Blog Feed Post

Second Derivative: The Accelerating Rate of Change

In calculus, the second derivative is the measure of instantaneous acceleration or velocity of a function of a function f. For example, the second derivative of the position of a vehicle with respect to time is the instantaneous acceleration of the vehicle, or the rate at which the velocity of the vehicle is changing with respect to time.

The second derivative is a measure of how fast things are changing and in Leibniz notation, it looks like this:

Where the last term is the second derivative expression[1].

On a graph, the second derivative corresponds to the curvature or concavity of the graph. The graph of a function with a positive second derivative bows downward (that is, is concave when viewed from above), while the graph of a function with a negative second derivative curves in the opposite way (see Figure 1).

Figure 1: The Second Derivative or Rate of Instantaneous Acceleration

Figure 1: The Second Derivative or Rate of Instantaneous Acceleration

The reason why I’m taking everyone back to their high school calculus days isn’t because I’m masochist (which I am) but is to highlight something that is fundamentally transforming our society – which is the instantaneous acceleration of how new technologies are transforming how we do business and how we live.

Big Data and IOT and Blockchain, Oh My!

Many organizations that have spent the past several years trying to understand and ultimately monetize their big data are now being over-whelmed by the potential and hype of the Internet of Things; that is, the explosion of additional data sources from wearables, devices, beacons, onboard sensors, and more, which are now available for our consumption. While not an exact measure, one can see in Figure 2 how the interest in IOT is accelerating upwards and has usurped the interest in Big Data, whose slope of line is slightly below zero.

Figure 2:  Interest in Big Data versus IOT measured by Google Trends[2].

Figure 2:  Interest in Big Data versus IOT measured by Google Trends[2]

Maybe it’s time for me to change my nickname to the “Dean of IOT,” but then I’d need to buy a new license plate for me car, so forget that.

But just as we are trying to get our hands around the potential of IOT, now comes Blockchain. And trust me when I say that Blockchain is no flash in the pan. The interest in Blockchain is growing at an even faster pace than IOT did and has already matched the interest in Big Data (see Figure 3)!

Figure 3:  Comparing Interest in Big Data, IOT and Blockchain

Figure 3:  Comparing Interest in Big Data, IOT and Blockchain

And the rate of acceleration in the interest in Blockchain is exploding (see Figure 4).

Figure 4:  Rate of Acceleration in Blockchain

Figure 4:  Rate of Acceleration in Blockchain

Why is interest in blockchain accelerating so rapidly? The reason lies less in the technology, and more in the focus on identifying and implementing business use cases.

Real-world Blockchain Use Cases

Blockchain is rapidly – frantically – moving beyond the “science experiment” phase into the “business monetization” phase. Leading companies are already embracing the unique capabilities afforded by blockchain to either improve existing business processes or to create new business opportunities. Below is just a very small sample of some Blockchain use cases.

  • The governor of the Bank of England, the UK’s central bank, has revealed that an upcoming version of the UK’s main interbank payments system will be compatible for settlements in a distributed ledger, commonly known as a blockchain. “Next-Gen UK Payments System Will be Blockchain Compatible: BOE Governor
  • In order to help coffee farmers get properly paid for their work and the quality of their beans, Bext360 employs blockchain technology to create a record of where beans came from, and who paid what for them. “Bext360 is using robots and the blockchain to pay coffee farmers fairly
  • Smart contracts is yet another area where blockchain is being applied. Blockchain supports ability to carry out the terms of any contract, without the time-consuming and expensive bureaucracy. It does this by removing the middlemen such as lawyers, who traditionally have a role in verification. Two anonymous parties can therefore do business with each other over the internet, with heavy duty encryption providing the necessary trust element. As it is not possible for recordings of transactions to be altered, the risk of tampering from third parties or human error is eradicated. “Providing the essential link for blockchain success
  • Microsoft Office will use blockchain to enable users to verify the authentication of emails without having to leave Outlook itself and without having to go to a central clearinghouse to have the emails verified. The solution is compatible with products across the Office suite. “In a more general sense, anyone wanting to certify and verify any digital asset could reuse and build upon this knowledge, too,” Microsoft adds.  “Microsoft Office Can Now Verify Docs On The Bitcoin Blockchain
  • Walmart struggles to identify and remove food that’s been recalled. When a customer becomes ill, it can take days to identify the product, shipment and vendor. With the blockchain, Wal-Mart will be able to obtain crucial data from a single receipt, including suppliers, details on how and where food was grown and who inspected it. The database extends information from the pallet to the individual package. “Wal-Mart Tackles Food Safety With Trial of Blockchain

