Data, The New Currency
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  • Source: http://www.businessinsider.com/linked-revenue-facebook-2012-7

Transcript

  • 1. DATA, THE NEW CURRENCY Donald Miner CTO, ClearEdge IT Solutions @donaldpminer donaldpminer@gmail.com
  • 2. SERVICS FOR SERVICES
  • 3. MONEY FOR SERVICES
  • 4. USER BUSINESS SOMEONE ELSE DATA FOR SERVICES MONEY FOR DATA
  • 5. ADVERTISERS Gmail Groups YouTube Drive / Docs Hangouts Google+ Wallet Voice Maps …
  • 6. RULE #1: VALUE OF DATA TO A USER IS HOW PRIVATE THAT USER WANTS IT TO BE
  • 7. RULE #1: VALUE OF DATA TO A USER IS HOW PRIVATE THAT USER WANTS IT TO BE Gmail
  • 8. RULE #2: THE USER WILL GIVE MORE DATA FOR A MORE USEFUL SERVICE
  • 9. RULE #2: THE USER WILL GIVE MORE DATA FOR A MORE USEFUL SERVICE Mint
  • 10. RULE #3: THE BUSINESS WILL SELL THE DATA FOR ITS BUSINESS VALUE
  • 11. RULE #3: THE BUSINESS WILL SELL THE DATA FOR ITS BUSINESS VALUE $1.30/hr $0.06/hr
  • 12. SUCCESS Value of Service > Personal Value of Data Resale Value of Data > Cost to Execute Service Business Value of Data > Purchase Price of Data
  • 13. HACKATHON TIPS Open Baltimore DC Data Catalog Google Public Data data.baltimorecity.gov data.dc.gov google.com/publicdata or &
  • 14. we work with data Donald Miner CTO, ClearEdge IT Solutions @donaldpminer donaldpminer@gmail.com