If you work in the field of sales commissions, you’re likely aware of ASC 606, the five-step revenue recognition model and timelines. The basic premise on which both ASC 606 and IFRS 15 have been formulated is that an organization can recognize revenue from a customer contract only when the
As happens so often, IBM is quietly laying the groundwork for the future. A recent step toward that future is TJBot, an unassuming, do-it-yourself cardboard robot that opens a window into what AI researchers are calling “embodied cognition.
For the first time in human experience, there’s the opportunity to transform a city by listening to all of its inhabitants, individually. That’s the mission of the Jakarta Smart City (JSC) project, and it’s a major challenge in a district of some 10 million residents.
Data already is the new currency and is at the heart of everything digital. I like to repeat the adage, “Data becomes Information, becomes Knowledge, becomes Wisdom”. And “It’s all about the data”. So why do we send up probes, sensors or satellites — for the data?
If information is paramount, it becomes our collective responsibility to nurture, develop, secure and protect information. One should nurture and develop information so that it is well formed, mature and timely; and secure and protect information so that it is valued and guarded, not shared or
The latest executive report published by IBM Institute for Business Value puts the estimated cost of cyber crime to the global economy in a range of USD 375–575 billion per year. Reputational damage, which is hard to calculate, comes on top of all this. No industry and geography has remained
Perhaps one the single most significant changes to the analytics landscape in recent years had been the emergence of the data scientist. This role is continuing to evolve, with many organizations still in the process of establishing how best to incorporate this relatively new discipline into their
The data lake can be considered the consolidation point for all of the data which is of value for use across different aspects of the enterprise. There is a significant range of the different types of potential data repositories that are likely to be part of a typical data lake.
One thing that a recent event in Beijing, China confirmed is there’s no shortage of interest in machine learning for developers in that region. Take a look at snapshots of event highlights featuring rich content on artificial intelligence, cognitive capabilities, machine learning and more presented
Historically, Master Data Management (MDM) projects have focused on creating a single view of the truth that can be consumed by business processes. Learn more about how the evolving need to utilize MDM serves as catalyst for a new solution extension offering a managed data preparation and data
Ubiquitous data is so easily generated, and for that reason many enterprises today are exceedingly challenged to handle it all successfully. Take a look at a comprehensive information lifecycle governance solution that can help prevent enterprises from becoming submerged in their own sea of data.
The application of analytics and capturing information inside business documents can lead to all sorts of information for running smarter, faster and highly competitive businesses. Take a look at a few examples of how a workflow can dramatically change where and how information is collected and
By using predictive analytics, providers can use real-time data to see risk factors that previously went undetected. Armed with this information, healthcare systems can then intervene and hopefully change the course of the patient's future health.