Hello everybody. Well February is almost completed, and March is around the corner. Please plan to join us on March 28th for our next DAMA NY meeting. It features Dr. Anne Marie Smith who will talk about Data Governance – 8 Critical Steps to Success. Please Note: this meeting although sponsored by NYU, will be at their 17th Street office at 105 E 17th St Training Room 191. We hope to see you there. Check out website for our April meeting. www.dama-ny.com
CDMP certification – I have received a few inquiries regarding DAMA International’s CDMP certification program. What I can tell you is that, they are in the process of re-writing the specialty exams. I have unofficially been told they plan to make an announcement about the program next month at Enterprise World in Boston. If we hear about the details, we will post them in next month’s newsletter. If you are planning to attend the event in Boston, I’m sure you will hear about it.
DAMA Day 2019 – According to the Gartner Group, there are many new emerging Technologies soon to be leveraged in 2019. Gartner is suggesting every organization should put their data to work using these new Technologies. Come to DAMA Day 2019 on June 20th and learn about them and how they can be used to “Put your Data to Work”. Meet us at DAMA Day 2019 on June 20th which will be co-sponsored by AIG and DAMA NY. The event will be once again at 175 Water St. NYC and come see what all the excitement is all about. Our Keynote speaker will be Don Soulsby, MetaWright Inc. Don will introduce the new emerging technologies. Here is just a sample of the top 10 Gartner technologies in 2019:
Autonomous Things - such as robots, drones and autonomous vehicles, use AI to automate functions previously performed by humans. Their automation goes beyond the automation provided by rigid programing models and they exploit AI to deliver advanced behaviors that interact more naturally with their surroundings and with people. “As autonomous things proliferate, we expect a shift from stand-alone intelligent things to a swarm of collaborative intelligent things, with multiple devices working together, either independently of people or with human input,”
Augmented Analytics - focuses on a specific area of augmented intelligence, using machine learning (ML) to transform how analytics content is developed, consumed and shared. Augmented analytics capabilities will advance rapidly to mainstream adoption, as a key feature of data preparation, data management, modern analytics, business process management, process mining and data science platforms. “This will lead to citizen data science, an emerging set of capabilities and practices that enables users whose main job is outside the field of statistics and analytics to extract predictive and prescriptive insights from data,” noting “Through 2020, the number of citizen data scientists will grow five times faster than the number of expert data scientists. Organizations can use citizen data scientists to fill the data science and machine learning talent gap caused by the shortage and high cost of data scientists.”
AI-Driven Development - The market is rapidly shifting from an approach in which professional data scientists must partner with application developers to create most AI-enhanced solutions to a model in which the professional developer can operate alone using predefined models delivered as a service. “Ultimately, highly advanced AI-powered development environments automating both functional and nonfunctional aspects of applications will give rise to a new age of the ‘citizen application developer’ where nonprofessionals will be able to use AI-driven tools to automatically generate new solutions. Tools that enable nonprofessionals to generate applications without coding are not new, but we expect that AI-powered systems will drive a new level of flexibility,”
Digital Twins - refers to the digital representation of a real-world entity or system. By 2020, Gartner estimates there will be more than 20 billion connected sensors and endpoints and digital twins will exist for potentially billions of things. Organizations will implement digital twins, simply at first. They will evolve them over time, improving their ability to collect and visualize the right data, apply the right analytics and rules, and respond effectively to business objectives.
Block chain - a type of distributed ledger, promises to reshape industries by enabling trust, providing transparency and reducing friction across business ecosystems potentially lowering costs, reducing transaction settlement times and improving cash flow. Today, trust is placed in banks, clearinghouses, governments and many other institutions as central authorities with the “single version of the truth” maintained securely in their databases. The centralized trust model adds delays and friction costs (commissions, fees and the time value of money) to transactions. Block chain provides an alternative trust mode and removes the need for central authorities in arbitrating transactions.
Please plan to join us on June 20th.
Denis Kosar, President DAMA NYC