Tag Archives: Big Data

Here’s How To Keep Your Data Project From Running Of The Rails

Data And Technology Don't Change Your Culture, They Reveal it - Innovation Excellence

We were told that “data is the new oil.” The Internet of Things combined with the ability to store massive amounts of data and powerful new analytical techniques like machine learning would help derive important new insights, automate processes and transform business models. It seemed like a massive opportunity. Yet Gartner analyst Nick Heudecker‏ estimates as many as 85% of ...

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Building a Smarter Workplace

I had the opportunity recently to interview Dave Hopping, President of Siemens Building Technologies for the Americas about technology advancements in the areas of construction and building management and their impact for both employers and employees. By its very name, Dave’s group focuses on technologies that go into buildings to make them safe, secure, efficient, etc. spanning building automation, lighting, ...

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Is Big Data Doing More Harm Than Good?

In 1931, a 25 year-old Austrian named Kurt Gödel defied logic, literally, with his incompleteness theorems which proved that every formal system eventually fails. What made this discovery even more devastating was that Gödel himself was a logician and his theorems took the form of a logical proof. Essentially, he used logic to kill logic. Of course, the systems we rely on ...

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A Dummies Guide for Innovation

Pierre d’Huy and Jérôme Lafon, both innovation teachers and consultants, share all the secrets of Innovation Management in their encyclopedic and brilliant book, A Dummies Guide for Innovation. All aspects of innovation are described in a simple and thrilling way, from innovation history, to innovation process, open innovation, user centric innovation, and a practical step-by-step approach to complete innovation from unfolding the idea down to implementation.

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How Experian Built a Disruptive Data Business

When Eric Haller graduated with a degree in finance from San Diego State University in 1990, he didn’t have a clear idea of what he wanted to do. If he was on the east coast, he probably would have gone to work at an investment bank, but he ended up as a statistical analyst at Visa in Foster City, and would later say it was a case of being in the right place at the right time.

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Big Data Has Broken Its Promises

Because We Need To Fix Our Data Systems FIRST A data scientist, it’s been said, is a statistician who works in Silicon Valley, which is another way of saying that the term has attained true buzzword status. The potential to be unlocked is undeniably, but so far, there has been no shortage of disappointment and frustration. Truth be told, the ...

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Innovation Doubts

One of the first concepts I learned in a university course on statistics was not about regression analysis or significance of results but, rather, on the importance of doubt. Our professor drilled home the point that no matter how large our dataset and how clever our hypothesis, our results should always be presented using language such as “suggests” or “points ...

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