“IIoT Is Grabbing Headlines for All the Right Reasons”

“IoT promises to better multiple aspects/assets in a typical industrial set up with minimal capital expenditure and maximum results”.   Industrial Internet of Things (IIoT) refines principles of IoT and applies them to industrial issues, i.g., quality, productivity, availability, customizations, etc. IIoT is expected to increase output and decrease costs, and contribute to a healthy…

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“Does Your Workforce Speak Data?”

“Data literacy and information as a second language must be treated as a core element of digital transformation”.   According to Gartner, data literacy (DL) is “the ability to read, write and communicate data in context”. To contribute to the business, DL needs managers who are able to see all the possibilities of its usage.…

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“Data as a Revenue Engine: Monetize Your Data with a Single Point of Control”

“A single customer view, advanced analytics with machine learning, and an intelligent orchestration layer that touches the consumer constitute a single point of control over data, decisions, and interactions. In the context of monetizing customer data, a single point of control is the printing press that turns otherwise worthless paper, in this case data, into…

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“India Skills Forum: Advancing Innovation and Inclusion Showcased How a Brighter More Inclusive Future Is Being Built for a New Generation

”  “The Atal Tinkering Labs, under Niti Aayog’s Atal Innovation Mission, is an example of how IBM is working with the Government of India to help nurture a new generation of innovators (…) by giving them hands-on experience with new technologies and mentorship to hone their ideas””   According to Amitabh Kant, CEO at Niti…

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“What’s the Difference between Data Science, Data Analysis, Big Data, Data Mining and Machine Learning?”

““As data is growing fast, new terms appear. Data Science (DS), Data Analytics, Data Analysis, Big Data (BD), Data Mining (DM) and Machine Learning (ML) – all these notions form a unique system but differ from each other”.”   This system and the relations within it might be schematically presented by the onion diagram. DM…

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“What Does the Future Hold for Fintechs in 2019”

““Forecast for fintech and the financial services industry in 2019: ‘Both are looking over their shoulders at the innovations coming from China in areas such as payments and platforms on one hand and artificial intelligence (AI) and data on the other’ ”. Theodora Lau (Founder of Unconventional Ventures) ”   Fintechs will continue developing a…

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“What Is Digital Twin Technology?”

““Within three to five years, billions of things will be represented by digital twins, a dynamic software model of a physical thing or system.” ”   Digital Twins (DT) are a digital representation (DR) of the real world (physical assets, facilities, processes, environment, businesses or people) used for simulation, analysis and control. Some DT can be…

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“Engineering Meets Data Science – How to Balance the Tension Between Data Science and Agile”

“Anat Rapoport, on managing a research group on machine learning and deep learning: “I found myself between the two parties: my research team that needed more time to perform the investigation and more information to get accurate data, and my startup’s management asking for outcomes, timelines, and commitment.””   Agile is not 100% appropriate for…

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