Customers Pay the Bills
The most intelligent telephone companies are about to become banks, and it’s not clear to me how the banks stop them. I recently met with some bank owners and their responses to how technology is changing their business and their customers’ expectations was shocking.
The Changing Nature of Big Data: Global Networks
We are entering a world where a small retailer, next year, will have more intelligence at their fingertips than Wal-Mart had two years ago. Facebook is going to be a universal consumer database, and it’s going to have more data than anybody in the history of the world, and it’s going to be interesting to everybody on Earth.
So we decided to build a universal market database with all this information in it. We take that Facebook data, we join it with Google data, with Wikipedia data, with Apple data, with government databases, clean it, deduplicate it, turn it around and then offer that as a service.