• Sarah Hindle

From biotech to healthcare: data disrupts and enables


In the last two years alone more data was created than in the previous 5,000 years of humanity, and in 2017 we will create more data in one year alone.

This data is coming from a huge range of industries - from biotech to healthcare, utilities to manufacturing - and yet it is a vastly untapped resource, with less than 1% of data being analysed for decision making.

This week our candidates explored some of the many topics around data and the opportunities it represents for business, with top educators and experts from the industry.

Data and business: making intelligent decisions

We kicked off our data week with Myles Matheson, a Solution Specialist at Microsoft, who gave the group insight into business intelligence and data science, with a look into Microsoft's cognitive services and data-driven intelligent APIs.

Talking through the basics of big data and prediction techniques within business, including visualisations, was Darryl Wolfaardt from Datacom. With a particular focus on utilities, finance and media, Darryl is a specialist in building business intelligence soltuions and utilising data analytics, and along with Data Scientist Lisa Henley, was able to share real-world applications of data analysis.

Mahsa Mohaghegh of AUT joined us again to take our candidates through a practical overview and introduction of the Internet of Things, including wearables, driverless cars and business applications.

Capping off the week was Mo Li, who is currently beginning her postdoctorate at Massey University and was able to share her findings from her PhD, which investigated non-destructive techniques to predict kiwifruit storability and involved machine learning and data analytics.

Breaking down business models

Our innovation session this week was with Melissa Fletcher, who has more than 20 years of experience in commercial and strategic marketing and business. With our June cohort she broke down operating models and and how to derive value from certain strategies, the role of marketing, and what to focus on in early stages of concept.

For our tech news conversations we welcomed in Louis Gordon-Latty from Glory League, and Zivana Anderson from Soul River. At the helm of Glory League, Louis has seen first hand what goes into launching a new venture and what it takes to get a start-up off the ground, while Zivana led a group discussion on the importance of time management and balancing commitments - giving our candidates a chance to share their experience of the course so far.

Building project plans and gaining momentum

Friday was particularly special this week as it was dedicated to presentations for assessment one. Each candidate shared the beginnings of their project plan idea, informed by emerging and disruptive technology and highlighting their unique advantage - what will make their project or venture stand out. It was fantastic to see the group's budding ideas beginning to take shape, informed by the core sessions of the first five weeks and the broad scope and applicable knowledge they have encountered thus far.

Click here if you want to find out more about our programme or get in touch with the team - we’ll catch you next week, and don’t forget to sign up to our email newsletter and follow us on Twitter.

#MasterofTechnologicalFutures #innovation #datascience #businessintelligence #businessmodels

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Tech Futures Lab is an education facility of The Mind Lab, a NZQA registered Tertiary Education Organisation under the provisions of the Education Act 1989. Candidates who are studying on a programme delivered by Tech Futures Lab are enrolled with The Mind Lab.