Answer To: DATA4000_T3_2020_Assessment_1 Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment...
Taruna answered on Dec 10 2021
4
Question One: Case Study One
(A)
In the provided case study one entitled Internet Things of Evolution; the predictable theory of analytics has been used to develop the gadget of measuring the thermostat of room by smart management of the user behavior. The development of the instrument is likely to predict what is about to happen—one of the basic norms of predictable analytics is that it gives idea of the future—and in this context, the Nest Thermostat is possibly the first attempt to provide exact temperature of the room which is set upon the preferences of the user. The instrument records smartly the behavior of the user and with AI application, processes the choices by its own. Nest is developing this product for the tech savvy kind of professionals who wish to work and live smartly due to the lack of time for their personal and professional space, at both levels.
(B)
The business problem that arises from this case study is relatable to the challenges confronted by Nest here; the issue of making this product popularize among people is one of the key drivers of success to it. At the same time, it might be typical to make sure—or rather, to ensure the highly professional individuals that the product is unique and it can fulfill their demands—that the alignment of the consumer interest is done with the product itself. It has to compete with the products standing in the same line.
(C)
Basically, as per the observation of the case study, a few challenges related to it might include the innovation as the key to the rise of competency level. The product in itself is operational on internet and there are already several gadgets that are similar to the present one.
(D)
Also, not always, the accurate data projections of temperature are received by the any of the gadgets. There is a control line of difference and based on these differences, the product might show a range of room’s thermostat. Also, the product seems to have covered the limited premium range of buyers so, earning ‘good profits’ from it will be complicated.
Case Study Two
(A)
The case study observation of GE Power and the use of innovative data feeding in the distribution of sustainable energy is the core essence of the descriptive analytics, the technique used by the company. In the context of looking at the conventional approach of distributing power, the company’s manager Bell perceives the ‘Edison’ way as the older one than the grid way which the organization is looking forward to.
(B)
The comparison of the two results in the fact that the to supplicate the needs and expectations of the humans to have seamless supply of energy, especially for developing regions of the world, it is necessary to have power options that are running on gird, controlled by the precision and accuracy of the data network. It is more like taking love feed of the requirement and supplying the same with the help of manually built grid. However, if seen closely, there are multiple dimensions of business issues that may arise from it. Starting from the most important one, in non-data feed based network, the chances of total black out are nominal because the energy supply is not based on grid.
(C)
When grid is formed, it is more like the network which is based on internet and efficacy of all units that are used in it. If one unit out of all fails by technical reasons, there is a total failure to supply from source to the end. This is one of the major issues that AI based power networks have to deal with.
(D)
Secondly, the power operations at international level need to spend huge capital over developing their infrastructure into various regions of the world. It becomes even more typical than ever when this investment has to come in the developing parts of the world. A grid based network would not work over the existing instruments as it will require digitally driven tools and applications. Thus, replacing the existing system with the new one that is totally different will be cost expensive.
(E)
These points are implied in the concern of Bell when he talks about the expansion of services. Though he views immense possibilities by including AI based distribution in power networks, at the same time, he does mention that...