Data Is Eating the World: Enterprise Edition

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HT: ArchiTECHt

Enterprise Innovation:

With its 150-year history, over $2.4 trillion in assets, 37 million customers, and 4,000-strong presence across 70 countries, [HSBC] is an important financial institution in a heavily-regulated industry. “We have to make sure our customers feel confident and trust in us to be the custodian of their assets,” stated Darryl West, Group Chief Information Officer at HSBC, at the recently held Google Cloud Next conference…

“Apart from our $2.4 trillion dollars of assets on our balance sheet, we have at the core of the company a massive asset in [the form of] our data. And what’s been happening in the last three years is a massive growth in the size of our data assets,” shared West, pointing out that data at HSBC has grown tremendously from 56 petabytes in 2014 to over 100 petabytes as of early 2017. “Our customers are adopting digital channels more aggressively and we’re collecting more data about how our customers interact with us. As a bank, we need to work with partners to enable us to understand what’s happening and draw out insights in order for us to run a better business and create some amazing customer experiences,” said West.

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Machine Learning Beats Data Science for Top Tech Job By Salary

Rank Job Title Number of Postings per Million Average Base Salary Average Growth in Postings 2013-2016
1 Machine Learning Engineer 58 $134,306 36%
2 Data Scientist 360 $129,938 108%
3 Computer Vision Engineer 20 $127,849 34%
4 Development Operations Engineer 731 $123,165 106%
5 Cloud Engineer 217 $118,878 67%
6 Senior Audit Manager 53 $118,692 52%
7 Penetration Tester 3l7 $115,557 52%
8 Oracle HCM Manager 44 $113,107 41%
9 Full Stack Developer 641 $110,770 122%
10 Salesforce Developer 230 $108,089 83%

Source: IEEE Spectrum

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Data Is Eating the World: Supply Chain Innovation

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Crunchbase:

Venture capital investors have lately taken a keen interest in the logistics, supply chain management and shipping market, which measures in the trillions of dollars globally and in the hundreds of billions of dollars in the US alone.

Based on data from 502 deals struck with US-based companies in the supply chain management, shipping and logistics industries, it’s easy to see that investor interest has been piqued by this supposedly “boring” space. Over the past several years, there’s been a significant upswing in the amount of capital deployed into upstart logistics, shipping and supply chain management companies… Between the start of 2013 and the end of 2016, the amount of venture capital money invested into these industries essentially tripled, a positive change of 297% in the space of four years.

Louis Columbus:

The scale, scope and depth of data supply chains are generating today is accelerating, providing ample data sets to drive contextual intelligence. The following graphic provides an overview of 52 different sources of big data that are generated in supply chains Plotting the data sources by variety, volume and velocity by the relative level of structured/unstructured data, it’s clear that the majority of supply chain data is generated outside an enterprise. Forward-thinking manufacturers are looking at big data as a catalyst for greater collaboration. Source: Big Data Analytics in Supply Chain Management: Trends and Related Research. Presented at 6th International Conference on Operations and Supply Chain Management, Bali, 2014

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At the 2017 MIT Tech Conference,  Roboticist Helen Greiner, CTO of CyPhy Works, talked about her vision of an end-to-end automation of the supply chain, making it much more efficient than it is today. Greiner: “Up above the treetops is a highway waiting to be populated.”

[youtube https://www.youtube.com/watch?v=14V9XgygVHI?list=PLBABlxRC1HfvVjHtqcPiiJrPpOsfIaxua?ecver=2]
[Published on Mar 9, 2017]

CyPhy Works and Pilot Thomas Logistics are working together to bring innovative technology to the oil and gas industry. PTL is adding our persistent aerial solutions to their portfolio of services. We flew above PTL’s Mobile, Alabama facility to show their team what is possible with PARC.

This highlight reel includes targeted zoom to a bridge 3 miles away, standard and IR overviews of a tank farm, and vehicle tracking on both land and water. All this during roughly 25 mph winds; conditions that could down other drones.

PARC’s live feed was seen simultaneously at each company’s headquarters (in Massachusetts and Fort Worth, Texas) through CyPhy’s data platform. The next day a live feed was also streamed to IHS Markit’s CERAWeek –  the energy industry’s premier annual conference – as part of CyPhy Work’s Energy Innovation Pioneers presentations.

 

Source: CB Insights

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The Emoji Guide to Machine Learning

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Source: Emily Barry

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The Next Big Thing in Robotics

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Travis Deyle, Why Indoor Robots for Commercial Spaces Are the Next Big Thing in Robotics:

Venture funding for robotics has exploded by more than 10x over the last six years and shows no signs of stopping. Most of this investment has been focused on the usual suspects: logistics, warehouse automation, robot arms for manufacturing, healthcare and surgical robots, drones, agriculture, and autonomous cars…

There’s a massive, untapped market… Commercial spaces such as hotels, hospitals, offices, retail stores, banks, schools, nursing homes, schools, malls, and museums.

