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Iowa State University Advantage for Data and Analytics Discussion

Iowa State University Advantage for Data and Analytics Discussion

Iowa State University Advantage for Data and Analytics Discussion

Question Description

Questions to answer and turn in … note that there are three (3) questions for this article:

1) A passage from the article: “… when Moore’s Law delivers more and more computing power to the edge, then today’s simple sensors will transform to be full-blown computers that can capture data, apply predictive analytics, use all means to engage a customer, leverage customer scoring analytics to offer coupons, transmit data to their owner, and even change their own behavior when new intelligence is sent to them or they learn from their audience.” (p. 334) What is Moore’s Law? What does it suggest or tell us? Is it “valid,” or is it a made-up concept that is more ‘vapor’ than substance?

2) A passage from the article: “A recent MIT report asserts that while companies were realizing only limited competitive advantage from data and analytics in 2013-2015, that trend has reversed. Data and analytics are being leveraged to innovate existing operations as well as to create new business processes, services, and business models.” And a bit further down the page: “They also conclude that smart machines create opportunities for innovation but evidence of smart machine deployment combined with AoT deployment remains elusive.” (p. 336) Multiple parts to the question follow:

    • Why do you think the data from 2013-2015 show little-to-no competitive advantage for data and analytics?
    • Why has that trend or conclusion (apparently) reversed?
    • If “opportunities for innovation” are being created by “smart machines,” why is the evidence of deployment apparently so illusive? Explain

3) The author makes a ‘big deal’ out of the idea of “AoT Governance,” suggesting it is dramatically different from more traditional (IT) governance. Is it really that different from traditional approaches to governance? If ‘Yes,’ explain; if ‘No,’ how is it different? Why are these similarities or differences or important? Explain/Discuss.

4) For fun, why the analogies to the ‘Wild West’ and to Westworld?

Please upload a copy through the Assignments section of Canvas. Include your name at the top of the file you submit! This should be a total of no more than 2 single-spaced pages. (Try to not be too brief, i.e., it is better to put a bit too much rather than a bit too little, as long as the material really does address the question you are answering.)

Please single-space, use 1-inch margins all around, and use a 12-point font (Times New Roman is preferred). Double-space between paragraphs.

Clearly indicate the start of each question (i.e., something more than just a new paragraph) with a number. (You may restate/repeat the question, but recognize that this will use up some of the potential space you might need to respond to the question.) Use paragraphs to break up and present your answer, i.e., a long, single paragraph will usually not be sufficient, or appropriate. Breaking material into bullet points is also OK in many cases, with adequate discussion of each item.

As you might expect, it is very important to actively practice good writing skills, including proper sentence structure, punctuation, etc. Poorly written material can/will detract from even great ideas; if you can’t communicate the idea successfully, your great idea may be misunderstood, discounted, or ignored. Therefore, (too many) mechanical mistakes in your writing can/will result in a lower grade. If/When you directly quote material or when you include material from other sources, be sure to properly cite and reference the sources (using an appropriate structure/format), i.e., don’t plagiarize!

And, try to not just repeat the outline of major sections/subsections from the article, i.e., work to put things in your own words and with your own emphasis.

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