Planet4IT has been a successful IT staffing agency for 15 years. Recently we started to notice that the ever-changing technology landscape has spawned a subset of talented individuals who don’t fit perfectly into the traditional IT world. P4Capital is our response.
It’s a division aimed at people who specialize at the point where capital markets and wealth management intersect with technology.
Data is where all of these specialists interact, create, and work. Think of data as the meeting point of Digital and Capital.
In 1964, Marshall McLuhan coined the term global village.
The new electronic independence re-creates the world in the image of a global village.” — Marshall McLuhan
50 years later we are finally arriving at the point where it’s becoming a reality. It is technology that is enabling this, but if you stop and ask yourself why are we pursuing all these technological advances you will inevitably come to the conclusion that commerce is the driving force behind it.
Commercial society has always been the hallmark of North America, and with the fall of communism and the rise of democracy the rest of the world is pushing commercialism to a whole new level.
There is perhaps no better example of commerce than the traders of Capital around the world.
The major stock exchanges see more volume now than ever before, and those who can find advantages in investment can turn very serious profits.
Big data has provided those who can effectively understand it an advantage that rivals the speculation of films like Limitless.
I see every scenario, I see 50 scenarios, that’s what it does Carl – it puts me 50 moves ahead of you.
With big data and good analytics come many advantages in the capital markets trading game:
- The first is speed. Real time databases such as Hadoop allow for information to be processed at a rate unprecedented in human history. We’re talking millions of information indices being turned into relevant and useful information in nanoseconds.
- The second is depth. Algorithmic programmers now have access to a huge volume of data they can sift through and collect relevant information from. This has allowed traders to build significantly more accurate predictive models. Now we are living in a world where data processing gives competitive advantage.
- Thirdly and lastly for this post, is sales. The world of commerce doesn’t exist without the private funding of people who are willing to put their money in other people’s hands. The ability to maximize the amount entrusted is often an overlooked component of the trading game. Sales teams and traders work side by side in banks around the world. Big data analytics have given those sales teams ammunition to maximize their investment by building out customer profiles that predict who they should be contacting on any given day.
It’s easy to get distracted by the bright lights of the Digital world, but the reality is commerce is one of the biggest reasons these technological advances are useful to society.
Andrew is one of the newest members of Planet4IT, so he brings with him a fresh new perspective.
With one eye on the job market and the other on the IT world, he’s the man to go to for information on how the latest advancements in Data, Digital Marketing and Social Media are effecting business.
Andrew encourages you to reach out to him through not only telephone or email, but LinkedIn and Twitter as well