Data, The New Currency
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Data, The New Currency

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  • Source: http://www.businessinsider.com/linked-revenue-facebook-2012-7

Data, The New Currency Data, The New Currency Presentation Transcript

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