The debate on small data vs big data is a waste of time. You need both to make your company profitable. Here's why.
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These stories submitted by Bakercom1 became hot on BizSugar
Little data vs big data: the battle that never was
Posted by bakercom1 under Online MarketingFrom http://www.fiercebigdata.com 3615 days ago
Made Hot by: PMVirtual on June 10, 2014 10:38 am
FTC to Congress: Force data brokers to be transparent
Posted by bakercom1 under NewsFrom http://www.fiercebigdata.com 3620 days ago
Made Hot by: LoopLooper on June 6, 2014 7:35 pm
A new FTC recommends specific legislation to Congress to protect consumer privacy. If you buy, lease, or store data on customers, you'll want to watch closely for developments on this front.
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Privacy Conundrum: When protecting customer privacy makes your company liable - FierceBigData
Posted by bakercom1 under LegalFrom http://www.fiercebigdata.com 3746 days ago
Made Hot by: MarketWiz on January 23, 2014 10:45 pm
Car manufacturers are pushing for laws to protect consumer privacy. But this move isn't necessarily for the public good -- it's more likely about protecting car companies from potential legal liability for everything from drunk drivers to terrorist activities. Is your company also at risk?
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How Big Data Is Changing Small Business Loan Options
Posted by bakercom1 under Raising CapitalFrom http://www.smallbusinesscomputing.com 3825 days ago
Made Hot by: AmyJordan on November 15, 2013 6:42 pm
Can't get a loan for your SMB or startup from a bank? You don't need no stinking bank -- or good credit scores either. Here are your brand new options in getting a loan sans traditional banking hassles.
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PayPal history, not credit history, fuels new 0% interest business loan
Posted by bakercom1 under FinanceFrom http://www.fiercebigdata.com 3856 days ago
Made Hot by: Digitaladvert on October 7, 2013 5:11 pm
PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history. Beyond that complete sidestep of the traditional, credit bureaus are borrowing terms that are highly competitive with traditional len
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Big data predictions 'fooled by randomness' and subject to TMI - FierceBigData
Posted by bakercom1 under MarketingFrom http://www.fiercebigdata.com 3899 days ago
Made Hot by: OpenSourceMedia on August 22, 2013 11:43 pm
Most big data predictions should come with the same warning label that is applied to an investment prospectus: past returns are not indicative of future results. Here is why you need to be careful with marketing predictions from big data.
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Big banks lose millions on big data
Posted by bakercom1 under Raising CapitalFrom http://www.fiercebigdata.com 3908 days ago
Made Hot by: NanoTechnologyMedia on August 18, 2013 2:32 pm
You may have trouble getting a bank loan for your small business not because you are a credit risk, but because banks are using unreliable data from credit bureaus and other sources.
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Your big data would totally fail in a 3D printer. OMG! That's not my customer, it's a blob!
Posted by bakercom1 under TechnologyFrom http://www.fiercebigdata.com 3934 days ago
Made Hot by: LimeWood on July 28, 2013 5:24 am
Ok, so you have your big pile of data, and you're all set to make a 3D model of your customers and find their mystery buy button, yes? No. What you have, at best, is a 2D picture of their shadow's shadow. Here is a better way for a small business to use big data tools to understand their customers.
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Can hosting startups save us from government snooping?
Posted by bakercom1 under StartupsFrom http://www.fiercebigdata.com 3936 days ago
Made Hot by: PMVirtual on July 19, 2013 5:26 am
"It could be that we will see a whole new set of startups that will stake their claim to fame on their refusal to share data with U.S. law enforcement and federal agencies," says John Dickson, CEO of the Denim Group. Here is how that option would pan out.
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Where numbers lie and gut-feeling still wins in Big Data
Posted by bakercom1 under MarketingFrom http://www.fiercebigdata.com 3949 days ago
Made Hot by: LimeWood on July 9, 2013 8:38 am
Big data may, and often does, show humans the error of their assumptions or theories. Smart humans realign their thinking accordingly. However, if big data is manipulated, consciously or subconsciously, it becomes just another means of confirmation bias.
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