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Yearly Archives: 2016
Industry 4.0: The Next Industrial Revolution: Big Data + Compute Power + Machine Intelligence
Industry 4.0 is how some describe the transformative effect that technology is having on manufacturing. Daniel Pacthod, VP of McKinsey, said that “the next level of Industrial Revolution is soon approaching and technology is helping us reach that point seamlessly.…
Cloud Computing: Cloud Cost Benefits Now Trail Others Like Efficiency, Security, Flexibility, Scalability and Speed
There once was a time when the major benefit of using the cloud was cost. The cloud introduced the idea of being able to buy services just like a utility, paying only for what you use. The new cost structure…
Internet of Things (IoT): Technology Constrained by Lack of Standards
The Internet of Things (IoT) is expected to connect up to 50 billion devices to the internet by 2020 with spending on the technology topping $235 billion this year. Andrew Begin, senior strategist at Mirum Global, said that IoT has “caught fire in a big…
Machine Learning: One Step Closer to Supercomputers that Can Fit in your Pocket
Machine learning is a branch of computer science related to artificial intelligence that attempts to enable computers to learn and make predictions and decisions based on collected information. Increasingly, machine learning is being done with machines equipped with GPUs. The current generation…
Big Data: Data Quality Trumps Size of Data Sets
Big Data has the potential to provide enormous insight. But the usefulness and accuracy of Big Data depends almost entirely on the quality of the data sets that are used. A recent report from the American Institute of CPAs (AICPA) found that…