Talk for graduate research students about entrepreneurship.

1. ISE GRS Symposium – April 1, 2016
MY EXPERIENCES WITH
RESEARCH, INNOVATION, & ENTREPRENEURSHIP
SATYENDRA RANA
CTO - LOVEN SYSTEMS
APRIL 1, 2016
“I am not that much knowledgeable but I know how to
access and process knowledge effectively.”

2. ISE GRS Symposium – April 1, 2016
1. Should I make an Apple pie !
2. Ignore – Preoccupied with Oranges!
3. Wonder why Apple didn’t rise up to the sky!
Curiosity
“Curiosity firms up
Learning Intention”.
2SATYENDRA RANA

3. ISE GRS Symposium – April 1, 2016My curiosities over the years
• Is some form of centralized control
essential for achieving collective goals
in a group?
1975
• If I have to single out one capability
that is essential for a business to
succeed, what would that be?
2005
• Do Analytics & Semantics approaches
compete or complement each other?2012
3SATYENDRA RANA

4. ISE GRS Symposium – April 1, 2016Connecting the Dots – Control Structures
Self-
Determination
Distributed
Problem
Solving
Multi-Agent
Systems
Distributed
Artificial
Intelligence
Distributed
Decision
Making
Cognitive Models of Cooperative work
Distributed
Operating
Systems
Distributed
Algorithms
Fully Symmetric
Distributed Algorithms
Distributed
Databases
Diffusing
Computations
Self-StabilizingSystems
4SATYENDRA RANA

5. ISE GRS Symposium – April 1, 2016Connecting the Dots – Modelling a Business Enterprise
5
SATYENDRA RANA

6. ISE GRS Symposium – April 1, 2016
6
Diffusing Computations to Diffusing Situations
Business as a Self-Stabilizing System
1. Monitor (ripple causing) Situations
2. Take actions to diffuse ripples
Opportunity Driven Enterprise
SATYENDRA RANA

7. ISE GRS Symposium – April 1, 2016
7
Connecting the Dots – Analytics & Semantics
System
of
Interest
LearningSemantics
Use Ontology
to Resolve
Questions
New
Scenario
Datasets
Learning
Use Models to
Resolve Questions
Analytics
Automated Ontology Creation
SATYENDRA RANA

8. ISE GRS Symposium – April 1, 2016So far ..
8
“A man should live if only to satisfy his curiosity”
– Yiddish Proverb
“God favors those who connect the dots”
SATYENDRA RANA

9. ISE GRS Symposium – April 1, 2016
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Creativity
“ .. ability to make or bring into existence something new.”
“ .. ability to transcend traditional ideas, rules, patterns and
relationships to create meaningful new ideas ....”
“ .. Imaginative activity fashioned so as to produce
outcomes that are both original and of value....”
Creativity
cannot exist
without a
context.
• Remove a Constraint
• Assume Risk
SATYENDRA RANA

10. ISE GRS Symposium – April 1, 2016
10
Creativity in Context
Computer Systems
How to provide computational
scalability without degrading
performance?
Symmetric
Distributed
Computing
Big Data Systems
• Hadoop
• Spark
• Cassandra
Business Systems
How to survive & grow in a
highly dynamic environment?
Business Agility as
the Dominant
Perspective
Opportunity Driven Management
• Sense Opportunities
• Explore Strategies
• Act & learn
Business Analytics
How to make it easy for
business users to incorporate
analytics into their day-to-day
decision making?
Combining
Semantics with
Analytics
Cognitive Analytics
• Business User Empowerment
• Alerting in time
• Advisory
SATYENDRA RANA

11. ISE GRS Symposium – April 1, 2016So far ..
11
“A man should live if only to satisfy his curiosity”
– Yiddish Proverb
“God favors those who connect the dots.”
“ ’Value’ has to be verifiable to be any value.”
SATYENDRA RANA

12. ISE GRS Symposium – April 1, 2016
CONFLUENCE
1
Curiosity
2
Connecting
3
Creativity
4
Courage
5
Clarity
6
Capital
Other ‘C’ s
12
“ Many fear success more than failure because
success has a higher disruptive potential.”
SATYENDRA RANA

13. ISE GRS Symposium – April 1, 2016
SATYENDRA RANA 13
Data Driven
(Naïve Approach)
• Starts with Data
• First Milestone - Data Lake
• Embellish by Data Visualization
• User must understand Data
• User reaches out to System
(Discovery)
• Produce Analytics
• Develop Data Strategy (CDO)
Opportunity Driven
(Cognitive Approach)
• Starts with Value
• First Milestone – Opportunities Flow
• Embellish by Natural Language
Interaction
• System understands Data
• System reaches out to User
(Guidance)
• Consume Analytics
• Develop Opportunity
Management Strategy (COO)
Opportunity Driven Enterprise – What is different?

14. ISE GRS Symposium – April 1, 2016
SATYENDRA RANA
14
DIWO’ism
 Capture Data with a Purpose (Opportunity Driven)
“Ask not what data can do for you,
ask what you can do if you have the data”
 Don’t wait for perfect data (Evolutionary)
 Real world is messy, so is its data trail. Let it not be an excuse
for inaction.
 One can start with partial and messy data & improve over time
 No need to re-learn what is known to work well (Knowledge-
Based & Contextual)
 (Semantics + Analytics) is much larger than the sum of its
parts.
 Trust can trump Quality (Empowering)
 A system with high quality may not be adapted for lack of trust
in its working
 Building trust is usually cheaper than perfection
 Let machine wake you up, then vice versa (Preventive)
 When in doubt, ask the machine. When you doubt the machine,
ask for evidence (Conversational)
DIWO® -Cognitive Analytics Solutions Platform by Loven Systems