Summary
Big data has become big business as improvements in computer memory storage have made it possible to keep and analyse digital data on a scale previously unknown. Evan Davis and guests discuss how the ability to store information about us has created new industries and transformed others.
Presenter: Evan Davis
Guests: Dave Coplin, Chief Envisioning Officer and Director of Search, Microsoft UK; Konrad Feldman, CEO Quantcast; Lawrence Jones, Founder UK Fast.
Transcript
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| 0:00.0 | Thank you for downloading this program from the BBC. |
| 0:03.2 | In this edition of The Bottom Line, Evan Davis and guests discuss the money-making business of Big Data. |
| 0:10.8 | Hello and welcome to the programme. |
| 0:13.2 | Now, data is not a topic that usually excites many people, but something rather dramatic is occurring at the moment. |
| 0:19.4 | Data is suddenly happening and the scientists who can master it are the new rock stars of the corporate world. |
| 0:26.9 | The amount of digital data being created stored and processed is growing at a mind-boggling pace |
| 0:32.1 | and it's possible to argue that it's changing or will change almost every business sector in the world. |
| 0:38.2 | The phrase big data has been coined to describe it, and it is our topic today. |
| 0:44.6 | Well, we'll take a few minutes to meet each of my three guests. |
| 0:48.8 | And first, someone who creates data and uses it. |
| 0:51.0 | Conrad Feldman is co-founder and chief executive of Quantcast, which is a digital |
| 0:55.8 | advertising company in San Francisco. And Conrad, we're going to hear much more detail about what your |
| 1:01.1 | company does later in the program. But just to be clear, digital advertising, you're not creating |
| 1:07.5 | the ads in the way that an advertising agency might. What do you do? |
| 1:11.8 | So we help the brands that have the ads get those ads in front of the right people, |
| 1:16.4 | people that will find that advertising relevant so they can influence their behavior |
| 1:19.9 | and hopefully make advertising a better experience for all consumers. |
| 1:23.2 | Right. So we get the right ad and we're not wastefully bombarded with the privacy that we don't want. |
| 1:27.5 | Okay. Also with me, on this time on the storage side, Lawrence Jones, founder and chief executive |
| 1:33.2 | of UK Fast. Lawrence, you're a web hosting and data storage company. |
| 1:38.1 | Yeah. |
| 1:38.5 | You're based in Manchester. |
... |
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