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The Business Model Navigator, 2nd Edition
book

The Business Model Navigator, 2nd Edition

by Oliver Gassmann, Karolin Frankenberger, Michaela Choudury, Michaela Csik
August 2020
Intermediate to advanced
425 pages
11h 12m
English
Pearson Education
Content preview from The Business Model Navigator, 2nd Edition

Chapter 25

Leverage Customer Data

Making use of what you know

An octopus holding a fishing net in one of its tentacles, attempting to catch hold of binary numbers that reads 1010, 00111, 00011, 011101 and 0111 in the air. The binary numbers emanate from a laptop held by a woman feeding in information.

The pattern

Leveraging Customer Data is one major area benefiting from present-day technological progress and the possibilities it opens up in the fields of data collection and processing. Companies whose main activities centre on the acquisition and analysis of data (HOW?) are already thriving, and illustrate the enormous demand in this segment. The concept is mirrored in increasingly frequent statements, such as ‘data is the new oil’. Way back in 2006, Michael Palmer made the point in his blog that unprocessed or unanalysed mounds of data, such as crude oil, serve very little ...

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Publisher Resources

ISBN: 9781292327143