How the Panama Papers Show Publishers the Value of Big Data

How the Panama Papers Show Publishers the Value of Big Data

How the Panama Papers Show Publishers the Value of Big Data

Expert publishing blog opinions are solely those of the blogger and not necessarily endorsed by DBW.

The release of the Panama Papers earlier this year unveiled a global conspiracy of tax evasion and money laundering by some of the world’s most powerful politicians, officials and businesses. Just a month ago, new revelations showed that corrupt officials across Africa have used shell companies to hide profits from the sale of natural resources and the bribes paid to gain access to them.

These are just a few outcomes from data mining of the more than 11 million files that were leaked from the Panamanian law firm at the heart of the controversy.

While these leaked documents continue to rock the world both politically and legally, they should also serve as a stark reminder of the hidden value sitting locked in large amounts of unstructured data, such as notes, documents and emails.

In recent years, we’ve seen businesses in many industries solve the puzzle of big data and begin to extract the insights that can accelerate innovation and grow revenue. Healthcare, finance and retail are three that immediately come to mind that are at the forefront of using big data. But that is only the beginning.

Read Also:
Implementing a multiple open source database strategy in the cloud

Consider this: 90 percent of the world’s data only came into existence in the last two years. With more of our lives moving online and into the cloud, this remarkable growth of data will only accelerate, offering enormous possibilities to the businesses that can navigate these massive data collections.

The Panama Papers are a roadmap.

 



Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
Unlocking the power of data in sales

AI Paris

6
Jun
2017
AI Paris

20% off with code AIP17-7WDATA-20

Read Also:
How is Big Data Changing the World?

Customer Analytics Innovation Summit Chicago

7
Jun
2017
Customer Analytics Innovation Summit Chicago

$200 off with code DATA200

Read Also:
5 Steps to Get Big Analytics for a Small Price Tag

Chief Data Officer Summit San Francisco

7
Jun
2017
Chief Data Officer Summit San Francisco

$200 off with code DATA200

Read Also:
4 big reasons why healthcare needs data science

HR & Workforce Analytics Innovation Summit 2017 London

12
Jun
2017
HR & Workforce Analytics Innovation Summit 2017 London

$200 off with code DATA200

Read Also:
How to build a smart city using mobile technology and IoT
Read Also:
Big Data: The Key to Big and Successful Marketing

Leave a Reply

Your email address will not be published. Required fields are marked *