Business Model


Business Model

How Humans Digest Millions of Data Points a Minute

A problem that us humans have with using “big data” is how to digest all the interesting information. On wind turbines, there are hundreds of data points being produced a second. A single person may be tasked with monitoring and managing thousands of such machines. Digestion of this data is an important problem to solve if we want to use big data to make better decisions. Fortunately, this problem has…

Business Model

How to Value Predicting the Future

Predicting the future has historically been a fools’ errand. A modern day Nostradamus would have terrible Amazon.com reviews. But as a society we depend on predictions all the time: be that checking the weather to know what shoes to wear to getting regular screenings for life threatening diseases. These predictions of risk come with their own set of risks, but are vastly superior to their substitutes. In the following I…

Business Model

Our Business Model: M2M is the new C2C

For generations businesses have either been B2B or B2C. Either the business sold to another business, or to a consumer. For instance, Foxconn, the manufacturer of iPads, is a B2B company that sells it’s services to Apple, a B2C firm. This has been the general dichotomy of large firms since the industrial revolution. The internet blew open this framework. Some of the fastest growing and largest companies can be considered…

Business Model

Analytics: Data Mining vs. The World

Fluitec Wind has been working with Sandia National Labs for the last few months to understand the benefits and possibilities of applying big data methods to wind turbine data streams. In summation we at Fluitec Wind have produced the following chart which neatly summarizes our findings: We measure effectiveness of methods by the “error” that they produce. Linear Regression is a stand-in for the standard best practice statistical methods utilized….