Today’s leading enterprises apply scientific methods to their social business activities – continuously harvesting the data associated with the process of establishing & maintaining relationships across the customer-set.
Using LEED-certified (Leadership in Energy and Environmental Design) buildings increases revenue generated by bank branches even when they offer the same products and services, according to a new study co-authored by University of Notre Dame management professors Edward Conlon and Ante Glavas.
Doctors at New York’s Memorial Sloan-Kettering Cancer Center will soon be getting a second opinion on how to treat cancer patients, thanks to IBM’s Watson supercomputer. Sloan Kettering’s Dr. Mark Kris learned about Watson while watching Jeopardy last year, but he didn’t initially see a way to use it in his clinic. “The connection came when I learned that Watson could look at case histories at an institution like ours and say what were the best choices that our doctors made,” he says.
In a very near future there will be an invisible web linking together human beings, physical objects and their virtual representations in an information network. The size of the Internet of Things will be enormous: Ericsson predicts 50 billion devices connected to the Internet in 2020. But we have already passed the threshold in which there are more devices connected to the Internet than there are humans. As a matter of fact, one Internet message in 20 is sent from machine to machine (rather than by human to human), and with the latest version of the Internet—IPv6—we will have Internet addresses for every atom on the face of the earth.
But long before the Internet of Things became a geek meme, Eastern philosophers also had a vision of an “invisible web” connecting all things. As Buddhist Geeks founder Vincent Horn says, “The universe is the original Internet of Things.”
For Horn, the interesting question about our networked future is whether the Internet of Things allows us to “hack the universe” by designing technologies that enable us to feel true spiritual interconnectivity. According to Buddhist theory, you become free only once your actions are harmonized with how things already work. And you become aware of how things are connected only once you understand their interdependence.
IBM announced Tuesday three IBM Smarter Analytics Signature Solutions that blend multiple analytic products, proven models and algorithms, and supporting services from IBM Global Business Services (GBS) to address fraud-detection, risk-analysis, and customer-insight scenarios.
The idea is to tackle high-profile business challenges where C-level executives and line-of-business customers want to move from being reactive to being predictive. “The emphasis is on outcomes, not products, speeds, and feeds,” said Deepak Advani, IBM’s VP of predictive analytics, in an interview with InformationWeek. ”We’re putting the pieces together to accelerate time to value.”
The three solutions—Anti-Fraud, Waste & Abuse; CFO Performance Insight; and Next-Best Action—might include a range of products from IBM’s vast software portfolio. An Anti-Fraud, Waste & Abuse solution, for example, might blend IBM SPSS predictive analytics, iLog rules management, WebSphere case management, and the IBM Netezza data warehousing capabilities.
Genotyping-by-sequencing (GBS), a powerful new technique developed at Cornell, is leveling the playing field in genomics research. Less than a year after publication, it is being applied to answer questions about diverse species, including hops, fox, turf grass, maize, cow, tomato and raspberry.
“The principal reason for this, I think, is that educational systems are increasingly out of touch with the needs of the ideas economy. The current education system that our and other countries developed was suited to the industrial revolution, a one-size-fits-all model for education that treats people as commodities. But we’re in an innovation age where creativity, individual initiative, willingness to think out of the box and disrupt established business or even lifestyle patterns is much more important than simple manual tasks that produce the next widget. So I think the great challenge for developed economies like the U.S. is to reinvent education.”—
IBM has unveiled three packages of services and software to help organizations analyze their data for profit and improved efficiency.
The signature solutions, as IBM calls these offerings, go beyond generic analysis software to address three different specific tasks: detecting financial fraud, predicting consumer behavior and estimating financial risk.
“Digital sensors are the new big thing. As reported in the New York Times, these sensors “can measure and communicate location, movement, vibration, temperature, humidity, even chemical changes in the air.” There are “countless numbers” of them around the world, in “industrial equipment, automobiles, electrical meters and shipping crates.” Their increasing use means a torrent of information, and a growing need to interpret it on the fly. A recent report from the World Economic Forum describes data as a new economic asset.”—'Internet of Things' will tap anything, everything | Vancouver Courier
The Future of Social Media: Apps like Kismet, Glancee, Ban.jo and Highlight, which help people meet others nearby, were the talk of the town. It is not yet clear whether they will be a real success. But ambient discovery — tapping into rich and invisible layers of data to turn the smartphone into a kind of dowsing rod that can discover interesting things nearby — is a theme that is not likely to go away. It will be a recurring feature in the apps and services released over the coming year.
This week at Gartner 360, I am presenting an overview of how companies must embrace the use of digital, social and mobile technologies to create and deliver new sources of value to meet the needs of today’s empowered consumer. We often discuss the forces of digital, mobile and social as transformational, as they strip away the boundaries of time, distance, and mobility that have constrained humans for millennia. The unrestricted freedom to communicate, explore, and choose has, in turn, reshaped customer expectations of not only value, but also trust and transparency. These “free” customers both demand and create transparency, as with the simple tap of a finger, people can find out virtually everything about any company. There is simply no way to hide or “spin” the facts, and if you do, you violate the trust that will dissipate in an instant in today’s socially networked world. To earn the trust of “free” customers in a transparent world requires companies to truly differentiate and effectively engage their consumers on a more human and authentic level through digital, mobile and social technologies. These are exciting times to say the least; times that are causing us to be increasingly digital AND human in the quest to capitalize on this new model for delivering value and building trust. What do you think?
“Tablet adoption is increasing among corporate tech buyers. ChangeWave Research recently polled a group of 1,604 business IT buyers and found that 22 percent of them planned to purchase tablets for their employees sometime in the second quarter of 2012. Of those, 84 percent say they’re likely to buy Apple iPads — an increase of 7 percentage points from ChangeWave’s November 2011 survey.”—Tablet Adoption Surging in Enterprise - John Paczkowski - Enterprise - AllThingsD