Posts

Showing posts with the label business model

Can data disrupt its own data model? The new investors dilemma.

Image
We know and love the original thinking from Clayton Christensen - however is this model about itself to be disrupted?   https://en.wikipedia.org/wiki/The_Innovator%27s_Dilemma Investing today into an early stage high growth business is largely predicated on the target having a product or service that collects and stores data. They have a proposition the market wants and enabling the business to collect unique data is critical to funding (growth and defence) and  there is a foreseeable route to exit. As a business you combine your data set with anything else you can buy, enabling you as a business to refine your proposition, grow customers, improve satisfaction, increase engagement, uplift revenue and create more value by having better data and analysis.  It is virtuous circle based on collecting, storing, analysing and using data. Essentially we are still very early in this thinking and investment cycle.  The majority of early stage venture money is following this proces

The Value of Identity Data and Identity Etiquette

Image

How data will transform business

What does the future of business look like? In an informative talk, Philip Evans gives a quick primer on two long-standing theories in strategy — and explains why he thinks they are essentially invalid.

#PIPsters (personal information players)

Image
Research carried out among online gamers by  The Future Laboratory  for Confused.com found that more than half would divulge personal information in return for a little something. 35% of people in the UK have already used a self-quantifying app or service to monitor their fitness levels, mental health, and sleep patterns. To download and read the full report see  here . Dubbed PIPsters (personal information players), this group of tech-savvy consumers are more than aware that their personal information is in great demand, and they are happy for it to be used as long as they get something in return. One person I have backed on Kickstarter is  Zannier who sold his  data on Kickstarter

Unlocking the Value of Personal Data

Image
Source: https://www.unboundid.com/blog/2013/05/29/unlocking-the-value-of-personal-data/ this is a Katie O’Brien post on UnBounded ID and she brings up the “shift from controlling data collection to focusing on data usage.” The reason for this blog is that I am an advocate of users being able to know where there data is.  I cannot subscribe to user controlled data as it is just not practicable and I cannot subscribe to personal lockers as this becomes the weakest point. However, I do subscribe to an idea that a user should know where their data is, be able to correct it if it is wrong and be able to say that some data is a primary source and other places are copies.  Control does not exist and rights may only be granted in some instances. I don’t want to store my data, I just want the link to where the data is. Obviously this becomes more difficult if an agency is intercepting my data on route and storing it off line. #NAS #PRISON The issue being that if I do have some cont

How Real Revenue Is Derived from Big Data

Image
Wikibon has  published  its Big Data Vendor Revenue and Market Forecast for 2012 thru 2017, giving insights as to how much revenue big data vendors will derive in the coming years. They have also published an infographic,

Facebook Graph Search - is there any value?

Image
The basics are that Facebook searches your " social graph " because it has your and your friends specific "Likes, pages, click, links, connections and conversations" The result is that searching should produce more relevant results thank Google's "Whole World Wide Web".  In other words it feeds you what you have fed it. The signals; your and your friends "Likes" are a somewhat limited data set -  it is not everything you do on the web and does not represent what others do.  However, Google sells search and Facebook also now sells search - in fact since you Like it Facebook can sell (advertise to you) you what you Like and with that Signal increase the advertising margin (hope) when it sells the placement. Simple - tell you what you tell me because you Like it. What Facebook needs to do is add more data as real social graph results as the current one is rather limited ----   http://actualfacebookgraphsearches.tumblr.com/ It essence is

What is the value of identity provision?

Image
A while ago I wrote Who Am I cost of Value…. http://www.mydigitalfootprint.com/who-am-i-cost-or-value-diagram Just updating this summary : a lot of cost

Does screen size effect your digital footprint?

Image
Just a thought  - probably yes.

Who determines whose interests are best served by a machine?

Image
  In this blog I looked at algorithms and bias and asked who is in control …. http://www.mydigitalfootprint.com/algorithms-is-anyone-in-control I asked a rhetorical question " So the question is not if you can become an algorithm but how accurate can an algorithm model you! " Just thinking further on this topic and what is the order in which my interests should be best severed? ·         My as an individual - I code for myself based on my data and my desired outcomes - allows me to mis-represent myself ·         Me as a group of link minded people - we test the algorithm to determine if I (we) like or dislike the implied outcomes and they are refined ·         An organisation acts on my behalf to determine if harm is done and sets guide lines (best working practices) ·         A government sets up a regulatory body to provide guidance and enforce law ·         A programmer who is outside of my jurisdiction does what they like ·         A company who is outside of my control

API First: Connect Business, Mobile, Cloud

Image

What can we do to make data more human in 2013?

