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Value Of Data Quotes


"The long-term value proposition for cellphone companies isn't just voice conversation - it's transfer of data." - Gary Kovacs

"Once the business data have been centralized and integrated, the value of the database is greater than the sum of the preexisting parts." - Larry Ellison

"Just as modern man consumes both too many calories and calories of no nutritional value, information workers eat data both in excess and from the wrong sources." - Timothy Ferriss

"Before Google, and long before Facebook, Bezos had realized that the greatest value of an online company lay in the consumer data it collected." - George Packer

"Would-be drug companies must either produce medicines that stand up to federal scrutiny, demonstrate that their data has value to other companies, or go out of business." - Alex Berenson

"Just as modern man consumes both too many calories and calories of no nutritional value, information workers eat data both in excess and from the wrong sources." - Tim Ferriss

"We all say data is the next white oil. [Owning the oil field is not as important as owning the refinery because what will make the big money is in refining the oil. Same goes with data, and making sure you extract the real value out of the data.]" - Maurice Levy

"EMA research evidences strong and growing interest in leveraging log data across multiple infrastructure planning and operations management use cases. But to fully realize the potential complementary value of unstructured log data, it must be aligned and integrated with structured management data, and manual analysis must be replaced with automated approaches. By combining the RapidEngines capabilities with its existing solution, SevOne will be the first to truly integrate log data into an enterprise-class, carrier-grade performance management system." - Jim Frey

"Think of your existing power as the exponent in an equation that determines the value of information. The more power you have, the more additional power you derive from the new data." - Bruce Schneier

"Data Information generated, collected or created by users - such as songs, photos, or news clippings - are examples of stored value in the form of content. But sometimes users invest in a service by either actively or passively adding data about themselves or their behaviors.
" - Hooked

"The plural of anecdote is not data." - Marc Bekoff

"The plural of anecdotes is not data" - Ben Goldacre

"The cloud is driven by statistics, and even in the worst individual cases of personal ignorance, dullness, idleness, or irrelevance, every person is constantly feeding data into the cloud these days. The value of such information could be treated as genuine, but it is not. Instead, the blindness of our standards of accounting to all that value is gradually breaking capitalism." - Jaron Lanier

"The value of science is not simply what the next model of the iPod you will buy next week, but its real value comes about when it's time to distinguish reality from everything else. And to be scientifically literate is to be trained in what it is, to recognize your own frailty as a data-taking device." - Neil Degrasse Tyson

"scientists ... resist ... making more of the data than the data make of themselves." - Natalie Angier

"Our problems are not with the data, itself, but arise from our interpretation of the data." - Bruce H. Lipton

"Simple models and a lot of data trump more elaborate models based on less data." - Peter Norvig

"Unearned increment of value." - John Stuart Mill

"A data scientist is that unique blend of skills that can both unlock the insights of data and tell a fantastic story via the data." - DJ Patil

"Technology and the Internet have created a new set of relationships. It's changed the social fabric of promotion: advertising, dating. Part of art world judgment, part of it, is based on people's statistics; their measure of financial value: of likes, of popularity. Data and technology are invading the traditional and classic set of criteria." - Steve Miller

"Data are just summaries of thousands of stories - tell a few of those stories to help make the data meaningful." - Dan Heath

"Data are becoming the new raw material of business." - Craig Mundie

"The future of marketing isn't big data, it's big understanding." - Jay Baer

"Ultimately, thinking is a very inefficient method of processing data." - Frederick Lenz

"I am completely opposed to the concept of big data." - Chris Toumazou

"I collect a lot of data. We all do." - Peter Diamandis

"A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for judging the validity of a scientific theory is a confrontation with the data of experience." - Maurice Allais

"What is clear is that users own their data and should have control of how their data is used." - Marissa Mayer

"If you consider any set of data without a preconceived viewpoint, then a viewpoint will emerge from the data." - William S Burroughs

"Teach where data can be found or how it can be derived, not the recording of data." - L Ron Hubbard

"Knowledge about limitations of your data collection process affects what inferences you can draw from the data." - Nick Bostrom

"People treat citizens like they're some kind of unreliable source, but citizens are data. They are a data set." - Josh Fox

"Government and businesses cannot function without enormous amounts of data, and many people have to have access to that data." - Glenn Greenwald

"Analytical software enables you to shift human resources from rote data collection to value-added customer service and support where the human touch makes a profound difference." - Bill Gates

"Every experience is of value." - Oscar Wilde

"A value is valuable when the value of value is valuable to oneself." - Dayananda Saraswati

