Corporate Governance of Big Data: Perspectives on Value, Risk, and Cost

Abstract:

Prof Paul Tallon

Prof Paul Tallon

Finding data governance practices that maintain a balance between value creation and risk exposure is the new organizational imperative for unlocking competitive advantage and maximizing value from the application of big data. The first Web extra at http://youtu.be/B2RlkoNjrzA is a video in which author Paul Tallon expands on his article "Corporate Governance of Big Data: Perspectives on Value, Risk, and Cost" and discusses how finding data governance practices that maintain a balance between value creation and risk exposure is the new organizational imperative for unlocking competitive advantage and maximizing value from the application of big data. The second Web extra at http://youtu.be/g0RFa4swaf4 is a video in which author Paul Tallon discusses the supplementary material to his article "Corporate Governance of Big Data: Perspectives on Value, Risk, and Cost" and how projection models can help individuals responsible for data handling plan for and understand big data storage issues.

Citation: Paul Tallon, Computer (Volume: 46, Issue: 6, June 2013), pp. 32 - 38, Date of Publication: 23 May 2013, DOI: 10.1109/MC.2013.155.

Gary Retherford - the Microchip Implant Consultant

When I saw the product that they had I became fascinated with it. Even more fascinated when I realised after, I guess, maybe through the Google searches that I had done, and I came across Verichip – and so many hits associated with some of the evangelicals slants in the market … and I think that kind of intrigued me, because I’m thinking: “Wow, where’s this coming from?” So I actually had reached out to Verichip to find out about their asset tracking and simultaneously was going to ask about their implantable microchip product for access control because I was in the access control business. Interesting enough though, at the very same time and I’m talking almost down to the minute, I was getting ready to have lunch with the owner of the company called Citywatcher and I reached out to them because they were offering this service of doing video surveillance on servers and they were doing some work in the city of Cincinnati. So as I literally had my phone in my left hand getting ready to introduce myself to a contact at Verichip, I was reaching out with my right hand to shake the hand of the president and little did I know at that point that roughly a year later, what was going to eventually end up happening. So then I began talking to Verichip. We talked about their asset tracking component for the art, but I also started to ask them about their access control system and when I was beginning talking to them and their sales people/person that they had in charge, I realised that they had a little bit of a flaw, in my opinion, in the way they were trying to market their product. What they were trying to do was create a whole access control system and sell it as an entire system and I said, “Well, I have a suggestion for you. My suggestion is that in doing that you just take the reader and they can integrate with everybody else’s access control.

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