Anu's Data
"90% of all the world's data created in the last two years."
--IBM, 2013
This, above all other sound bytes, makes me pause: information is available the question is how we will use it to save the planet and ourselves.
Take Anu Pathria at Correlation Ventures - he is responsible for the firm's analytical assets which include a quarterly feed from Dow Jones on every venture round in North America since 1988 or about 55,000 financings. Anu crunches this information to produce an investment score used by Correlation to make a decision - usually inside 24 hours without much further DD.
Prior to Correlation, Anu was at HNC Software where he co-developed the Falcon credit card fraud detection system currently responsible for protecting over 60% of credit card transactions in real-time and world-wide—a groundbreaking product that took HNC public. So every time your cc switched off for unusual charges you can curse Anu. I do.
How we will use Big Data is only at the beginning of our imaginations.
How we will use Big Data is only at the beginning of our imaginations.
