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,…Continue
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.”
More real-time sensor and…Continue
Added by Bill Schmarzo on June 20, 2018 at 1:30pm — No Comments
A number of my mid-sized European clients recently have asked me to help them scope and recruit for the role of Chief Data Scientist (also scoped as ‘Head of Data Science’, ‘Lead Data Scientist’, ‘Head of Analytics’, etc.).
This lead data science role is typically opened by the client company for one of two…Continue
Added by David Stephenson on November 12, 2016 at 1:00am — No Comments
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…Continue
As the current wave of Artificial Intelligence apps continue to gain routine use, do we really trust them?
If not, here's a way of improving trust. Write the apps in Executable English , so that they can explain their results and actions at the end user level.
What other approaches are there?
Added by Adrian Walker on September 29, 2016 at 11:30am — No Comments