Reuters defensive play: acquires StarMine

There?s a downside to it..: Maybe it?s a great way to get new data resources, but how accurate will it be? There?s no proper way to verify the accuracy and reliability of the data you acquire and that?s because you lack controll of the Source systems of the data.

Note: I write data, because information is an interpreted substract of data as Knowledge is an interpreted substract of information..

Then about the process:

They collect data, which they cannot controll; Store it into their databases; Transfer it into a Datawarehouse and created Cubes and reports based on the datawarehouse contents and sell those to their customers.

Which step should they remove? the first? If they do that, then they?ll find out very quickly, that "SH#T in" means "SH#T out"!

Another question that comes forth; Who is paying for information that?s not reliable and accurate?

On the bright side: I still have lot?s of work to do for a lot of customers, which by the way is testing the procedures for Management Information (both from a business and a technical perspective); Posted by: Arnout Groen Posted on: 08/21/07 You are currently: a Guest | Members login | Terms of Use