Archive for the ‘Big data’ Category

European Commission, IT companies and telcos pump €2.5bn into big data initiatives #bigdata

Source: Business Cloud News

The European Commission and the Big Data Value Association have signed a memorandum of understanding that will see the Commission and private sector firms pump €2.5bn into a number of big data-focused initiatives between 2015 and 2020.

The EC said it will put up €500m from the Horizon 2020 fund to help create up to 100,000 new data-related jobs in Europe by 2020, and invest in businesses using data innovatively for energy efficiency optimisation, healthcare service improvement, and industrial machinery applications.

The Big Data Value Association, which represents ATOS, Nokia Solutions and Networks, Orange, SAP, SIEMENS, and several research bodies, and other members of the EC’s Data public private partnership (PPP) including IBM, SAP, Software AG and a number of other organisations, will pump at least another €2bn into the initiatives over the same period.

“Data is the motor and foundation of the future economy,” said EC vice president Neelie Kroes, who signed the MoU along with Big Data Value Association president Jan Sundelin.

“Every kind of organisation needs the building blocks to boost their performance, from farm to factory, from the lab to the shop floor,” Kroes said.

The EC and participating firms will also help create “innovation spaces” as part of the effort, which will offer secure environments for experimenting with private and publicly available data sets.

In October last year the European Council called on the Commission to support more initiatives aimed at helping European businesses compete more ably in the digital economy, as well as other broad related efforts in mobile and cloud computing.

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Join the Analytics and Big Data Congress in London this December and hear how other industries are also improving their consumer insights & operations through data analytics deployment. Including…

  •  Philips representing, Electronics: “Data-Driven Digital Innovation at Philips: a practical case study”
  • Last minute representing, Online Hospitality: “Translate big data to big marketing”
  • P&G representing, FMCG: “Focus on the analytics to succeed with big data & data mining”
  • Asda representing, Retail: “Looking at how big data has impacted the single customer view and how organisations can influence their retention strategy”
  • BBC representing, Media: “Engaging the user: “Television and the 5 P of user engagement”
  • National Grid representing, Utilities: “Building agility into Business Intelligence with federated thinking”

Visit: www.analyticsandbigdatacongress.com for more information!

Mobile, cloud, big data platform helping to contain Ebola outbreak #bigdata

Source: Business Cloud News. October 27, 2014

IBM, working in conjunction with a number of organisations, is using a combination of mobile, cloud and analytics platforms to help Sierra Leone and Nigeria’s public health authorities contain Ebola outbreaks and help coordinate disaster relief efforts in the region.

The partners, which include Sierra Leone’s Open Government Initiative, Cambridge University’s Africa’s Voices project, Airtel and Kenya’s Echo Mobile, are deploying a platform that enables citizens to report Ebola-related issues via SMS.

Those messages are collected along with location-based data and fed into an IBM Connections-based platform that provides insight to governments about the disease’s spread, helping public health authorities identify correlations in the data and emerging outbreaks as they happen in real time.

The platform aims to help emergency workers coordinate and allocate medical resources to areas in need of Ebola-related relief.

“We saw the need to quickly develop a system to enable communities directly affected by Ebola to provide valuable insight about how to fight it,” said Dr. Uyi Stewart, chief scientist, IBM Research – Africa. Using mobile technology, we have given them a voice and a channel to communicate their experiences directly to the government.”

IBM developed the cloud and analytics platform underpinning the service along with Sierra Leone’s Open Government Initiative. Local telco Airtel has set up the toll-free number via which citizens can send SMS messages, while Kenyan start-up Echo Mobile anonymises the SMS data.

Cambridge University’s Africa’s Voices project helped incorporate questions sent via SMS into public service announcements to elicit feedback from citizens in both English and Krio.

According to IBM the organisations are working to extend the platform’s capabilities by incorporating phone signal data to track footfall, enabling scientists to map and accurately predict the disease’s spread.

