Acquiring Big (and Little) Data
If we have data, let’s look at data. If all we have are opinions, let’s go with mine.
—Jim Barksdale, former Netscape CEO
Introduction
Big (and little) data are as necessary to Dynamic Customer Strategy (DCS) as food is to a teenager. With a voracious appetite, DCS seeks data that can provide any additional edge. In this chapter, we dive deeper into the acquisition stage of data strategy. At the end, you’ll be able to:
• Identify new sources of data that add quality to decisioning
• Assess the quality of measures, given your conceptual map
• Create a plan for sourcing data
Do we have the data? If not, the best we can do is offer an opinion. And if you follow the quote to the ultimate conclusion regarding ...
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