Keynote: Studiedag Statistische Software Vlaamse Hogescholenraad Jeroen Derynck - ICT iminds

Transcription

1 Keynote: Studiedag Statistische Software Vlaamse Hogescholenraad Jeroen Derynck - ICT iminds

2 We see Information Technology as the driving force of innovation in many sectors of society

3 We are a research institute Societal challenges Employment Urbanization Aging Society Globalization Public health & well-being Environment Markets Technologies Cloud computing Internet of Things Big Data Connectivity & Sensor systems Security & Privacy Social & context based IT

4 Different Types of Research STRATEGIC research APPLIED (COLLABORATIVE) research!!!!!! TESTING and Living Labs INCUBATION & ENTREPRENEURSHIP 4

5 Strengths of 5 universities! 5

6 , PROJECTS with the industry START-UPS PARTNERS in the iminds ecosystem 40 mio TOTAL REVENUE 45 from the iminds incubation programs RESEARCHERS 53 1,000+ PUBLICATIONS on a yearly basis 6

7 iminds is truly an iminds is truly an INTERNATIONAL RESEARCH COMMUNITY Finland Austria Belarus Belarus Netherlands Netherlands Latvia Slovakia Lithuania Lithuania Sweden Sweden Belgium Germany Canada France Serbia Russia Russia United United Kingdom Kingdom Romania USA China Czech Republic Poland Portugal Spain Mexico Algeria Colombia Ecuador Grenada Brazil Argentina Argentina, Pakistan India Macedonia Sri Lanka Japan Hong Kong Myanmar Vietnam Iran Malaysia Turkey Greece Singapore Italy Italy Israel Côte d'ivoire Switzerland Côte d'ivoire 55 nationalities Switzerland Hungary Tunisia Croatia Bulgaria Egypt Palestine Syria Syrian Arab Republic Congo Congo Ethiopia 2012

8 Ontoforce and iminds 8

9 There is no such thing as BIG data 9

10 Only BIG questions 10

11 and BIG algorithms 11

12 $ 16.1 BILLION in 2014.and BIG bucks 12

13 We are drowning in information and starved for knowledge Naisbitt & Aburdene - Megatrends

14 1982 = year of the Commodore 64 Commodore 64 = 64 KB RAM iphone 5S = 1GB RAM 14

15 Data in the information society This level of information is clearly impossible to be handled by present means. Uncontrolled and unorganized information is no longer a resource in an information society, instead it becomes the enemy. Naisbitt & Aburdene - Megatrends

16 So tell me, what is big data? Big data is a collection of data from traditional and digital sources inside and outside your company that represents a source for ongoing discovery and analysis [Forbes] 16

17 The 3 types of data STRUCTURED data: information that is organized and which has a defined length and format (traditionally found in databases)! UNSTRUCTURED data: information that is not organized or easily interpreted by traditional databases or data models! MULTI-STRUCTURED data: a variety of data formats and types that are derived from interactions between people and machines, such as web applications or social networks. 17

18 Keep struggling to make sense 18

19 The 5 Vs of #bigdata Volume Velocity What about Value? Veracity Variety 19

20 The untapped big data gap 2.8 zettabytes of data was created and replicated in Of all that data, slightly less than one-quarter would be useful were it to be tagged and analyzed. Today, just 3% is tagged and only 0.5% is analyzed this is what we call the untapped big data gap. 20

21 The digital universe doubles every 2 years By 2020 the digital universe will hold 40 zettabytes of data, of which 33% will be useful [IDC] 21

22 The digital universe 22

23 Dark Data = Dark Matter of the digital universe The information assets organizations collect, process and store during regular business activities (like PST and zip files) but generally fail to use for other purposes like analytics, business relationships and direct monetizing 23

24 40 zettabytes is equal to 57 times the amount of all the grains of sand on all the beaches on earth 24

25 Happy days for hardware vendors 25

26 Machine to Machine Machinegenerated data accounts for 40% of the digital explosion 26

27 The Internet of Things: M2M 27

28 The storage capacity of the human brain 28

29 The memory lane 256 Megabytes 256 Gigabytes 256 Terabytes 256 Petabytes 256 Exabytes 29

30 The correct answer is 256 Exabytes equivalent of 1.2 billion PC hard drives 30

31 Where does all this data come from? 31

32 YOU: H2M 32

33 Digital is the new industrial revolution 33

34 Trend # 1 From Big Data to Smart Data 34

35 Do you want big or smart data? Data quality matters more than quantity, and proper analytics matter more than almost anything else 35

36 Accuracy 36

37 Trend # 2 Deriving Revenue From Data 37

38 Google and MapReduce (NOSQL) 38

39 Who jumps on the bandwagon? 39

40 Data is the new oil 40

41 The marketeers excuse 41

42 Trend # 3 Visualization Tools Become Essential 42

43 Presenting data in a digestible and intuitive manner is critical to empowering non-technical employees to derive insights from information 43

44 Trend # 4 Machine Learning and Predictive Analytics 44

45 Automated development of predictive models 45

46 Trend # 5 High Performance Computing 46

47 47

48 Trend # 6 Data Scientists are Sexy 48

49 49

50 By 2015 Big Data will create 4.4 million IT jobs But there is a challenge.there is not enough talent in the industry. Public and private education systems are failing us. Therefore, only one-third of the IT jobs will be filled. Data experts will be a scarce, valuable commodity. These jobs will be needed to grow your business and are the future of the new information economy. 50

51 Final Take aways Big Data is still in its infancy SQL-ification of NOSQL Innovators will pay a high price Can You afford to be a runner-up? You still need to have the essentials in place Technology does not run on itself We need to invest in education Have focus Keep the customer into the equation 51