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Published on Friday, August 30, 2013

Storing and Analysing Data Hollywood Style

The storing and analysing of data to enhance performance isn’t just reserved for business. I recently watched the film 'Moneyball' about Oakland A's (an American baseball team) general manager Billy Beane's successful attempt to assemble a baseball team on the leanest of budgets to compete with the 'big boys'. I think this would be the equivalent of our much beloved Crystal Palace attaining a top-four finish this season (as some people in the office are dreaming of).

Billy Beane sets out losing his star players to the bigger teams and doesn't have the budget to replace them. During a meeting in which he unsuccessfully attempts to sign a player he by chance meets Peter Brand, a recent Yale grad who evaluates players using statistical analysis. Brand collects and stores every piece of data he can on potential players and through analysing this 'big data' Beane assembles a team of no name players who, on paper, can get on base and score runs. Now, I don't want to ruin the film for you (as it is well worth a watch) but this methodical approach to storing and analysing data sets meant that decision making bias was taken out of the equation and what follows is of course pure Hollywood.

While this may be a Hollywood tale that is "based on a true story" it is in fact what decision makers in business are utilising more and more to make smarter decisions based on reliable and large data sets. This is where Restore comes in. With your company's data building we can securely store and manage this for you, utilising our experience and expertise to help you at every stage of the process, all based around your company's requirements and needs. At Restore we take care of keeping your valuable data safe, and at the end of its life-cycle, securely destroyed whether it's on paper or computer ... but that's a tale for another day.

I would recommend giving the film a watch, whether you are a big data aficionado, a Crystal Palace fan looking for hope, or just wanting a good movie to watch... Although the Gooner fans in the office feel Arsene Wenger may benefit from embarking on a rather more indulgent spending strategy, so please do not share this movie with him.