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Derek Christensen liked Bill Schmarzo's blog post In Digital Transformation, Economies of Learning More Powerful than Economies of Scale
Bill Schmarzo's blog post was featuredUsing Data Science and Google Cloud to Win March Madness…Well, Not Really
I suck at the NCAA March Madness® bracket selection process. I let my personal biases get in the way of making decisions based upon the numbers. I over-rate the well-known Big Ten conference and under-rate the lesser-known Mid Majors and fall in love with the most recent team I saw on TV win their conference tournament. You see, I fall prey to all the common decision-making traps – recency bias, over-confidence, anchoring, risk aversion, framing – that doom my brackets from the very…See More
Dariya Lopukhina liked Bill Schmarzo's blog post In Digital Transformation, Economies of Learning More Powerful than Economies of Scale
Steven Paul Sanderson II liked Bill Schmarzo's blog post In Digital Transformation, Economies of Learning More Powerful than Economies of Scale
Bill Schmarzo's blog post was featuredWhy Tomorrow’s Leaders MUST Embrace the Economics of Digital Transformation
Why should companies care about Digital Transformation? Yes, I know it appears as yet another technology-drunk buzzword, but what about Digital Transformation should make it EVERY organizations’ #1 strategic business initiative. One word: Economics. And your Digital Transformation initiative must start with understanding the fundamental differences in creating value or wealth from an accounting versus an economics perspective.Accounting is a retrospective-looking methodology for determining…See More
Derek Christensen liked Bill Schmarzo's blog post How Do You Win the Data Science Wars? You Cheat By Doing The Necessary Pre-work!Derek Christensen liked Bill Schmarzo's blog post In a World of AI Delirium, Data is the Source of Business ValueBill Schmarzo posted a blog postWhy Tomorrow’s Leaders MUST Embrace the Economics of Digital Transformation
Why should companies care about Digital Transformation? Yes, I know it appears as yet another technology-drunk buzzword, but what about Digital Transformation should make it EVERY organizations’ #1 strategic business initiative. One word: Economics. And your Digital Transformation initiative must start with understanding the fundamental differences in creating value or wealth from an accounting versus an economics perspective.Accounting is a retrospective-looking methodology for determining…See More
Bill Schmarzo's blog post was featuredA Simple Approach for Pursuing the “Future of Smart” Vision
This blog will cover the following “Future of Smart” initiative topics:Create a common definition or description of what it means to become “smart” and rally the organization around that definition. Confusion in definitions and terminology may be the #1 killer of organizational alignment and corporate innovation.Start with a customer-centric perspective by creating Customer Journey Maps to validate the points of customer, product, operational and market value creation. Remember, customers are…See More
Andreas Schwanke liked Bill Schmarzo's blog post How Do You Win the Data Science Wars? You Cheat By Doing The Necessary Pre-work!Bill Schmarzo's blog post was featuredHow the Economics of Data Science is Creating New Sources of Value
There are several technology and business forces in-play that are going to derive and drive new sources of customer, product and operational value. As a set up for this blog on the Economic Value of Data Science, let’s review some of those driving forces.Artificial Intelligence holds the economic potential to drastic drive industry and business model disruptions. But having AI technologies is not sufficient, especially when most AI technologies are open source and readily available to…See More
Bill Schmarzo's blog post was featuredOptimizing Your Company Right Out of Business
Professional athletes know the importance of developing opposing or complementary muscles (quadriceps and hamstrings, biceps and triceps). These complementary muscles are sets of muscles that “work together” to move your body in the most efficient ways. If these muscles are strengthened together, it creates a balance that can lead to optimal performance. However, if these muscles are not strengthened together, then one significantly increases the risk of injury.As pitching coach sensation Tom…See More
Bill Schmarzo's blog post was featuredReinforcement Learning: Coming to a Home Called Yours!
I loved playing StarCraft, though I seldom played against other humans (my sons in particular, because they absolutely kick my butt). But ah, there is finally revenge for “Dad the Data Nerd”, and it’s known as AlphaStar. AlphaStar was developed by Google’s DeepMind AI group to leverage artificial intelligence (AI) to master the game of StarCraft.…See More
Profile Information
- Short Bio
- 30+ years of data warehousing, business intelligence and analytics experience. Also teach at the University of San Francisco School of Management
- My Web Site Or LinkedIn Profile
- http://https://infocus.emc.com/author/william_schmarzo/
- Field of Expertise
- Data Science, AI, Business Analytics, IoT
- Professional Status
- C-Level
- Years of Experience:
- 30+ years
- Your Company:
- Hitachi Vantara
- Industry:
- Technology
- Your Job Title:
- CTO IoT and Analytics
- How did you find out about DataScienceCentral?
- Friends
- Interests:
- Contributing, Other
Bill Schmarzo's Blog
Using Data Science and Google Cloud to Win March Madness…Well, Not Really
Posted on March 18, 2019 at 5:48pm 0 Comments 0 Likes
I suck at the NCAA March Madness® bracket selection process. I let my personal biases get in the way of making decisions based upon the numbers. I over-rate the well-known Big Ten conference and under-rate the lesser-known Mid Majors and fall in love with the most recent team I saw on TV win their conference tournament. You see, I fall prey to all the common decision-making traps – recency bias, over-confidence, anchoring, risk aversion, framing…
Continue In Digital Transformation, Economies of Learning More Powerful than Economies of Scale
Posted on March 15, 2019 at 5:04am 0 Comments 3 Likes
Key topics of this blog:
- Economies of scalehave historically given large enterprises unsurmountable market advantages through the exploitation of mass production, distribution and marketing.
- In Digital Transformation, “Economies of Learning”are more powerful than “Economies of Scale” because of the ability to learn and deploy those learnings within digital assets faster.
- Classic ERP “Big…
Why Tomorrow’s Leaders MUST Embrace the Economics of Digital Transformation
Posted on March 4, 2019 at 3:40pm 0 Comments 1 Like
Why should companies care about Digital Transformation? Yes, I know it appears as yet another technology-drunk buzzword, but what about Digital Transformation should make it EVERY organizations’ #1 strategic business initiative. One word: Economics. And your Digital Transformation initiative must start with understanding the fundamental differences in creating value or wealth from an accounting versus an economics…
Continue A Simple Approach for Pursuing the “Future of Smart” Vision
Posted on March 1, 2019 at 7:30pm 0 Comments 0 Likes
This blog will cover the following “Future of Smart” initiative topics:
- Create a common definition or description of what it means to become “smart” and rally the organization around that definition. Confusion in definitions and terminology may be the #1 killer of organizational alignment and corporate innovation.
- Start with a customer-centric perspective by creating Customer Journey Maps to validate the points of customer, product,…
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