BIZTECHBUZZ in the world of social, cognitive, IoT and startups

Tag: big data (Page 3 of 14)

Answering some of your WATSON questions! Summary of Watson Announcements

Happy Monday!    Yes I am at NRF today but see the breadth of questions coming in from IBM’s announcements last week on Watson so I would like to summarize in a blog post!

With the introduction of the new Watson group comes a host of supporting activity including a new headquarters in Silicon Alley section of New York, over 2500 professionals staffing and over a Billion dollars in funding.

•We’ve added two new offerings also announced today further expand our cognitive portfolio:
1. The IBM Watson Discovery Advisor will discover connections within Big Data to help organizations speed up research and bring new innovations to market.
2. IBM Watson Analytics will revolutionize how business users—from C-level to front-line—discover, visualize and share Big Data insights.
•We’re continuing investment in research to push the boundaries of cognitive systems
•And we’re continuing to push the Ecosystem initiative forward with direct investment in partnerships and moving toward additional partners within the program!
Watson Announcements

Watson Hot News !!! $1B, $100B, 51

Today IBM unveiled its plans to embark on a bold new direction with Watson by launching the IBM Watson Group, a new business unit dedicated solely to the development and commercialization of cloud delivered cognitive innovations. This is a strategic shift by IBM to accelerate into the marketplace a new class of software, services and apps that think, improve by learning, and discover answers and insights to complex questions from massive amounts of disparate data.

I am here in the room in downtown NYC at this announcement Event!

Through the IBM Watson Group, IBM will continue to provide our academic partners with the types of tools and resources needed to help students build the T-shaped skills (discipline depth and cross-industry breadth) needed to succeed in the era of cognitive systems. This includes new workshops and seminars at its headquarters on topics such as development skills and techniques, as well as networking opportunities for students, academics and professionals.

Following are key details about today’s announcement:

  • IBM will invest more than $1 billion into the Watson Group, focusing on development and research and bringing cloud-delivered cognitive applications and services to market.
  • This will include commitments of $100 million in venture investments to support IBM’s recently launched ecosystem of start-ups and businesses that are building a new class of cognitive apps powered by Watson, in the IBM Watson Developers Cloud.
  • The IBM Watson Group will have a new headquarters at 51 Astor Place in New York City’s “Silicon Alley” technology hub, leveraging the talents of approximately 2,000 professionals, whose goal is to design, develop and accelerate the adoption of Watson cognitive technologies.

There are several other ways in the near future that you can learn more about the new IBM Watson Group and the way that cognitive systems will transform how we live, learn and conduct business:

  • Register for a virtual conversation on Jan. 17 with Katharine Frase, IBM vice president and chief technology officer, global public sector and Chalapathy Neti, IBM director of education transformation research about the role of cognitive computing in education.
  • Attend IBM Global Entrepreneur Week virtually or in person, Feb. 3-7, for online and in person venture and startup focused events including a presentation from Fluid, a startup using Watson technology to transform the retail industry.

As always, please reach out to us with any questions, ideas or opinions about the IBM Watson Group. We invite you, your students, colleagues and network to join us in the ongoing conversations about IBM Watson via social media using #IBMWatson. You can also watch this video series that brings the IBM Watson story to life.

Let's go fly a kite! The Social Flight!

This weekend I went to see “Saving Mr Banks” which is the story about how Disney received rights to the character of Mary Poppins! (It was a great movie!)  My favorite part of the movie was how the song “Let’s go fly a kite” came to be — and it got me thinking about kites and social.

There’s an old saying in China – “those who fly a kite can have a long life.”   Interesting — kite flying on a regular basis can lead to longevity!

What does fly a kite mean in the Social Business world?

Get started — and keep trying! You may not be able to get the kite up the first time. Keep going — endure the failure! The same is true for Social. Starting is the hardest. You may experience some failure — ensure through it and learn the ropes!
Practice! To fly a kite, you need to practice. My daughter and I tried multiple times at the beach and finally got the kite up! In Social, to really see results, you need to keep going and practice! Social requires learning the tools and the practices as well as your clients.
Fun! Yes, flying a kite is fun. It is relaxing. Social is the same. Keeping touch with your clients is fun — not just the business side but the personal as well!

