Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

How Can Twitter Inc (TWTR) Data Make Businesses Take Quicker/Better Business Decisions?

Twitter Inc (NYSE:TWTR) has recently revealed through Nielsen data that it could influence the TV ratings. But, Twitter Inc (NYSE:TWTR) also claims that the data provided by them can help businesses as well for taking some critical business decisions quickly and to get people opinion about the products, etc. Twitter Inc (NYSE:TWTR)’s VP for Data Strategy, Chris Moody talked from Munich on Bloomberg TV about how they can influence business decisions with data mining and how they can help brands in delivering their messages to customers.

Twitter, is Twitter a good stock to buy, censorship, national security, Turkey,

Moody said that they are emphasizing on the role of data in businesses for making smarter business decisions. He feels that Twitter Inc (NYSE:TWTR) has ability to make every business decisions smarter, because he thinks that they can help you understand what the world and people is thinking about the concerned topic at any point in time. He questioned why any business wouldn’t want that insight into the markets and people.

Moody said that they could provide the hyper real time data to the business if requested and help them with the necessary information. He added that they can also provide historical data as well to get the behavioral trends.

“We deliver stuff with sub 1 second latency. So hyper real time. But also we provide the full historical corpus of all tweets from all time, which becomes critical for lots of different cases, where companies need to go back and study the past and what happened around the series of events in order to make better decisions in the future. So historical data serves as a great kind of back testing for the future decision making,” Moody said.

Moody said that Twitter Inc (NYSE:TWTR) has customers over 42 countries to use the data from them to make business critical decisions. He mentioned that a lot of innovation is going on in various countries based on the need in those places. He added that main focus area in US has been the customer service and more companies are interested in using the data to improve the customer service across the country.

Since, Twitter Inc (NYSE:TWTR) is a public forum, privacy is always a concern. Recently ISIS claimed that they hacked the Centcom Twitter account and posted. He said that password protection awareness and emphasis has to come from the user first.

He said that Twitter Inc (NYSE:TWTR)’s main emphasis is to embed the platform into a workflow like supply chain and use it to make a much improved supply chain workflow. He added that there are around 6000 tweets every second. He said that they help in mining the contents available with them and make some useful information for the customers.

Disclosure: None

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.