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All Blog Posts Tagged '#BigData' (136)

Using Design to Drive Business Outcomes, or Uncovering What You Don’t Know That You Already Know

Okay, that may be the most complicated title that I’ve ever read, but here’s the point of that title:  Most people don’t know what they already know.  Maybe spun another way, is that people don’t realize how much they really know, that much of what they really know is buried behind general rules, rules of thumbs and simple heuristics.  But those heuristics get in the way of one’s real knowledge.  And that’s the real secret to effective…

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Added by Bill Schmarzo on July 24, 2018 at 9:54am — 1 Comment

Importance of Metadata in a Big Data World

Updated from original posted on April 17, 2014

The importance of metadata only continues to grow as organizations are realizing that to fully exploit the business and operational potential of machine learning, deep learning and artificial intelligence requires that the raw data be enhanced with metadata.  And while we have growing volumes of  actual data, there is even more data, or metadata, around the usage and source of the actual data.

Metadata is…

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Added by Bill Schmarzo on July 23, 2018 at 4:30am — No Comments

Blockchain + Analytics: Enabling Smart IOT

Autonomous cars are racing down the highway at speeds exceeding 100 MPH when suddenly a car a half-mile ahead blows out a tire sending dangerous debris across 3 lanes of traffic.  Instead of relying upon sending this urgent, time-critical distress information to the world via the cloud, the cars on that particular section of the highway use peer-to-peer, immutable communications to inform all vehicles in the area of the danger so that they can slow down and move to unobstructed…

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Added by Bill Schmarzo on July 16, 2018 at 3:47pm — 4 Comments

Digital Transformation Law #6: It’s About Monetizing the Pain

Will I ever get this digital transformation thing right? The more work I do with clients on their digital transformation initiatives, the more I realize how much I don’t know. For example, first there was the “4 Laws of Digital Transformation”:

  • Law #1: It’s About Business Models, Not Just the Business. Digital Transformation is about innovating…
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Added by Bill Schmarzo on July 11, 2018 at 9:02am — No Comments

Driving AI Revolution with Pre-built Analytic Modules

What is the Intelligence Revolution equivalent to the 1/4” bolt? 

I asked this question in the blog “How History Can Prepare Us for Upcoming AI Revolution?” when trying to understand what history can teach us about technology-induced revolutions.  One of the key capabilities of the Industrial and Information revolutions was…

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Added by Bill Schmarzo on July 5, 2018 at 6:54am — No Comments

#Apress “Practical Enterprise Data Lake Insights” – Published!

Hello All,

Gives me immense pleasure to announce the release of our book “Practical Enterprise Data Lake Insights” with Apress. The book takes an end-to-end solution approach in a data lake environment that includes data capture, processing, security, and availability. Credits to the co-author of the book, Venkata Giri and technical…

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Added by Saurabh K. Gupta on June 30, 2018 at 10:13am — No Comments

Cohort Analysis in the Age of Digital Twins

To be actionable, Big Data and Data Science must get down to the level of the individual - whether the individual is a customer, physician, patient, teacher, student, coach, athlete, technician, mechanic or engineer. This is the “Power of One.” By applying data science to the growing wealth of human purchase, interaction and social engagement data, organizations can capture individual’s tendencies, propensities, inclinations, behaviors, patterns, associations, interests, passions,…

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Added by Bill Schmarzo on June 30, 2018 at 5:31am — No Comments

Unintended Consequences of the Wrong Measures

In an attempt to put the patient first in healthcare, Congress and President Obama in 2015 approved a bipartisan bill for United States healthcare reform. The bill is known as “Medicare Access and CHIP Reauthorization Act of 2015”, or MACRA.  Among the major provisions of MACRA is the Quality Payment Program.  Under the Quality Payment Program, physicians, and nurses receive positive, neutral, or negative Medicare payment adjustments based upon a…

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Added by Bill Schmarzo on June 30, 2018 at 5:00am — 3 Comments

The Death of “Big Bang” IT Projects

Why is it so hard to change, especially from a business perspective? Why is it so hard to understand that new technology capabilities can enable new technology approaches?  And nowhere is that more evident than in how companies are trying (and failing) to apply the old school “Big Bang” approach to Big Data Analytic projects. 

The “Big Bang” approach likely comes from how businesses have historically gained competitive advantage – through…

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Added by Bill Schmarzo on June 29, 2018 at 5:00am — No Comments

5 Questions that Define Your Digital Transformation

I had the opportunity in 2017 to give a 10-minute keynote at DataWorks Summit 2017.  I know what most of you are thinking: Schmarzo can barely introduce himself in 10 minutes! What sort of keynote could he give in just 10 minutes?  And to be honest, I too struggled with what to say.

But after some brainstorming, I decided to pose 5 questions that every organization needs to consider as they prepare themselves for digital transformation.  And…

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Added by Bill Schmarzo on June 28, 2018 at 4:30am — No Comments

Crossing the Big Data / Data Science Analytics Chasm

The key of any organization’s digital transformation is becoming more effective at leveraging data and analytics to power their business models. That is, how can organizations exploit the growing bounty of internal and external data sources to uncover new sources of customer, product, service, operational and market insights that they can use to optimize key business and operational processes, mitigate compliance and cybersecurity risks, uncover new monetization opportunities,…

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Added by Bill Schmarzo on June 26, 2018 at 6:00am — 2 Comments

Tomorrow’s Digital Transformation Battles Will Be Fought at the Edge

Gartner’s recently released “Magic Quadrant for Industrial IoT Platforms” outlines how organizations can leverage the Internet of Things (IoT) to drive their digital transformation initiatives. In particular, Gartner believes that “By 2020, on-premises Internet of Things (IoT) platforms coupled with edge computing will account for up to 60% of industrial IoT (IIoT) analytics, up from less than 10% today.”[1]

More real-time sensor and…

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Added by Bill Schmarzo on June 20, 2018 at 1:30pm — No Comments

Differences between Data Mining and Predictive Analytics

What is Data Mining?

Data mining is an integrated application in the Data Warehouse and describes a systematic process for pattern recognition in large data sets to identify conclusions and relationships. Using statistical methods, or genetic algorithms, data files can be automatically searched for statistical anomalies, patterns or rules.

Wikipedia defines Data Mining as “Data mining is an interdisciplinary subfield of computer science. It is the computational process…

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Added by Jason Li on October 12, 2016 at 5:30pm — 7 Comments

6 Ways Internet of Things is Already Changing Everything around Us

Connected devices, Smart City, home automation, e-health, Big Data ... In recent years, the concepts of communicating objects have multiplied. In reality, they are all one facet of the same upheaval - the Internet of Things.

Cars can be driven without a driver, TVs are going online, and heating systems are activated automatically to the arrival of the residents. The Internet is making many processes in daily life easier. The Internet of Things, or IoT, which enable devices to…

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Added by Jason Li on August 11, 2016 at 6:30am — No Comments

Five Predictions for Big Data in 2016

By .

It’s January (now February), which means everyone will be posting his or her predictions for 2016.…

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Added by Ross Parks on February 5, 2016 at 12:30pm — No Comments

7 Amazing Big Data Myths

Here is my top 7 list of daft things that some people say about Big Data.

I think that Big Data does play a role in some businesses. I also think that some of the basic distributed file store and text search technologies can be usefully employed, in non-traditional indexing, counting and correlation. However, there is an awful lot of nonsense said about Big…

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Added by Martyn Jones on June 11, 2015 at 12:26pm — 2 Comments

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