NILF 2014: From Big Data to Big Inference How technology is changing business strategy: Philip Evans, The Boston Consulting Group

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  • 4:00 – 7:00 (inlcuding next slide)Source: KellogSoM: S Greenstein & M Devereux “The Crisis in Encyclopaedia Britannica”Widipedia.org
  • 2:30

Transcript

  • 1. From Big Data to Big Inference How technology is changing business strategy Philip Evans February 13, 2014 Mumbai
  • 2. Phases of the “digital revolution” Wikipedia Britannica pages hard copy (MM) sales (000) 4 140 Web 2.0: User creation Web 1.0: Deconstruction 120 3 100 60 40 1 20 0 0 Wikipedia Launch 80 2 0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012
  • 3. The world’s stock of data 2007 Analogue 2011 18.86 x 1018 Bytes (B GB) Analogue CDs (Paper, film audiotape, vinyl) 1986: 2.62 x 1018 Bytes (B GB) DVD/Blu-Ray 2000 1986 1993 Digital tape Servers Connected via Internet Digital (In 1986, principally pocket calculators) 1986: 0.02 x 1018 Bytes (B GB) Digital 35 1018 Bytes 276 x 400x 1018 Bytes today? 1018 Bytes (B GB) 150 xx1021 Bytes (35 Zettabytes) by 2020? (IDC estimate) PC Storage
  • 4. NORA* in Las Vegas * Non-Obvious Relationship Awareness
  • 5. From vertical to horizontal
  • 6. THE BOSTON CONSULTING GROUP evans.philip@bcg.com Copyright © 2014 by The Boston Consulting Group, Inc. All rights reserved