It seems that 2023 will be go down as the year of AI. We see thousands of new jobs, billions in investment, and a great deal or excitement in how AI will be used in business. In such applications, the focus is often to 1) Replace costly workers 2) Make costly workers more efficient or […]
AI, Algorithm, Analytics, Automation, Big Data, Big Data Analytics, featured
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Innovation
Improvements from Artificial Intelligence and (More) Robots in Our Lives It is anticipated that some 22 million units of Amazon echo will be purchased this year. Building on the 11 million sold in 2016, north of 30 million units will soon be deployed. It is perhaps as rapid a technological deployment, as a percentage of […]
AI, Amazon, Analytics, Apple, Artificial Intelligence, Automation, Big Data, Big Data Analytics, Booking.com, Digital, Digital Assistant, Digital Economy, Digital Platforms, featured, Gen X, Google, iTunes, Kayak, Microsoft, Music, Tripadvisor, Vacation, Yelp
Global Insights, Leadership, Risk Management
The economists and central bankers of the US Federal Reserve have a perplexing challenge. The US economy has picked up in terms of GDP growth, but inflation is below the Goldilocks target of 2%. How could economic models be wrong? What, if anything, has changed? It has spurred a serious discussion that suggests that US economy operates differently now. I think the answer is obvious – DEFLATION! We have deflation, just not in an absolute form. We have deflation in the economy like you might have bugs in your house. They are not everywhere, just in places. Overall, the house is mostly clean, but there are some bugs.
Automation, Baby boomers, Bots, Brexit, Canada, China, Congress, Deflation, Demographics, Digitization, economic growth, economics, featured, GDP, GDP growth, houshold income, Inflation, interest rates, Irving Fisher, lower taxes, Mexico, Millennials, Milton Friedman, Population, real income, Taxation, taxes, Trade, Unemployment, USA trade, yellen
Analytics, Big Data, Big Data and Analytics, Career Advice, Digital Strategy, Innovation, Leadership
1. Analytics has Moved from Manual to Machine-Driven – Don’t Become a Robot! Most people in the field of analytics can remember writing their own analytical code. Today, our Data Scientists in the MSiA program at Northwestern, can produce analytical models from regression, decision trees, support vector machines (and more) – all with more or […]
Abalytics Professional, Airbnb, Algorithm, Amazon, Analytics, Artificial Intelligence, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Bots, Career Advice, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Digital Economy, featured, Google, IoT, LinkedIn, Mobile, Northwestern Analytics, Northwestern University, Robots, Uber, Uberfication
Analytics, Big Data, Big Data and Analytics, Digital Strategy
The recent 2017 Berkshire Hathaway shareholder meeting offered some insights into how Warren Buffett thinks about stocks, especially those of large digital companies. I thought it important to explore these, given the rise of Digital Enterprises. When we think of Digital Enterprises, leaders like Google, Apple, Amazon, and even Microsoft come to mind. What do […]
Amazon, Analytics, Apple, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, David and Goliath, Digital, Digital Economy, Digital Platforms, Digital Strategy, featured, Google, Microsoft, Warren Buffett
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Global Insights, Innovation, Leadership, Risk Management
I hope this finds you off to a very Happy New Year! It is a natural time to plan for the coming year. The Angel Oak of Charleston, South Carolina has always inspired me. It has grown and prospered for over 500 years, reminding us that everyday can bring growth and prosperity. I wish you […]
Artificial Intelligence, Automation, Big Data, Big Data Analytics, Boomers, Data Monetization, Data Science, Digital, Digital Strategy, executive seminars, featured, GenX, Global insights, Innovation, keynote talks, Millennials, Reputational Risk, Risk, Risk Management, The world in 2050
Big Data and Analytics, Digital Strategy, Innovation
By now, most of us have seen or are even using programmable thermostats. One of the recent and more interesting offerings in this space is from Nest. Nest sells a thermostat that captures data about human presence to self learn what heating and cooling decisions are best. Programming is not needed; it learns what is […]
Artificial Intelligence, Asset Surveillance, Automation, Big Data, Big Data Analytics, Data Analytics, Digital, Digital Economy, Digital Platforms, featured, Google, IoT, Sensors, Technology
Big Data and Analytics, Digital Strategy
Program on Creating Valuable Digital, Social, and Mobile Touch Points with Customer Includes: Measuring & Managing Digital, Social, and Mobile Touch Points with Customers Strategies for Monetizing Big Data Opportunities for Creating Data Products Leading the Data Science Team Creating New Data for Digital Disruption Managing Data Assets for Growth and Innovation Professor Walker […]
Algorithm, Analytics, Artificial Intelligence, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Data Science, Data Visualiation, Digital, Digital Economy, Digital Platforms, IoT, Location Based Services, Mobile, Mobile Data, Monetization, Monetization Strategy, Northwestern University, San Francisco Analytics, San Francisco Big Data, San Francisco Data Science, Sharing Economy, Social Media Data, Technology
Big Data and Analytics, Digital Strategy
Revolv is a warning about how the digital economy will operate in the future. Revolv, the innovative home automation hub, that was purchased by Google’s Nest, recently announced that they will stop supporting all devices in the coming weeks.[1] Revolv’s home automation used radio signals to communicate with light switches, garage door openers, home alarms, […]
Analytics, Automation, Autonomous Vehicles, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Capture, Data Monetization, Data Products, Digital Disruption, Digital Economy, Digital Platforms, Digital Service, Driverless cars, Future of Cloud, Future of Digital Economy, Future of Digital Platforms, Future of IOT, Google, Hacking, Hacking Risks, Internet of Things, IoT, IoT Ownership, nest, Revolv, Sensors
Disney Does Digital…Very Well! The Disney dive into digital has many looking for lessons from this business leader. Disney supplies customers with Disney MagicBands, wristbands equipped with RFID technology.[1] The wristbands enable customer-level tracking, creating lots of data on transactions, customer check-ins, and customer movements. It is estimated that deploying this technology has cost Disney […]
Analytics, Automation, Big Data, Big Data Analytics, Big Data to Big Profits, Data Analytics, Data Breach, Data Capture, Data Monetization, Data Products, Data Science, Digital Platforms, Digital Strategy, Disney, Hotels, MagicBands, Mobile, Privacy, RFID
