Data and Analytics - eBook (EN)

The Data Flywheel: Building momentum by putting your data to work

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2 Gets the high elasticity, low latency, and real-time processing needed to power its live leaderboard and deliver customizable rider data to its community of virtual bike riders. Can now manage up to 8X more riders during peak times. Gains customer insights that power its shared-ride product. Leverages scalability to store GPS coordinates for all rides. Stores user profiles and serves up relevant ads through data, both growing from zero to hundreds of millions of active users in a short time. Uses data to personalize search and recommend results. Says that AWS is helping it to prepare for more growth. Data may be your most valuable business asset What do Airbnb, Lyft, Snapchat, Tinder, and Peloton all have in common? Apart from being successful startups founded in the last 5-10 years, all of these companies have built their businesses on the foundation of maximizing the value of data. In other words, they have figured out how to "put their data to work." And that's critical, because data has transformed from a cumbersome, expensive-to-store asset into a core component of many successful business models. Some have gone so far as to say that data has replaced oil as the world's most valuable resource. 1 Migrating to AWS drives results 2 1 https://www.economist.com/leaders/2017/05/06/the-worlds-most-valuable- resource-is-no-longer-oil-but-data INTRODUCTION

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