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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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slide1

Big Data – BIG Business

Meetup Group

8/20/2013

why big data big business
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
goals for our meetup group
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
big data facts
Big Data Facts

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

big data facts1
Big Data Facts

According to Zuckerberg, 1 billion pieces of content are shared via Facebook’s Open Graph Daily

big data facts2
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

big data facts3
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

big data facts4
Big Data Facts

Bad data or poor quality data costs US businesses $600 Billion annually

big data facts5
Big Data Facts

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

data never sleeps
Data never sleeps…

How Much Data Is Generated Every Minute?

24/7/365

Email Users Send

204,166,667

Emails

data never sleeps1
Data never sleeps…

How Much Data Is Generated Every Minute?

24/7/365

Google Receives Over

2,000,000

Search Queries

data never sleeps2
Data never sleeps…

How Much Data Is Generated Every Minute?

24/7/365

Apple Receives About

47,000

App Downloads

data never sleeps3
Data never sleeps…

How Much Data Is Generated Every Minute?

24/7/365

Brands on Facebook Get

34,722

Likes

digital data is exploding
Digital Data is Exploding

According to IBM 90% of the worlds information…

…was created in the last 2 years

demand for analytical skills
Demand for analytical skills

140,000 to 190,000 with deep analytical skills…

…will be needed by 2018

demand for general big data skills
Demand for general big data skills

1,500,000managers and analysts…

…will be needed to fill jobs in Big Data by 2018

key sectors for big data
Key sectors for big Data
  • Financial
  • Healthcare
  • Communications
  • Digital Media
  • Real Estate
  • Manufacturing
  • Travel
  • Retailing
  • Government
  • Energy
formats for meetings
Formats for meetings
  • Speakers
  • Panels with Q&A
  • Open Forum Discussions
potential topics 1
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
potential topics 2
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
potential topics 3
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
potential topics 4
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
housekeeping topics
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
group participation
Group participation
  • Help with organizing meetings
  • Help with setting up for meetings
  • Help with pictures at meetings
  • Help with the Meetup Site
  • Other?
thanks for joining us tonight
Thanks for joining us tonight

Tom Poole

tom@marketsense.com

425-442-2244