IBM said it’s already opened up the IBM Connections platform to Nigeria’s Lagos State Government, which hosts an Ebola Operations Centre that coordinates disease containment efforts on behalf of the Nigerian government and other organisations.

The goal, IBM said, is to create a cloud-based Ebola Open Data Repository which will provide governments, aid agencies and researchers with free and open access to valuable data related to the Ebola outbreak.

This isn’t the first time IBM has coordinated technology deployments in a bid to support disaster relief initiatives. The company granted access to its SmartCloud platform to support both post-Haiti and Chile quake efforts in 2010.

People pose the greatest risk for network security – what can companies do?

Guest post from Rick Delgado.

Rick DelgadoWhile people can be the greatest asset, at times improving the bottom line for any organization, people also pose the greatest risk for network security. Employees can open enterprises up to data breaches in many ways whether it’s through ignorance, malicious intent, or pure carelessness.

What is a Data Breach?

A data breach is the unauthorized or illegal viewing, access, or retrieval of data by an individual, application, or service. It’s designed to steal and/or publish data to an unsecured location, also known as a data spill or data leak. Recent examples of data breaches of high impact are the breaches of Home Depot and Target. Home Depot’s breach affected about 56 million credit and debit cards, and Target impacted nearly 40 million cards. 43 percent of companies experienced a data breach in the past year, which is an increase of ten percent compared to the year before that.

Employee Negligence

According to one study, 80 percent of data breaches happen because of employee negligence. The root cause of the breach can be traced to someone giving out their password, a misplaced USB, spear phishing scams, or even a door left open to the company network center. Nearly 30 percent of companies who experienced a breach did not have a response plan or a team in place. Part of the issue with creating effective breach plans is the lack of employee confidence in their organization’s ability to take precautions. Only about 30 percent of people surveyed about their organization’s plans felt those plans were effective or very effective.

Limiting Access to Personal Data

Not limiting access to personal data comes with its consequences. About 70 percent of people in a recent poll reported they or one of their friends were spammed on a social networking site like Facebook. 46 percent were victims of phishing attacks and another 45 percent received malware.

Employees who share too much information on their social profiles put themselves and the enterprise at risk for data theft. Cybercriminals can steal company information through profiles and posts with attacks based on interests and likes. The security threats, also known as social engineering, are difficult to recognize and affect sites like Twitter and Google+. Attacks like “clickjacking” or “likejacking” trick web users into sharing confidential information, or they can take control of their computer when users access a certain link. Scammers will attract the curiosity of users with ambiguous entertaining headlines, getting users to share it with their friends and making it viral across the web.

Reducing the Risk Internally

Companies can reduce the risk to network security through training and establishing security plans. Although not every employee will express full confidence in their data breach response plan, it’s important to create one so the company has a platform to act on in case of an attack.

The first step in creating an effective plan is preparing only for incidents of concern to your business. It’s impossible to plan for everything and there’s no reason anyone should. The next step is to practice planned responses. A plan is worthless if it isn’t put into action. After creating an effective plan and practicing planned responses, it’s important for the company to think about responding in “minutes” and not “hours.” Companies need to move quickly to determine the cause and impact of the attack on their network security. The last two steps to a successful data breach response plan is to not over-communicate and to focus on restoring service before doing the forensics. Sharing too much information will put employees and shareholders into panic mode while creating a media mess. Restoring service should come first because the needs of customers need to meet, otherwise margins will drop drastically.

Proper training of employees can help a company keep everyone as informed as possible, in turn boosting network security. Knowledge is power, so executives will need to decide how much information employees should have and what types of information they’re allowed to share on their networking profiles. Keeping close tabs on company data may seem time consuming and tedious, but it’s not worth the risk of losing mission-critical information, tax records, and whatever else cyber criminals may be after.

