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Data science is changing the rules of the game for decision making. Artificial intelligence is living its golden years where abundance of data, cheap computing capacity, and devoted talent depicts an unstoppable intelligence assisted life for humans. While it is common to hear about AI advice on health or financial investments, the same in business strategy is not so common. Maybe it is just a matter of time that AI learns how to handle data to support…Continue
Is innovation an artisanal feat? Can innovation be weighed, measured on a scale, and optimized like a production operation? Can the use of data analytics disrupt creativity as it has done in other business functions? As an innovation consultant specialized in data science, I see the power of data and creativity going hand-in-hand every day. To understand how this happens, we will have to start with the evolution of innovation analytics.
Early life of innovation…Continue
Every business challenge that is to be solved with a data-driven decision has a data universe behind it. This data universe is the set of data that could be captured that is linked to the business challenge.
A data universe is formed by information and noise: Information is data that can be transformed into knowledge; noise is data from which no…Continue