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“Big Data” for Media



                                                                  November 20, 2012



This presentation was prepared by SoundView Technology Group and is being provided to the Danish Media Association to promote discussion and provide information. All
information contained herein is freely shareable by the association as well as anyone participating in the workshop. Attribution is appreciated but not required.
Kris Tuttle


                       1979-1981
Related Work   Hardware, Programming

                       1981-1992
                Applied AI, CMU, IBM

                       1993-2004
               Equity Research, Banking,
                 Brokerage, Investing

                     2004-Present
                Advisor, Entrepreneur,
                Researcher, Publisher,
                     Programmer

                                           2
Eddie Obeng:
After Midnight   3
Eddie Obeng:
After Midnight   4
Eddie Obeng:
After Midnight   5
Discussion Points

        • Flyover of recent significant related events and developments

        • Unpacking “Big Data” and looking at the pieces

        • The intersection of big data and media:

               •     The obvious – advertising, targeting, conversions
               •     Data analysis = content?
               •     Content discovery, generation and ranking
               •     Hyper-personalization & attenuation

        • Wrap up and transition to Q&A




© SoundView Technology Group 2012                                         6
Flyover – Evolution of what’s News




                                     Source: Monday Note


© SoundView Technology Group 2012                          7
Flyover – Artist Control




                           8
Flyover – “Amateur” Content Development




The Kickstarter model is disrupting the way things are created,
produced and initially adopted.
                                                                  9
Flyover – Sourcing & Distribution




                                    10
Flyover – Sourcing & Distribution




                                    11
Flyover – Data Analysis as Content




                                     12
Flyover – Mobile




                   13
How Big Data Looks

                       Size                                 Speed

                                    Big Data Applications


           Smörgåsboard                                     Sloppy




© SoundView Technology Group 2012                                    14
Unpacking Big Data
    • Often not that big in terms of size often less than 1TB
    • There is real big data and it’s sometimes enormous ~20 PB/day
    • Tends to have additional special features:
           o Multiple sources – transactional, log files, databases, geospatial,
           o Semi or unstructured – clickstreams, html, sensor data
           o Shorter duration – seconds to days versus weeks to months
           o More flexible – sometimes scheme-less, and built for speed
    • Today the default technology for most projects is Hadoop
    • Some machine learning is becoming a common feature



© SoundView Technology Group 2012                                                  15
Tools are Immature




© SoundView Technology Group 2012                        16
New DB Technologies




© SoundView Technology Group 2012                  17
New Language Technology




© SoundView Technology Group 2012                18
Data for Targeting & Conversion




© SoundView Technology Group 2012                19
Data for Targeting & Conversion
  • Integrating geospatial data
    for local advertising

  • Intersecting social data with
    news and search for
    customization

  • Going beyond “A/B
    testing” and using real-time
    data analysis to improve
    content on the fly

  • Saved data opens the door
    to machine learning and
    better algorithms

© SoundView Technology Group 2012                20
Data Analysis as Content

    • Increased building of
      proprietary data and surveys
      – no brainer

    • In-house data scientists and
      coding capabilities will help

    • There are quite a few good
      text analysis and processing
      tools out there – NLTK,
      Python

    • NoSQL and Network DB
      tecnology can help


© SoundView Technology Group 2012                    21
Data-driven Editorial & Contributions




© SoundView Technology Group 2012              22
Using Data to Hyper-Personalize
     • The future of reader relationships is about more than content quality
       – readers will grow to expect highly personalized content

     • Managing, distributing and “learning” from collected data requires a
       much more sophisticated view of how content is represented, managed
       and distributed




© SoundView Technology Group 2012                                              23
Getting Started – Education




© SoundView Technology Group 2012   http://bigdatauniversity.com/   24
Getting Started – Data Sources




© SoundView Technology Group 2012              25
Getting Started – Vendors




© SoundView Technology Group 2012                   26
Getting Hygge with Big Data
     • We are still in the very early days of implementation – nothing is precluded

     • Appoint or hire a “data czar” - more than a point person, the one who can
       translate the technology into implementation opportunities

     • For each line of business map revenue growth and profit margins to variables
       that might be improved with more data and better analysis

     • In-house custom coding capability is a strategic advantage – data integration
       remains a big challenge

     • Start building some proprietary data – surveys, histories, aggregations

     • Are any ideas worth implementing in the local market? (Zite, HuffingPost,
       NYT/Nate Silver)

