Data Utilization Quotes

Data really powers everything that we do.

Data are becoming the new raw material of business.

Context is to data what water is to a dolphin

We have 25 or so years invested in the work. Why should I make the data available to you, when your aim is to try to find something wrong with it.

It's amazing how much data is out there. The question is how do we put it in a form that's usable?

Data is not useful until it becomes information.

Data is the new oil? No: Data is the new soil.

Here's why most campaigns get data wrong. They treat it as an afterthought and they treat it as sort of a logistic.

There's a lot of power in executing data - generating data and executing data.

Data is the new soil, because for me, it feels like a fertile, creative medium. Over the years, online, we've laid down a huge amount of information and data, and we irrigate it with networks and connectivity, and it's been worked and tilled by unpaid workers and governments.

If information is gathered, history shows that it will be used at some time.

The widespread availability of information is the only basis for effective day-to-day problem solving, which abets continuous improvement programs.

Many years ago, Bill Gates said that one day we'd be able to click on the shoes of a character in a TV show and buy them online. Whether that happens or not, are you thinking about new ways to combine your assets in programming, customer knowledge, and technology?

Successful businesses measure and count things. I think that's a safe assumption on top of which we can drop the following hypothesis: unsuccessful business either measure nothing, the wrong things, too many things, or finally, they measure the right things but they don't communicate the measurements efficiently.

The cloud is driven by statistics, and even in the worst individual cases of personal ignorance, dullness, idleness, or irrelevance, every person is constantly feeding data into the cloud these days. The value of such information could be treated as genuine, but it is not. Instead, the blindness of our standards of accounting to all that value is gradually breaking capitalism.

The ultimate purpose of collecting the data is to provide a basis for action or a recommendation.

Data is like garbage. You'd better know what you are going to do with it before you collect it.

I'm going to say something rather controversial. Big data, as people understand it today, is just a bigger version of small data. Fundamentally, what we're doing with data has not changed; there's just more of it.

Data by itself is not useful. Data is only useful if it can be applied for public benefit.

There might never be that moment when everyone says, "Oh my God, big data is awful."

Scientific data are not taken for museum purposes; they are taken as a basis for doing something. If nothing is to be done with the data, then there is no use in collecting any. The ultimate purpose of taking data is to provide a basis for action or a recommendation for action. The step intermediate between the collection of data and the action is prediction.

As our society tips toward one based on data, our collective decisions around how that data can be used will determine what kind of a culture we live in.

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.

A very good friend of mine spent a fair amount of time doing postmortems and met with a number of the senior folks on the Romney campaign and they spent, what was it, $140, $160 million on data. And this friend of mine, who is a very sharp thinker, asked a series of questions, but the most important one he asked, he said, "What decisions did you make differently because of the data?" And he's coming from the private equity world where he wants to know, OK, and the answer from virtually every single senior Romney person was "nothing."

If you want to publish data, you should do it to share knowledge.