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
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 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

Structural holes, or “Why is Enterprise 2.0 a good idea?”
Data Mining Blog: Neural Market Trends
Information overload and innovation
The State of Analytics Across Asia
Dave Wells’ prescription for the incurious

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

business recovering from data loss
How Data-Driven Businesses Protect MySQL Databases from Shutdown
Big Data Exclusive
ai driven task management
Reducing “Work About Work” with AI Task Managers
Artificial Intelligence Exclusive
data center uptime
Why Rodent-Resistant Conduits Are Critical for Data Center Uptime
Big Data Data Management Exclusive Risk Management
big data and AI
The Intersection of Big Data and AI in Project Management
Artificial Intelligence Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Image
AnalyticsBusiness IntelligenceData ManagementData MiningData QualityDecision ManagementSocial DataWorkforce Data

Why Business Needs Public Data

11 Min Read

Tips for Starting Your Dashboard Layout

7 Min Read
image fx (60)
Big DataBusiness IntelligenceExclusive

How Finance & BI Teams Choose Accounting Software

10 Min Read
AI tools
Artificial Intelligence

Clever Ways to Use AI to Simplify Pokémon Go Spoofing

8 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 is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

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

Sign in to your account

Username or Email Address
Password

Lost your password?