Crash test: The tech driving down car insurance fraud

Posted by & filed under Business Analytics, Business Intelligence, Civil Liberties, Competitive Advantage, Consumer Technology, Electronic Surveillance, Ethical issues, Fraud, IT Trends.

Like everything from watches to refrigerators, cars are fast becoming internet-connected and laden with sensors monitoring their every move.  A “black box” can be found in millions of cars globally, now that more and more drivers are choosing so-called telematics insurance policies.  And these devices, that monitor speed, acceleration, braking, cornering – all aspects of… Read more »

How does Google make money?

Posted by & filed under Business Analytics, Business Intelligence, Competitive Advantage, Internet Advertising.

In 2015 alone, Google had revenues of $75bn (£53bn). That’s about £1,675 a second. Yet its core service – search – costs nothing to use. So how does it make all its money? Source: BBC Date: March 25th, 2016 Link: http://www.bbc.co.uk/guides/z9x6bk7 Discussion 1) Google makes most of its money from selling advertising opportunities on the search pages so many… Read more »

IBM’s Watson lives in more areas of our lives than we think

Posted by & filed under AI/Artificial Intelligence, App Economy, Big Data, Business Analytics, Business Intelligence, Competitive Advantage, Consumer Technology.

IBM wants Watson to help solve professional and personal problems big and small. But it can’t do it alone.  To achieve its goal, IBM has been honing Watson’s various abilities and lending them to more than 500 startups and companies in 17 industries. Source: CNN Tech Date: January 29th, 2016 Link: http://money.cnn.com/2016/01/29/technology/watson-cool-apps/index.html?iid=Lead Discussion 1) The article suggests that… Read more »

Who Controls Your Facebook Feed?

Posted by & filed under App Economy, Big Data, Business Analytics, Business Intelligence, Competitive Advantage, Consumer Technology, IT Strategy.

Every time you open Facebook, one of the world’s most influential, controversial, and misunderstood algorithms springs into action. It scans and collects everything posted in the past week by each of your friends, everyone you follow, each group you belong to, and every Facebook page you’ve liked. For the average Facebook user, that’s more than… Read more »

Facebook quizzes: What happens to your data?

Posted by & filed under Big Data, Business Analytics, Business Intelligence, Civil Liberties, Consumer Technology, Cyber Security, Entertainment, Ethical issues, Fraud.

Recently 17 million users visited an app via Facebook which offered to provide them with a word cloud of their most used words on the social network.  A few days later, freelance journalist Paul Bischoff wrote a piece for Comparitech entitled “That most used words Facebook quiz is a privacy nightmare” which outlined the huge amounts of data… Read more »

How data is shining a light on global property markets

Posted by & filed under Big Data, Business Analytics, Business Intelligence.

The chief executive of Dutch software company GeoPhy, believes his company’s data analytics software program could blast open the closed real estate market, starting with commercial property, a global market worth about €22.5tn (£15.7tn), according to the European Public Real Estate Association. Source: BBC News Date: November 11th, 2015 Link: http://www.bbc.com/news/business-34531638 Discussion 1) The article says “the program crunches lots… Read more »

How Facebook knows who you might be dating online

Posted by & filed under App Economy, Big Data, Business Analytics, Business Intelligence, Civil Liberties, Cloud Computing, Cyber Security.

Users of dating apps have expressed concerns about their privacy after their matches appeared as “suggested friends” on Facebook.   It’s happened on apps like Tinder and Grindr and people have called it “creepy”.   “There are people whose name might just show up as ‘looking’, and then suddenly you see them on Facebook.” Source: BBC News Date: October… Read more »

What Your Facebook Updates Say About Your Age

Posted by & filed under Big Data, Business Analytics, Business Intelligence.

Researchers have come up with a new way of looking at the relationship between language and social characteristics where the differences between groups are suggested by the data itself. Warning: there is some profanity in this article.   Source: Mental Floss Magazine Date: September 21st, 2015 Link: http://mentalfloss.com/article/53031/what-your-facebook-updates-say-about-your-age Discussion 1) The article says that “among the insights uncovered were… Read more »

Google Could Rig the Next Election

Posted by & filed under Business Analytics, Business Intelligence, Fraud, IT and Politics.

By manipulating its search results, Google could decide the next election. The world’s most-used search engine is so powerful and national elections are so tight, that even a tiny tweak in Google’s (GOOGL, Tech30) secret algorithm could swing the 2016 presidential election, according to Robert Epstein, senior research psychologist at the American Institute for Behavioral… Read more »