Raymie Stata, former Yahoo CTO and founder of Altiscale, speaks at Data Driven NYC about applying web-scale system architecture to traditional industries.
Prediction Not checkable as stated
Stata predicts IT infrastructure will move to the cloud by 2026
“My personal view is, you know, 10 years from now, where it's going is clear, and I think that, when I started the company, companies like Bloomberg, for example, would say, no way, no how, we'll never do anything like, you know, like, you know, big data in the…”
Prediction Not checkable as stated
Stata predicts all companies will become internet companies
“I believe everybody, all companies are going to become internet companies.”
Insight
Stata: Perks like foosball and free food do not define internet companies
“What I do not mean is that, hey, install foosball tables, have free food, and growth will follow. That's not what defines an internet company, especially in this context.”
Insight
Stata: Sophisticated experimentation relies on ladders from cheap to definitive tests
“As you get more sophisticated at running experiments, what you do is you build these ladders of experiments, where at the bottom rungs of the ladder, the experiments are cheap you know, and, but the outcomes are a little bit more questionable. As you get to th…”
Insight
Production A/B testing at Yahoo and Facebook is a costly experiment
“If you think about A-B testing, that lives much more at the top of the ladder than at the bottom. You know, to actually get to the point where you're, If you're doing A-B testing in production at a large company like Yahoo or Facebook, you have to implement th…”
Insight
Stata: Enterprise transformation is social engineering, not technical engineering
“While that data infrastructure certainly is a bit of a blocker, right, to transforming your business, actually changing business processes is, is much harder, right? That's a social engineering exercise. It's not a technical engineering exercise, and those tak…”