Agile Digital Transformation

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Agile Digital Transformation Authors: Jason Bloomberg, Liz McMillan, Pat Romanski, Elizabeth White, William Schmarzo

Related Topics: Time Series Journal, Agile Digital Transformation

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Falkonry: Insights-in-a-Box for Industrial Operations

An Intellyx Brain Candy Brief

Industrial operations is an industry primed to take advantage of advances in machine learning and predictive analytics. But in spite of the stories extolling this future, the current reality is a bit less utopian. Applying machine learning and identifying early predictors of equipment failure or quality issues is more difficult than it sounds. The reason is that these indicators are not one-dimensional and require many different data points from multiple channels (called signals) over time to generate reliable insights.

Discovering meaningful patterns from multivariate (coming from multiple signals), time-series data is the thorny problem that startup Falkonry is solving. The company’s platform can analyze historical and real-time operational data, deciphering the relationships within the data across multiple signal sources and over periods of time. Moreover, understanding the nature of industrial systems, the platform can work with irregular data sampling, data gaps, frequency content and other factors that are common in industrial operations.

But while being able to identify these complex patterns is critical, it is also meaningless if organizations cannot convert that information into actionable insights. The company, therefore, designed the platform to enable practitioners to use the system without requiring a large team of data scientists to make it work. Once practitioners connect the platform to data sources and allow it to ingest operational data, the system uses a mix of unsupervised and semi-supervised learning models to rapidly identify insights and give practitioners ‘knobs to turn’ that allow them to improve and deploy models without data scientists on staff.

Copyright © Intellyx LLC. Intellyx publishes the Agile Digital Transformation Roadmap poster, advises companies on their digital transformation initiatives, and helps vendors communicate their agility stories. As of the time of writing, none of the organizations mentioned in this article are Intellyx customers. To be considered for a Brain Candy article, email us at [email protected].

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More Stories By Jason Bloomberg

Jason Bloomberg is a leading IT industry analyst, Forbes contributor, keynote speaker, and globally recognized expert on multiple disruptive trends in enterprise technology and digital transformation. He is ranked #5 on Onalytica’s list of top Digital Transformation influencers for 2018 and #15 on Jax’s list of top DevOps influencers for 2017, the only person to appear on both lists.

As founder and president of Agile Digital Transformation analyst firm Intellyx, he advises, writes, and speaks on a diverse set of topics, including digital transformation, artificial intelligence, cloud computing, devops, big data/analytics, cybersecurity, blockchain/bitcoin/cryptocurrency, no-code/low-code platforms and tools, organizational transformation, internet of things, enterprise architecture, SD-WAN/SDX, mainframes, hybrid IT, and legacy transformation, among other topics.

Mr. Bloomberg’s articles in Forbes are often viewed by more than 100,000 readers. During his career, he has published over 1,200 articles (over 200 for Forbes alone), spoken at over 400 conferences and webinars, and he has been quoted in the press and blogosphere over 2,000 times.

Mr. Bloomberg is the author or coauthor of four books: The Agile Architecture Revolution (Wiley, 2013), Service Orient or Be Doomed! How Service Orientation Will Change Your Business (Wiley, 2006), XML and Web Services Unleashed (SAMS Publishing, 2002), and Web Page Scripting Techniques (Hayden Books, 1996). His next book, Agile Digital Transformation, is due within the next year.

At SOA-focused industry analyst firm ZapThink from 2001 to 2013, Mr. Bloomberg created and delivered the Licensed ZapThink Architect (LZA) Service-Oriented Architecture (SOA) course and associated credential, certifying over 1,700 professionals worldwide. He is one of the original Managing Partners of ZapThink LLC, which was acquired by Dovel Technologies in 2011.

Prior to ZapThink, Mr. Bloomberg built a diverse background in eBusiness technology management and industry analysis, including serving as a senior analyst in IDC’s eBusiness Advisory group, as well as holding eBusiness management positions at USWeb/CKS (later marchFIRST) and WaveBend Solutions (now Hitachi Consulting), and several software and web development positions.