2017 in review: When strategy collided with data

The year 2017 saw renewed disruption as the number of firms exploiting the data network by tapping into new information reserves increased day by day

artificial intelligence, AI, technology
Photo: Shutterstock
Business Standard
Last Updated : Dec 28 2017 | 10:13 PM IST
Advancement in technology has brought about significant changes in the way we see the world. Data analysis has led from the front and changed the strategies for the industry. Data has almost become the new currency with economic and societal value. The year 2017 saw renewed disruption as the number of firms exploiting the data network by tapping into new information reserves increased day by day. 

When bits and bytes drowned tone

If you’re using your face as a password to unlock your devices, tech has already learned how to “see” you. Mapping what you feel based on your facial expressions is probably right around the corner. Is that a hungry face I see there or is it a sex-starved face, is only one of a million probabilities that some AI will decode and interpret and send you commercial messages, as a result, right? Click to read the full story.

Reorienting talent to biz development

The fact is, technology has leapfrogged many times more than the productivity of firms. As established names struggle to play catch-up with more nimble-footed adversaries, there is a scramble for talent that can understand and cope, nay, led the business transformation. We see companies reorienting their workforce to newer areas of business development. Digitisation of the supply chain is in full swing in many as an example. Click to read the full story.

How data became the key tech driver

As the digital age unfolds before our eyes, data has become the new currency with economic and societal value. The interplay of transmitted data and its spiralling growth is steadily affecting the world economy. Global businesses are disrupting age-old models to build products and services that can predict and preempt value. Click to read the full story. 

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