Mark Johnson, founder and CEO of Descartes Labs, discusses how tech companies build data refineries, criticizing Twitter's execution relative to its data potential.
“I think Twitter is a great example where it's not that they're not doing nothing, they're not doing, they're doing some things with the data, it's just they could do a lot more. I think it's one of the most valuable data sets on the planet, but one would think then Twitter ought to be one of the most valuable tech companies if that's the case. And it doesn't seem to me they've done that.”
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More from Mark Johnson
PredictionNot checkable as stated
Johnson: Every business will need a data refinery
“Every business is going to need a data refinery.”
Mark JohnsonMar 2, 2018▶ 0:53Every Business Will Need a Data Refinery // Mark Johnson, Descartes Labs (FirstMark's Data Driven)
PredictionNot checkable as stated
Johnson: Corporate data hoarding will diminish over the next decade
“So I think for right now most companies are going to keep their data incredibly proprietary. But I expect that to change maybe, maybe not in the next year, but certainly in the next five to 10 years.”
Mark JohnsonMar 2, 2018▶ 14:43Every Business Will Need a Data Refinery // Mark Johnson, Descartes Labs (FirstMark's Data Driven)
PredictionNot checkable as stated
Descartes Labs expects daily data ingestion to exceed 100 terabytes
“Now, recently we're putting a lot of proprietary data sets on the system also that's why we'll go from 15 terabytes a day this year to a lot more. Probably over, well over a hundred.”
Mark JohnsonMar 2, 2018▶ 15:59Every Business Will Need a Data Refinery // Mark Johnson, Descartes Labs (FirstMark's Data Driven)
Disclosure
Cargill is an investor and client of Descartes Labs
“And, you know, Cargill now is an investor and a client.”
Mark JohnsonMar 2, 2018▶ 11:36Every Business Will Need a Data Refinery // Mark Johnson, Descartes Labs (FirstMark's Data Driven)
Opinion
Johnson: Field-level yield is the most valuable dataset in agriculture
“When I think about the most valuable data sets you could possibly have for agriculture it's field level yield. That is, how many bushels per acre are coming out of this field?”
Mark JohnsonMar 2, 2018▶ 18:01Every Business Will Need a Data Refinery // Mark Johnson, Descartes Labs (FirstMark's Data Driven)
Disclosure
Space 2.0 startups are betting on commercial clients over government revenue
“If you look at the new crop of space two dot O companies, Descartes Labs, Planet, Spire companies like this, we're all betting on commercial.”
Mark JohnsonMar 2, 2018▶ 21:21Every Business Will Need a Data Refinery // Mark Johnson, Descartes Labs (FirstMark's Data Driven)
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