Homework

1. EvD Theorem #1: Data, By Itself, Provides Little Value. It isn't the data itself that's valuable; it's the trends, patterns, and relationships (insights) gleaned from the data about your customers, products, and operations that are valuable.

   

   EvD Theorem #2: Predictions, Not Data, Drive Value. It is the quantification of trends, patterns, and relationships that drive predictions about what is likely to happen.

   

   EvD Theorem #3: Predictions Drive Value Through Use Cases. Predictions drive monetization opportunities through improved (optimized) business and operational use cases.

   

   EvD Theorem #4: The Data Multiplier Effect is the Real Game-changer. The ability to reuse the same data sets across multiple use cases is the real economic game-changer.

   

   EvD Theorem #5: Predictions Enable "Do More with Less." Trying to optimize across a diverse set of objectives can yield more granular, higher...