Insights

Data lakes refer to massive storage of any structured and unstructured data at a big data scale. Data from various streams flow into the data lake and are available to cross-functional data scientists to examine and interpret patterns for predictive analytics and machine learning. On the surface, the idea sounds fantastic and full of possibilities. Many enterprises jumped on the bandwagon and created Hadoop-based repositories and started...

The introduction of artificial intelligence (AI) into the manufacturing value chain is significantly changing the nature of that sector's workforce, according to new research from the MAPI Foundation. But rather than robots taking human jobs, new hybrid roles are emerging where humans enable machines and AI augments human capabilities. Robert Atkinson and Stephen Ezell of the Information Technology and Innovation Foundation (ITIF), and...

(This is Part 3 of a Sports Analytics series. Read Part 1 and Part 2 .) "Save a boyfriend for a rainy day  –   and another, in case it doesn’t rain." — Mae West A rain delay must last at least 30 minutes before the umpire cancels a Major League Baseball game. But it hasn’t been the weather that has been causing low turnout for Major League Baseball. Major League Baseball has been fighting dwindling...

More than two decades after the term "big data" was invented, a majority of companies still do not have initiatives in place to create an analytics-driven culture, according to a new Deloitte survey, " Analytics and AI-Driven Enterprises Thrive in the Age of With™: The Culture Catalyst. " At the same time, the use of artificial intelligence (AI) and other advanced data-driven digital technologies are growing rapidly, as humans and...

As healthcare providers transition from fee-for-service to value-based care models and continue to look for ways to be more efficient in their day-to-day business, they are discovering new and innovative analytic models to identify high-risk patients, deploy evidence-based medicine and reduce adverse effects and infections. Therefore, they have to assemble information generated across the overall health and administrative systems, including...

Have you ever noticed that organizations are increasingly using the terms “big data,” “analytics” and (to a somewhat lesser but still notable degree) “business intelligence” (BI) interchangeably? But they aren’t quite the same thing. Here’s how respected, authoritative sources define the three: Big data is a… “high-volume, high-velocity and/or high-variety information...

Interest in blockchain continues to be high, but there is still a significant gap between the hype and market reality. Only 11% of CIOs indicated they have deployed or are in short-term planning with blockchain, according to the Gartner, Inc. 2019 CIO Agenda Survey of more than 3,000 CIOs. This may be because the majority of projects fail to get beyond the initial experimentation phase. “Blockchain is currently sliding down toward...

The insatiable demand for data continues unabated. We want to gain deeper insights into market trends, customers, competitors and our business performance, but many companies are not making the progress they anticipated. And the promise of big data analytics remains largely out of their reach. Why? Because most companies still don’t take a strategic approach to data integration. It’s laborious and time-consuming. It’s...

“Leadership is the capacity to translate vision into reality.” — Warren Bennis The quest for leadership Competition is increasing everywhere. At school, at the office, in business, in politics, in the international community of nations, in all fields, all over. If you want to tackle competition and be a leader in your own right you need inevitably to gain competitive advantages. Otherwise, you are bound to be...

Your security strategy should begin with the premise that you’re already compromised. Get your head around this, and you can shift your focus from trying to prevent attacks from occurring to resilience when they inevitably do. You’ll be better prepared to quickly identify an attack, contain it from spreading and recover from any fallout – minimizing risk exposure for the business. In this sense, security strategy is...

By the year 2023, 50 percent of the roles that government CIOs will oversee do not exist in government IT today, according to Gartner, Inc.'s latest prediction. A recent CIO survey shows that the transition to digital government is gaining momentum. It found that 53 percent of digital initiatives in government organizations have moved from the design stage to early stages of delivering digitally driven outcomes. This is up from 40 percent...

The digital world did not exist a generation ago, and now it is a fundamental fact of life. The world spawned by the personal computer, the Internet, social media and the smartphone now constitutes the greatest arena of public discussion and debate the world has ever known. Business leaders, on the other hand, can’t wait until evolving technologies are having these effects to determine which developments are truly big things. They need...