The Untold Costs of Social Networking

Luis Suarez

But that’s where the problem lies, what I call the untold costs of social networking.

Cost 96

Managing Multiple Learning Managment Systems - The High Cost of Choice

Xyleme

Did you know that today there are approximately 500 Learning Management System vendors in the market? Post Type: Blog post. 1 Did you also know that no one vendor, or small group of vendors, have significant market share?

Cost 73

Trending Sources

The top 10 opportunity costs for single source content strategy

Xyleme

With Learning & Development rapidly evolving from a cost center focused on formal learning to a strategic function tasked with the continuous development of an employee throughout their tenure with a company, the need to be high impact has never been greater. What is opportunity cost?

Cost 78

Scale and Complex Systemic Innovation

Irving Wladawsky-Berger

They are highly motivated to bring to market new products which offer significantly improved designs and/or lower costs, and thus gain competitive advantage and market share from the established leaders in their segment of the market. It favors large companies because of their ability to address complex systemic problems, manage the large-scale ecosystems that solving such problems requires, and bring their solutions to market all round the world.

Learning and Performance Support Systems

Stephen Downes: Half an Hour

This post is to introduce you to our Learning and Performance Support Systems program, a new $19 million 5-year initiative at the National Research Council that I will be leading.

How Can We Ensure that Our Complex AI Systems Do What We Want Them to Do?

Irving Wladawsky-Berger

Software-intensive systems are generally quite flexible, - able to evolve and adapt to changing product and market requirements. However, their very flexibility makes it difficult to adequately anticipate and test all the interactions between the various components of the system.

Low-Cost Test and Quiz Tool Comparison

Tony Karrer

I’ve recently been working with Sameer Bhatia the CEO of ProProfs as I was going through an evaluation of various online tools that support easy, fast, low-cost testing and quiz tools. Evaluation Criteria For the specific need I was looking at, I was looking for the following out of a solution: Cost : Is the tool free or very-low cost to use? It has a free and a low-cost version. Classmarker Quia ProProfs Cost Free (some features require purchase) $24.95 - $49.95

Tools 35

A Neural, Digital System for the Economy

Irving Wladawsky-Berger

Dr. Arthur is external professor at the Santa Fe Institute and visiting researcher at PARC’s Intelligent Systems Lab. This second, digital economy is essentially acting as the neural system for the overall economy. A major portion of every complex biological organism, including us humans, is the autonomic nervous system. The need for sophisticated control functions to help manage complex systems applies not just to complex biological systems, but to man-made ones as well.

Complex Sociotechnical Systems: the Case for a New Field of Study

Irving Wladawsky-Berger

Digital technologies are enabling us to develop systems with huge numbers of interconnected components and sophisticated software that infuses them with seemingly unlimited capabilities. We are increasingly able to pull all these capabilities together and develop sociotechnical systems, which combine the powerful, inexpensive and ubiquitous digital technologies with the people and organizations they are transforming.

Real Profitability Part II: classical System Integrators

Martijn Linssen

Still, the quest continues, and this post contains the same calculations for the classical system integrators: Accenture, Capgemini, Logica and Atos Origin. For now, I think youll just feel bad for the poor system integrators - or at least their employees? Business or Pleasure? -

Managing Multiple Learning Managment System’s - The High Cost of Choice

Xyleme

Did you know that today there are approximately 500 Learning Management System vendors in the market? Post Type: Blog post. 1 Did you also know that no one vendor, or small group of vendors, have significant market share?

Cost 11

Learning Content Management Systems (LCMS) for Managing Course Assets

Tony Karrer

In fact, because content management is now so ubiquitous in almost all social networking systems (including Microsoft SharePoint), many companies are finding ways to leverage these tools to help aid content development. In LCMS – Not Just a Technology: It’s a Strategy , Bryan Chapman really nails a key issue going into all of this discussion: you need to think about your overall strategy and then make sure your systems support that strategy. Is it lower-cost development?

