Big Data is changing the business world. Uber is killing the traditional taxi business. Twitter has upended the newspaper industry. Big data is transforming the retail, manufacturing, and healthcare sectors. And with an estimated half a percent of the world’s data being analysed, we may just be at the tip of the iceberg.
Big data wins because it produces better information at lower cost, which should make it a valuable tool for companies as they address social and environmental issues. And with some pioneer companies putting data to good use, we convened some of the leading experts on the 11th May to ask how data can enable a better world.
We opened with a keynote from Kenneth Cukier, Data Editor for the Economist, and whose book “Big Data: A Revolution That Will Transform How We Live, Work and Think” is the top selling book on the subject. His TED talk, “Big Data is Better Data”, has been watched by nearly a million people.