Rich Data, Poor Data: What the Data Rich Do - That the Data Poor and the Data
Middle Class Do Not!
Generally speaking, there are two kinds of companies in the world: data rich
and data poor. The richest of the data rich are easy to name: Google,
Facebook, Amazon, Apple. But you don’t need to be at the top of this list
to use data to create value. You need to have the tools in place to turn
information (data) into action. That’s what the data rich do that the data
poor and the data middle class do not.
The Data Rich Treat Data Like Cash
First-party data (the data collected directly from your business activities)
is a core asset, and the data rich treat it like cash. They keep their data
well organized, accessible and as safe as technology permits. The data rich
know that data is a nascent form of currency, and while it is not precisely
fungible, it can be traded.
Russian Email Hackers: Are You Next?
Experts are debating whether the Democratic National Committee’s (DNC)
email system was hacked by the Russian military intelligence service (G.R.U.)
or Guccifer 2.0, a lone wolf Romanian hacker. While this is a very important
question, the answer will not change the results: over 20,000 DNC emails
ended up on WikiLeaks. How did this happen? How likely is it to happen to you
or your company? What can you do to protect your email system from a similar
Are the Russians Going to Hack Your Email System?
The chances that the G.R.U. or some oth... (more)
What made move 37 so interesting is that no one expected it. It was early in
game two of the million-dollar Google DeepMind Challenge Match, and AlphaGo,
an artificial intelligence (AI) system developed by Google, placed its 19th
stone on a part of the game board that no human Go master would have
considered. Some called it a “mistake.” Others called it “creative”
and “unique.” But considering that AlphaGo went on to win its third game
in a row against one of the strongest Go players in the world, the move
should probably have been called what it really was: “intuitive.”
Note: a... (more)
For many of us old enough to remember, the early days of life online had
little to do with the internet. Before we browsed the open web, we dialed
into Prodigy or CompuServe or AOL with a 1400-baud telephone modem.
Once connected to a particular service, we used its proprietary software to
play inside its members-only club, and we couldn’t visit any other service.
We lacked a certain amount of freedom.
One of my earliest cyber-memories: getting my mom’s AOL account suspended
by the moderator of a chat room I was trolling. By today’s standards, such
a tightly controlled experience... (more)
Internet of Things (IoT)
Every physical object or “thing” that can be embedded with sensors will
be embedded with sensors. Whether you call it the Internet of Things, the
Internet of Everything, M2M, a smarter planet, the Industrial Internet or
something else, the trend is clear. With so much activity and interest, it is
unfortunate that a de facto communications standard has not emerged. However,
there is progress (or managed conflict) in the right direction.
The AllSeen Alliance and the Open Interconnect Consortium are just two of the
major organizations vying for IoT superiori... (more)