In Digital Transformation, Economies of Learning More Powerful than Economies of Scale

In Digital Transformation, Economies of Learning More Powerful than Economies of Scale Key topics of this blog: Economies of scalehave historically given large enterprises unsurmountable market advantages through the exploitation of mass production, distribution and marketing. In Digital Transformation, “Economies of Learning”are more powerful than “Economies of Scale” because of

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Why Is Data Science Different than Software Development?  It Starts with Data…Lots o’ DATA!!

Why Is Data Science Different than Software Development?  It Starts with Data…Lots o’ DATA!! Data science development is very different from software development, and getting the two to mesh is sometimes like trying to cobble together Tinker Toys with Lincoln Logs.  One data science expert once described the differences as:

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Predict ►Prescribe ►Prevent Analytics Value Cycle

Predict ►Prescribe ►Prevent Analytics Value Cycle 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 health-care system[1]. The

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Open Peer-to-Peer Communications to Facilitate Real-time Insights Sharing

Open Peer-to-Peer Communications to Facilitate Real-time Insights Sharing 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.

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It’s Not Digital Transformation; It’s “Intelligence Transformation” We Seek

It’s Not Digital Transformation; It’s “Intelligence Transformation” We Seek Forrester published a report titled “The Sorry State of Digital Transformation in 2018” (love the brashness of the title) that found that 21% of 1,559 business and IT decision makers consider their digital transformations complete.  Complete? Say what?! The concept of “Digital

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