[projectvrm] BestBuyNew.com.au - Automotive Reverse Auctions

[eaon pritchard < >]

Something on-trend from down here in Australia, on the retail side of things.

'BestBuyNew takes all the work and awkwardness out of driving a really hard bargain for your brand new car, motorbike or jet ski.
Our reverse auction system contacts every official dealer in your state and invites them to bid for your business.'

https://www.bestbuynew.com.au

 

Eaon Pritchard

+61 0 435 964 079
skype: eaonpritchard

http://about.me/eaonpritchard
http://eaonpritchard.blogspot.com

 

 

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From: " " < >
To: ; ;
Cc:
Sent: Monday, 7 November 2011 9:55 AM
Subject: Re: [projectvrm] UK gov launches "midata" data giveback program

Absolutely.

Interestingly, the midata project in the UK is being run by the Department of Business as part of an economic growth strategy as well as a consumer empowerment strategy. The argument is that midata - along with other forms and sources of personal data - are really only the raw ingredients of new personal information (i.e. VRM) services, which are needed to extract value for individuals from the data.

The value doesn't lie so much in the raw data itself; the value is only created when individuals can (in the words of the press release) "use this data to gain insights into their own behavour, make more informed choices about products and services, and manage their lives more efficiently".

midata is thus (continuing from the press release) "a platform upon which the innovation and services that drive growth can be built".

Alan

-----Original Message-----
From: Brian Behlendorf < >
To: Drummond Reed < >; Markus Sabadello < >
CC: ProjectVRM list < >
Sent: Sun, 6 Nov 2011 19:18
Subject: Re: [projectvrm] UK gov launches "midata" data giveback program

I suspect that the first stage of midata will result in data dumps from companies without much metadata. Your Tesco data dump, for instance, is likely to look very much like a compilation of all your receipts from the Tesco cash register. A glance at a typical receipt these days will show a ton of fairly inscrutable terms and numbers, from which you might clearly make out the total and date of transaction, but might struggle to figure out what it was that you actually bought. I suspect a secondary set of services will evolve... will need to evolve... that help parse all that into something more semantically meaningful. That parse algorithm should be common property, a la wikipedia, so that they can be more quickly built and continually tuned, and so post-parse data could be shared between PDS's. Perhaps this is a useful project for the Customer Commons.

Brian