Succeed with Do-It-Yourself AI technology (DIY-AIT)

Reading time: 6 minutes DIY-AIT can be one of several valuable tactics for delivering superior operating performance in your mainline business. Apply it carefully, not universally. Be judicious. Use DIY for tactical, opportunistic projects, not major strategic initiatives. It’s also very useful for experimentation and learning. Do not try to emulate Amazon or Google Most big AI-technology leaders such as Amazon and Google “did it themselves” with AIT to achieve superior operating performance in their mainline businesses. They chose to make AIT available to others, both in open source and similar kits and as fee-for-services cloud-based DIY-AIT services. These DIY services are evidence of a “platform strategy.” A…

Autonomous Vehicles: What Transportation CIO’s Should Consider

In 2004, DARPA’s (www.darpa.mil) Grand Challenge offered $1Million to the team able to navigate 150 miles using “driverless” technology.  All teams failed. In 2019, autonomous vehicle (AV) technologies now appear to be the next horseless carriage revolution. Headlines read….   “Automobile manufactures are offering connected and autonomous vehicles. “ “Autonomous ride sharing services are available in Singapore.” “Autonomous vessels are navigating the fjords of Norway. “  “Expect 5G wireless networks and cloud infrastructures to facilitate higher speed network connections for AVs.” The headlines are accurate to some extent. AVs in certain scenarios are capable of self-driving.  Depending upon AI, cameras, LiDAR (radar), Machine Leaning, 3D mapping, sensors and…

Quantum Computing? Sit back and relax

Quantum Computing is unlikely to start emerging as a business opportunity for at least another five years. Nonetheless, some industrial R&D departments, the finance industry, and security vendors should start playing with it in case they still haven’t.

Trip report: Risk Summit highlights digital transformation and a tech start-up called PwC

On 27 and 28 March 2019, at PwC’s Risk Summit in Boston, PwC senior leaders and consultants in the risk assurance and consulting practices shared with their clients and over three dozen industry analysts their vision of how digital technologies are transforming both risk management and business performance.

Remote Healthcare

Larger companies looking at the healthcare market have an advantage in access to clients–most likely featuring affordability.

Healing the Blockchain

While blockchain-inspired technologies are slowly progressing, the full-blown Blockchain suffers from functional flaws and is hindered by a religious belief that decentralization be positively superior to centralization.

Decathlon’s Gambit: Mobility Is Key Just Ask The Pew

This week CIO magazine reports. The France-based sporting goods company Decathlon (www.decathlon.com) for its U.S. debut. Will offer mobile e-commerce payment options. Using only iPhones, Apple Pay and RFID tags. (https://www.cio.com/feature). Recently, I posted about Amazon’s mobile retail (mobile commerce) initiatives. That debuted in a few small stores. See, Scan-Pay-and-Walk-Mobile-Commerce-Is-No-Longer-Science-Fiction.  Over time, Amazon, due to customer demand, added a traditional cash payment option. Now Decathlon’s initial effort is with a full size store. Based on a third party’s omni-channel mobile retail platform. Allowing customers to interact with iPhone-equipped employees. To pay for items as they walk around. (www.newstore.com). Will it succeed?   In 2010, a pastor asked his…

How Amazon, Apple, Google and Microsoft Will Treat You

PART 2: Healthcare Opportunities and Challenges Can Amazon (www.amazon.com), Apple (www.apple.com), Google (www.google.com) and Microsoft (www.microsoft.com) transform the U.S. healthcare market? That is risk adverse to change and bureaucratic by rules. What can consumers and enterprises expect? I highlight some key areas for (Big Tech) innovation and challenges. Amazon is consumer focused on transforming retail and telemedicine services. Nationwide pharmacy. Amazon becomes a pharmacy. Due to the acquisition of PillPack. Consumers can expect online and brick and motor options. Order online or visit a Whole Foods pharmacy equipped with self-service kiosks. Telemedicine and Digital Assistants. Digital Assistants (Alexa/Echo) will track specific conditions from patients’ homes. Voice authorizations will…

Overview: Seven of my recent AI-related blog posts

Reading time: 4 minutes Here’s the story-line of seven of my AI-related blog posts published over the last three months, along with what I intend to focus on next.  Only 5% of US enterprises are investing in serious, AI-based business projects.  Data from PwC’s 22nd annual global CEO survey provides worth repeating. Five percent of US CEOs (and 10% of European CEOs) say their AI investments are either fundamental to their organization’s operations or broadly in use across the organization. Forty percent of US CEOs (and 39% of European CEOs) say their firms have introduced AI for limited purposes, typically pilots, prototypes, experiments or tactical applications. This feels…

Neural networks on steroids

Researchers have created a new circuit that could boost the performance of training neural networks.