Cover image for Cloud Wars Live podcast with Tony Uphoff
Cover image for Cloud Wars Live podcast with Tony Uphoff

Is Big Data Overhyped? | Uphoff on Industry

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Each month, Tony Uphoff, visionary CEO of Thomasnet.com, joins Cloud Wars Live for a recurring segment. “Uphoff on Industry” will explore the innovations, upheavals, and breakthroughs reshaping the the world of manufacturing and industrial markets. Join Tony and me as we discuss disruptive new trends in the digital-industrial world. Today, we explore why, though we’ve seen extraordinary advances in big data, data analytics and data science, it’s harder to find examples of extraordinary insights of the use of big data.

Episode 27

The Big Themes:

  • Why isn’t big data producing big insights? In our last episode we tee’d up the idea that while we have seen extraordinary advances in big data, data analytics and data science, it’s harder to find examples of extraordinary insights of the use of big data.
  • How should business leaders factor human judgement: In his latest book, “Noise,” Daniel Kahneman, a Nobel Prize winning economist suggests that the issue is about human judgement and not data.
  • The era of augmented intelligence: We are seeing some remarkable advances in AI and ML learning — and there are wide ranging implications for business, politics, and society.
  • Many companies are rethinking what “return to office” means: As major companies announce return to office, employees have seen the benefits of remote work.

The Big Quote:

  • “We’re spending a lot of time watching artificial intelligence takeoff in the industrial marketplaces and manufacturing marketplaces.”
  • “So this is a human element and there is an X-factor oftentimes in human interactions that is very difficult to articulate.”
  • “And this is a truly extraordinary time. We are at an inflection point where the enabling technologies and our ability to understand how to use them.”
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Cloud Wars Live Digital All-Stars

Tony Uphoff is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2021. Our intention is to provide regular chunks of timely ideas and insights about high-priority subjects from industry veterans with diverse backgrounds.

This episode was brought to you by BMC Software.