Testing the Big Data Business Model Maturity Index

Let's say that your business initiative is to "reduce unplanned operational downtime." That's a business objective that can apply to many industries including manufacturing, entertainment, transportation, oil and gas, power, financial services, telecommunications, and healthcare. And with the bevy of IoT devices and sensors exploding on the marketplace, now would be the perfect time to address this wide-ranging, value-destroying operational problem.

Reducing unplanned operational downtime, however, is more than just an IoT challenge, because the source of much of your unplanned operational downtime may have nothing to do with machinery and device problems. Instead, it may have lots to do with those pesky human customers and their unreliable behavioral patterns. So be sure to contemplate both human and device behavioral patterns. You can use Table 1.1 and Figure 1.5 to help with your homework assignment.

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