Howard Lutnick Quotes

There's definitely a huge opportunity for businesses to transform their operations and decision making by using data.

In disciplines as disparate as baseball, financial services, trucking and retail, people are realizing the power of data to help make better decisions.

I learned analytics. It's a point of reference, of information. It has to be a factor in decision making.

The next darwin is more likely to be a data wonk than a naturalist wandering through an exotic landscape.

Our ability to do great things with data will make a real difference in every aspect of our lives.

The world is now awash in data and we can see consumers in a lot clearer ways.

Business analytics or predictive modelling is a $100 billion industry, and $41 billion is spent on outsourced business analytics every year. I think that's about twice the size of the movie industry - it's really big.

Across our great nation, we've begun to see an acceleration of the power of data to deliver value.

People are saying, 'Big Data is the new oil.'

When I look at the next set of technologies that we have to build in Salesforce, it's all data-science-based technology. We don't need more cloud. We don't need more mobile. We don't need more social. We need more data science.

The answers to today's most important scientific, business, and social problems lie in data.

I'm an analytics girl.

Data science is the combination of analytics and the development of new algorithms.

Even smaller companies are putting resources behind their analytics teams in the same way they put resources behind engineering and product teams. There are some great tools out there that allow even tiny businesses to use data effectively.

We know now data is so powerful, and you can learn so much about yourself and creating product with data.

Data scientist is just a sexed up word for statistician.

Big data is mostly about taking numbers and using those numbers to make predictions about the future. The bigger the data set you have, the more accurate the predictions about the future will be.

Every part of your business will change based on what I consider predictive analytics of the future.

We're entering a new world in which data may be more important than software.

The people who are thinking most about big data right now are corporations and governments.

Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.

When human judgment and big data intersect there are some funny things that happen.

Data helps solve problems.

We have entered an era where the kinds of data and analyses that people run have gotten incredibly complicated. So you have researchers using sophisticated software programs that they probably don't understand but are generally accepted and everyone [in the field] uses.

If you have a lot of data and you want to create value from that data, one of the things you might consider is building up an AI team.