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Customer intent is a treasure trove of actionable data hiding in plain sight

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According to IDC analysts, businesses were estimated to have spent $215 billion in 2021 on big data and business analytics solutions, a 10% increase over 2020. At the same time, data models for understanding customer intent and other insights are not infallible; even data-driven companies are a constant work in progress.

Data 29
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Pettis on Strains in China's Banking System; Avoiding the Fall

MishTalk

All the various measures of inflation have dropped this year, with Monday’s data showing that the producer-price index dropped 2.7% While the benchmark deposit rate was officially lowered from 3.00% to 2.75%, the upper limit that banks can pay for deposits remained unchanged at 3.30%. Consumer prices rose 1.4%, even lower than the 1.6%

Banking 71
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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

In the language of networks, the value of the platform provider is not in creating the nodes (whether people, things, or data) but in fostering the connections between the nodes. For most companies intellectual property is something that sits on their balance sheet. Both have the feature of displaying traffic congestion.

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Your Company Needs a More-Radical Board of Directors

Harvard Business

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. I’m not against benchmarking and norming. Most boards would benefit from richer data sets that compare their company to others.

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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Given there shouldn''t be a Fed in the first place, it would be more accurate to state " Yellen and Summers are uniquely unqualified for the job ". Here we are. The broad U.S.