Today, there are as many pieces of digital information as there are stars in the universe.
In addition to being a preeminent Silicon Valley vascular/endovascular surgeon, Dr. Singh is an inventor, entrepreneur and CEO/Founder of Fist Assist Devices, LLC.
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Over the past decade, my research team has been working to understand best practices in the implementation of supply chain analytical and managerial technology. Our work was initially funded during the birth of the era of Big Data analytics, when very little attention was being paid to the field of study. Since then, new analytical […]
The terms “big data” and “data-driven” form the basis of critical initiatives developed and rolled out at the highest level of management. To make these concepts come to life, however, everyone in the organization must shift their mindset from gut feelings and instincts to a more scientific approach that recognizes the unfathomably large amount of data available today.
I hope our analytics students have the same attitude
about solving problems that
I had about building a car.
Innovation found in car line at school.
Data analytics can provide enormous benefit to a business that uses it properly, but it can’t do everything and should not be seen as the magic bullet for every business challenge. Although it can inform and influence human insight and judgment, it can’t replace those qualities in the operation of a successful company.
Next to the F-22 fighter plane and the Space Shuttle, a Formula 1 car may well be the most sophisticated piece of high-performance machinery humans make.
These businesses have provided solid evidence that data analytics, combined with careful strategy, can make the seemingly impossible happen.