Cognitive Digital Twins A Digital Twin, as explained in the previous posts, is the sum of three data sets: one representing the model of the physical entity one representing the current status of the physical entity one recording the history of the physical entity, including the relations it had (like …
Read More »The economics of the Digital Transformation – VII
Digital Twins as independent economic entities Digital Twins are evolving rapidly. It started in the last decade with them being used as digital “mock-ups”, created by CAD systems. These mock-ups were refined till they could be used as digital specs for interaction with various groups in the company and with …
Read More »Manned drone racing: get ready for it
There has been an exponential growth in drones since they have become affordable for the mass market. Their use as an additional digital camera to complement, from a completely different perspective, the one in the smartphone has created a killer application. Including commercial drones and industry drones the 2020 market …
Read More »The economics of the Digital Transformation – VI
Part of the Digital Transformation result is the creation of a “mirror” world in the cyberspace that can be used to conduct business at a lower cost and without the constraints imposed by the physical world. This mirroring calls into play the concept of Digital Twins, software entities mixing data, …
Read More »The economics of the Digital Transformation – V
Once Leveraging on Data The Digital Transformation accelerates the generation of data and companies are learning to capitalise on those data, sometimes clashing with fuzzy regulation and unclear definition of ownership. Take the example of Tesla. Tesla have been designed through computer modelling and this process generates a digital model …
Read More »A chip to change the rules of the game
Digital Cameras, yes also the ones embedded in smart phones, have advanced functions for image recognition. The objective of those functions is to set the ideal focus and exposure to get a good photo. An experienced photographer might do a better job (although in cases where decision time is very …
Read More »The economics of the Digital Transformation – IV
Data as such is just a bunch of bits and their value is zero, since there are plenty of bits, they can easily be duplicated at zero marginal cost as well as transmitted from any point to any other point. The capability to interpret data and to derive a meaning, …
Read More »The economics of the Digital Transformation – III
Harvesting Data Value When one says “data are valuable” that’s not the complete truth. It is sufficient to look around at how many data are being used every single day for free (getting and using is almost a synonym in data, which is not the case in the world of …
Read More »Home-centric Hospital
We have seen over the last 70 years a progressive squeezing of size and decreasing of price of high tech systems to the point that it has become feasible the shift from centralisation to decentralisation. When I started working, “the computer” was a big, costly, machine that could only be …
Read More »The economics of the Digital Transformation – II
The Digital Transformation moves activities and processes to the cyberspace, hence it shifts the focus to data. Data are being used in the cyberspace assembly line to create value and these data are the raw material that will be converted into services or products using a variety of transducers (like …
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