A learning system to meet the needs of a complex knowledge era

George Siemens

I gave a talk on the type(s) of learning system(s) that are needed to address complex knowledge needs. We can’t simply “optimize”, “make more efficient”, and “drive down costs” in planning the structure of tomorrow’s universities. We gain an understanding of needed learning systems, I argue, by evaluating the attributes of information in digital networks and through focusing on the nature of knowledge needs in complex settings

Dr. Watson, Please Report to the Health Care System

Andy McAfee

It has very low marginal cost. It’ll be very expensive to build and train Dr. Watson, but once it’s up and running the cost of doing one more diagnosis with it is essentially zero, unless it orders tests. Physician, professor, and novelist Abraham Verghese wrote a recent op-ed in the New York Times in reaction to the news that IBM is working with the universities of Columbia and Maryland to adapt Watson , the Jeopardy!

The cost of codification

Harold Jarche

At the highest level of abstraction (you have a conversation with yourself) the cost of codification is very low as you have a 100% shared context (hopefully). On the other hand if you want to share your knowledge with everyone then the cost of codification will approach infinity. Companies are not so much machines as complex, dynamic, growing systems. Or even better, what if we compared the company with other large, complex human systems, like, for example, the city?

Cost 13

An Operating System for the Mind

Stephen Downes: Half an Hour

Interestingly, that's how many people used to think of electronic information systems - as mechanisms into which you input facts to facilitate easy discovery and retrieval. The computer, or online systems (such as Minitel) were visualized as giant electronic libraries, with the sum total of the world's knowledge at our disposal. Put the facts into the system, and come up with some mechanism to get them out. Let's return to the computer system analogy.

Insights into the next phase of crowdfunding: tearing down legal constraints and building reputation systems

Ross Dawson

The basic mechanism for the movie version is that ‘shares’ cost $20 and you get a DVD of the movie in return plus any profits from the movie. Crowdfunding and reputation systems.

The Simple, Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

In their opinion, “the best way to assess the impact of radical technological change is to ask a fundamental question: How does the technology reduce costs? What are the key implications of significant reductions in the costs of predictions?

Data 117

Digital Twin: Bringing the Physical and Digital Worlds Closer Together

Irving Wladawsky-Berger

A Digital Twin is essentially a computerized companion to a real-world entity, be it an industrial physical asset like a jet engine, an individual’s health profile, or a highly complex system like a city. A few weeks ago I first learned about a relatively new concept - Digital Twin.

Data 63

The Top Ten Emerging Technologies of 2016

Irving Wladawsky-Berger

2D Materials — “Plummeting production costs mean that 2D materials like graphene are emerging in a wide range of applications, from air and water filters to new generations of wearables and batteries.”.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

Similarly, the full impact of automobiles was not felt until the mid-20th century with the rise of suburbs, the Interstate Highway system, and the motels, restaurants and gas stations that sprung up all around them. Data storage capacity has increased, while its cost has plummeted.

Data 87

The Evolution of the Internet of Very Smart Things

Irving Wladawsky-Berger

These systems were optimized for simplicity and flexibility, and their graphical user interfaces led to many innovative applications, including the new web-based applications in the 1990s. These factors eventually led to significantly increased management complexities and costs.

Data 116

What’s the Value of Blockchain?

Irving Wladawsky-Berger

Blockchain has the potential to transform our economic and social systems, but such a transformation is still many years away. The cost of moving and keeping track of all this paperwork often equals the cost of physically moving the container around the world.”.

Is Blockchain the Major Next Step in the Evolution of the Internet

Irving Wladawsky-Berger

And like the Internet, it allows people to bypass traditional intermediaries in their dealings with each other, thereby lowering or even eliminating transaction costs.”. TCP/IP unlocked new economic value by dramatically lowering the cost of connections.

On Saving the American Health System: Dr. Donald Berwick's.

Bob Sutton

Financial Times: The Cost of Hidden Bias at Work. The Observer | Business | You could be a genius - if only you had a good system. 11 Books Every Leader Should Read » On Saving the American Health System: Dr. Donald Berwicks Farewell Speech.   The thing I would especially emphasize is that Berwick is not and has never been about ideology, he is about effectiveness and cost-cutting is central to everything he does and advocates.  Bob Sutton.

The Continuing, Transformative Impact of IT

Irving Wladawsky-Berger

For the past twenty years, companies have embraced IT to significantly improve their productivity, reduce costs, and to better adapt to fast changing markets conditions and increased competition. It’s also necessary to step up to the rising costs of social services, especially health care.