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Data Is Eating the World: Self-Driving Cars

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Intel’s CEO Brian Krzanich explained why the company was so keen to move into the world of self-driving cars.

“Many of you have asked why we think autonomous cars and vehicles are so important to Intel’s future,” Krzanich said in an email message to Intel employees on Monday.

“The answer is DATA. Our strategy is to make Intel the driving force of the data revolution across every technology and every industry. We are a DATA company. The businesses we focus on, and deliver solutions to, create, use and analyze massive amounts of data,” he wrote.

Source: Times of Israel

 

 

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The Dark Web

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Forbes.com:

The Web is like an iceberg divided into three segments, each with its own cluster of hangouts for cyber criminals and their digital breadcrumbs. The tip of the iceberg is the “Clear Web” (also called the Surface Web), indexed by Google and other search engines. The very large body of the iceberg, submerged under the virtual water, is the “Deep Web”—anything on the Web that’s not accessible to the search engines (e.g., your bank account). Within the Deep Web lies the “Dark Web,” a region of the iceberg that is difficult to access and can be reached only via specialized networks.

[youtube https://www.youtube.com/watch?v=YiaWU07i0uc]

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All Companies are Now Artificial Intelligence Companies

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A New AI Assistant for the Elderly

Startup Intuition Robotics emerged from stealth on January 11, 2017, announcing a social robot aimed at keeping older adults active and engaged. The design and actions of the artificial intelligence-based device, ElliQ, make it look and feel less like a traditional robot and more as a friendly and approachable digital companion. It is unveiled this week as part of the exhibition New Old: Designing for our Future Selves at The Design Museum in London and was developed in collaboration with famed industrial designer Yves Béhar and his studio, fuseproject.

intuition_robotics_57636_highres-2The world’s advanced economies are facing today the challenge of responding to the needs of a rapidly aging population (about 15% of people in the United States and 26% in Japan are older than 65). Loneliness and social isolation are serious issues that sometimes accelerate specific health conditions and worsen the physical disabilities of older adults. “We felt that in our next venture we wanted to do something that will have actual meaning and impact in people’s lives,” says CEO and co-founder Dor Skuler, a serial entrepreneur with background in cyber security and cloud computing, explaining the motivation for founding Intuition Robotics.

ElliQ was developed with the help of 24 older adults and their families, providing ongoing feedback to the development team and allowing them to directly observe their experience with the product. Other outside advisors include Professor Guy Hoffman of Cornell University (see his TED talk Robots with Soul) who assisted with making ElliQ socially expressive; Professor Gal Kaminka of Bar Ilan University, an expert on developing robots that are socially intelligent; and Don Norman, an expert on user-centered design (and former VP of Advanced Technologies at Apple and currently the Director of the Design Lab at the University of California, San Diego).

In a statement, Yves Béhar said: “The idea of having a robot companion is quite dystopian, especially for older generations. Through years of research, we were able to develop a design language and user experience that feels natural, with subtle expressions to develop a unique bond between ElliQ and its owner. ElliQ could never replace human interaction, but it can be an important motivating factor in keeping older adults healthy and active when living alone.”

The resulting product has a number of components: An LED lighting display which conveys subtle emotional expressions and give the device a friendly and warm personification; a separate screen that operates in a cradle display or in the user’s hand; and a cloud-based component, its first iteration being a chatbot linked to Facebook Messenger. Using machine learning, ElliQ learns the preferences, behavior and personality of her owner, and proactively recommends activities based on that history and recommendations by the owner’s family.

Knowing what to suggest and when and making the device emotive enough so the user likes it, are challenges that the developers of ElliQ have attempted to master. This was important given their goal of differentiating the product from other personal or home robots on the market today. According to Skuler, most existing products are general-purpose in the sense that they are not focused on the needs of older adults. And those that have been developed specifically for this segment of the population, by and large focus on physical disabilities (e.g., assisting with lifting and carrying). Another important difference is being proactive rather than reactive (ala Alexa or Siri), suggesting a relevant activity, at a relevant time, based on daily goals.

Why “ElliQ”? “Girl power,” says Skuler. Elli is the goddess of old age in Norse mythology and she is said to have defeated Thor in a wrestling match. The “Q” was added to make it a unique word in English, so it can be used as the “wake word” for the device.  And what’s next for the powerful and intelligent assistant? A trial phase in the homes of older adults in the Bay Area, California.

Originally published on Forbes.com

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Cloud Computing Cartoons

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