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Business E-Business

4 Key Terms in E-Business Explained

Supply Chain Integration is a close alignment and coordination within a supply chain often with the use of shared management information system. Supply chain refers to all inputs required to produce a product and fulfill a purchase. It is an effective and efficient way to maximize customer service index. B integrating processes of different links […]

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Business E-Business

Difference between Disintermediation, Re-intermediation and Counter mediation

This post details difference between disintermediation, re-intermediation and counter mediation. The short summary helps to provide a clear understanding. Disintermediation means to remove intermediation from the supply chain. With the advent of internet based shopping in the 1990’s the term became the buzzword signifying the elimination of middlemen as a result of direct to consumer […]

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Business Experience

Humans & Machines Ethics Canvas

Humans & Machines Ethics Canvas’s main goal is to make it as a guide for critical thinking throughout the ethical decision-making process. It acts as a value system and an ethics framework to assess the influence of machine learning and software development while developing a system for individuals , teams, and organisations . It helps the […]

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Business Data Analysis Resources

Dublin R El Dorado Competition

Quick Summary 5,000 data points with pseudo-geological information (including proven gold reserves). 50 (or more) new sites up for auction with limited data. Each team starts with $50,000,000.00 budget to bid with. Blind, sealed-bid auctions for rights to mine the parcel of land (min bid $100,000.00) Auctions happen in order by parcel_id Extraction costs are […]

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Business IT Strategy

Knowledge Management Models

“Knowledge is experience.  Everything else is information.” Einstein Knowledge Management (KM) is a process that helps organisations identify, select, organise, disseminate and transfer important information and expertise that are part of the organisations memory. The following theoretical Knowledge Management models have been developed in order to simplify complex situations which can be more readily grasped […]

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Business Experience IT Strategy Machine Learning

Why should I blog?

Why should I blog? I started this blog as a personal notebook for myself to learn machine learning and other topics which might interest me. It is going to be a collection of blog articles about: Machine Learning Business Information Technology Strategy in an enterprise Some programming tips And other topics I find interesting to read. […]

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Business

Sectors of Economy

Based on people’s proportion in a nation involved in an activity, the economy is divided into sectors according to the range of distance from the natural environment and is as follows: Primary Sector involves in extracting or harvesting of natural products. Activities related to this sector include farming, hunting, mining, quarrying, fishing and agriculture. In […]