Sumit Sharma

Wheres the value: data or analytics?

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I want to mention share something that John Seely Brown mentioned the other day during one of our meetings at the Deloitte Center for the Edge: The future doesn’t lie in IT, but in analytics….here are my thoughts on that…

As users’ demands grow, less value will be put on data, and more on analytics. Today we see companies protecting whatever data they possess and use it as their source of competitive advantage. However, an argument can be made that going forward, unless something is done with the data, it will be of little or no meaningful use. This, if approached with the right strategy, will be in the best interest of the large incumbent companies because by opening up their data and APIs, they’ll be able to extract expertise and knowledge from outside their boundaries. Thus, the barriers to get whatever data Google has about its customers for example will decrease over time.

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Written by Sumit

November 20, 2009 at 7:31 am

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