Late last week, SIIA hosted a lunch event “Re-Thinking Privacy in the Connected World” that focused on reevaluating popular understandings of the privacy cost/benefit analysis of data-driven innovation and the Internet of Things (IoT). So often discussion of these technologies and analytic methods demonize data collection as a risk to personal privacy and security. But our speakers gave us a more balanced understanding of the complex relationship between technology, data and privacy. They underscored that while there may be fundamental right to privacy, privacy is not monolithic, but based on a diverse and evolving set of expectations. And they rebutted the notions that enhancing privacy can be accomplished merely by limiting data collection, or that more data equals less privacy, which calls for more regulation.
Today’s guest post was contributed by Waterstone Management Group. Waterstone is a boutique management consulting firm that helps technology companies and investors create measurable value by identifying and capitalizing on disruptive growth opportunities and by driving excellence in Services, Cloud and Customer Success. Follow Waterstone on twitter @WaterstoneMG, or sign-up for their quarterly newsletter to receive visionary insight.