Professional Documents
Culture Documents
Advantage
Mukund G Kallapur, Mtech
Guest Faculty, BITS Pilani
Today’s Agenda
• Why every business is now a data business
• The astonishing growth of big data and the Internet of Things
• How Data Analytics Is Shaping What You Watch – Wharton Case Study.
Industry 4.0
• Information Transparency
• Technical Assistance
• Not only the jobs of factory workers, drivers etc but more sophisticated
jobs too are on the line.
• Insurance
• Architects
• Financial Industries
• Human Resources
• Marketing Strategy.
• It was tested on a ‘connected washing machine’, that was able to track the
usage of detergents, place orders, and make bitcoin payments for buying
detergents – all on its own.
• Companies who do not embrace this paradigm shift will be left behind
!!
• Data strategy should be such that it should cover at least one of the
uses of data in business which we saw earlier.
• Understand which questions can be answered by the data and then collect
and analyse only that data which will help answer those questions.
• Smaller organizations may not need a CDO and the leadership team
can carry out the responsibilities otherwise by taking assistance of an
external data consultant.
• IoT, Sensors, high speed internet have revolutionized and are mainly
responsible for so much of data.
• https://www.bernardmarr.com/default.asp?contentID=1264
• https://medium.com/@cjriggio3/big-data-at-dominos-pizza-77a09178
8a80
• https://www.persado.com/2018/07/good-email-subject-lines/
• https://teks.co.in/site/blog/blockchain-in-iot-the-future-of-smart-con
nectivity/
• https://medium.com/@talentquestforindia/role-of-statistics-in-mumb
ai-indians-success-3145c0171bc0
• https://www.airport-technology.com/news/hyderabad-international-a
irport-iot-enabled-smart-trolleys/