This data is valued by creditors at $1 billion – that’s a fairly large number. It exceeds the value of any of Caesar’s physical Las Vegas properties, which really puts the value of data in perspective.
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  • LinkedIn’s CEO Jeff Weiner made note of Lynda.com’s extensive library of premium video as a compelling reason to buy the company, meaning that LinkedIn was after Lynda.com’s data assets to augment its professional network. Out of the $1.5 billion, it’s likely that a significant portion went toward the purchase of video data assets.
federicaporcu

Real-time customer insight and foresight with analytics | Deloitte US | Telecommunicati... - 0 views

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    Learn how Deloitte helped a wireless company collect and analyze data from across millions of customers to achieve real-time marketing effectiveness.
katarzyna szkuta

Climpact - 0 views

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    the European leader in Climate Business Intelligence
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