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Big Data – BIG Business Meetup Group 8/20/2013

Big Data – BIG Business Meetup Group 8/20/2013. Why Big Data – Big Business?. The amount of big data in our world is exploding The ability to analyze large data sets will become a key competitive advantage Big data will lead to new waves of productivity, growth and innovation

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Big Data – BIG Business Meetup Group 8/20/2013

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  1. Big Data – BIG Business Meetup Group 8/20/2013

  2. Why Big Data – Big Business? • The amount of big data in our world is exploding • The ability to analyze large data sets will become a key competitive advantage • Big data willlead to new waves of productivity, growth and innovation • Businesses will have to grapple with the implications of big data – good and bad

  3. Goals for our meetup Group • Tackle Big Data from a business perspective • Provide true, actionable value to our members • Use our group as a tool to network and share ideas • Stay current on the latest trends and business models • Have fun and meet new people

  4. Big Data Facts According to McKinsey – a retailer using big data to the fullest could increase its operating margins by more than 60%

  5. Big Data Facts According to Zuckerberg, 1 billion pieces of content are shared via Facebook’s Open Graph Daily

  6. Big Data Facts Google’s Eric Schmidt claims that every two days now we create as much information as we did from the dawn of civilization until 2003

  7. Big Data Facts By 2015 4.4 Million IT jobs will be created to support Big Data – generating 1.9 million jobs in the United States

  8. Big Data Facts Bad data or poor quality data costs US businesses $600 Billion annually

  9. Big Data Facts According to Gartner Big Data will drive $232 Billion in spending through 2016

  10. Data never sleeps… How Much Data Is Generated Every Minute? 24/7/365 Email Users Send 204,166,667 Emails

  11. Data never sleeps… How Much Data Is Generated Every Minute? 24/7/365 Google Receives Over 2,000,000 Search Queries

  12. Data never sleeps… How Much Data Is Generated Every Minute? 24/7/365 Apple Receives About 47,000 App Downloads

  13. Data never sleeps… How Much Data Is Generated Every Minute? 24/7/365 Brands on Facebook Get 34,722 Likes

  14. Digital Data is Exploding According to IBM 90% of the worlds information… …was created in the last 2 years

  15. Demand for analytical skills 140,000 to 190,000 with deep analytical skills… …will be needed by 2018

  16. Demand for general big data skills 1,500,000managers and analysts… …will be needed to fill jobs in Big Data by 2018

  17. Key sectors for big Data • Financial • Healthcare • Communications • Digital Media • Real Estate • Manufacturing • Travel • Retailing • Government • Energy

  18. Formats for meetings • Speakers • Panels with Q&A • Open Forum Discussions

  19. Potential Topics - 1 • Big Data Business Models • Deep-Dive into Industry Sectors • Growing your Big Data Consultancy • Best in Class Business Intelligence Tools • Building out your Big Data Team • Maximizing Dollars Spent in the Public Cloud

  20. Potential Topics - 2 • Sales & Marketing with Big Data • Streaming Data – Big Data on Steroids • Machine to Machine Data for Advanced Optimization • Big Data Mashup's • Big Data Markets – Where is all the information hidden • Best Big Data Repositories Available through Open API’s

  21. Potential Topics - 3 • Using Correlation Techniques to Find the Answers • Outsourcing Big Data Projects • Harnessing Social Media with Big Data • Emerging Trends in Big Data • Risks & Liabilities of Big Data Utilization • Government Opportunities with Big Data

  22. Potential Topics - 4 • Building Your Big Data Toolbox • Using Big Data as an Optimization Tool • Making Your Big Data Department the MVP in the Company • Big Data & Healthcare • Big Data for a Better World

  23. Housekeeping Topics • How often should we meet? • Monthly, Bi-Monthly • Where should we meet? • Issaquah, Bellevue, Redmond • Should we consider sponsors? • Pay for munchies and beverages • Should we include beer? • If so, we cannot use libraries

  24. Group participation • Help with organizing meetings • Help with setting up for meetings • Help with pictures at meetings • Help with the Meetup Site • Other?

  25. Thanks for joining us tonight Tom Poole tom@marketsense.com 425-442-2244

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