"What I think is coming instead are much more organic ways of organizing information than our current categorization schemes allow, based on two units - the link, which can point to anything, and the tag, which is a way of attaching labels to links. The strategy of tagging - free-form labeling, without regard to categorical constraints - seems like a recipe for disaster, but as the Web has shown us, you can extract a surprising amount of value from big messy data sets." - Clay Shirky

"The 'data' (given) of research are not so much given as taken out of a constantly elusive matrix of happenings. We should speak of capta rather than data." - R D Laing

"Now companies tend to mine gigantic databases for insights into what might happen six months from now. That might always be valuable, but there's a different kind of value - and a competitive edge - in processing ongoing streams of data through a software model that can quickly and constantly make predictions about, say, whether a certain customer is going to defect, or an aircraft is going to run into trouble." - Kevin Maney

"With too little data, you won't be able to make any conclusions that you trust. With loads of data you will find relationships that aren't real... Big data isn't about bits, it's about talent." - Douglas Merrill

"Go out and collect data and, instead of having the answer, just look at the data and see if the data tells you anything. When we're allowed to do this with companies, it's almost magical." - Steven Levitt

"There are two sources of error: Either you lack sufficient data, or you fail to take advantage of the data that you have." - Bryan Caplan

"The combination of some data and an aching desire for an answer does not ensure that a reasonable answer can be extracted from a given body of data." - John Tukey

"Data is the fabric of the modern world: just like we walk down pavements, so we trace routes through data, and build knowledge and products out of it." - Ben Goldacre

"On the allegation of withholding temperature data, we find that CRU was not in a position to withhold access to such data or tamper with it." - Muir Russell

"There is not substantial data that AZT stops the transmission of HIV from mother to child. There is too much conflicting data to make concrete policy." - Manto Tshabalala-Msimang

"Don't think of cost. Think of value." - John Spence

"...the Climate Research Unit of the University of East Anglia apparently cherry-picked Russian climate data." - Andrey Illarionov

"One of the myths about the Internet of Things is that companies have all the data they need, but their real challenge is making sense of it. In reality, the cost of collecting some kinds of data remains too high, the quality of the data isn't always good enough, and it remains difficult to integrate multiple data sources." - Chris Murphy

"Junk food, empty calories and carbs are the Big Data of the masses" - Karl Marx

"Big data will replace the need for 80% of all doctors" - Vinod Khosla

"I'm a bit of a freak for evidence-based analysis. I strongly believe in data." - Gus O'Donnell, Baron O'Donnell

"Data isn't information, any more than fifty tons of cement is a skyscraper." - Clifford Stoll

"Twenty percent of all input forms filled out by people contain bad data." - Dennis Ritchie

"Data is of course important in manufacturing, but I place the greatest emphasis on facts." - Taiichi Ohno

"The analysis of data will not by itself produce new ideas..." - Edward De Bono

"The purpose of models is not to fit the data but to sharpen the question." - Samuel Karlin

"The falsification of scientific data or analysis is always a serious matter" - Ed Markey

"Without big data, you are blind and deaf and in the middle of a freeway." - Geoffrey Moore

"Information design addresses the organization and presentation of data: its transformation into valuable, meaningful information." - Nathan Shedroff

"We chose it because we deal with huge amounts of data. Besides, it sounds really cool." - Larry Page

"Youth is cause, effect is age; so with the thickening of the neck we get data." - Djuna Barnes

"When a manager asks for hard data, that's usually just his way of saying no." - Ward Cunningham

"How can you make sense of the future when you only have data about the past?" - Clayton Christensen

"We live, I regret to say, in an age of Big Data hype." - Oscar Wilde

"90% of the world's data was created in the last two years" - Marc Benioff

"People are running huge enterprises off of hacking and stealing data." - Tim Cook

"... a sober evaluation of the data suggests the phenomena warrants further scrutiny." - Kenny Young

"The temptation to form premature theories upon insufficient data is the bane of our profession." - Arthur Conan Doyle

"Anecdotal data is not incidental to theory development at all, but an essential part of it" - Henry Mintzberg

"Information is just bits of data. Knowledge is putting them together. Wisdom is transcending them." - Ram Dass

"I'm a bit of a freak for evidence-based analysis. I strongly believe in data." - Gus Odonnell

"The future of marketing belongs to honest information, accurate data and clear claims based on truth." - Patrick Dixon

"Reliable data on the outsourcing of American jobs is sorely missing from the debate on globalization." - Dan Lipinski

"The falsification of scientific data or analysis is always a serious matter." - Ed Markey

