data influences the world - for dow jones
TRANSCRIPT
Riding the Data Wave allows us to influence the world by:
Ilse Calderon
1. Selling More 2. Tackling poverty3. Making breakthroughs
Selling More
Every action and decision made relies on the evaluation of data
More Data Better Need-Finding More customers’ needs/wants met More Sales
Data improves decision making so that businesses improve products/services
Example: Disney Magic Bands track visitors’ moves and analyze the data so that it is able to provide these customers with the most personalized experience
Tackling Poverty
Poverty is man-made and can be reduced by actions taken by humans
These actions can be effectively executed by using data to increase those positively affected
Example: Access to data allows start-ups to exist
which in turn provide job gains that can aid in solving the problem of poverty
Access to relevant Big Data can help bring about a cure to diseases affecting many, such as cancer
Having and measuring precise data can reduce the risk of terrorist attacks
Example: Flatiron Health, a startup in NYC, is shaking up the healthcare world by collecting and analyzing immense amounts of clinical data to research a cure for cancer
Making Breakthroughs