MGT 310 - Big Data Analysis

Blockchain, quantum computing, augmented analytics and artificial intelligence will drive disruption and new business models.

Global trends are creating ever-larger winners and losers.

Exploring all things Digital Transformation

4 trends in digital transformation that the next year holds for IT.

Twenty years ago, we obsessed about Y2K and wondered if that dreaded digital anomaly would brick our devices and hurl us a figurative 100 years back in time. While the tech industry accelerated in the 1990s and then temporarily stalled out in the dawn of the twenty-first century, even futurists failed to anticipate the opportunities and disruption brought about by exponentially expanding digitization. “What—you’re not using your electric toothbrush’s remote toothpaste dispensing app on your iPhone 27 XLS?"

This report is the first in a new series from WIPO tracking the development of technologies through the analysis of data on innovation activities. It reveals trends in patenting of artificial intelligence (AI) innovations, the top players in AI from industry and academia, and the geographical distribution of AI-related patent protection and scientific publications. Its findings are accompanied throughout by commentary and industry perspectives from more than 20 of the world’s leading experts in AI, making it of particular interest to business leaders, researchers and policymakers.

Artificial intelligence is transforming all sectors of the economy, but there’s no reason to fear that robots will replace all human employees. In fact, companies that automate their operations mainly to cut their workforces will see only short-term productivity gains, say the authors. Their research, involving 1,500 firms in a range of industries, shows that the biggest performance improvements come when humans and smart machines work together, enhancing each other’s strengths.

Artificial intelligence (AI) can transform the cost of prediction based on the views of Rotman School of Management professor Ajay Agrawal. In his book "Prediction Machines: The Simple Economics of Artificial Intelligence," Agrawal discusses the implications of AI for business. The increasing importance of data, judgment, and action to businesses is also discussed.

A Forrester study predicts that enterprises must respond nimbly to address changing cloud markets and technologies.

The article discusses possible problems in the supply of magnetic tape used to back up data stored in cloud computing farms.

The article reports on the migration of Google's virtual desktops to a cloud environment. It mentions the planning phases that preceded the migration, the implementation of the technical details including test rollouts, and the actual process of migrating users and the lessons learned from the process.

Harvard Business Review article

The article highlights some of the Internet of things (IoT) and industrial Internet of things (IIoT) trends that will surge in 2018. It is said that many organizations are already incorporating IoT technologies into products, processes and workflows. Neil Barton, chief technical officer of data infrastructure automation specialist WhereScape, says that IoT capabilities will continue to expand rapidly due to technological advancements with sensors.

This paper reviews the recent literature on the use and abuse of personal data to identify relevant trends and issues.Findings It is likely, whether through blockchain technology or some other means, that individual consumers will be able to monetize their data.

The classical customer journey with its touchpoints is transformed into a lifelong, interactive customer relationship within an IoT-based product-service ecosystem.

Blockchain remains a mystery, despite its growing acceptance.

he authors discuss their study on the strategic business value of blockchain to major industries. They described a structured approach that companies can follow to examine blockchain strategies.

The article reports on the involvement of J.P. Morgan Chase in developing a blockchain technology. It mentions the comments of chief executive officer Jamie Dimon on blockchains, the work of developers Amber Baldet and Patrick Mylund Nielsen on the code for Zcash and its distributed accounting ledger Quorum, and Chase's future plans for blockchains.