"The more the data banks record about each one of us, the less we exist." - Marshall Mcluhan

"The fact is that data are worth a lot of money." - Peter Diamandis

"Only the ephemeral is of lasting value." - Eugene Ionesco

"Labor is the true standard of value." - Abraham Lincoln

"All propositions are of equal value." - Ludwig Wittgenstein

"Knowledge is of more value than gold" - Solomon

"There remains an experience of incomparable value." - Dietrich Bonhoeffer

"Freedom is a possession of inestimable value." - Cicero

"I'm in the business of value judgments ." - Tucker Carlson

"Experience is the thing of supreme value"." - Henry Ford

"Nothing of value comes without being earned." - Michael Jordan

"Every second is of infinite value." - Johann Wolfgang von Goethe

"Don't underestimate the value of Doing Nothing" - A A Milne

"Utility alone is the cause of value." - Eric Roll, Baron Roll of Ipsden

"Information: the negative reciprocal value of probability." - Claude Elwood Shannon

"History is only a value of relation." - Henry Adams

"Gold is the corpse of value..." - Neal Stephenson

"What is the value of your existence?" - Stephen Evans

"Freedom is a possession of inestimable value." - Marcus Tullius Cicero

"Information: the negative reciprocal value of probability." - Claude Shannon

"MapReduce has become the assembly language for big data processing, and SnapReduce employs sophisticated techniques to compile SnapLogic data integration pipelines into this new big data target language. Applying everything we know about the two worlds of integration and Hadoop, we built our technology to directly fit MapReduce, making the process of connectivity and large scale data integration seamless and simple." - Greg Benson

"We are thus led to a somewhat vague distinction between what we may call 'hard' data and 'soft' data.... I mean by 'hard' data those which resist the solvent influence of critical reflection, and by 'soft' data those which, under the operation of this process, become to our minds more or less doubtful." - Bertrand Russell

"Data is just like crude. It's valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc., to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value." - Michael Palmer

"I generally believe people should be data savvy, and we should teach statistics in high school... and the reason is the world today really revolves around analytics... So the ability to think data, the ability to speak data, to understand the power of data, I think everything citizen on this planet should understand, because it's so powerful." - Sebastian Thrun

"People value honesty. They value integrity. They value competence and courage and all those kinds of things." - Richard A. Kidd

"Oklahomans value our children and our seniors. Oklahomans value traditions of faith. Oklahomans value our heroes, our veterans. Oklahomans value innovation and the creative arts." - Brad Henry

"Soft data, hard conflicts." - Gerhard Kocher

"Consider data without prejudice." - Thomas A Edison

"Data is not intelligence." - William Binney

"The value of ourselves is but the value of our melancholy and our disquiet." - Maurice Maeterlinck

"I think we"ve been oversold the value of more and undersold the value of less." - Greg McKeown

"I think we've been oversold the value of more and undersold the value of less." - Greg McKeown

"The value of assets often increases exponentially while the value of your labor only increases incrementally." - Robert Kiyosaki

"Use book value as a starting point to try and establish the value of the enterprise." - Walter Schloss

"When a man realizes the value of his woman, he adds value to himself." - Unknown

"The circulation of capital realizes value, while living labour creates value." - Karl Marx

"Exchange value forms the substance of money, and exchange value is wealth." - Karl Marx

"The circulation of capital realizes value , while living labour creates value ." - Karl Marx

"The value of the work we do is the value we give to it." - Christopher Moore

"The rate of interest acts as a link between income-value and capital-value." - Irving Fisher

"A graphic representation of data abstracted from the banks of every computer in the human system. Unthinkable complexity. Lines of light ranged in the nonspace of the mind, clusters and constellations of data. Like city lights, receding." - William Gibson

"Take the situation of a scientist solving a problem, where he has certain data, which call for certain responses. Some of this set of data call for his applying such and such a law, while others call for another law." - George H. Mead

"... while in theory digital technology entails the flawless replication of data, its actual use in contemporary society is characterized by the loss of data, degradation, and noise; the noise which is even stronger than that of traditional photography." - Lev Manovich

"Data-driven predictions can succeed-and they can fail. It is when we deny our role in the process that the odds of failure rise. Before we demand more of our data, we need to demand more of ourselves." - Nate Silver

"Take the situation of a scientist solving a problem, where he has certain data, which call for certain responses. Some of this set of data call for his applying such and such a law, while others call for another law." - George Herbert Mead

"Scientists who think science consists of unprejudiced data-gathering without speculation are merely cows grazing on the pasture of knowledge." - Peter Medawar

