In association withHitachi Vantara
Across industries, for companies large and small, vast new data streams are now the guiding force behind new revenue opportunities and the catalyst for dramatic operational makeovers. In a Midwestern field, for example, a moisture and soil temperature sensor network helps farmers reap data-driven insights that drive better decisions on everything from seed selection to crop yield. In a congested city, a transportation provider taps telematics data and predictive analytics to assess and remap routes, saving millions of gallons of fuel, cutting hundreds of metric tons of carbon dioxide emissions, and shaving off hundreds of millions of dollars in costs.
From innovation to monetization: The economics of data-driven transformation
While there’s no question that big data is the key to business success in the analytics-driven future, the sheer volume of data collected is not the defining competitive differentiator— rather, it’s what companies do with that data that determines whether they win or lose.
To capitalize on the promise of data-driven innovation—whether the goal is increasing productivity or monetizing new products and services—companies first need to build the proper foundation, which includes establishing processes and policies for gathering, cleansing, organizing, and accessing their data.
To ensure that organizations harvest the most value from their data, the processes must be adaptable to changing needs and able to create a data pipeline that places a premium on analytics.
To download the full executive brief click here.
This startup wants to copy you into an embryo for organ harvesting
With plans to create realistic synthetic embryos, grown in jars, Renewal Bio is on a journey to the horizon of science and ethics.
This artist is dominating AI-generated art. And he’s not happy about it.
Greg Rutkowski is a more popular prompt than Picasso.
VR is as good as psychedelics at helping people reach transcendence
On key metrics, a VR experience elicited a response indistinguishable from subjects who took medium doses of LSD or magic mushrooms.
This nanoparticle could be the key to a universal covid vaccine
Ending the covid pandemic might well require a vaccine that protects against any new strains. Researchers may have found a strategy that will work.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.