About Rick Delgado: I’ve been blessed to have a successful career and have recently taken a step back to pursue my passion of freelance writing. I love to write about new technologies and keeping ourselves secure in a changing digital landscape. I occasionally write articles for several companies, including Dell. Twitter: @ricknotdelgado

Analytics and Big Data

Cloud and Digital Services: Enabling Trading at the Speed of Light

Ahead of Cloud Asia, we speak to Rocky Scopelliti, Group General Manager, Industry Centre of Excellence, Telstra, Australia in order to determine some of the winning steps companies should be taking when approaching data analytics.

Rocky Scopelliti Head ShotWhen thinking about those companies that are successful in terms of their data analytics, there are inevitably some common characteristics in terms of their approach to them, and the company-wide policy with regard to them. Rocky is in agreement with this, stating that for these companies “their analytics support a strategic, distinctive capability, while the approach to, and management of, analytics is enterprise-wide”. What’s more, “Senior management are committed to the use of analytics; and the company makes a significant strategic bet on analytics-based competition”.

It’s not just the responsibility of the enterprise, however; ICT organisations have a vital role in enabling more competitive and effective data analytics, by creating an environment for them to succeed. Looking at a specific vertical – Financial Services – this is something that Telstra refer to as a Smart Connected Financial Services World. This, according to Rocky “will enable data analytics to benefit financial institutions; it will be used to respond to the changing competitive environment, and how the design of experiences will be valued by consumers, delivering growth. Demand for ‘trading at the speed of light’ and the need for shaving nanoseconds of latency has seen organisations like Telstra make significant investments in cable systems linking global markets and exchanges”. Trading at the speed of light is paramount, where a fraction of a second can cost millions. As global technology infrastructure develops even further, consumers across all verticals will inevitably become more demanding – what will be next, retailing at the speed of light? Data mining at the speed of light?

Looking specifically at what Telstra can offer to enable a Smart Connected Financial Services World, they have a wide range of cloud and leading edge digital services to enable institutions to reduce risk, improve productivity and create growth. When discussing this, Rocky makes the point that “Our research demonstrates that there is very strong customer demand for the personalisation and convenience that relationship managers typically provide. Unfortunately, direct relationship management is relatively expensive and is typically restricted to very high value customers”. However, there are several options: “Contact.Me brings together the best of a virtual IPA and a real, but remote, relationship manager in a single, engaging interface. Also we have Branch.Me, which is all about personalising the customer’s experience while they are visiting the branch – should they opt in for this level of service. In terms of a personalised customer experience, we have Digital.Me, it isn’t just about using analytics to help the customer manage their finances more easily and effectively, it’s also about creating a platform that will allow providers to offer new services that customers will value”.

Finally, talk turns to this November’s Cloud Asia event, where Telstra are the exclusive Enterprise Cloud Partner. Rocky’s reasons for Telstra’s participation at this important industry meeting place are that “Cloud Asia brings together new insights from leaders breaking new ground. I look forward to contributing my thought leadership on how Cloud can create new business models to compete in an increasingly data-fused environment”.

We look forward to it too. You can join Rocky, and all our event participants, by registering today. With a free-to-attend expo, and complimentary conference passes for enterprise, make sure you’re part of the conversation.

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The Analytics and Big Data Congress 2014 Brochure is now available! #Bigdataws

We are delighted to announce that the Analytics and Big Data Congress brochure is now available for you to download today!

With 100+ attendees already registered and an impressive speaker line-up, we are excited for this year’s congress taking place in London between 2-3 December and hope you can join us!

The 5th Analytics & Big Data Congress will bring together experts from technical and business functions to discuss their challenges, needs, misconceptions and ultimately find common ground to collaborate and ensure they can make the most of their data.

Join this 2 day event to learn about best practices applied by your peers, ask for expert advice, explore state of the art tools and discuss successful methodologies!

Visit the event website for more information!

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Interview with Analytics and Big Data Speaker, Carl Wiper from the Information Commissioner’s Office #bigdataws

2013_Feb_Carl_WiperIn the build up to the Analytics and Big Data Congress taking place in London between 2-3 December, we caught up with Speaker Carl Wiper from the Information Commissioner’s Office. Read on for his view on the World of Analytics and Big Data!

a) What does your role at the ICO involve?

