SlideShare a Scribd company logo
1 of 21
Download to read offline
Practical BIG DATA Strategies for
Monetization in the TV Business
Dr. Ofer Weintraub
EVP Innovation
@oferweintraub
Remember ?
Strategy #1:
Crowd knowledge (explicit)
Magnolia
officinalis
Should I take it?
Doctor says NO
Crowd says
Yes
71 % satisfied (4 or 5)
Average rating 3.9
Is big data my new doctor?
Crowd can tell us what works for us too…
Where’s the money?
- Put to production only what works
- Reduce time to market
- Achieve scale at low cost
Strategy #2:
Telling stories
An algorithm for
creativity
Input:
Ingredient, region and type of
dish
Output:
Plenty of new recipes
(12-14 ingredients) rated:
- By flavor
- Novelty
- Smell
- Taste
- Step by step instructions
(future)
IBM Watson project description
http://www.theverge.com/2014/3/9/5483136/watsons
-food-truck-ibms-supercomputer-learns-to-cook
Tell stories with data
Where’s the money?
- New monetization opportunities (sponsorship, ads, goods)
- Increased engagement & emotional binding (more time & commitment)
- Recruitment and retention via social sharing
Strategy #3:
Exploration
Where from here?
You choose the path – we monetize it
Where’s the money?
- Monetize the path
- Personalization = user satisfaction
- Serendipity leads to exposure and expansion
Strategy #4:
Analytics (implicit)
Over 600,000 pieces of medical
evidence
2,000,000 pages of text from
42 academic journals and
human studies (clinical trials)
based on oncology research
Personalization and analytics
Interaction analytics Recommendations
Where’s the money?
- Personalized services and ads
- New offerings
- Better customer management
Thank you

More Related Content

Similar to Big Data Strategies for Monetization

Nestle confectionery
Nestle confectionery Nestle confectionery
Nestle confectionery
redalem
 
Healthcasts_Whitepaper
Healthcasts_WhitepaperHealthcasts_Whitepaper
Healthcasts_Whitepaper
Debra Harris
 
How to Leverage Digital Channels to Drive HCP Engagement
How to Leverage Digital Channels to Drive HCP EngagementHow to Leverage Digital Channels to Drive HCP Engagement
How to Leverage Digital Channels to Drive HCP Engagement
John Wes Green
 
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
JunniferParaiso1
 
Dr. Pepper Final Project!
Dr. Pepper Final Project!Dr. Pepper Final Project!
Dr. Pepper Final Project!
scamello
 
TNS 2014 Amazing
TNS 2014 Amazing TNS 2014 Amazing
TNS 2014 Amazing
Tan Tran
 
14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal
14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal
14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal
Mahmoud Bahgat
 

Similar to Big Data Strategies for Monetization (20)

Preparing your startup for growth
Preparing your startup for growthPreparing your startup for growth
Preparing your startup for growth
 
Big data cognitive computing and digital transformation
Big data cognitive computing and digital transformationBig data cognitive computing and digital transformation
Big data cognitive computing and digital transformation
 
Professor Karen Nelson-Field PhD’s presentation at Mumbrella MSIX 2018
Professor Karen Nelson-Field PhD’s presentation at Mumbrella MSIX 2018Professor Karen Nelson-Field PhD’s presentation at Mumbrella MSIX 2018
Professor Karen Nelson-Field PhD’s presentation at Mumbrella MSIX 2018
 
Pfl Big Sky Big Ideas
Pfl Big Sky Big IdeasPfl Big Sky Big Ideas
Pfl Big Sky Big Ideas
 
Nestle confectionery
Nestle confectionery Nestle confectionery
Nestle confectionery
 
The Bright Future of Market Research Smartees Workshop
The Bright Future of Market Research Smartees WorkshopThe Bright Future of Market Research Smartees Workshop
The Bright Future of Market Research Smartees Workshop
 
Healthcasts_Whitepaper
Healthcasts_WhitepaperHealthcasts_Whitepaper
Healthcasts_Whitepaper
 
How to Leverage Digital Channels to Drive HCP Engagement
How to Leverage Digital Channels to Drive HCP EngagementHow to Leverage Digital Channels to Drive HCP Engagement
How to Leverage Digital Channels to Drive HCP Engagement
 
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
__qs_documents_15624_Paving_the_path_to_proven_sucess_-_Your_playbook_on_expe...
 
Post from channel 123
Post from channel 123Post from channel 123
Post from channel 123
 
Dr. Pepper Final Project!
Dr. Pepper Final Project!Dr. Pepper Final Project!
Dr. Pepper Final Project!
 
Eftpos creds conbined 31_may
Eftpos creds conbined 31_mayEftpos creds conbined 31_may
Eftpos creds conbined 31_may
 
TNS 2014 Amazing
TNS 2014 Amazing TNS 2014 Amazing
TNS 2014 Amazing
 
Perfecting Scientific Webinars for Lead Generation
Perfecting Scientific Webinars for Lead GenerationPerfecting Scientific Webinars for Lead Generation
Perfecting Scientific Webinars for Lead Generation
 
Social Analytics Best Practices Webinar
Social Analytics Best Practices WebinarSocial Analytics Best Practices Webinar
Social Analytics Best Practices Webinar
 
Marketers Flunk the Big Data Test
Marketers Flunk the Big Data TestMarketers Flunk the Big Data Test
Marketers Flunk the Big Data Test
 
14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal
14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal
14th Cairo Marketing Club (FMCG Fast Moving Pharma)) by Dr.Saber Helal
 
PetCARE TV - The Veterinary Waiting Room Network
PetCARE TV - The Veterinary Waiting Room NetworkPetCARE TV - The Veterinary Waiting Room Network
PetCARE TV - The Veterinary Waiting Room Network
 
Griffin, Natalie Marketing Plan
Griffin, Natalie Marketing PlanGriffin, Natalie Marketing Plan
Griffin, Natalie Marketing Plan
 
Suzanne Hendery Branding Case Study for Renown Health.pptx
Suzanne Hendery Branding Case Study for Renown Health.pptxSuzanne Hendery Branding Case Study for Renown Health.pptx
Suzanne Hendery Branding Case Study for Renown Health.pptx
 

Recently uploaded

Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Victor Rentea
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
panagenda
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Safe Software
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
?#DUbAI#??##{{(☎️+971_581248768%)**%*]'#abortion pills for sale in dubai@
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Victor Rentea
 

Recently uploaded (20)

Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
Modular Monolith - a Practical Alternative to Microservices @ Devoxx UK 2024
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challenges
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
 
CNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In PakistanCNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In Pakistan
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024Finding Java's Hidden Performance Traps @ DevoxxUK 2024
Finding Java's Hidden Performance Traps @ DevoxxUK 2024
 
Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024Manulife - Insurer Transformation Award 2024
Manulife - Insurer Transformation Award 2024
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 

Big Data Strategies for Monetization