Posts Under: Data

BIMS Preview: Peter Goldstone on Revenue Mix Versus Recurring Revenue

Business-to-business information companies are scrambling to expand their revenue mix and reduce their vulnerability of being overly dependent on any one revenue stream. But when everyone has an events business, a marketing services business and fledgling paid content and data business, is recurring revenue emerging as the real king of valuations?

more

The Constitution Has a Role in Informational Privacy Legislation

The General Data Protection Regulation is designed to support the individual’s interest in informational privacy, which the EU recognizes as a fundamental right.  Under that law, the collection, use and transfer of personal information is prohibited unless done with consent of the individual.  It has a de minimis legitimating role for social or business purposes but generally, if the individual revokes consent, processing of information must stop and often the information itself must be deleted. The US works from a different paradigm.  We certainly value privacy as necessary and valuable to ensure both personal dignity and a free and functioning society.  But we focus privacy laws on the prevention and remediation of harm, not on consent.  United States privacy law grew out of the common-law privacy torts: defamation, intrusion on seclusion, disclosure of private facts, false light and the right of publicity.  Thus, for example, the tort of disclo ...

more

General Data Protection Regulation (GDPR) Entry-Into-Force: Ten Suggestions From SIIA

Tomorrow is May 25 and therefore the entry-into-force of the GDPR.  The European Commission views the GDPR as one of its significant Digital Single Market (DSM) achievements.  The Commission estimates that the DSM could add Euros 415 billion a year to EU GDP and add hundreds of thousands of jobs (see also this document on the economic impact of the DSM).  There is no Commission calculation on what contribution the GDPR would make to this overall DSM estimate (it does say that GDPR will save business some money – see below), but the Commission argues that the GDPR will enhance trust in the digital economy and therefore promote the expansion of Europe’s digital economy. As somebody who has spent a significant portion of the last year on counselling member companies on the GDPR, the immediate compliance burden looms larger than the possible innovation opportunity.  Nonetheless, there is still scope for European regulators and policymakers to interpret an ...

more

“What’s This New European Privacy Law About?”: Demystifying the General Data Protection Regulation (GDPR)

With just over a week until the European Union’s (EU) General Data Protection Regulation (GDPR) goes into effect, companies around the world are coming into compliance with the far-reaching law. Inboxes everywhere have been overflowing with consent notifications over the past few months. If you’re just getting started on GDPR or generally curious, here is a brief overview of the GDPR. Disclaimer – GDPR is broadly written and is context-specific. If your company is in need of compliance help, consider engaging with an outside firm to address your compliance needs.

more

SIIA TechChats | Clayton Whitfield, Co-Founder & Chief Customer Officer, SaaSOptics

SIIA’s Executive Spotlight Series provides a look into some of the most successful executives in our industry. Hear how many of them got to where they are today, what is shaping their businesses and the industry today, and special advice they would give to others trying to grow a successful company.

more

Hal Varian Talks Data and Competition

Twenty years ago, Hal Varian and Carl Shapiro published what has become the classic introduction to network economics.  Called Information Rules it described and illustrated key economic concepts like network effects, positive feedback loops, standards wars, market tipping points and switching costs, using examples that are now so dated that would not be recognizable to today’s digital natives.  But the text drilled into a generation of entrepreneurs and policymakers the importance of understanding the basic economics of network industries before starting a network business or trying to throw a regulatory net around a network industry.   Today Hal Varian works as Google’s chief economist. In his personal capacity he delivered a crash course on AI and data to the U.S. Chamber of Commerce’s TecGlobal 2018 meeting on April 4. He illustrated the familiar advances in machine learning through pattern recognition in voice and images, noting that it was t ...

more

The General Data Protection Regulation (GDPR): Reasonable Implementation Key Now

Today, the Atlantic Council hosted an interesting panel discussion entitled: “Protectionism, Data Privacy, and the Transatlantic Partnership.”  European Commission Digital Affairs Counselor Peter Fatelnig, Atlantic Counsel Distinguished Fellow Fran Burwell, and the U.S. Chamber’s Senior Manager for Digital Affairs Kara Sutton provided a lot of substance and perspective on what is happening in the run-up to the GDPR’s May 25, 2018 entry-into-force.    Appropriately, although the event name started with “protectionism,” nobody discussed the GDPR in those terms.  That is because whatever one’s views are on whether the Regulation really will promote digital innovation in Europe, the GDPR per se is not a protectionist Regulation.  Besides, the train has left the station.  Companies around the world, including SIIA and its member companies, are racing to comply with the GDPR.  Currently, I spend about a quarter o ...

more