Thursday, December 10, 2015

Transforming Signals into Business Opportunities

There are many signals and events that emerge in and around organizations. Now add to that the signals that are merging in a real-time fashion in the geopolitical world and markets that are changing daily. In addition, there will be many signals coming from the billions of things in the Internet of Things (IoT). If you don’t have a headache thinking about this right now, let me add some more complication for you. Like the “Transformers” in the highly successful movie series from Paramount Pictures, signals can disguise themselves, so they look normal. Now, not only do organizations have to capture many more signals to process, but they also have to figure out which ones really matter as they can transform into an opportunity or a threat. While individual signals could mean something to organizations as they could be leading indicators, it is generally true that business patterns emerge from a number of signals sensed over timeOnce recognized, these business patterns will require proper analysis, critical decisions, and appropriate actions. 

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