Data 134

Rapid Learning Management Systems

Tony Karrer

While there are a lot of different Learning Management Systems with very different features, the requirements in this situation are a bit different. To me this is a new kind of system. I'm temporarily calling this a Rapid Learning Management System. White Label For their existing customers, they should be able to point them to a system that looks just like their own site. The system should look and act like an individual LMS for that administrator. Systems?

Blockchain - Once Again, the Technological Genie Has Been Unleashed from its Bottle

Irving Wladawsky-Berger

It has been great for reducing the costs of searching, collaborating, and exchanging information… Overall, the Internet has enabled many positive changes - for those with access to it - but it has serious limitations for business and economic activity.”.

The Evolution of the Firm

Irving Wladawsky-Berger

Transaction costs are incurred in obtaining goods and services outside the firm, such as searching for the right people, negotiating a contract, coordinating the work, managing intellectual property and so on. Thus, firms came into being to make it easier and less costly to get work done.

The (Uneven) Digitization of the US Economy

Irving Wladawsky-Berger

Capital efficiency: IoT can significantly improve the utilization of capital assets, leveraging preventive maintenance to reduce equipment downtime and operational costs. Digital technologies are all around us, - increasingly ubiquitous and commoditized.

Data 84

The Emergence of Cognitive Computing

Irving Wladawsky-Berger

The colloquium, - which was part of IBM’s Centennial celebration, - brought together experts across industry and academia to discuss and debate the direction of four key Grand Challenges at the very leading edge of IT: nano systems, exascale, big data, and cognitive computing. We will be able to design sophisticated, powerful nano systems-on-a-chip that will be totally contained within such a trillion transistor nano device.

Lean Principles in the Digital Economy

Irving Wladawsky-Berger

Lean production methods have also been described as aiming “to combine the flexibility and quality of craftsmanship with the low costs of mass production.”

Data 88

Global Trends and Business Strategy

Irving Wladawsky-Berger

Complex Systems Data Science and Big Data Economic Issues Innovation Management and Leadership Political Issues Society and Culture Technology and StrategyMcKinsey recently published an article on the long-term trends that are reshaping the business environment.

The Economic Potential of The Internet of Things

Irving Wladawsky-Berger

Ubiquitous or Pervasive Computing dates back to the 1990s, when neither the necessary low-cost devices nor ubiquitous wireless networking were anywhere near ready. Data is absolutely essential to IoT systems.

Data 64

The Datafication of Business and Society

Irving Wladawsky-Berger

Its ensuing digital products have been generating all that data and its drastically lower technology costs have made it possible to store and analyze those oceans of information.

Data 126

Could Blockchain Prove to Be “The Next Big Thing”?

Irving Wladawsky-Berger

While these legacy systems operate with a high degree of robustness, they’re rather inflexible and inefficient. In a recent NY Times article , tech reporter Quentin Hardy , nicely explained the inefficiencies inherent in our current payment systems.

Reflections on Storytelling

Irving Wladawsky-Berger

Complex Systems Education and Talent Innovation Management and Leadership Smart Systems Society and Culture Technology and Strategy Storytelling has played a central role in human communications since times immemorial. Storytelling predates writing.

System 121

The Smart London Plan

Irving Wladawsky-Berger

Congestion on London‘s roads cost the economy an estimated £2 billion, with Londoners spending 70 hours on average in traffic jams annually.”. “A Urbanization is one of the major forces shaping the 21st century - right up there with the digital technology revolution and globalization.

Data 63

Trust and the On-Demand Economy

Irving Wladawsky-Berger

Transaction costs are incurred in obtaining goods and services outside the firm, such as searching for the right people, negotiating a contract, coordinating the work, managing intellectual property and so on.

Issues 109

Reflections on the Longevity of Mainframes

Irving Wladawsky-Berger

As pointed out in the announcement, the new system is a result of more than $1B in R&D investments over the past four years, resulting in major improvements in performance, security, availability and other key enterprise features. I was a second year college student at the University of Chicago when the System 360 was first announced in April of 1964. The architecture of client-server systems was quite different from that of mainframes.