Interest in Big Data analytics has increased sharply over the last twelve months, and usage by commercial, non-profit and public sector organisations surged. What's driving this? One reason is that storage costs have fallen... Another important factor is the growing number of sophisticated analytics tools that are available.
The "right to be forgotten" could be seen as a potential coup for brands and consumers who wish to rid themselves of those old, embarrassing search links once and for all... Instead of being asked in the fine print if we wish to opt out, the marketing industry may need to get used to the idea of politely asking consumers to opt in.
What's the best story you've ever been told? What's the best piece of fiction you've ever read? What is it about the memories of those that have made them stick in your mind? Defining what a story is and why they have impact is very difficult. At its heart a story has characters, a narrative, tension, and a resolution. What if you could take the key aspects of storytelling and apply them to data?
One of the most important roles data now plays is as the basis for business decisions. When deciding whether to remodel a store, offer a new product, increase marketing investments, or change store hours, executives no longer have to guess if the their customers will respond positively to the change.
Analytics as a discipline, using information gathered and stored in a digital format, has increased in scope enormously over recent years and will continue to play an ever greater role in all aspects of business life in the years to come. In this series of articles we will look at the impact of big data and analytics on business, competitiveness and career development.
The world of connected everything is swift-approaching. A world where everyday objects - from our toothbrush to our car to our glasses - are able to communicate, save and share data. This is a time of great innovation with an avalanche of ever-smarter devices beginning to move our way, generating more and more data.
In a better world, we would have a total split between wholesale provision of Utilities and retail sale of access. Massive, international firms would be immune from some anti-monopoly laws as long as they pushed it all forward year on year and could only make money from keeping their retail, consumer facing customers happy.
Just as Ayn Rand's Roark subversively demolishes the Corlandt building after promises are broken and his designs changed, these artists are undermining a society that no longer functions for the benefit of the common people. Their art not only brings home the reality of today's surveillance state, but asks, do we have to live this this?
Smart Cities are hot news with many examples where innovation and technology have been drivers of growth and sustainability. But are Smart Cities heading for an 'Uncanny Valley' where the lack of consultation with citizens can lead to alienation and rejection by the very people that these initiatives are designed to help?
Why is it that policy relating to personal data seems to generate so much controversy? Take the recent huge public outcry over care.data which resulted in massive negative media coverage, questions in Parliament and subsequent delays to what many consider to be an important program for the well-being of the nation's health.
What we see with data today is a similar situation to what we had in the era prior to Web 2.0, where there was a lot of content around, but socialisation over that content was not enabled. Just as we've seen with the social media boom of recent years, however, there is now an opportunity and appetite for creating communities of interest around the socialisation of data.
Next time you're in your local pharmacy, take a detour to the men's shaving aisle. When you get there, scan the shelves in front of you. You'll see high-gloss packaging, lots of "Fusion" and "Turbo" and "Mach" brands. It's almost like you're in the Formula 1 pit lane, isn't it? The choice seems abundant.