When it comes to access, the increased pervasiveness of mobility, network access, and continued miniaturization and cost reductions as predicated by Moore’s Law are coalescing into the more recently hyped “Internet of Things”. We should not be surprised to see more and more personal biometric devices and appliances seamlessly connecting people with computers. We are entering an era of pervasive access to information; an Infosphere, where ultimately we will remain connected at all times, and the devices used to connect will no longer need to be personal, but will instead be embedded in our environment.
- Data Science that deals primarily with leveraging data for more specific predictive analytics purposes that can be applied to recommendation engines, logistic regression, spam filters, fraud detection, and forecasting. In many ways, Data Science can be viewed as a more comprehensive form of traditional data analytics based on SQL based OLAP (Online Analytical Processing) data warehouses.
- On the other hand, Cognitive Computing deals with algorithms that learn and interact naturally with people. Also, while Data Science deals with explicit data, Cognitive Computing creates implicit information by applying heuristics for inference reasoning that exploit hidden patterns and correlations found in big data sets. The results might appear magical. Perhaps the most well-known example is the IBM Watson technology that was capable a few years back of winning a Jeopardy competition against top human players.
- Collective Intelligence, also known as “Wisdom of the Crowds” (WOC), deals with the mechanisms that gather the combined input of millions of people in social media communities. Analysis of social networks is emerging as an ancillary element to help identify social influencers and relationships. WOC can be leveraged by mining the millions of reviews and comments entered daily on sites such as Yelp, TripAdvisor, among others, and also by evaluating and capturing explicit advice and comments posted on blogs and social communication sites such as Facebook and Twitter.