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Smarter Decisions - The Intersection of Internet of Things and Decision Science

You're reading from   Smarter Decisions - The Intersection of Internet of Things and Decision Science A comprehensive guide for solving IoT business problems using decision science

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Product type Paperback
Published in Jul 2016
Publisher Packt
ISBN-13 9781785884191
Length 392 pages
Edition 1st Edition
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Author (1):
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Jojo Moolayil Jojo Moolayil
Author Profile Icon Jojo Moolayil
Jojo Moolayil
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Table of Contents (10) Chapters Close

Preface 1. IoT and Decision Science FREE CHAPTER 2. Studying the IoT Problem Universe and Designing a Use Case 3. The What and Why - Using Exploratory Decision Science for IoT 4. Experimenting Predictive Analytics for IoT 5. Enhancing Predictive Analytics with Machine Learning for IoT 6. Fast track Decision Science with IoT 7. Prescriptive Science and Decision Making 8. Disruptions in IoT 9. A Promising Future with IoT

Story boarding - Making sense of the interconnected problems in the problem universe


The problem solving journey is very long and iterative in nature. Once we have designed a version of the problem universe, we will have a fair understanding that solving the problem will definitely take much longer than we anticipated. The process being iterative in nature doesn't mean that seeing tangible results should take time. It becomes increasingly important to evaluate the value from results derived so far and the results expected in the roadmap designed.

In decision science, storyboarding (the art of conveying the results in the most lucid way) is of paramount importance. In fact, it is in any problem, but here when we have a holistic view of the problem, we know that the problem keeps evolving. At every step, it becomes increasingly important to realize the value delivered and the value that will be delivered by solving the connected problems. Storyboarding requires drafting the results in a sequence...

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