One just needs to read some of the leading technology publications to see yet another example of an organization using blockchain to implement another business use case (just check out “Italian Wines Will Be Recorded on Blockchain, Authenticity Guaranteed” that came out as I was completing this blog).

Rate of Technology Adoption Accelerating

The rate of technology innovation is accelerating because the rate of business adoption is also accelerating, being driven by real world “Make me more money” use cases. Instead of burying the technologies in the bowels of the organization under the guise of innovation, leading organizations are instead looking for real world use cases that can both validate as well as monetize these new technologies.

We saw it with Big Data, when the rate of Big Data adoption started to accelerate when Big Data moved out of IT and started to get incorporate into the Line of Business monetization strategies.

We are just starting to see it with the Internet of Things (IOT) where the technologies are just starting to move out of IT into operations and being used to drive operational efficiencies and eventually new monetization opportunities.

And it will happen with these new technologies such as blockchain, artificial intelligence, autonomous cars, quantum computing, the bionic man, holodecks, teleportation, and whatever else may pop up tomorrow.

The key to successful technology innovation is to move beyond IT “discovery and experimentation” and instead refocus on business “use cases and monetization”.

Starting with the business use cases is the key to transitioning from a technology science experience to powering business adoption. Identifying, validating and prioritizing the targeted business use cases is the secret sauce for driving technology adoption.

Don’t know where to find these business use cases? Then let’s go old school MBA and start with Michael Porters Value Chain Analysis (see Figure 5).

Figure 5:  Michael Porter's Value Chain Analysis

Figure 5:  Michael Porter’s Value Chain Analysis

For more details on how to leverage Michael Porter’s seminal work, check out:

Start with a single business use case for analytics and then proceed use case-by-use case to build out your data, analytic and application capabilities and assets, define underlying architecture, and implement the foundational hardware, software and cloud technologies

Focusing on business adoption will enable organizations to exploit these new technologies to optimize existing business processes, reduce security risks, uncover new revenue opportunities, and to create a more compelling, more prescriptive customer engagement.


[1] https://en.wikipedia.org/wiki/Second_derivative

[2] https://trends.google.com/trends/explore?q=Blockchain,IOT,Big%20Data

The post Second Derivative: The Accelerating Rate of Change appeared first on InFocus Blog | Dell EMC Services.

Read the original blog entry...

More Stories By William Schmarzo

Bill Schmarzo, author of “Big Data: Understanding How Data Powers Big Business”, is responsible for setting the strategy and defining the Big Data service line offerings and capabilities for the EMC Global Services organization. As part of Bill’s CTO charter, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He’s written several white papers, avid blogger and is a frequent speaker on the use of Big Data and advanced analytics to power organization’s key business initiatives. He also teaches the “Big Data MBA” at the University of San Francisco School of Management.

Bill has nearly three decades of experience in data warehousing, BI and analytics. Bill authored EMC’s Vision Workshop methodology that links an organization’s strategic business initiatives with their supporting data and analytic requirements, and co-authored with Ralph Kimball a series of articles on analytic applications. Bill has served on The Data Warehouse Institute’s faculty as the head of the analytic applications curriculum.

Previously, Bill was the Vice President of Advertiser Analytics at Yahoo and the Vice President of Analytic Applications at Business Objects.

Latest Stories
"I focus on what we are calling CAST Highlight, which is our SaaS application portfolio analysis tool. It is an extremely lightweight tool that can integrate with pretty much any build process right now," explained Andrew Siegmund, Application Migration Specialist for CAST, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"WineSOFT is a software company making proxy server software, which is widely used in the telecommunication industry or the content delivery networks or e-commerce," explained Jonathan Ahn, COO of WineSOFT, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...