2. the capacity to gain an accurate and deep intuitive understanding insight immediate and clear understanding that takes place without recourse to overt trial-and-error behavior an understanding of relationships that sheds light on or helps solve a problem
8. even more social content public records shared firm content news and events benchmarking data market data in “the cloud” usage data inside the firm social content social content outside the firm usage data email documents and records time and billing articles and publications contacts and activities
9. even more social content public records other shared firm content news and events benchmarking data market data usage data social content your competition, and your clients, are watching…are you?
10. The “Information Value Chain” Data is entered or collected… then cleaned, classified, related to other data… to create, organize, integrate, and deliver information… that ultimately is applied to inform decisions. Source: “The value chain for information” @ http://liako.biz
11. Data is entered or collected… to create, organize, integrate, anddeliver information… then cleaned, classified, related to other data… that ultimately is applied to inform decisions.
12. There are technologies that can refine raw data into valuable information Email and Contacts Hubbard OneContactNet Contacts and relationships between people and businesses Court Filings and Legal Proceedings Hubbard OneMonitor Suite Competitive intelligence, legal activity trends, IP filings, deal information and case outcomes Documents and Emails Thomson ReutersCARE, KeyCite, etc Named entities, legal topics and practice categories, citations Any Web / Text / Files / Docs Thomson ReutersCalais Named entities, facts, events News and Social Media Manzama Sentiment, mentions and references
13. There are technologies that provide plumbing between all of your sources of data – automatically Court Filings and Legal Proceedings Thomson Reuters Content Email and Contacts Public Records Documents and Emails Competitive Intelligence Web / Text / Files / Docs Legal Research News and Social Media
14. There are technologies that simply speed up production and reduce costs I’m meeting with Client XYZ in 10 minutes! Client Financials Public Records Matter History Legal Activity Contacts and Activities Competitive Intelligence Documents, Records, etc. News and Events Here’s all we know about Client XYZ!
17. More than dashboards and reports…combine all sources of data to provide insight and analysis …but first need to solve fundamental challenges around data quality and completeness
18. Ultimately, data plus technology provides insight to people that want to make better decisions. But do they know what they are looking for? ?
19. “A shortage of the managerial talent necessary to make the most of big data is a significant and pressing challenge and one that companies and policy makers can begin to address in the near term… …the United States alone faces a shortage of 140,000 to 190,000 people with deep analytical skills as well 1.5 million managers and analysts to analyze big data and make decisions based on their findings.” Source: McKinsey Global Institute - May 2011 Big Data Executive Briefing