Join Wayne Winston for an in-depth discussion in this video What factors are increasing the importance of analytics?, part of Wayne Winston on Analytics.
I believe there's three factors here that…increase the importance of analytics in our world.…The first one is we have much more data available.…There's a company you might not know about…called Factual, founded by some ex Google employees.…And their goal is to collect every source of data that would be useful in the world.…That's a pretty ambitious goal.…But to give you an example, if you look on their website.…They have, free for download, the location of every…restaurant in the United States and the type of restaurant.…That's one data set.…And you can think about who might be interested in that.…Another data set they have is for a certain grocery store chain.…
Every product sold there, the nutritional makeup of…the product, the price of the product, etcetera.…This is just a small fraction of course of the data in the world.…So another example for you sports fans, of where there's more data…you may or may not know In around half the NBA arenas now.…There's, there's some cameras above the arena.…These cameras…
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