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Tech Infinity helps companies and entrepreneurs innovate, improve quality and reduce time to market. Collaboration and cross pollination of ideas from different industry sectors generate game changing innovation for any business. We share with you the various tools, events and technologies to advance your education / knowledge in science, manufacturing and operations.
If you are a Start-up or an established business making hardware products, contact us for a free initial consult to solve a complex development problem, increase quality and productivity or get product to market quickly.

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Big Data Crunch Critical Input

10/13/2021

 
What’s the big deal about “Big Data”?

Some will say “Big data is a combination of structured, semi structured and unstructured data collected by organizations that can be mined for information and used in machine learning projects, predictive modeling and other advanced analytics applications. “
Getting beyond these buzz words of big data and data analytics, success factors are the inputs, their significance, the interactions and how its manipulated. Taking and old school expression in the programming parlance is that garbage in equals garbage out.
 
While all systems are unique whether it’s a piece of hardware, app, manufacturing process, marketing evaluation or managing a project there are common touch points.
 
  1. Know what effects your environment i.e., internal, external factors
    1. Systems engineering: resources, integration, processes, testing, quality
    2. Project planning: resources, timelines, milestones, finances
    3. Project management: communication, roles/responsibilities, risks, stakeholders
  2. Know the significance of the factors that create the effect so limits can be determine for your project.
    1. Research historical data
    2. Perform analysis on competitors
    3. Use predictive tools and statistics
  3. Interpreting the data should improve productivity, efficiencies, processes, quality. Leadership/stakeholders must determine the value of various output needed to be successful. (Yes, your team needs to know in the abstract what they are trying to accomplish before you start.)
There are a multitude of tools and methods to use; like Design of Experiments, 5 Whys, system modeling, Six Sigma etc. to define, measure, analyze, improve, and control the metrics for solving problems.
 
Keep an open mind as there is no magic bullet to get the answers you want at a push of a button, not matter how much data you may have acquire. You need to have the right data to measure the results that count and analyze what can help your efforts.

    Author

    Grew up in Buffalo, NY where the winters were really brutal with no cell phones! I have a degree in mechanical engineering and have worked in design, research, manufacturing, product development, test, service and marketing for decades. Developed dozens of various products and advised various companies and start-ups


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