We delve further into the world of data and the integrity of information with Adaptive Management CEO, Brad Schneider (no relation). More data is often better because you can look for agreement among the data and the difference observations that diverse data provide. This can help cancel out some of the bias that can affect an individual data source. All three of us speculate about how choosing a restaurant based on reviews might involve data analysis and thinking about what question is relevant (no statement or viewpoint about any restaurant review provider is intended). The granularity of data matters too, as more granular data can illuminate more granular insights. Listen in to our thoughts at the end after Brad took off.
Since we recorded with Brad, Adaptive was acquired by Knoema, a knowledge management company. Brad has started NoMad Data, which focuses on helping investment firms and corporations find and use novel sources of data to improve their visibility and efficiency.
Visit afdfintech.com for more information. You can follow us on Twitter at @AfDfintech.