Jingle Bells, Social Sells!

Happy Holidays and Merry Christmas!!!

I love social selling, and the impact it has on business.   Social selling is shown to drive measurable results.   The Best Reps are not just present in Social Media, they position themselves as credible and influential sources in customer networks.

In a recent joint study conducted by WetPaint and the Altimeter Group of the top 100 brands engaged in social media, a significant correlation was drawn between a brands depth of social media engagement and revenue growth. Companies that scored the highest marks for social media activity, on average had increases in revenue growth of 18% over the last 12 months, while social media laggards saw revenues drop 6% over the same period.

Tell me your experiences!

Leadership matters! One of the Top 5 Social Business Questions Answered!

One of the Top 5 questions people ask me is does it matter if your leaders are sold on social and the answer is YES!

Getting your executives to buy into the concept of a social business in most cases is something that they will either get straight away or not.  Those who are switched on to “modern” technology will not need much convincing that implementing social technologies in the workplace will improve communications and enhance productivity.  Those who don’t see the need for it, of course, require a little more persuasion.

leader
However you arrive at their participation, they will most likely be nervous about stepping into a less controlled environment.  It’s a bit like them going to the local swimming pool where all the employees swim.  There’s no hiding!

How do you approach executives who are not Social?!

My advice to getting them into the water is to let them observe for a while.  Get your enthusiastic evangelists publishing and propose that your leader checks in on these things.  With their permission ask a public question.  By that we mean something they will be happy to answer in public.  Encourage your other trusted evangelists to do likewise.  Use the fact that you have a team of enthusiastic users to vary the method of interaction.  Ask in a forum post for a suggestion, ask in a micro-blogging entry something else.

Make it easy for your leader to get into the water by making it easy for them to answer.  A couple of short sentences for the first few answers to things is all that’s needed.

Once you have the leader taking part, albeit on a light basis, we need to convince the leadership team that they too should look at taking part.  That team will only see value in doing this if they see the chief doing it.

The leadership team will likely be nervous about what their own areas of the organization are putting into the social system – they will be concerned that their dirty laundry might be getting washed in public.  Try to quash this concern.  Remember that a social business is one which is engaged and transparent (and nimble).

Show your leaders that by participating in the system and answering cross-departmental or cross-organizational issues their area of the business shows its value.  Remember – your value is in what your share – not what you know in a social business.

Commitment

Altimeter’s report shows that only about 1/2 of executives are engaged.  How do you get that commitment in your organization? 

leadership factoids

Having a strong commitment among the leaders in the organization sets the tone, volume and enthusiasm for the use of the system.  Remember that in any organization the leadership team are essentially “celebrities” and when they post information or participate in the system the staff become engaged.  As an analogy to this, while many people consider the old-fashioned two-page memo from the chief executive setting out policy and priorities to be deadly boring, everyone reads it.  Everyone engages.  So to get the engagement, to cross the social chasm, you need your leaders to start becoming more transparent.

You can facilitate this slowly by driving engagement from your core Social Business team from below.  Encouraging the execs to take a more active role in forum discussions, making the technology available to them on their chosen mobile device and empowering the gatekeepers to your execs – the secretaries – are all good ways of driving top-down participation which in turn drives bottom-up engagement.

Reverse mentoring as a technique for helping with engagement.  You should, however, consider preparing the ground by producing some executive training materials.  An executive handbook – amounting to a maximum of 5 pages of tips and tricks, some one-to-one time, and perhaps a presentation provided to them on paper or some other medium to help them get into the concept are all good approaches.  Above all show them that these are “special” materials – these are designed only for them.  They are intelligent people and like to be treated that way.  Give them the facts in tweet-size points.

Ask if you can check in on them from time to time.  If you get their approval then MAKE SURE YOU DO IT REGULARLY.  But not too regularly to avoid getting on their nerves!

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