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The Context
Ritu Agarwal
Senior Associate Dean for ResearchProfessor and Dean’s Chair of Information Systems
Director, Center for Health Information & Decision Systems
University of Maryland
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Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.
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Big Data: A “Perfect” Storm
Tech Advances
Pervasive digitization
Artificial Intelligence
• Price-performance
• Data storage
• Economic• Social…
• Image recognition• Automated
action..
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Volume, Velocity, Variety (Value and Veracity)
60 million search queries
Amazon
1.25 million in online sales
37 million pieces of content
4.15 million tweets
In these 15 minutes……..
Every day: 2.5 quintillion b
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Who is being disrupted?RETAIL
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Who is being disrupted?Financial Services
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Who is being disrupted?manufacturing
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Who is being disrupted?healthcare
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And of course….government
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The Summit: A Deep Dive
Insights, knowledge, and skills• Technology• Strategy• State of the art analytics• Best practice cases• Challenges and solutions• relationships
BIG DATATHE PROMISE AND PERIL
Seize the opportunity Mind the “gap” Build capability
THANK YOU
BEST WISHES FOR A PRODUCTIVE AND INTELLECTUALLY STIMULATING EVENT
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