On the surface, preventing injuries to professional-caliber athletes would seem to have little in common with preventing operational failures for a machine (i.e., autonomous vehicle, locomotive, airplane, CT Scan). However, both athletes and machines deal with inter-twined complex systems (where the interactions of one complex system can have a ripple effect on others) that can have significant impact on their operational effectiveness.
My son Max, the Director of…Continue
Added by Bill Schmarzo on August 6, 2018 at 11:19am — No Comments
My blog “Blockchain + Analytics: Enabling Smart IOT” drew some great feedback asking me to clarify my autonomous vehicle example that used blockchain as a means of near real-time, peer-to-peer communications between clusters of intelligent devices and machines. But first, some background.
Edge analytics within an Internet of Things (IOT) world is very…Continue
Added by Bill Schmarzo on August 4, 2018 at 6:08am — No Comments
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.
Added by Bill Schmarzo on July 23, 2018 at 4:30am — No Comments
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”:
Added by Bill Schmarzo on July 11, 2018 at 9:02am — No Comments
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…Continue
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