"Practical AI" might seem like an oxymoron to some. But that’s only if you view artificial intelligence as a futuristic and unrealistic pursuit. Kirk Borne, PhD, decidedly does not. Borne is the Principal Data Scientist and an Executive Advisor at global technology and consulting firm Booz Allen Hamilton. In this
At the risk of oversimplifying, I think of artificial intelligence as what becomes possible after you’ve fully embraced analytics and you’re starting to get bolder about how to use it. Your models are getting better, your predictions are more accurate, your results are stronger and over all, confidence grows in
There's been a lot of hype regarding using machine learning (ML) for demand forecasting, and rightfully so, given the advancements in data collection, storage, and processing along with improvements in technology. There's no reason why machine learning can't be utilized as another forecasting method among the collection of forecasting methods
Virtual reality (VR), augmented reality (AR), eXtended reality (XR), mixed reality (MR), spatial augmented reality, hybrid reality. That's a lot of new technology and a lot of acronyms for a philosophical concept that has been pondered for millennia: what is reality? An intelligent reality is a technologically enhanced reality that
There will be more than 55 billion IoT devices by 2025 – more than four devices for every person on earth. That means that big data is only getting bigger. All of that high frequency, high velocity data from connecting the physical world to the digital world is available, and
When it comes to forecasting new product launches, executives say that it's a frustrating, almost futile, effort. The reason? Minimal data, limited analytic capabilities and a general uncertainty surrounding a new product launch. Not to mention the ever-changing marketplace. Nevertheless, companies cannot disregard the need for a new product forecast
The first person to live to 150 has already been born. When I first heard this controversial idea, popularized by biomedical gerontologist Aubrey de Grey of the SENS Research Foundation, it gave me chills. It’s amazing to think we could have 50 more years to spend with loved ones and
The potential for artificial intelligence (AI) and the Internet of Things (IoT) to transform the way health care and therapies are delivered is tremendous. It’s not surprising that the health care and life sciences industries are being flooded with information about how these new technologies will change everything. While it’s
This Is the latest installment in my series of posts dedicated to describing IoT applications in retail. Why do I want retailers to move more quickly in their widescale adoption of IoT in the coming year? Because I'm confident they'll see results, and these use cases help explain how. As
By now, we're all aware of the seismic shift occurring across industries as a result of the Internet of Things. But do we all see the changes in the same light? From where I sit, there's still a wide gap in viewpoints and perspectives. In its simplest form, we often
