Big Data Trends - WorldFuture 2015 Conference
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The Business of Big Data - IA Ventures
- The Business of BIG DATA<br />General Assembly<br /> July 12th, 2011<br />
- What we’ll cover<br />What is Big Data?<br />Characteristics of a Big Data business<br />Creating competitive barriers in Big Data<br />
- Why now?<br />There were 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every 2 days, and the pace is increasing<br />Eric Schmidt, Google CEO, Techonomy Conference, August 4, 2010<br />Data is becoming the new raw material of business: an economic input almost on a par with capital and labour. “Every day I wake up and ask, ‘how can I flow data better, manage data better, analyse data better?” says Rollin Ford, the CIO of Wal-Mart. <br />Source: Data, Data Everywhere, The Economist, February 25, 2010<br />
- Source: Mike Driscoll, CTO Metamarkets: The Three Sexy Skills of Data Scientists (& Data Driven Startups)<br />
- Source: Mike Driscoll, CTO Metamarkets: The Three Sexy Skills of Data Scientists (& Data Driven Startups)<br />
- What is Big Data?<br />
- Big Data = Complex Data<br />Large<br />Real-time<br />
- Large<br />
- Real-time<br />
- A Big Data company unlocks intelligence from complex data<br />
- IA Ventures invests in early-stage companies unlocking intelligence from complex data<br />
- history of big data<br />
- Search Engine<br />
- Search Engine<br />Crawl the web<br />Query<br />
- Search Engine<br />Crawl the web<br />Computation<br />Query<br />Storage<br />
- Storage<br />Computation<br />
- Distributed<br />Storage<br />Computation<br />
- Distributed Storage<br />Distributed Computation<br />Map Reduce<br />Big Table<br />
- Distributed Storage<br />Distributed Computation<br />Map Reduce<br />Big Table<br />Hadoop<br />HBase<br />
- Distributed Storage<br />Distributed Computation<br />
- Distributed Storage<br />Distributed Computation<br />
- So you want to start a big data company?<br />
- Taxonomy of Big Data Companies<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Taxonomy of Big Data Companies<br />Data Products<br />
- Moats<br />
- Competitive Barriers<br />Data Network Effects<br />Data Economies of Scale<br />
- Network Effects<br />Traditionally think of….<br />‘Network graphs’<br />Marketplaces<br />
- Network Effects<br />Within the data eco-system…<br />No network effects<br />
- Data Network Effects<br />Within the data eco-system…<br />
- Data Network Effects<br />Within the data eco-system…<br />
- Economies of Scale<br />Traditionally think of….<br />
- Data Economies of Scale<br />Within the data eco-system…<br />5. Increased user engagement and more data<br />1. Product<br />4. Product evolves<br />2. Users<br />3. Data<br />
- Data Economies of Scale<br />Within the data eco-system…<br />5. Increased user engagement and more data<br />1. Product<br />4. Product evolves<br />2. Users<br />3. Data<br />
- Big Data Team<br />
- Big Data Team<br />Data science<br />Scalable distributed architectures <br />
- Big Data Team<br />Data DNA<br />
- Thank you!<br />Ben Siscovick<br />@bsiscovick<br />ben@iaventures.com<br />Andrew Cove<br />@andrewacove<br />andrew@iaventures.com<br />
