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Electrification Software

Algorithms, Like People, Discriminate Too

Nuala Oconnor
July 10, 2016

Who will be held accountable when big data analytics discriminate in the marketplace? Nuala O’Connor, President & CEO of the Center for Democracy & Technology, explains there are no algorithms without humans.

 
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data

Here's What You Need To Do When Computer Models Get Things Wrong

Bruce Cuthbertson
Philip Y Rowley Berkeley Research Group
June 30, 2016

Statistical models and data have their limits in predicting major global shifts. Decision-makers can take logical cues from some other unexpected places.

 

Every senior executive in every large company is on unstable ground right now. They are faced with increasingly uncertain futures and often, they don't know how to assess risk and opportunity. Brexit should be a reminder.
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data

Everything Is Illuminated: Smart LEDs Are Lighting The Way To "Intelligent" Manufacturing

Dorothy Pomerantz
June 25, 2016
In manufacturing, a minute saved is money earned. Which is why building complex machines like gas turbines can be frustrating.
One of the trickiest parts of the process involves assembling the turbine’s compressor and wheels. Workers at GE Power’s plant in Greenville, South Carolina, stack the components together one at a time. Depending on the build, they heat some pieces, fit them onto the assembly and then cool them at a uniform rate, creating a tight fit that binds the pieces together.
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data

Industries Are Going Digital And The Fight For Data Ownership Has Just Started

Thomas Kautzsch Partner Oliver Wyman
Juergen Reiner Partner Oliver Wyman
Tobias Sitte Partner Oliver Wyman
June 13, 2016

Players who are able to make data-driven decisions will come out as winners. The struggle for data sovereignty is already in full swing; however, the fight isn’t over.

 

The manufacturing industry is in the throes of a major upsurge in innovation. The progressive digitalization of industry—known as Industry 4.0—is increasing the efficiency of production processes and generating additional growth. Companies that master these new digitalization rules can make better decisions, improve process integration and develop new business designs.
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Innovation

5 Coolest Things On Earth This Week

Tomas Kellner
June 10, 2016
We’ve had the data cloud for some time — now comes data slime. We learned this week that scientists at Harvard were able to store data in Escherichia coli bacteria. Elsewhere, researchers found a second layer of information hidden inside DNA, and Microsoft data scientists used online search logs to detect pancreatic cancer in some cases even before medical diagnosis.
 

 
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Education

How Data Can Drive the Road to Better Education

Cindy Cisneros Committee For Economic Development Of The Conference Board
Aimee Guidera President And Ceo Of The Data Quality Campaign
March 03, 2016
We have robust information on education in the United States. Now we need an educational culture that values the data.
 
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Innovation

5 Coolest Things On Earth This Week

Tomas Kellner
February 11, 2016
A number of people, including reportedly Red Sox left fielder Ted Williams, have had their corpses frozen in the hope that they can be revived in the future. This process, called cryopreservation, presents many challenges, chief among them keeping the delicate structure of the brain intact. But that may be changing. Our haul this week includes that story, plus tales of the world’s fastest data line, gravity waves and more.
A Homerun For Ted Williams?
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Software

Follow The Digital Thread: How GE’s Off To See Profit In The Age Of Cheap Oil

Tomas Kellner
February 03, 2016
Over the last several decades, companies have used tools like Six Sigma and enterprise resource planning (ERP) software to squeeze the most out of their factories. But in hard times that may not be enough. “When you have a factory that’s already hitting on-time delivery in 95 percent of cases, what you can do with ERP is limited,” says Anup Sharma, chief information officer at GE Oil & Gas.
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data

Alan Marcus: Data and the Fourth Industrial Revolution

Alan Marcus Senior Director Head Of Information Technology And Telecommunications Industries World Economic Forum
December 16, 2015

We are moving toward the fourth industrial revolution, in which mobile communications, social media and sensors are blurring the boundaries between people, the Internet and the physical world.

 

Data is increasingly building up on who we are, who we know, where we are, where we have been and where we plan to go. Mining and analysing this data lets us understand and predict how people behave at the individual, group and global level. These swathes of new digital data are as valuable for economies and societies as they are fraught with questions about privacy.
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cyber-security

David Schwartz: Big Data Demands Big Security

David Schwartz Technology Angel Investor And Startup Consultant
October 11, 2015

Devising strategies to protect Big Data is as important as analyzing the information.

 

Big data is becoming an increasingly important part of the business plan for companies in many different industries. Analyzing large customer datasets and other kinds of data with tools like Hadoop reporting lets companies save money as well as boost revenue by targeting their marketing better, designing products to better appeal to their customers, make better predictions, and so on.
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