By Jonathan Taplin
Before I became a university professor, I had a long career in the entertainment business–first as a concert producer for the likes of Bob Dylan and The Band, and later as producer of motion pictures, including Martin Scorsese’s Mean Streets and The Last Waltz.
Both the music and movie industries have been utterly transformed by the Internet, in positive and negative ways. But I sense that we’re still at the beginning stages of this big shift, and that some of the most interesting developments are yet to come. For example, social sentiment analysis is going to change the game for Hollywood marketing.
Evidence of the changes and challenges to come is abundant in the Film Forecaster analysis that USC Annenberg Innovation Lab and IBM conducted over the past few weeks at the front end of the holiday movie viewing season. It also surfaced in an LA event we hosted on Wednesday night, A Night Behind the Movies, where the panel included Robert Friedman, co-chairman of Lionsgate Motion Picture Group.
By Jamie Kirk
“Houston, we have a problem.” These were the famous words from the stricken astronauts aboard the Apollo 13 space vessel when a technical malfunction left the crew stranded 200,000 miles from safety. In an iconic scene from the film adaptation, NASA employees gathered in a room and were presented with a small box of jumbled everyday items that the astronauts had in their damaged capsule.
The stark reality was that if they didn’t come up with a solution using just those items then the men would soon perish in space. In the face of this insurmountable uncertainty their commander reminded everyone in the room that “failure is not an option.”
In this time of immediacy, the traditional command structure was replaced by pragmatism. The NASA leaders didn’t care about job titles or what informal teams worked together as long as it produced effective solutions. By working collaboratively within tight constraints they managed against all odds to get the astronauts back to safety. Times of uncertainty, scarcity and high stakes when guided by effective leadership often produce the most creative solutions.
By Christine A. Poon
As one of the oldest and most respected land-grant institutions in the U.S., The Ohio State University is dedicated to ensuring that students graduate with highly relevant skills to make immediate impacts in their chosen careers. In doing so, we advance our mission of elevating the economic growth of our state, nation, and world.
We now have an extraordinary opportunity to deepen this commitment through the transformational field of big data.
Four years ago, the term “big data” didn’t exist, and anything to do with data and analytics was most likely a CIO challenge. Today, CEOs must think of big data as infiltrating every aspect of their organizations. To understand data is to be inspired by its possibilities — from improving patient care, to creating more efficient city programs, to completely transforming the consumer experience. It provides us with incredible tools to focus on answering the most important questions.
By Suresh K L
Like many other countries in Africa, Ghana’s banking sector is in the midst of its most transformative phase.
The sector has expanded substantially over the last ten years, characterized by branch expansion and increased capitalization as financial institutions move to meet growing demand for consumer banking services across the country.
This is due to the continued economic growth, foreign investment, increasing diversification and a number of large investments in both the private and public sectors in Ghana and across Africa.
New technologies are helping to drive a wave of innovation across the African financial services sector as banks create new and accessible banking channels and take banking services to previously unbanked parts of society.
Innovation and collaboration will be crucial to boosting jobs and economic competitiveness in the the coming years. A strong example of these levers at work is the just-announced IBM Center for Advanced Analytics in Columbus, Ohio. The new center, which is expected to employ 500 people within three years, will focus on research, product development, client services and skills training in the areas of Big Data, analytics, and cognitive computing. IBM is collaborating with Ohio State University to develop new business and technology curricula to help students and mid-career professionals prepare for the high-value jobs of the future. Ohio officials hope what the center will help foster entrepreneurship and new business initiatives.
Here’s U.S. Senator Sherrod Brown for Ohio talking about his belief that innovation will accelerate economic growth in his state:
By Mike Reade
(This post originally appeared in Homeland Security Today.)
Police chiefs and police officers from all over the world recently descended on San Diego for the annual International Association of Chiefs of Police (IACP) conference. During the meeting, in displays reminiscent of the character “Q” from all the wonderful James Bond movies, considerable attention was focused on the whiz bang gadgetry and equipment. But hidden among all the gadgets were realistic discussions about how police continue to grapple with the ongoing demand to do more with existing resources to keep our cities and towns safe.
The hidden gem in this discussion: Big Data.
By Dr. Kiseol Yang
(Third in a Series on the Holiday Shopping Season. For the Complete Package Go to the Bottom of this Post.)
The sales and consumer shopping patterns that came about on Thanksgiving and Black Fridaydemonstrated that consumers are more technologically empowered when it comes to finding better deals across channels.
This was evident in a 17.4 percent and 20.7 percent increase in online sales on Thanksgiving and Black Friday, respectively. When compared with the same weekend in 2011, an increasing number of consumers chose to shop online with their PCs, smartphones or tablets as opposed to waiting in lines at brick-and mortar stores.