I work in the Policy Delivery department of the Information Commissioner’s Office (ICO). This involves researching new developments, such as the growth of big data and open data, and working out the implications in terms of data protection and freedom of information. We then produce guidance documents to help practitioners to comply with the Data Protection Act and the Freedom of Information Act.

b) What do you foresee as being the growing challenge you will face in your role over the coming 3 years, and how are you preparing to face this?

Developments in technology, including the growing capability of big data analytics and the Internet of Things, mean that personal data is being collected and used in new ways that may not be apparent to the people concerned. The challenge for us is to understand how the data…

To download the full free interview, please visit: www.analyticsandbigdatacongress.com/speaker-interview-with-carl-wiper-information-commissioners-office

Join Carl Wiper along with senior analytics and big data experts from; Asda, BBCNational Grid, Vodafone, Walt Disney Company… and many more! at the Analytics and Big Data Congress taking place in London this December 2014!

Click here to register for a free enterprise pass!

Speaker Interview with Dan Senter, Reporting Centre of Excellence Manager, National Grid #bigdataws

dan senter picIn the build up to the Analytics and Big Data Congress taking place in London between 2-3 December, we caught up with Speaker Dan Senter from the National Grid. Read on for his view on the World of Analytics and Big Data!

Dan Senter is Reporting Centre of Excellence Manger for the Shared services division at National Grid, international electricity and gas company based in the UK and northeastern US.  Dan has worked in business intelligence, change management and business transformation for the last 12 years, with specialist training in statistical analysis, data management, lean six sigma and PRINCE 2 project management. Prior to National Grid Dan was Head of Business Intelligence for Balfour Beatty Services amongst other roles there in Operations and Business Improvement and previous to this worked in manufacturing as a Continuous Improvement Coach at Tata Steel and Senior Development Engineer at Outokumpu Stainless. He has an MBA from Nottingham Trent Business School and an MEng in Materials Engineering from Birmingham University.

What has your experience with data analytics been?

I first got into analytics through my involvement in Business Improvement initiatives where I was working in a business implementing Lean methodologies. One of the fundamental elements to Lean is to always manage by fact, which means decisions are made based upon data… As a consequence many of the projects I worked on both started and ended with understanding the data, analysing it and developing ways to empower the business to take better decisions based upon what the data was telling them. Since those very early days at the start of my career working in business improvement I have moved wholly into the space of Business Intelligence working with businesses to improve the way in which they transform their data into meaningful information and enable them to make better quality decisions.

Do you think it is important for organisations to invest in analytics? If yes, why?

In short yes… Many if not all organisations are looking for more ways to understand their customers, their markets, their competitors, their own performance and much more. To do this businesses need the right combination of tools, data and knowledge to complete this analysis. As the volumes of data and speed in which it is being created more work is needed to ensure we focus of the things than can generate most valuable insights.

Why is there a fuzz about agility in Business Intelligence?

BI tends to have a bad name… In many organisations BI has been something owned by IT and ‘done to’ the business using traditional waterfall processes where all requirements are captured upfront to then be subsequently delivered. The nature of BI is that you never really quite know exactly what you need or could have until you start to see some data or transformations of data. Therefore the traditional approaches have ended up with increased and the end products not really fit for purpose. Business intelligence needs to be within the business with IT to support with the tools and the BI team working close to the business in translating requirements to n small deliverable insights. Development should be done following a balance of iterative emergent discovery to help the business use information as soon as it becomes available and feedback to refine future outputs.

More about the event!

The 5th Ananalytics-bd-143x154alytics & Big Data Congress is your ultimate chance to meet and learn from end-user leading organisations. Consumer insights, marketing, analytics, data experts and more are coming together to provide an in-depth business value case for Analytics and Big Data.

An agenda led by practical examples, advice and real world evidence, with an emphasis on engaging content and interactive formats, delivered by experienced market leaders.

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