"A basic principle of data processing teaches the folly of trying to maintain independent files in synchonism." - Fred Brooks

"The modern marketer is: an experimenter, a lover of data, a content creator, a justifier of ROI." - Kimberley Walsh

"Statistics may be defined as the discipline concerned with the treatment of numerical data derived from groups of individuals." - Peter Armitage

"Data only exists within the framework of a vision you're building to, a hypothesis of where you're moving to." - Reid Hoffman

"One of the issues of social networking silos is that they have the data and I don't." - Tim Bernerslee

"One of the issues of social networking silos is that they have the data and I don't." - Tim Berners-Lee

"Some of the best theorizing comes after collecting data because then you become aware of another reality." - Robert J Shiller

"The Europeans have lots of data on the use of adjuvanted flu vaccine in the elderly, but I dont think anybody has really good data on adjuvants in children." - Anthony S. Fauci

"Listening to the data is important... but so is experience and intuition. After all, what is intuition at its best but large amounts of data of all kinds filtered through a human brain rather than a math model?" - Steve Lohr

"We shall have a procession of data that Science has excluded. Battalions of the accursed, captained by pallid data that I have exhumed, will march. You'll read them - or they'll march." - Charles Fort

"As a Facebook user, do I have control of the data Facebook keeps about me? Concretely: can I examine and modify that data using tools of my choosing which are built for my needs?" - Eric S Raymond

"Data, I think, is one of the most powerful mechanisms for telling stories. I take a huge pile of data and I try to get it to tell stories." - Steven Levitt

"Uncontrolled access to data, with no audit trail of activity and no oversight would be going too far. This applies to both commercial and government use of data about people." - John Poindexter

"Concepts are vindicated by the constant accrual of data and independent verification of data. No prize, not even a Nobel Prize, can make something true that is not true." - Stanley B Prusiner

"Remember and Share - The Investment Phase is the fourth step in the Hook Model. - Unlike the Action Phase, which delivers immediate gratification, the Investment Phase is about the anticipation of rewards in the future. - Investments in a product create preference because of our tendency to overvalue our work, be consistent with past behaviors, and avoid cognitive dissonance. - Investment comes after the variable reward phase when users are primed to reciprocate. - Investments increase the likelihood of users returning by improving the service the more it is used. They enable the accrual of stored value in the form of content, data, followers, reputation or skill. - Investments increase the likelihood of users passing through the Hook again by loading the next trigger to start the cycle all over again. *** Do This Now Refer to the answers you came up with in the last 'Do This Now' section to complete the following exercises: - Review your flow. What 'bit of work' are your users doing to increase their likelihood of returning? - Brainstorm three ways to add small investments into your product to: - Load the next trigger - Store value as data, content, followers, reputation and skill - Identify how long it takes for a 'loaded trigger' to re-engage your users. How can you reduce the delay to shorten cycle-time through the Hook?
" - Hooked

"Despite the value of open data, most labs make no systematic effort to share data with other scientists." - Michael Nielsen

"The data set of proxies of past climate used in Mann...for the estimation of temperature from 1400 to 1980 contains collation errors, unjustifiable truncation or extrapolation of source data, obsolete data, geographical location errors, incorrect calculation of principal components and other quality control defects." - Steve McIntyre

"[Sherlock Holmes:] The temptation to form premature theories upon insufficient data is the bane of our profession." - Arthur Conan Doyle

"Minds think with ideas, not information No amount of data, bandwidth, or processing power can substitute for inspired thought." - Clifford Stoll

"Urban areas tend to attract members of the 'knowledge class' - people who work with ideas, data, information" - Nancy Pearcey

"If you step back and look at the data, the optimum amount of red meat you eat should be zero." - Walter Willett

"One of the best things data can enable us to do is to ask questions we didn't know to ask." - Vinod Khosla

"The challenge is for the graphic designer to turn data into information and information into messages of meaning." - Katherine McCoy

"Our ability to do great things with data will make a real difference in every aspect of our lives," - Jennifer Pahlka

"The ultimate purpose of collecting the data is to provide a basis for action or a recommendation." - W Edwards Deming

"Nothing beats standing in the middle of the action, with all the data I need at my fingertips" - Betty Liu

"Everything I write, I believe instinctively, is to some extent collage. Meaning, ultimately, is a matter of adjacent data." - David Shields

"Everything is going to be connected to cloud and data... All of this will be mediated by software." - Satya Nadella

"Our ability to do great things with data will make a real difference in every aspect of our lives." - Jennifer Pahlka



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