How Big Data Is Transforming the NBA (video)

How data transformed the NBA

The Economist (economist.com) video above published Dec 4, 2018:

NBA teams are changing the way they play basketball. The Houston Rockets, who boast stars like James Harden, have used data analytics to help them become championship contenders in recent seasons.

An invisible powerful force is lifting professional basketball to new heights, transforming how this multibillion-dollar sport is played and, crucially how to win. In elite sport the difference between success and failure is often the finest of margins. The Houston Rockets are one of the top teams in NBA basketball. They boast some of the sport's biggest stars, including the NBA's most valuable player in 2018.

In the past decade the Rockets have risen from mid-table mediocrity to serious NBA championship contenders. But it's not just big names that have fueled this dramatic ascent - it's big data.

The Rockets recent success owes much to their pioneering decision to start crunching data about every aspect of their game - and this is the man responsible. Computer scientist Daryl Morey is the sport's foremost data and statistics guru among NBA bosses. Ten years ago Daryl set out to find that winning formula. The Rockets were one of four NBA teams to install a pioneering video tracking system which mined raw data from games. What they discovered changed the way teams try to win. 

In the 1990s, long two-point shots from just inside the three-point line were common but Darryl's data analysis showed that statistically these shots provided the worst return.
In the 2017-18 season the Rockets made more three-pointers than any other team in NBA history and this was a major reason they won more games than any of their rivals. 
Professor Rajiv Masheswaran co-founded Second Spectrum (secondspectrum.com), The analytics company gathers and codes a vast range of increasingly granular data for all 30 NBA teams. Cameras now track and record 3D spatial data for every player and ball movement at 25 frames per second. Machine learning technology uses this huge volume of data to produce interactive visualizations allowing teams to analyze the minutiae of their performances and achieve marginal gains on court.

There is a particular focus on all important data around player movement and the probability of making a shot. Qualitative data analysis has even changed the type of players that successful teams like the Rockets have players today are on average leaner and more agile. When it comes to recruiting new players from the college draft each season, poring over data on player performance has given the Rockets a winning edge. Basketball has constantly changed but it's about to enter a brave new world where data could be courtside in the hands of coaches, helping to swing a game as it happens.

Tweets by NBA

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Rise of the Chief Data Officer (CDO) and Data Protection Officer (DPO)

The Chief Data Officer (CDO) is the newest addition to the C-Suite, and it’s a job that’s responsible for enterprise wide governance and utilization of data (or information) as an asset, including oversight over data processing, analysis, data mining, information trading, and other uses of data.

The infographic below comes from Raconteur.net, and it breaks down organizational perspectives on the role of the CDO, along with how execs in this fast-evolving position are allocating their time to achieve their mandates.

Secondary source: Infographic: The Rise of the Chief Data Officer (CDO) | visualcapitalist.com

 Approximately 90% of large global organizations will have a CDO by 2019, and the general mandate for most CDOs will be as follows:

• Data Integrator: Raw internal data exploration, diagnostic analytics, and value-added data quality and integration
• Business Optimizer: External context and benchmarking, cost-reduction analysis, and business-driven growth opportunities
• Market Innovator: Data monetization, cognitive trend analysis, and innovative business models

Gartner breaks it down in a similar way, suggesting that CDOs spend 45% of their time focused on value creation or revenue generation, 27% on risk mitigation, and 28% on cost savings and efficiency.

In addition, under the European Union's General Data Protection Regulation (GDPR), a company will often also need to appoint a Data Protection Officer (DPO). This DPO will independently assess and audit the way data is managed in the company, and it is crucial that the CDO learns to work with the company's DPO since the DPO is independent. It is the CDO's job to immediately address any concerns the DPO might raise, while still ensuring valuable data can be utilized optimally.

