How to Use Big Data for a Good Cause

By Karen A. Frenkel  |  Posted 05-15-2015 Email

News of fraud and data breaches can shake confidence and cause legitimate concerns, but not all data stories have a foreboding end. Experian DataLabs wants to call attention to the good that data can do. To that end, it has launched its Data For Good Initiative, which reflects the company's belief that big data and insights derived from it are good for the economy, people and society. Chief Scientist of Experian DataLabs Shanji Xiong shares his tips for how to use big data to do good. Xiong grew up in communist China where his experience with censorship inspired his lifelong quest for information and passion for working with data. "Almost all books and movies were banned because they were not considered appropriate for the younger generation to become revolutionaries," he said, "I had a habit for reading. I was really hungry to get my hands on books. Whatever book I could get. It's unimaginable in today's world the lack of information and the natural hunger of people to try to get their hands on whatever work has been done to learn and satisfy their curiosity and internal desire for reading." Here are his suggestions for building an analytics team that analyzes data carefully and intelligently.

Karen A. Frenkel writes about technology and innovation and lives in New York City.


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