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The Economics of Data, Analytics, and Digital Transformation

You're reading from   The Economics of Data, Analytics, and Digital Transformation The theorems, laws, and empowerments to guide your organization's digital transformation

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Product type Paperback
Published in Nov 2020
Publisher Packt
ISBN-13 9781800561410
Length 260 pages
Edition 1st Edition
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Author (1):
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Bill Schmarzo Bill Schmarzo
Author Profile Icon Bill Schmarzo
Bill Schmarzo
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Table of Contents (14) Chapters Close

Preface 1. The CEO Mandate: Become Value‑driven, Not Data-driven 2. Value Engineering: The Secret Sauce for Data Science Success FREE CHAPTER 3. A Review of Basic Economic Concepts 4. University of San Francisco Economic Value of Data Research Paper 5. The Economic Value of Data Theorems 6. The Economics of Artificial Intelligence 7. The Schmarzo Economic Digital Asset Valuation Theorem 8. The 8 Laws of Digital Transformation 9. Creating a Culture of Innovation Through Empowerment 10. Other Books You May Enjoy
11. Index
Appendix A: My Most Popular Economics of Data, Analytics, and Digital Transformation Infographics
1. Appendix B: The Economics of Data, Analytics, and Digital Transformation Cheat Sheet

Composable, Reusable, Continuously Learning Analytic Module Architecture

Figure 6.2 shows a state-of-the-art (as of 2020) analytic module architecture. The architecture is comprised of numerous open source components (MLflow, Seldon Core, Jupyter Notebook, Python, Spark ML, TensorFlow, and so on) built upon a Kubernetes and Docker foundation to facilitate the reuse and portability of the analytic modules across cloud hyperscalers (Amazon Web Services, Google Cloud Platform, Microsoft Azure) as well as on-premises and within embedded product environments.

Figure 6.2: Composable, Reusable Analytic Module Architecture

These composable, reusable, continuously learning analytic modules have the following capabilities:

  • Pre-defined data input definitions and data dictionary (so it knows what type of data it is ingesting, regardless of the origin of the source system)
  • Pre-defined data integration and data transformation algorithms to cleanse, align, and normalize...
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