Nate Silver Deconstructs the Big Data Hype

Nate Silver is easily one of the foremost data journalists in the world. He first gained national attention during the 2008 presidential election when he correctly predicted the results of the primaries and the presidential winner in 49 states. Four years later, in 2012, he reached 100% accuracy, correctly predicting the outcomes in all 50 states. 

His site, FiveThirtyEight, is a dedication to data journalism and data visualization, and has grown immensely due to press (Silver has written for ESPN, Sports Illustrated, Slate, New York Sun, The New York Times and his work has been picked up in The New York Times, Newsweek, The Huffington Post and Vanity Fair), as well as the social media virality that comes with well-visualized data reporting. 

His work is what many believe, including us here at Umbel, to be the future of our professional spheres: data-driven publications, decisions and, when done well, ROI. 

This morning at Bazaarvoice’s 2014 summit, Silver held a keynote presentation on the powerful predictions capable through data analytics. After all, there is nothing more powerful than the correct prediction of the next president-elect. Several Umbel employees had the opportunity to sit in on the speech and, we’ve rounded up his best tidbits as recited within the Twitterverse. 

Because when it comes to big data, none of us are living in a bubble. Let Silver’s words of wisdom help deconstruct the hype and rebuild the path to consistent and accurate data-driven decision making.

Words of Wisdom from Nate Silver