Why Data Matters by Prof. Dr. Chris Schlueter Langdon
THE SUPREME RULE: The first rule of success with data analytics and artificial intelligence (AI) is to use (a) the right data and (b) in the right quantity, because AI can only extract insights, if the information for it is captured in the data – and the more, the better. For example, if predicting the failure of a machine is the objective, then any data input for creating the algorithm must contain information on past failure events and lots of these events. Otherwise, it is “garbage in, garbage out” (GIGO).
Text by: Prof. Dr. Chris Schlueter Langdon, Deutsche Telekom