Additional sources:

• Data Protection Officer (DPO) | edps.europa.eu

• EU infographic

• iapp.org

Tweets by PrivacyPros

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A Multi-Billion Dollar Industry That Makes Money From Your Personal Data

A Multi-Billion Dollar Industry That Makes Its Living From Your Data (infographic):

Source: VisualCapitalist.com:

"The goal of data brokers, such as Experian (domain: experian.com) or Acxiom (domain: acxiom.com), is to siphon up as much personal data as possible and apply it to profiles. This data comes from a wide variety of sources. Your purchases, financial history, internet activity, and even psychographic attributes are mixed with information from public records to create a robust dossier. Digital profiles are then sorted into one of thousands of categories to help optimize advertising efforts ... companies are increasingly moving beyond advertising to extract value from their growing data pipeline. Amalgamated data is increasingly being viewed as a clever way to assess risk in the decision-making process (e.g. hiring, insurance, loan or housing applications), and the stakes for consumers are going up in the process ... In 2015, Facebook filed a patent for a service that would help insurance companies vet people based on the credit ratings of their social network."

Selected tweets: Acxiom, GDPR, data, privacy, consumer, Facebook, Google, AppNexus, advertising online:

GDPR is being rolled out in one month from now—be sure your company and clients have established ethical data practices. https://t.co/AAvbw0gbQ6

— Acxiom (@Acxiom) April 25, 2018

GDPR is a continuous process, not just a “one and done” fix. Do you know about the changes that will come with GDPR in May?https://t.co/7MPqB0dtlE

— Acxiom (@Acxiom) April 17, 2018

GDPR is only two months away—learn the truth behind the legislation's most common misconceptions. https://t.co/rpzceH5spf

— Acxiom (@Acxiom) April 13, 2018

#Acxiom CEO Scott Howe: Five key principles for data accountability and governance our nation’s policy makers should consider. https://t.co/2ccHDm0ows

— Acxiom (@Acxiom) April 23, 2018

The big money of online advertising https://t.co/VVIioudNJM

— Mornings with Maria (@MorningsMaria) April 26, 2018

Related on DomainMondo.com:

• News Review | Coming May 25, EU's GDPR, Are You Ready? ICANN Isn't

• News Review | ICANN's GDPR Train Wreck, A Day Late And A Dollar Short

• News Review | How Cloudflare Is Helping Protect Personal Data Online

• Hearing April 11: Facebook $FB Transparency and Use of Consumer Data

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Everybody Lies & Google Search Data Is Digital Truth Serum (video)

Google Is Digital Truth Serum

L2inc.com video above published on Nov 16, 2017: What do Google searches and Facebook posts reveal about the human psyche? Everybody Lies author Seth Stephens-Davidowitz delves into the internet's hidden truths in this special edition of Winners and Losers.

What others say about the book Everybody Lies:

“This book is about a whole new way of studying the mind . . . an unprecedented peek into people’s psyches . . . Time and again my preconceptions about my country and my species were turned upside-down by Stephens-Davidowitz’s discoveries . . . endlessly fascinating.” — Steven Pinker, author of The Better Angels of Our Nature

“Move over Freakonomics. Move over Moneyball. This brilliant book is the best demonstration yet of how big data plus cleverness can illuminate and then move the world. Read it and you’ll see life in a new way.” — Lawrence Summers, President Emeritus and Charles W. Eliot University Professor of Harvard University

“Everybody Lies relies on big data to rip the veneer of what we like to think of as our civilized selves. A book that is fascinating, shocking, sometimes horrifying, but above all, revealing.” — Tim Wu, author of The Attention Merchants

Auto-generated transcript of the video via YouTube.com:

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Splunk $SPLK Helping Companies Make Sense of Machine Data (video)

$SPLK shares UP 80.82% Feb 22, 2016 - Feb 21, 2017

How Splunk Helps Companies Make Sense of Machine Data:

Splunk President and CEO Douglas Merritt discusses revenues, cloud sales and the company’s focus on cybersecurity, with Caroline Hyde on “Bloomberg Technology,” February 9, 2017.