     • Experiment, experiment, experiment

© SoundView Technology Group 2012                                                      27
28
Kris Tuttle

kris@soundviewadvisory.com

   +1-617-934-1877 (US)
+33(0)6.7439.8593 (France)

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Big Data in Media

  • 1. “Big Data” for Media November 20, 2012 This presentation was prepared by SoundView Technology Group and is being provided to the Danish Media Association to promote discussion and provide information. All information contained herein is freely shareable by the association as well as anyone participating in the workshop. Attribution is appreciated but not required.
  • 2. Kris Tuttle 1979-1981 Related Work Hardware, Programming 1981-1992 Applied AI, CMU, IBM 1993-2004 Equity Research, Banking, Brokerage, Investing 2004-Present Advisor, Entrepreneur, Researcher, Publisher, Programmer 2
  • 6. Discussion Points • Flyover of recent significant related events and developments • Unpacking “Big Data” and looking at the pieces • The intersection of big data and media: • The obvious – advertising, targeting, conversions • Data analysis = content? • Content discovery, generation and ranking • Hyper-personalization & attenuation • Wrap up and transition to Q&A © SoundView Technology Group 2012 6
  • 7. Flyover – Evolution of what’s News Source: Monday Note © SoundView Technology Group 2012 7
  • 8. Flyover – Artist Control 8
  • 9. Flyover – “Amateur” Content Development The Kickstarter model is disrupting the way things are created, produced and initially adopted. 9
  • 10. Flyover – Sourcing & Distribution 10
  • 11. Flyover – Sourcing & Distribution 11
  • 12. Flyover – Data Analysis as Content 12
  • 14. How Big Data Looks Size Speed Big Data Applications Smörgåsboard Sloppy © SoundView Technology Group 2012 14
  • 15. Unpacking Big Data • Often not that big in terms of size often less than 1TB • There is real big data and it’s sometimes enormous ~20 PB/day • Tends to have additional special features: o Multiple sources – transactional, log files, databases, geospatial, o Semi or unstructured – clickstreams, html, sensor data o Shorter duration – seconds to days versus weeks to months o More flexible – sometimes scheme-less, and built for speed • Today the default technology for most projects is Hadoop • Some machine learning is becoming a common feature © SoundView Technology Group 2012 15
  • 16. Tools are Immature © SoundView Technology Group 2012 16
  • 17. New DB Technologies © SoundView Technology Group 2012 17
  • 18. New Language Technology © SoundView Technology Group 2012 18
  • 19. Data for Targeting & Conversion © SoundView Technology Group 2012 19
  • 20. Data for Targeting & Conversion • Integrating geospatial data for local advertising • Intersecting social data with news and search for customization • Going beyond “A/B testing” and using real-time data analysis to improve content on the fly • Saved data opens the door to machine learning and better algorithms © SoundView Technology Group 2012 20
  • 21. Data Analysis as Content • Increased building of proprietary data and surveys – no brainer • In-house data scientists and coding capabilities will help • There are quite a few good text analysis and processing tools out there – NLTK, Python • NoSQL and Network DB tecnology can help © SoundView Technology Group 2012 21
  • 22. Data-driven Editorial & Contributions © SoundView Technology Group 2012 22
  • 23. Using Data to Hyper-Personalize • The future of reader relationships is about more than content quality – readers will grow to expect highly personalized content • Managing, distributing and “learning” from collected data requires a much more sophisticated view of how content is represented, managed and distributed © SoundView Technology Group 2012 23
  • 24. Getting Started – Education © SoundView Technology Group 2012 http://bigdatauniversity.com/ 24
  • 25. Getting Started – Data Sources © SoundView Technology Group 2012 25
  • 26. Getting Started – Vendors © SoundView Technology Group 2012 26
  • 27. Getting Hygge with Big Data • We are still in the very early days of implementation – nothing is precluded • Appoint or hire a “data czar” - more than a point person, the one who can translate the technology into implementation opportunities • For each line of business map revenue growth and profit margins to variables that might be improved with more data and better analysis • In-house custom coding capability is a strategic advantage – data integration remains a big challenge • Start building some proprietary data – surveys, histories, aggregations • Are any ideas worth implementing in the local market? (Zite, HuffingPost, NYT/Nate Silver) • Experiment, experiment, experiment © SoundView Technology Group 2012 27
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  • 29. Kris Tuttle kris@soundviewadvisory.com +1-617-934-1877 (US) +33(0)6.7439.8593 (France)