From Dreamliner to Nightmare
Complex systems fail in complex ways not anticipated by engineers. You can over-engineer the systems, test every imaginable scenario, build redundant system coverage, test again. and you can still fail. Boeing’s nightmare is just beginning, their latest generation airplane, the 787 Dreamliner, has been grounded because of fire danger in the lithium ion batteries [...]
IBM On Business Analytics In Banking
I was on an IBM analyst call on analytics in banking, featuring Laurence Trigwell, who is responsible for IBM’s business analytics strategy for the Financial Services industry. In response to a number of challenges that banks (and other financial institutions) are facing, he identified three key initiatives for these companies: Creating a customer-focused enterprise Optimize [...]