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In their ongoing coverage of MIT Data Quality conference, Dave Vellante and Jeff Kelly spoke with Derek Strauss, Chief Data Officer, TD Ameritrade. The three discuss his responsibilities as CDO and the importance of data science to the financial services industry. Strauss was actually sought after to be TD Ameritrade’s CDO, a position created for him. He ventures that the percentage of people carrying the title CDO is small, perhaps less than 10%. Vellante suggests, presumably, financial services would be an area that would adopt that role sooner. Strauss explains that the need for a CDO was “enterprise wide.” The company had... more »
While "software-defined everything" is currently demanding a lot of attention, the journey to the cloud is still a dominant mega-trend. Wikibon Senior Analyst Stu Miniman explains that cloud computing is still in its early days, though it’s been greatly talked about for over five years. “It is by no means, kind of a steady state market. There’s logic turn going on, lots of changes, lots of players coming into the market, lots of companies radically changing their environment, and most enterprises have some play in the cloud. But it’s definitely [the] early, early days still despite the fact that we’ve been talking... more »
SiliconANGLEs theCUBE welcomed the co-chair of this year’s MIT Chief Development Officer Information Quality Symposium, Peter Anlyan of Anlyan Consulting. Wikibon’s Jeff Kelly and Dave Vellante spoke with Anlyan about his involvement with MITCDOIQ, his background and how to most effectively work with your team to maximize their productivity. Anlyan joined the MITCDOIQ team a few years ago after having attended in previous years. Currently, Anlyan’s firm consults in the healthcare industry and he immediately recognized parallels between challenges faced in his own industry and the field of information science. Prior to starting his consulting firm, Anlyan worked for two decades as... more »
On their never-ending quest for knowledge, Dave Vellante and Jeff Frick arrived at the MIT campus for the MIT CDOIQ Symposium, where they broadcasted live for theCube interview sessions, talking with several key people in the industry. The theme of the Symposium was "Big Data Demands Good Data" and, to elaborate on that, they caught up with Richard Wang, Former Army Deputy CDO & Director of the MIT Information Quality Program. Wang organized the first edition of the International Conference on Information Quality in 1996 and, since then, has published a number of books which helped establish the term "Information Quality". Soon after... more »
According to analysts at UBS AG, interest in upgrading smartphones has significantly declined as the “WOW” factor wears off in anticipation for flashy wearable devices. Last year, about 68 million people upgraded their smartphones. Though the number is still impressive, it's down by 9 percent compared to the year before. "They haven't thrown anything out that's just like, 'Wow,' " said Conner Green, a consumer who won’t be upgrading his Samsung Galaxy S2 anytime soon. "There is a cycle every four or five years. It will be a few years before a breakthrough and people buy phones like when Apple first introduced... more »
In their ongoing coverage of the MIT Information Quality conference, Dave Vellante and Jeff Kelly spoke with Stuart Madnick, MIT Professor of Engineering Systems. The three discuss the value of big data, exploring the importance of quality data and interpretation. The three also review the emergence of the Chief Data Officer (CDO). Madnick describes one of the amazing things about big data as its ability to give insights into things that we’ve never been able to see before. As an example, he explains the saying, “We can see what you’re thinking.” This expression refers to the ability of data scientists to... more »
Michael Wolfe, a serial entrepreneur who currently serves as the CEO of user relationship management firm Pipewise, raised a very good point on Quora. He theorized that “it is possible to create a good startup with a good idea, but great startups are often the result of ideas that would have seemed ridiculous if you had heard them prior to seeing them working.” There is certainly no shortage of companies with value propositions that may appear convincing in light of their success, but are in fact completely bizarre. Wolfe lists Google as one example: at the time of its founding in... more »
Ely Kahn, Co-founder and Vice President of Business Development at Sqrrl, discussed data quality and data security with theCUBE co-hosts Dave Vellante and Jeff Kelly, live at the MIT CDQIQ Symposium. Data quality had been a big issue and lead to the development of the Accumulo database, Kahn explained. Accumulo was initially an NSA project and Sqrrl is an NSA spin-off. When it comes to data quality, one aspect is "simply getting access to the data you need," the second being to make sure the data is clean. Intelligence analysts in the NSA and CIA had great difficulty getting to the information they... more »
This week, the Africa has been bright in the news about Bitcoin and how a decentralized cryptocurrency could go a long way to hooking into the cashless society burgeoning there. As mobile technology takes hold and mobile payments become more prevalent--where a large portion of the population don’t have bank accounts, but an equally large portion own and use mobile devices for payments. It’s a fertile ground for a technology like bitcoin to provide a competitive solution to payments. Kipochi: Bitcoin for Mobile Users in Kenya Kenya has a fast-growing mobile user base and, like most of Africa, little to no central banking,... more »