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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...
HACKATHON TIPS
Open Baltimore
DC Data Catalog
Google Public Data

data.baltimorecity.gov
data.dc.gov
google.com/publicdata...
we work with data

Donald Miner
CTO, ClearEdge IT Solutions
@donaldpminer
donaldpminer@gmail.com
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Data, The New Currency

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

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