Image
What can we do to make data more human in 2013? Executives need to understand and experience data ownership.   We generate data but we cannot visualise it.  Why not provide tools to visualize and explore data, and show the worth and utility of the information that you can derive.  Could make for an interesting board meeting. Executive lead transparent, open and balanced conversations about data and ethics.   I start with asking questions that help form models for thinking about data and how leadership teams come to their own opinions on data, based on personal experience and therefore have different perspectives about data.  Differences and gaps in thinking leads to friction about how to treat their own personal data, how to treat customer data and gaps between company branding messaging and expectations.  These gaps can lead to frictions which mean teams cannot move forward with a common approach on how to treat customer data. Here are previous blog that bring these models together. H

How does the distance between people alter the probability of gathering digital footprint data?

Image
Simple idea but here comes the complexity… closeness and type of the relationship between the individuals ( lovers, inmates, friends, carer, on public transport etc ) ability of individuals to use / accept technology need for technology in the communication reason for being close/ apart context ( hospital bed, wedding, birth, funeral, meeting, chatting, gossiping, random, public) capturing the moment (picture/ video/ audio)   The easy part is that once past a certain distance, digital become the means of communicating and therefore easy to collect digital footprint, however it is with closeness that we get all the signals and human stuff. One to think about for PII

Why do we think we own our own data and who created this myth?

Image
I am on the hunt and hoping someone can help me. I continually read that consumers think that they own their own data.   I have no issue with the concept of rights of access, controls and rights of use, but ownership is a totally different matter. I was reading this from CTRL-SHIFT about midata that got me going. Yes you can own your photos and documents you created but that is not the same as owning your bank records or your telephone log.  It is a different issue about what can be collected, what that data can be used for and how long it is held for, but where did this idea that consumers can own their own data come from, who started it and why? 

Why do we think we own our own data and who created this myth?

Image
I am on the hunt and hoping someone can help me. I continually read that consumers think that they own their own data.   I have no issue with the concept of rights of access, controls and rights of use, but ownership is a totally different matter. I was reading this from CTRL-SHIFT about midata that got me going. Yes you can own your photos and documents you created but that is not the same as owning your bank records or your telephone log.  It is a different issue about what can be collected, what that data can be used for and how long it is held for, but where did this idea that consumers can own their own data come from, who started it and why? 

Why do we think we own our own data and who created this myth?

Image
I am on the hunt and hoping someone can help me. I continually read that consumers think that they own their own data.   I have no issue with the concept of rights of access, controls and rights of use, but ownership is a totally different matter. I was reading this from CTRL-SHIFT about midata that got me going. Yes you can own your photos and documents you created but that is not the same as owning your bank records or your telephone log.  It is a different issue about what can be collected, what that data can be used for and how long it is held for, but where did this idea that consumers can own their own data come from, who started it and why? 

Why do we think we own our own data and who created this myth?

Image
I am on the hunt and hoping someone can help me. I continually read that consumers think that they own their own data.   I have no issue with the concept of rights of access, controls and rights of use, but ownership is a totally different matter. I was reading this from CTRL-SHIFT about midata that got me going. Yes you can own your photos and documents you created but that is not the same as owning your bank records or your telephone log.  It is a different issue about what can be collected, what that data can be used for and how long it is held for, but where did this idea that consumers can own their own data come from, who started it and why? 

attitudes to sharing information

Image

How do you feel about a highly customized experience, knowing it's your data that's making the difference?

Image
Source:  www.baynote.com This Infographic by Baynote, explains why your web browsing and online interactions have become much more personalized based on their paper “The Human Need for Personalization: Psychology, Technology and Science” which defines the psychology, technology and science that underlie a shopper’s desire for a personalized ecommerce experience. How do you feel having a highly customized experience, knowing it’s your data that’s making the difference?

myths and facts about smart meters - can they see into your home?

Image
http://smartgridcc.org/wp-content/uploads/2012/08/SGCC-Myths-vs.-Facts-Fact-Sheet.pdf The Smart Grid Consumer Collaborative (SGCC) recently published a fact sheet and released a web video to refute privacy and data security critiques of smart meter technology. SGCC is a non-profit that seeks “to advance the adoption of a reliable, efficient, and secure smart grid.” Its membership includes electric utility and technology companies, universities, government agencies, and environmental advocacy groups. Privacy and data security concerns have led some consumers to oppose the installation of smart meters, and even inspired lawsuits in states such as Maine and Illinois. SGCC’s recently published materials suggest that many of these concerns are based on “myths” and “urban legend.”