BUSI 2400 Study Guide - Final Guide: Pedestrian Detection, Big Data, Unstructured Data
20 Apr 2016
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Big data: data sets so large or complex that traditional data processing applications are inadequate. Big data as an impressionist painting, it makes more sense the farther you step away b/c you see the big picture, sometimes that has more value that the small data can"t provide. Exhaust: count of pedestrian/cyclists by gps location etc. Lost datao social media history, seasonal sales variances, lost/new customers preferences. Digital products are profitable b/c no inventory, unlimited supply, easy to update/change, distribution channel always open. Digital products: photography, e-books, videos, subscriptions, e-commerce platforms, electronic pet records, apps, online. Distribution channels: b2b, b2c, b2b2c, e-commerce. Four potential business models for petgro: b2b, b2c, b2b2c (concentrator), b2bx2c (broker) Physical b2b opportunities for petgro: retailers, charities, breeders/vets, animal hospitals, outsourced manufacturing, clothing chains for pet owners, 3d printed products, new medications. Digital b2b opportunities petgro: online stores, pet records, social media, surveys, videos. Enterprise systems (es): systems that support end-to-end processes.
