Tag: Wisdom

AnalyticsDigital OilfieldDigital TransformationDIKWIIoTIndustry and ApplicationsKnowledge Systems

[updated May 17, 2018] DigitalTransformation.Engineer This www.DigitalTransformation.Engineer website and blog site is a personal creation; a personal labor-of-love project. Through…

March 10, 2012 Thoughts on Data Mining

Data MiningDIKWKnowledge Systems

The term Data Mining does not convey the different aspects of data mining / knowledge discovery. The basic types of Data Mining are: Descriptive data mining, and Predictive data mining.

September 1, 2011 The Value of Real-Time Data, Part 2

DIKWKnowledge SystemsReal-Time

Predictive analytics is a combination of statistical analysis, behavior clustering, and system modeling. No one piece of predictive analytics can exist in a vacuum; … (3-part series)

August 31, 2011 The Data-Information Hierarchy, Part 3

DIKWKnowledge Systems

The Data-Information Hierarchy is frequently represented as
Data –> Information –> Knowledge –> Understanding –> Wisdom.

Or it is sometimes shortened to 4 steps, omitting Understanding. But, in fact, there are two predecessor steps: chaos and symbol. … (3-part series)

May 16, 2011 The Value of Real-Time Data, Part 3

DIKWKnowledge SystemsReal-Time

Data is never ‘in balance’, data always carries uncertainty, and the process cannot stop. Operations personally have learned to perform their job while waiting … (3-part series)