Data, data, data

Last week, I was in California for NAFCU’s CEOs and Senior Executives Conference. It was a fantastic event, and I took a boat-load of notes.

One theme kept coming up again and again.

Data.

The future will belong to those who can gather, analyze and act upon data the best. Here are three tidbits from the week.

  1. One speaker, Mike Walsh, said the current crisis at Facebook over Cambridge Analytica doesn’t concern him. Future generations, he predicts, will look back and wonder what all the fuss was about. Society will increasingly understand that it is good to share data with companies because it will make the experience better.  People will look at data the same way they look at electricity. It is the stuff in the background that makes things work. 

 

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