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Breaking Down Data Silos

Harvard Business

Predictive analytics, data science, artificial intelligence, bots. The waves of advances in the application of data keep on coming. The biggest obstacle to using advanced data analysis isn’t skill base or technology; it’s plain old access to the data. There is a cost to using data.

Data 28
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What is consulting?

Tom Spencer

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal).

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Why Companies That Wait to Adopt AI May Never Catch Up

Harvard Business

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. We think this is a bad idea. Human Interactions with AI Time.

Company 28
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Designing the Machines That Will Design Strategy

Harvard Business

AlphaGo’s success is emblematic of a broader trend: An explosion of data and advances in algorithms have made technology smarter than ever before. But it’s dangerous and naïve to assume that better technology and more data guarantee better outcomes. Remember Long-Term Capital Management ?

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Deflation Will Return: Europe First, Then US; Global Supply Arbitrage

MishTalk

Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere. For details, please see Employment vs. Jobs Discrepancy based on December 2013 Data, released in January. A 3 billion-yuan ($496 million) Chinese trust product is on the verge of collapse.

Banking 78
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How Predictive AI Will Change Shopping

Harvard Business

As you grab your keys, you hear a voice from the device on your coffee table: “It looks like you’ll use the last of your milk tomorrow, and yogurt is on sale for $1.19. This shift will require designing experiences that merge an understanding of human behavior with large-scale automation and data integration.

Retail 28
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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business

At the less-expensive end is a knowledge-based approach that organizes data and language into highly malleable and helpful blocks of information. Even in this new information age, not everything requires the razzle-dazzle of AI. The differences in their data models will slow, and perhaps hobble, the entire program.

Company 28