Splunk Inc. (NASDAQ: SPLK) is a U.S.-based multinational corporation headquartered in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated big data, via a web-style interface. In 2015, Splunk acquired Caspida, a cybersecurity startup, for $190 million, and also "sealed a cybersecurity alliance" with U.S. government security contractor Booz Allen Hamilton Inc. to offer combined cyberthreat detection and intelligence-analysis technology. In 2016, Google announced that its Google Cloud platform will integrate with Splunk to expand in areas like IT ops, security and compliance.

Principal domain: splunk.com

Splunk®, Splunk>®, Listen to Your Data®, The Engine for Machine Data®, Hunk®, Splunk Cloud™, Splunk Light™, SPL™ and Splunk MINT™ are trademarks and registered trademarks of Splunk Inc. in the United States and other countries.

Tweets by splunk


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What Happens in an Internet Minute in 2016 (infographic)

Courtesy of: Visual Capitalist

Courtesy of VisualCapitalist.com: Platforms such as the ones listed above are comparable in magnitude to other mega-sized companies, but without the intense capital expenditures, debt, or hard costs. That’s why Alphabet, Google’s parent company, can spend over a billion dollars each year on “moonshots.”

The full stats on what happens every internet minute:

• 701,389 logins on Facebook
• 69,444 hours watched on Netflix
• 150 million emails sent
• 1,389 Uber rides
• 527,760 photos shared on Snapchat
• 51,000 app downloads on Apple’s App Store
• $203,596 in sales on Amazon.com
• 120+ new Linkedin accounts
• 347,222 tweets on Twitter
• 28,194 new posts to Instagram
• 38,052 hours of music listened to on Spotify
• 1.04 million vine loops
• 2.4 million search queries on Google
• 972,222 Tinder swipes
• 2.78 million video views on Youtube
• 20.8 million messages on WhatsApp

This volume of data, or information, is part of the reason that these same companies are prioritizing the ability to process and interpret big data more than ever before.


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Big Data in Investing, Point 72's Doug Haynes (video)

Big Data in Investing: Point72 Asset Management President Doug Haynes discusses the role of big data in the investment process. Source: Wall Street Week, Episode 27, October 25, 2015.

Domain Names:

• point72.com
• wallstreetweek.com

Full Episode below:


Wall Street Week Episode 27 features Point72 (formerly SAC Capital) President Doug Haynes with Neuberger Berman Managing Director Holly Newman Kroft and Crispin Capital Founder Michael Cahill. Published on Oct 25, 2015.

Episode Feature: The role of Big Data in the investment process | Wall Street Week:

• "Big data has largely become a marketing buzz word for tech companies, but generally the term describes the capture and analysis of large sets of information. Technology has not only increased the amount of data available for consumption, but also improved our ability to store and distill it."
• "Traditional investment managers have relied on quarterly earnings reports to analyze business trends, analysts now have avenues to process information on a more granular level. One example Haynes highlighted is the ability to look at real-time flow of transactional data from retailers rather than relying on infrequently reported metrics. This type of information can give the manager valuable insights into not only transaction volume, but also things like where and when sales take place and the demographics of purchasers."
• "Twitter, because of its concise and rudimentary nature, has also become a popular spigot of data into which financial engineers plug for sentiment-related insights. In fact, this week a company called Markit Prophet revealed it is in discussions to create an ETF that holds the 25 most-tweeted-about stocks, reconstituted quarterly but rebalanced daily."
• "An even more progressive use of big data has is what Haynes calls anticipatory insight. The more Wall Street firms invest in big data analytics, the more efficiently the market prices reflect those inputs. The Holy Grail in terms of generating alpha is being a step ahead of the market."

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The Future Infrastructure of the Internet of Things, IoT, Symposium (video)

The Marconi Society Symposium: The Future Infrastructure of the Internet of Things (IoT), Tuesday, October 20 2015, Royal Society, 6-9 Carlton House Terrace, London SW1Y 5AG, 8:45am -5:15pm, which is 3:45am - 12:15pm EDT (US): 



