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Topic:
Data is the next boom
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AzureTyger
Title: Awesome
Posts: 462
Registered: 2002-4-1 15:49:04
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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2.5 quintillion bytes of data are created in the world each day. 90% of all the data collected in human history has happened since 2009. The Cleveland Clinic estimates that in healthcare alone there is over $300 billion in untapped value from big healthcare data.
The people who learn to harvest and harness this data on a large scale are going to be the next wave of tycoons.
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Sin_of_Onin
Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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Data collection technology far outpaced the technology used to apply the data. Health care and government are both due for massive investments. In some ways the technology still isn't there but I expect it to evolve quickly as investments are made.
Government data is unique in that it can and should be made public. The government needs to be in the business of providing information and information about how government operates is just the tip of the iceberg.
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Szerek
Posts: 338
Registered: 2000-8-8 09:26:09
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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AzureTyger posted:
2.5 quintillion bytes of data are created in the world each day. 90% of all the data collected in human history has happened since 2009. The Cleveland Clinic estimates that in healthcare alone there is over $300 billion in untapped value from big healthcare data.
The people who learn to harvest and harness this data on a large scale are going to be the next wave of tycoons.
Yeah, this will be another great opportunity for us to provide hundreds of billions more to BRIC countries, or whatever other country we outsource our work too.
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- George Carlin
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ZigmundZag
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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Sin_of_Onin posted:
Data collection technology far outpaced the technology used to apply the data.
This is not a technology problem. It's a business problem. Even SharePoint 2010 comes prepackaged with an organizational data analysis tool. Hell, Excel is more powerful than what 90% of executives were using 10 years ago.
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ZigmundZag
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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Szerek posted:
Yeah, this will be another great opportunity for us to provide hundreds of billions more to BRIC countries, or whatever other country we outsource our work too.
Maybe, but I haven't run into any data outsourcing projects yet. That's probably due to a combination of lessons learned from the 90's and security concerns.
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"Take the cheese to sickbay!"
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Elocism
Title: Pseudonym
Posts: 787
Registered: 2002-5-3 01:50:00
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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one of my companys goals for 2011 was to become a 'data driven organization'
they hired me and succeeded in that goal 
i love me some data. BI ftw
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just do everything i tell you to do
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theredkay1
Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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AzureTyger posted:
2.5 quintillion bytes of data are created in the world each day. 90% of all the data collected in human history has happened since 2009. The Cleveland Clinic estimates that in healthcare alone there is over $300 billion in untapped value from big healthcare data.
The people who learn to harvest and harness this data on a large scale are going to be the next wave of tycoons.
This seems right. But the tycoons will be the ones that figure that stuff out and also throw up regulatory roadblocks to others doing the same. If someone figures how to make the harvesting and harnessing of data profitable, others will realize controlling the source of data will be wildly profitable.
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Modeeb
Title: A Ghost In The Machine
Posts: 1,258
Registered: 2002-4-19 10:48:36
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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Data- beta- constipata. Give me a way to access a good crap and have a healthy body.
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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Now if we can just get him a working emotion chip that doesn't get half of the crew killed...
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It is no measure of health to be well adjusted
to a profoundly sick society. - Jiddu Krishnamurti
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Ashmaele
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
Data is the next boom
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theredkay1 posted:
AzureTyger posted:
2.5 quintillion bytes of data are created in the world each day. 90% of all the data collected in human history has happened since 2009. The Cleveland Clinic estimates that in healthcare alone there is over $300 billion in untapped value from big healthcare data.
The people who learn to harvest and harness this data on a large scale are going to be the next wave of tycoons.
This seems right. But the tycoons will be the ones that figure that stuff out and also throw up regulatory roadblocks to others doing the same. If someone figures how to make the harvesting and harnessing of data profitable, others will realize controlling the source of data will be wildly profitable.
I fully expect the governments of the rest of the world to invest heavily in this while the US sits around and waits for the "invisible hand" to solve all our problems while we fall even further behind.
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