What’s the #1 enemy to profitable machine learning, AI & data-driven initiatives?
And who has had data on their agenda for a decade but are still not deeply involved in data projects?
In a 2019 Deloitte survey, 63% of… Continue
Added by Farah Kim on May 6, 2020 at 4:00am —
Most of the big organizations are struggling with AI transformation. Data science projects are either taking too long to complete or would never get into production.
Among various reasons, the most common is the lack of a stable data science team. Due to high demand, the turnover rate is very high in data science, unfortunately. Data science managers or leaders typically go around this problem by focusing on the following:
- acquire best data science talent
Added by Nasir Mahmood on May 5, 2020 at 1:30am —
What makes a great CEO?
First of all, the answer to that question depends on who raises it: An investor will likely come up with a different answer than an employee. What if you asked a CEO? He might give you his definition. Ask another CEO, and he will likely give you a slightly or even completely different view on this subject.
Ask five people, and you will get five answers
It seems nearly impossible to find an… Continue
Added by Rafael Knuth on February 21, 2019 at 5:00am —
A few years ago, the impact of digitization was only established in top industries like Banking, Insurance, and Retail. Now times have changed – the recruitment industry is also adopting digital transformation.
Everyone is a candidate at some point in their journey. Whether you are an employer or a candidate… Continue
Added by Sandeep Raut on June 16, 2018 at 3:30am —
Today every company is acting on the digital transformation or at least talking about digital transformation. While it is important to drive it by analyzing customer behavior, it is extremely important to understand who from your organization is acting upon it – your employees.
Added by Sandeep Raut on April 17, 2018 at 1:30am —
Digital disruption has turned the telecom industry upside down. New digital technologies are entering the market forcing telecom operators to adapt to new business models.
We went from analog to digital few decades back and then GPRS, Edge & came 3G, which brought data and web… Continue
Added by Sandeep Raut on March 4, 2018 at 6:30pm —
I was recently asked to conduct a 2-hour workshop for the State of California Senior Legislators on the topic of “Big Data, Artificial Intelligence and Privacy.” Honored by the privilege of offering my perspective on these critical topics, I shared with my home-state legislators how significant opportunities await the state. I reviewed the once-in-a-generation opportunities awaiting the great State of California (“the State”), where decision makers could vastly…
Added by Bill Schmarzo on February 13, 2018 at 5:30am —
Do you remember Hollywood movies Terminator: Rise of Machines or Ex Machina where facial recognition technologies are used in several ways?
Today with digital technological advances, face recognition has become very important for businesses, to know who the customer is and send hyper-personalized offers to generate more revenues.
Facebook has… Continue
Added by Sandeep Raut on February 10, 2018 at 9:30pm —
Organizations looking for justification to move beyond legacy reporting should review this little ditty from the healthcare industry:
The Institute of Medicine (IOM) estimates that the United States loses $750 billion annually to medical fraud, inefficiencies, and other siphons in the healthcare system…
Added by Bill Schmarzo on January 26, 2018 at 1:30pm —
“Big Data is dead.” “Big Data is passé.”
“We no longer need Big Data; we need Machine Learning now.”
As we end 2017 and look forward to big (data) things in 2018, the most important lessons of 2017 – in fact, maybe the most important lesson going forward – is that Big Data is NOT a thing. Big Data isn’t about the volume, variety or velocity of data any more than car…
Added by Bill Schmarzo on January 20, 2018 at 5:30am —
I was recently a guest lecturer at the University of California Berkeley Extension in San Francisco. On a lovely Saturday afternoon, the classroom was crowded with students of all ages learning the tools of the modern economy. The craftspeople of the “Analytics Revolution” were busy learning new skills and tools that will prepare them for this Brave New World of analytics. I was blown away by their dedication!
As we teach the next generation, it’s important…
Added by Bill Schmarzo on January 19, 2018 at 5:00am —
Most organizations’ IOT Strategy look like a game of ‘Twister’ with progress across important IOT capabilities such as architecture, technology, data, analytics and governance; variables comprising a series of random investments and decisions.…
Added by Bill Schmarzo on January 13, 2018 at 5:00am —
Premise: How will the traditional car industry create and extract customer value in the future when the source of that value is no longer the vehicle itself?
An increasingly digital economy is overwhelming every industry, and no business, from the largest legacy institutions to plucky start-ups, is safe. To survive, businesses must embrace digital transformation. For those who haven’t, we have already seen what happens to them. Once…
Added by Bill Schmarzo on January 7, 2018 at 12:30pm —
Remember the early 90s, when the mobile phones were not there. The only way to communicate to an out of office employee was landline phone or personal message via a colleague. Today there is no distinction between professional and personal lives as we are always connected.
In the age of Uber, Netflix and Airbnb disrupting traditional… Continue
Added by Sandeep Raut on December 24, 2017 at 8:30pm —
Mobile usage has surpassed the desktop usage a few years back and is fast becoming consumer’s preferred portal to the internet. Always-on consumers spend more than 70% of their media consumption and screen time on mobile devices, and most of that time in smartphone apps. Analyzing their behaviors, understanding their needs, complaints and proactively…
Added by Sandeep Raut on November 26, 2017 at 2:00am —
Today every industry is talking about Digital Transformation and affected by technologies like the Internet of Things, Blockchain, Microservices and Cloud. Every company like Apple, Nike, and Nestle, better known for their brand products have now become Technology Company. However, for every technology the powerhouse behind the success is…
Added by Sandeep Raut on November 19, 2017 at 2:30am —
The research firm Technology Business Research (TBR) recently came out with a report titled, “Winning The Business Of Digital Transformation Services Requires A Process-Led Approach” authored by Sebastian Lagana and Jennifer Hamel. The report is full of good nuggets, but I especially liked the way that they categorized the 3 phases of Digital Transformation:
- Substitution represents basic IT modernization; such as leveraging new…
Added by Bill Schmarzo on November 12, 2017 at 5:00am —
Today almost every industry is experiencing significant digital disruption. Every business is eager to get on this bandwagon and strive to survive. CEOs are facing this biggest questions of how to transform the organization? Digital Transformation has come as big tsunami wave, either you can ride it like an expert surfer, or go under and get to the bottom. Companies start the process of transformation but more often fail to integrate across departments and take advantage… Continue
Added by Sandeep Raut on November 10, 2017 at 9:30pm —
I love it when I get feedback from a blog that I’ve written. I appreciate the different perspectives and insights that others bring to a topic of interest.
The section of the blog that fueled the most comments stem from a scene in the movie I, Robot where Detective Spooner (played by Will Smith) is explaining to Doctor Calvin (who is responsible for giving robots human-like behaviors) why he distrusts and hates robots. He is describing an incident…
Added by Bill Schmarzo on November 5, 2017 at 1:30pm —
A strong declaration from a historically antagonist foe should put chills in the hearts of Americans preparing themselves for the world ahead: Russian President Vladimir Putin says the nation that leads in AI will be the ruler of the world … The ruler of the world!
From the article (with some modification to avoid political landmines), we get the following:
“The development of artificial intelligence has increasingly become a national security…
Added by Bill Schmarzo on November 4, 2017 at 6:00am —