Leveraging Big Data Value Towards a Data-driven Europe with joint PPP efforts

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1 Leveraging Big Data Value Towards a Data-driven Europe with joint PPP efforts Fraunhofer-Institute for Intelligent Analysis and Information Systems IAIS Fraunhofer Alliance Big Data European Big Data Value Partnership Taskforce

2 Big Data Trends Convergence Ubiquitous Intelligent Systems www. User Content Open Data 40 Zettabyte by 2020 [IDC 2012]

3 Sources/ : und McKinsey Studie, 2011

4 Big Data Competitive Edge [Sources/ : MIT Sloan Management Review 2012, 400 companies] 4

5 Big Data and the Digital Company Digital Intensity Digital Intensity Digital Intensity Transformation Management Intensity Transformation Management Intensity Transformation Management Intensity Revenue Revenue/Employee Fixed Assets Turnover Profitability EBIT Margin Net Profit Margin Market Valuation Tobin s Q Ratio Price/Book Ratio [MIT Sloan Management Review 2012] 5

6 Big Data a unique opportunity Big Data is possibly one of the few last chances for Europe s software industry to take a true leadership Karl-Heinz Streibich, CEO Software AG speaking at the inauguration of the Smart Data Innovation Lab, (cited from [BDV14, p. 5]) 2014 Smart Data Innovation Lab,

7 Big Data Uptake Worldwide [TCS 2013 Trend Study Big Data, 643 companies] 7

8 Relevance to enterprises in Europe [BITKOM Big Data Survey Germany 2014, 507 Companies] 8

9 Big Data Projects in European companies Does your company have a big data strategy in place? [BARC Big Data Survey Europe 2013, 274 Companies] 9

10 Barriers to Big Data in Companies Too few big data specialists Technical IT Security Requirements Insufficient Budget Privacy Regulations are a barrier Big Data Tools/Solutions are not sufficiently mature yet I know of too few supplier of big data solutions We don t have enough data I don t know of sufficiently many usage areas Our data are of insufficient quality [BITKOM Big Data Survey Germany 2014, 507 Companies, transl. SW] 10

11 Fraunhofer Alliance Big Data Joint competences in a»big Data Factory«for Germany Strategies, Solutions and Successes 25 Fraunhofer institutes one central coordination point Synchronized and broad competence portfolio with many years of expertise in big data in different sectors Best of class Big Data solutions for individual projects, consulting and qualification of personnel bigdata.fraunhofer.de Contact: (Chairman)

12 Creating a European Big Data Ecosystem A Partnership of multiple stakeholders will be needed Policy Makers Public and corporate users Big Data Vendors Big Data Value Ecosystem SMEs and startups Researche rs

13 Efforts towards a cppp A contractual Public-Private Partnership

14 Dimensions of the big data ecosystem [Cavanillas, Markl, May, Platte, Urban, Wahlster, Wrobel Big Data Value (Draft), 2014]

15 Big Data Value SRIA fundamentals Regulation Applications Development European Innovation Spaces Social Implications Providing Secure places for DATA Technology Development Building Skills Identifying Best Practices Maturing Tools Business Models & Ecosystems 15

16 European Innovation Spaces The Big Data Lab Insight Infrastructures Hardware Platforms (OSS Proprietary) Secure / Confidential Environment Scientific Personal Access and Support for Test/Trials/Validation Data Sources Data Access Private Industrial Open Data The Big Data Alliance Smart Data Innovation Lab BBDC Federation Collaboration Initiation to be agreed TeraLab 16

17 Agenda for Actions Contribution to Regulation IPR Liability Applications Development Decision making Logistics Health Energy Socio-Economic Implications Skills Acceptance/usage Trust, Privacy Technology Development Privacy & anonymisation Deep Analytics Optimised architecture Advanced visualisation Data management engineering Business Models & Eco Systems Value chain verification Validation Eco systems between small, large industry & Research Business models Best Practices Benchmarking 17

18 Leveraging Big Data Value Towards a Data-driven Europe with joint PPP efforts Fraunhofer-Institute for Intelligent Analysis and Information Systems IAIS Fraunhofer Alliance Big Data European Big Data Value Partnership Taskforce

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