AI is NOT big data analytics

During the big data era, one of the key tenets of successfully realizing your big data strategy was to create a central data warehouse or data lake where all data was stored. The data analysts could then run their analyses to their hearts’ content and find relevant correlations, outliers, predictive patterns and the like. In … Read moreAI is NOT big data analytics

Why your data is useless

Virtually all organizations I work with have terabytes or even petabytes of data stored in different databases and file systems. However, there’s a very interesting pattern I’ve started to recognize during recent months. On the one hand, the data that gets generated is almost always intended for human interpretation. Consequently, there are lots of alphanumeric … Read moreWhy your data is useless

When you don’t know, run experiments

The effects of digitalization and other technological shifts cause companies to realize they need to change. This often leads to significant discussions in the organization as there typically are several alternatives being considered by different people. These might include topics such as business models, product implications, partnerships with suppliers and technology providers. Agreeing on the … Read moreWhen you don’t know, run experiments

Why you’re a product + service business

Before digitalization became a thing, the industry was divided into two types of businesses: those that sell products and those that provide services. Those that sell products have a transactional relationship with their customers, mostly consisting of selling one of their products. The service businesses tend to have a more continuous relationship with their customers … Read moreWhy you’re a product + service business

Get your data out of the gray zone

Last week, I wrote about the different types of use for data that we have available. That led to discussions with various people and I realized that there’s a problem around data that’s very typical in companies that have their roots in embedded systems or mechanical engineering: it’s actually unclear who owns the data from … Read moreGet your data out of the gray zone

DataOps: the key to operational AI

One of the things that keep surprising me over and over again is how much effort companies spend on processing, cleaning, converting and preparing data. For the companies that I work with, the data science teams easily spend 90-95 percent of their time just preparing data for use in machine learning/deep learning deployments. This is … Read moreDataOps: the key to operational AI

It’s not what AI can do for you

Virtually any company that I work with is exploring its data sets and business processes to identify opportunities for productivity improvements, higher accuracy or lower cost. The constant question that these companies struggle with is how can artificial intelligence, and specifically machine learning (ML) and deep learning (DL), support existing processes and ways of working. … Read moreIt’s not what AI can do for you

How to develop software

In earlier posts (such as here), I have discussed different approaches to software development and one of the key models for this is the HoliDev model where we combine requirements driven development, outcome-driven development (e.g. A/B testing) and AI-driven development. In the figure below, the HoliDev model is shown graphically. It may easily seem that … Read moreHow to develop software