Building the Digital Enterprise: A Guide to Constructing Monetization Models Using Digital Technologies (Business in the Digital Economy) by Mark Skilton
Author:Mark Skilton [Skilton, Mark]
Language: eng
Format: azw3
ISBN: 9781137477712
Publisher: Palgrave Macmillan
Published: 2015-08-27T16:00:00+00:00
This example illustrates a powerful new pattern of digital technologies that enable products and services to be dynamically adjusted and improved through the “embedded” content and software platforms that now make up part of the product. The act of the embedded software and its sensors working together can be described as “machine learning” to improve the response to conditions and create new recommendations or automated actions. This enables a “smart feedback loop” that senses, analyzes, and then responds back to the conditions based on a set of the rules that may be pre-set or “learned.”
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