Dr. Charles Stryker shared his insights on the state of the information industry with senior leadership of Copyright Clearance Center
Sarasota, FL – February 4, 2015 –Dr. Stryker, Founder and CEO of The Venture Development Center LLC, spoke about the history, current and future state of the information industry with the senior leadership team, and board of directors of the Copyright Clearance Center.
Dr. Stryker discussed “…how we are at a moment in time where ‘Big Data’ will change virtually everything in our personal and professional lives. How we deal with health and wellness. How we choose careers. How we choose partners. How we travel. How we invest. How we find new customers. How we manage business risk. How we reduce crime.” Various types of Big Data were explored: Search, Social, Web mined, crowdsourcing and traditional transactional data. Also, Dr. Stryker provided a cursory glance on the history of Big Data. From its inception – 90% of the world’s data has been created in the last 2 years, to its explosion – today, 5 billion gigabytes of information is collected and stored every few hours. Dr. Stryker offered that the impact of Big Data on our lives will be similar in magnitude to the impact of the Internet.
The Copyright Clearance Center (CCC) offers rights licensing technology solutions that remove the complexity from copyright. A global rights broker for the world’s most sought after materials – such as in- and out-of-print books, journals, newspapers, magazines, movies, television shows, images, blogs and ebooks – CCC makes it easy for businesses and academic institutions to use copyright-protected materials while compensating publishers and content creators for their works.
The Venture Development Center, Inc. (VDC) is an advisory services firm that assists its clients in identifying, defining, and implementing breakthrough uses of Big Data. The VDC success story is based on the unique ability of the organization to identify new and powerful data assets from the Big Data ecosystem and then develop applications and information use cases that drive solid revenue results and transform existing business practices. The practice areas that characterize VDC projects include creating new products and revenue streams for data owners and bringing forth new information assets and strategies to educate and assist data users to adapt to the rapidly changing world of Big Data.