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Cut the nonsense: Peter Fader says a flood of consumer data collected from mobile devices may not help marketers as much as they think.

Few ideas hold more sway among entrepreneurs and investors these days than "Big Data." The idea is that we are now collecting so much information about people from their online behavior and, especially, through their mobile phones that we can make increasingly specific predictions about how they will behave and what they will buy.

But are those assumptions really true? One doubter is Peter Fader, codirector of the Wharton Customer Analytics Initiative at the University of Pennsylvania, where he is also a professor of marketing. Fader shared some of his concerns in an interview with reporter Lee Gomes.

To read the full, original article click on this link: Is There Big Money in Big Data? - Technology Review