Big Data and Small Companies

My first Harvard Business Review post is up.

HBR

File this under “proof that I’m not a complete idiot.”

My first post on HBR is now up, titled “Even Small Companies Can Tap Big Data If They Know Where to Look.” Here’s an excerpt:

True that in the past, companies seeking to tap into big data needed to purchase expensive hardware and software, hire consultants, and invest huge amounts of time in analytics. But trends such as cloud computing, open-source software, and software as a service have changed all that. New, inexpensive ways to learn from data are emerging all the time.

Take Kaggle, for instance. Founded in 2010 by Anthony Goldbloom and Jeremy Howard, the company seeks to make data science a sport, and an affordable one at that. Kaggle is equal parts funding platform (like Kickstarter and Indiegogo), crowdsourcing company, social network, wiki, and job board (like Monster or Dice). Best of all, it’s incredibly useful for small and midsized businesses lacking tech- and data-savvy employees.

Read the whole thing here.

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