MIT Sloan School of Management
The COVID-19 pandemic has disrupted everything from consumer behavior to supply chains, and the economic fallout is causing further changes. The data analytics field faces a complicated problem: how to use past data, and predict future behavior, in the face of uncertainty. Few organizations are facing business as usual or as expected.
“It’s hard to get good data about the future, so we have to use data from the past,” said Thomas Davenport, a professor at Babson University and fellow at the MIT Initiative on the Digital Economy. “And if the past is no longer a guide to the future, we’re going to have a tough time doing any sort of predictive analytics.” Full Article
Scale data is very important for companies to receive and record information. Nowadays, the majority of companies are still recording data by hand and transposing the information to spreadsheets or other digital formats. As technology continues to advance, many customers want to obtain the weight data in digital format directly from the scale to minimize human error and increase efficiency and reporting.
Getting weight data from the scale requires special equipment to allow the scales to communicate with other devices. This article will go over the different types of equipment and how they are used to communicate with the scales. The five main types of communication are: serial, ethernet, fiber optic, USB, and analog (0-10 V or 4-20 mA). Full Article
I think it’s safe to say that we’re all ready for a fresh start in 2021, though that doesn’t mean we’ll get it.
The chief research officer for business intelligence analyst ABI Research kicks off the firm’s annual trends report by acknowledging that 2020 was one of the most challenging years the world has ever seen.
So what happens next?
The ABI team has assembled a list of 68 predictions of what they believe will and will not happen in 2021, though the foundational premise of the report is clear: technology, say the researchers, will be "the most powerful tool in ensuring corporate health."
Today we’re discussing emerging technologies, and ABI has some ideas of what to expect.