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It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble.
Sometimes I am a collector of data, and only a collector, and am likely to be gross and miserly, piling up notes, pleased with merely numerically adding to my stores.
Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
The internet explodes when somebody has the creativity to look at a piece of data that's put there for one reason and realise they can connect it with something else.
Big Data will spell the death of customer segmentation and force the marketer to understand each customer as an individual within eighteen months, or risk being left in the dust.
Once you have confidence in your instincts, you must never allow other people's refusal to believe, or their data to refute, what you instinctively know is true.
Oracle, for example, has even hired people to dumpster dive for information about its competitor, Microsoft. It's not even illegal, because trash isn't covered by data secrecy laws.
Data dominates. If you've chosen the right data structures and organized things well, the algorithms will almost always be self-evident. Data structures, not algorithms, are central to programming.
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.
Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.