Scott Nelson
President & Chief Technology Officer, Board Member
Scott Nelson is the president and chief technology officer of Tamarack Technology. He has more than 30 years of strategic technology development, deployment and design thinking experience working with both entrepreneurs and Fortune 500 companies. Nelson is a sought-after speaker and contributor on topics related to IoT and digital health. His involvement in technology in the local and national technology community reflects an ongoing and outstanding commitment to technology development and innovation.
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Articles by Scott Nelson
The news beat on AI continues as, “You must have it!” But now we also hear “companies are struggling with AI” too. One recent survey found that 71% of CFOs are "flying blind" and struggling to monetize AI. Initiatives built around a disruptive technology like AI are always challenging because both the technology and its applications are unfamiliar. In the case of AI they can also be abstract. “Work smarter not harder” is a great tagline, but “smarter” is hard to measure without standardized testing.
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AI is reshaping risk management in equipment finance, helping lenders use data not just to avoid or transfer risk but to predict, engage and manage it more strategically. Managing risk is core to equipment finance operations and capital. Risk — the potential of unwanted outcomes — emerges in all shapes and sizes and the industry has instinctively looked to data to help manage risk.
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This time of the year the Midwest is filled with scenes of the harvest. And of course, this month brings a cornucopia of sports. Then there are the colors of autumn. The fall season also brings contemplation at work as companies start preparing for the next year.
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In mid-September, I attended the inaugural ELFA Innovation Lab in Denver. While I had been a regular attendee at its predecessor, the ELFA Operations and Technology Conference, I was eager to experience this new iteration. There was a great sense of energy and enthusiasm across all three days of the event. I don’t know if it reflected the positive business conditions or simply the excitement of the new format but attendees seemed light on their feet and genuinely engaged in their conversations.
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The great thing about paradoxes is that they are counter intuitive. They start with the expected: technological efficiency improves the productivity of a resource thereby reducing the need for that resource, for example. But then there are unexpected outcomes that are persistent and consistent.
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July and August are peak summer, so they’re also peak road trip times. Whether heading out on a national park vacation, visiting extended family two states over, or just going back-and-forth to the lake every weekend, many of us are riding the highways this time of year. As a student often traveling on I-80/90 from Minnesota to New York, I developed a keen appreciation for how efficie Read More |
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