Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: How a Decision Management System Would Make It Easier to Watch the Olympics!
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > How a Decision Management System Would Make It Easier to Watch the Olympics!
Business Intelligence

How a Decision Management System Would Make It Easier to Watch the Olympics!

JamesTaylor
JamesTaylor
4 Min Read
SHARE

On the occasion of the Olympic Games opening ceremony I thought I would share one of my pet peeves about this and other sporting events – I can’t watch them. Now this is not because they are too commercial or because the human interest stories make me cringe (though they do, often) but because the games are not streamed over the internet. NBC says it does but when you actually try and watch it you have to have a Cable or Satellite TV subscription, which I don’t. In other words, if you COULD watch this on your TV then you can also watch it streamed.

On the occasion of the Olympic Games opening ceremony I thought I would share one of my pet peeves about this and other sporting events – I can’t watch them. Now this is not because they are too commercial or because the human interest stories make me cringe (though they do, often) but because the games are not streamed over the internet. NBC says it does but when you actually try and watch it you have to have a Cable or Satellite TV subscription, which I don’t. In other words, if you COULD watch this on your TV then you can also watch it streamed.

You would think that anyone funding the huge payment they made to the IOC with advertising would be keen to get the maximum number of viewers possible. So why do they not allow me to watch the streaming version and so add me to the number of viewers and thus boost their ad revenue? My theory is that it is all about revenue sharing – if I am watching it streaming they have to strike some kind of deal with the cable company I would otherwise be watching with. A relatively small number of “lumpy” or macro revenue sharing decisions

I believe this could be fixed with a Decision Management System focused on the micro decisions “how much did we earn from this streaming session” and “how do we share the revenue for this session”. With a system focused on using the contract rules to determine both the value of a specific session and the allocation of this revenue it would be possible to allow anyone to watch streaming at any time and then figure out, at a micro level, who to charge and how much. If there was any uncertainty then they could probably use analytics to resolve it, predicting if you were at work or at home for instance. By focusing on these micro decisions they could then aggregate up very specific revenue sharing results rather than trying to handle it top-down.

More Read

A Decade of Research at Ventana Research
How are Predictive Analytics related to Performance?
5 Step Process For Insightful Data Driven Business Decision Making
Why Business Intelligence and Design Theory Must Merge
Business Objects Auditing in XIR3

The point here is not to rant about Olympic TV coverage but to give an example – by focusing on specific decisions about individual customers you can sometimes change the game (or games). I hope those of you with the right kind of subscription enjoy the games.


Copyright © 2012 http://jtonedm.com James Taylor

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

intersection of data and patient care
How Healthcare Careers Are Expanding at the Intersection of Data and Patient Care
Big Data Exclusive
dedicated servers for ai businesses
5 Reasons AI-Driven Business Need Dedicated Servers
Artificial Intelligence Exclusive News
data analytics for pharmacy trends
How Data Analytics Is Tracking Trends in the Pharmacy Industry
Analytics Big Data Exclusive
ai call centers
Using Generative AI Call Center Solutions to Improve Agent Productivity
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

AI digital calendars
Artificial Intelligence

AI Boosts Business Productivity with Open Source Calendars

13 Min Read

As RFID (radio frequency identity tagging) expands into more…

1 Min Read
ai software failure
Artificial Intelligence

Why Do AI Startups Have High Failure Rates?

13 Min Read
Image
Business Intelligence

BI Continues to Offer Major Benefits to Health Care

3 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?