Big Data: Minimizing Risks and Maximizing Rewards

Speaker:

Dr. Samuel Franklin, PhD.
Senior Analytical Lead at Google Inc.

Summary of talk:

Conversations about Big Data are becoming increasingly common in boardrooms all over the world.  Organizations are making significant investments in data collection and warehousing projects with the expectation that Big Data will yield Big Rewards.  But, there are significant risks associated with owning large data stores.

Like any other business initiative, Big Data’s potential for reward is counterbalanced by financial and security risks.  Maintaining data collection and storage infrastructure requires hardware, energy, and skilled IT professionals.  Possessing large amounts of data, especially customer data, exposes an organization to hacking and corporate espionage threats that can severely impact both business operations and public relations.

This presentation will outline a number of strategic actions organizations should take to minimize the risks and maximize the rewards of Big Data.  The discussion will highlight key human resource requirements, program planning considerations, and data policy frameworks.

Bio: http://www.linkedin.com/pub/dr-samuel-franklin/2a/911/13b

Join or login to comment.

  • Altan K.

    Thank you Sam for the presentation, and thank you to event sponsors. It was my first meetup, definitely will not be the last, I enjoyed it.

    Three takeaways from the presentation, for those who missed it:
    1- Plan the work, then work the plan.
    - companies collect data without any solid plan - which is very costly.

    2- Data: Use it or lose it.
    - keeping the unused data around is risky

    3- Companies: invest more in analytical talent now, before it is too late.
    -McKinsey estimates that there will be %50 gap in the supply and demand of data analytics workforce by 2018.

    1 · April 11, 2013

  • Barry H.

    I appreciated the career tip about getting in front of people outside your field and explaining your work. Great idea but easy to forget...

    2 · April 11, 2013

  • A former member
    A former member

    Thanks for streaming that, Raj and Travis.

    1 · April 11, 2013

  • gene o.

    Awsome

    1 · April 11, 2013

  • Khurram Z.

    Great job!

    1 · April 10, 2013

  • A former member
    A former member

    Gooood !!

    April 10, 2013

  • AK D.

    It was a good presentation

    April 10, 2013

  • Matthew W.

    Great presentation.

    April 10, 2013

  • Brian R.

    Excellent talk and great group of people

    April 10, 2013

  • Sherra B.

    Great presentation...Thanks so much for the live stream!

    April 10, 2013

  • Sharon

    Was just surprised by my kids who drove home from UGA with flowers in hand for my birthday! Sorry for the last minute cancellation.

    1 · April 10, 2013

  • Darius H.

    Weather.

    April 10, 2013

  • Marco A.

    Just realized I have a conflict.

    April 10, 2013

  • Sherra B.

    I really hate to miss this presentation but I'm not going to get done with work in time. Hope somebody can use my spot! Have a great event!!!

    1 · April 10, 2013

  • Andrew T.

    Sorry guys ... something came up last minute.

    April 10, 2013

  • Faizan J.

    Unfortunately I have to leave before 7:15pm so I will give up my space for someone who can take full advantage of this talk.

    April 10, 2013

  • Kristina B

    I have a spot and may be changing it to no since I may not be able to attend. Those on the wait list please ale note. :)

    April 9, 2013

    • Kristina B

      I'm so disappointed to not be able to attend this :(

      April 10, 2013

  • Nathan S.

    Last minute conflict!

    April 10, 2013

  • Clayton T.

    Had to take a last minute trip!

    April 10, 2013

  • Travis T.

    If you know you can't attend tomorrow's meetup please change your RSVP status to 'no' so others can attend. We want to make sure we have enough room and refreshments for everyone.

    Also, please do not arrive before 6:15 as we do not want to interrupt the important business of our gracious host.

    This is my favorite venue to date and we want to be invited back to host events in the future.

    See you tomorrow!

    Best,

    Travis

    1 · April 9, 2013

  • John Y.

    sorry but i have to go out of town

    April 9, 2013

  • A former member
    A former member

    Will this session be recorded?

    1 · April 9, 2013

  • Stephen S.

    I manage public relations for a social media and text analytics company heavily focused on Big Data and would love to attend this event to learn more!

    April 8, 2013

  • Vamsi D.

    Saw this pretty late, would love to attend if a spot becomes available.

    April 8, 2013

  • A former member
    A former member

    I would love to attend if an open slot becomes available.

    April 4, 2013

  • Greg L.

    ohhhh yeah

    April 4, 2013

  • Amber R.

    I'll be in Houston for a conference. Sorry to miss.

    March 10, 2013

  • Craig V.

    Can't wait!

    March 9, 2013

  • Roy B.

    Great!

    March 9, 2013

  • Andrew T.

    Excited

    March 9, 2013

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