The pledge by Verizon and Verizon Wireless to spend a total of $3 billion to expand their data networks is still a fraction of the $55 billion that Mr. Seidenberg said Verizon has invested in infrastructure since 2000.
PE firms aimed at benefiting from a phase three strategy need to expand their data sources and deepen their ability to sift through both structured and unstructured data in order to find more predictive variables.
Gifting a 23andme kit could expand their data set to include what their muscle composition looks like and whether they're predisposed to performing better at endurance sports or power sports.
They are just beginning to spend tens of billions of dollars deploying new "fourth generation" cellular technology to greatly expand their data-moving capacity and make all sorts of new wireless devices possible, from e-books to dog collars that let you track Fido's whereabouts.
Some companies have started effectively expanding their data science efforts by providing data science automation tools to a mix of professionals including data scientists, data engineers, statisticians, and business users.
But by incorporating data from land-based stations and tourist ships that moonlight as penguin-counting research vessels, the researchers have expanded their data set and reexamined it.
Whatever mistakes they may have made in paying too much for wireless licenses or expanding their data services into unprofitable areas, these companies still send you and me a monthly bill for plain old telephone service.
"Companies like Google, Facebook, Yahoo and Microsoft are expanding their data collection techniques and they are not telling consumers and citizens why," says Jeff Chester, of the Centre for Digital Democracy.
My view is that most companies should find ways to experiment with big data and be open to products that provide the benefit of big data, but should balance these efforts by expanding their data processing infrastructure to handle data in distributed repositories that are both sources and destinations.
Starting from BaiFenDian's data records, 100Credit teams with its business partners and expands their data collection to 0.6 billion real-name and 1.1 billion anonymous users, including their online and offline browsing, consumption, reading, social networking, travel, location/real estate information, and blacklist data.
Naturally, Flachner and company believe that by expanding their data set to include 500 unique characteristics and data points on active home listings, they can make it easier for clients and realtors to discover potentially deal-breaking (or making) features like a giant backyard or proximity to public transportation.
