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Creating Competitive Advantage Through Data (IA Ventures)

by Ben Siscovick on Nov 09, 2011

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Creating Competitive Advantage Through Data (IA Ventures) Presentation Transcript

Roger EhrenbergFounder & Managing PartnerIA Ventures

http://www.flickr.com/photos/wallyg/3777954520/http://www.flickr.com/photos/chanc/310847464/ http://www.flickr.com/photos/northeastindiana/2313044640/ http://www.flickr.com/photos/ynse/542370154/

Storage cost Network access 1B hosts # of hosts$ per TB 1980 – Apple: $14M per TB ARPAnet Node 1 2010 – Barracuda, $70 per TB At UCLA 1970 today 1969 today CPU cost Bandwidth cost $1200 per Mbps 1961 – IBM 1620 , $1,100,000,000$ per GFLOPS $ per Mbps 2009 – AMD Radeon, $0.59 $5 per Mbps 1960 today 1998 today Source: Mike Driscoll, CTO Metamarkets: The Three Sexy Skills of Data Scientists (& Data Driven Startups)

Small Thousands of sales figures (10 GB) Stored in memoryMedium Millions of web pages Stored on diskLarge Billions of web clicks (1TB+) Distributed storage

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Data Only From Others DataOthers Platforms Source of Data Hybrid Your DataData Only From Your Platform Data Product Data-driven Product Final Product Sell Data Directly Sell Insight Sell Product

Data Only From Others DataOthers Platforms Source of Data Hybrid Companies focused on delivering increasing insight Your DataData Only From Your Platform Data Product Data-driven Product Final Product Sell Data Directly Sell Insight Sell Product

http://www.flickr.com/photos/tps58/6158683716

Complex Data Architectures Proprietary Algorithms Rich Analytics

010001011 Contributory Database Platform

User engagementImprovements PRODUCT Data Insight

http://www.billfrymire.com/blog/wp-content/uploads/2008/04/dna-strand-code.jpg

Hacking Statistics Domain Expertise Drew Conway, The Data Science Venn Diagram

MachineHacking Statistics Learning Data Scientist Domain Expertise Drew Conway, The Data Science Venn Diagram