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Wednesday, December 11, 2019

Autonomous Entities

Also a strong interest of mine, how close are we to building such systems and trusting them in every day life?  Certainly too, in the near term such systems will contain people and other agents that will require monitoring and cooperative behavior.

Creating Autonomous  Entities: Optimizing Systems of Subsystems
Posted by Bill Schmarzo in DSC

I continue to be infatuated with the potential of autonomous entities that self-monitor, self-diagnose, self-fix and self-learn without human intervention.  The vision of leveraging new digital technologies, growing reams of customer, product and operational data, and advanced analytics to create autonomous entities – farms, oil fields, factories, airports, theme parks, vehicles, ships, trains, etc. – seems like science fiction.

Fortunately, the “3 Horizons of Digital Transformation” framework provides a roadmap leveraging for 1) today’s market share grabbing operational excellence initiatives to 2) advance to tomorrow’s IoT-induced smart entities that seek to optimize across interrelated use case decisions that lead to 3) the future world of autonomous entities that optimize their operations across a holistic and comprehensive utility function without human intervention (see Figure 1).

This blog will explore how organizations can build out their digital, data and analytic capabilities today in order to strive towards that Horizon 3 autonomous entity vision of the future.  But it won’t be a big bang approach to creating a Horizon 3 autonomous entity.  Instead, it’ll require mastering the economic power of data and analytics.  .... "

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