All times shown are London local time (BST):
8:45 – 10:45 AM Infrastructure Requirements and Network Approaches
Session Chair: Professor Sir David Payne, Director, Optoelectronics Research Centre, University of Southampton. Chairman, Marconi Society
8:45 – 9:25 AM Infrastructure Requirements: Peter Kirstein, UCL
9:25 AM – 10:45 AM Future Network Approaches – Panel Discussion
Panel Chair, Vint Cerf, Google; Marconi Fellow
Mingxi Fan, VP Engineering, Qualcomm
Sami Susiaho, Sky
Thibaut Kleiner, Director of IoT-CEC
Andy Reid, British Telecom

10:45 – 11:15 AM Coffee Break
11:15 – 12:45 PM Identifiers, Interoperability, Big Data
Session Chair: Peter Kirstein, UCL; 2015 Marconi Fellow
11:15 AM Digital Objects and IoT: Robert Kahn, CNRI; Marconi Fellow
11:55 AM Big Data and IoT: Prof. Dame Wendy Hall, University of Southampton

12.30 – 1:45 PM Lunch
12:30 – 1:45 PM Marconi Society Paul Baran Young Scholars Poster Session
1:45 – 3:00 PM Security, Privacy, and the Civil Society
1:45 Introduction: Vint Cerf
2:00 Panel Chair, Jane Holl Lute, Cybersecurity Council
Ross Anderson, Cambridge University
Antonio Skarmeta, Murcia University
Rob Van Kranenburg, IoT Council
2:30 Panel Q & A

3:00 – 3:30 PM Afternoon Tea Break
3:30 – 5:00 PM Large Scale Pilot Projects
Panel Chair: Robert Kahn Marconi Fellow
Jun Murai, Keio University/WIDE
Luis Muñoz, Smart Santander/University of Cantabria
Chris Greer, NIST
5:00 – 5:15 PM Summary/Wrap-up – Vint Cerf

The Future Infrastructure of the Internet of Things: (Press Release) "2015 Marconi Prize Winner Peter Kirstein will give the keynote in the 2015 Marconi Society Symposium on October 20th, 2015 at the Royal Society. He’ll be joined by top technology experts from across the globe to discuss the latest issues around “The Future Infrastructure of the Internet of Things.” The event honors Kirstein, often referred to as “the father of the European Internet”, whose tireless advocacy and pioneering technical contributions helped bring the Internet not only to Europe but to India and Asia. Among the speakers will be such luminaries as Prof. Dame Wendy Hall, Managing Director of the Web Science Trust; Cambridge Professor Ross Anderson, an international expert in cyber security; Robert Kahn, co-inventor of the TCP/IP protocol and Chairman/CEO of CNRI; Thibaut Kleiner, Director IoT-CEC; Prof. Jun Murai, an expert in global computer networking at Japan’s Keio University and President of the WIDE Internet project; and Vint Cerf, co-inventor of TCP/IP protocol and vice president of Google ...."


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NetApp, Cloud, Sports, Big Data Management (video)

Big Data Management in Sports: The Race Is On

NetApp Global Cloud CTO Val Bercovici discusses technology's increasing role in sports, his company's partnership with F1 racing and the benefits of all this data. He speaks to Bloomberg's Angie Lau on "First Up" September 1, 2015.

Domain name: netapp.com


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Zeta Interactive, How Big Data Is Changing Advertising (video)

How Big Data (Data Analytics) Is Changing Advertising - John Sculley, co-founder of Zeta Interactive, and David Steinberg, CEO, discuss how the company is using big data to take on IBM, Oracle, Salesforce.com, Marketo. They speak with Bloomberg's Emily Chang on "Bloomberg West." Activate founder Michael Wolf also comments. (June 24, 2015)

Domain names of companies referenced:

• zetainteractive.com
• activate.com
• ibm.com
• oracle.com
• salesforce.com
• marketo.com

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Branding in the Age of You (video)

FFWD 2015 - Interbrand Canada Session from Interbrand on Vimeo.
Josh Feldmeth, Interbrand's CEO of North America, discusses branding in the Age of You.

domain name: interbrand.com

• Big Data meets Internet of Anything
• mecosystem
• Internet of Things (IoT)
• Data liquidity
• boundary-less world
• 7 billion brands
• most disruption will come from software

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