For a business that is not yet well established, their path to success lies in providing the best quality of their services and products. Businesses value quality over quantity.
Recently, someone close to me was diagnosed with cancer. Due to a series of missed phone calls on both sides, he had not heard the results of his biopsy prior to his follow up appointment. When his young doctor walked in, he started with “so you know you have cancer, right?” I just wanted to scream “what the hell!” when hearing this story. It is never easy to give someone bad news, but this obviously was not the way to do it.
Biases in big data, intentional or unintentional, can lead to erroneous judgments and inferior business outcomes. Today, businesses are aware that a huge part of their decision-making is impacted by big data. The large availability of data does not warrant its relevancy and neither does the analysis of big data by data scientists and analysts, as human judgment can sometimes be flawed.
It's the 88th Geneva Motor Show this week and I have a sneaky press day preview to show you the hot metal at this years event. There are 180 exhibitors this year with a total of 110 new vehicles being premiered. Over 700,000 people will be attending the event at the Palexpo Convention Centre to pore over the latest polished metal (or carbon fibre) from the World's top car marques.
Transformation with blockchain has enabled new and state of the art technologies to reform the way we exchange value. Considered as the second generation of the Internet, blockchain was introduced with the aim to ease and secure transactional processes. Although a relatively new technology, blockchain is booming. In 2017, the global market for the blockchain technology became as big as 339.5 million U.S. dollars in size and is forecasted to grow to 2.3 billion U.S. dollars by 2021.
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