Artificial Intelligence (AI) and facial recognition technology are not as new as most think. They have been around since the 1960s. Woody Bledsoe, a mathematician, computer scientist, and professor at the University of Texas at Austin was one of the founders of AI and facial recognition technology. At the time, Bledsoe’s primary supporters were the U.S. government and the CIA.
Each generation has its own ‘new frontier’ upon which it is defined; today’s is Digital Transformation. Digital Transformation is the DNA of next-gen technology and the genetic roadmap for tomorrow’s evolutionary tech genome, the Fourth Platform. At the cellular level of all of this is big data. The ability to analyze data on a global scale to instantly reveal behavioral patterns, correlations, market trends and customer preferences, will be a game changer; an order of magnitude shift in business intelligence.
This is the third in Andrea’s three part series on the competitive advantages of data proliferation. Parts One and Two are posted on Andrea’s LinkedIn page. In Part One Andrea discusses how channel partners are in a unique position to capitalize on data insights. Part Two looks at how Tech Data is enabling channel partners to succeed with analytics and IoT.
Channel partners, data is your best friend; it can even provide a significant competitive advantage to your business!
Today’s businesses and technology leaders are generating over 2.5 quintillion—yes, with a Q—bytes of data every day! And guess what’s in the data…? Information! Information about buying trends, markets, personas, and preferences.
Your customers look to you for expertise – so give it to them. Advancements in technology are happening at an exponential rate. To keep up, your customers are turning to you for your expertise and thought leadership to help them navigate the winds of change on their digital transformation journey. As their trusted advisor and advocate, you’ve seen your customers through many technology change cycles. Now those customers are embarking on a new path, integrating digital practices into all areas of their business.
A World of ‘Things’
When I was a kid, a specific reference to “things” had but one meaning – the twin brothers, Thing 1 and Thing 2 from Dr. Suess’ Cat in the Hat. Today, ‘things’ can be any number of things. The ambiguity of its meaning adopts an even more esoteric understanding when used in conjunction with the vastness of the internet.
So far in this blog series, I have identified the driving factors for cognitive computing and the differences between artificial intelligence and cognitive. Having a better grasp of cognitive computing context is valuable, but let’s focus on how you can apply it to your end-customers for solving their data-driven issues. Who or what would benefit from cognitive technologies?
May was a busy month for Data Analytics and IoT with conferences including IoT World, IBM Vision, Informatica World and SAP Sapphire. As industry leaders descended upon California and Florida, Tech Data was onsite to press the flesh, talk to customers, and gain a deeper understanding of business needs and use cases.