Network Asia — The United Nations has projected that 66% of the world’s population will be living in urban cities by 2050 with Asia being a major driving force behind this phenomenon. In 1950, only 17% of the Asian population lived in urban areas. By 2030, more than 55% of the population will be urban. This amounts to an increase of the total urban population in Asia from 232 million people to 2.7 billion.
Want China Times — Privately owned Chinese banks will need to use big data if they hope to compete with rivals backed by internet companies in the growingly important online market, according to an executive at business software company SAS. These private banks rely mainly on an “asset-light” business model with fewer brick-and-mortar outlets and a relatively strong focus on online operations, said Irene Xu, practice lead for customer intelligence at SAS North Asia, in an interview with China Entrepreneur.
Business Finance News — Alibaba Group Holding Ltd is reported to have a signed a tactical deal with vastly diversified portfolio supply company, Unilever plc on Sunday. The deal will help Unilever to tap into a much wider consumer-base in China, with the help of Alibaba’s vast e-commerce network. Although, initial reports lack deal’s financial details and its date of implementation.
Networks Asia — As the Internet of Things makes the world more connected, ZTE Corporation will intensify research on 5G, SDN (Software Defined Networks), cloud computing and Big Data to help customers build next-generation networks and technology infrastructure supporting more dynamic services provisioning, Chief Technology Officer Dr. Zhao Xianming said at the ZTE Global Analyst Conference in Shanghai.
CE Asia Mag — When combined with the opportunities generated by increasing trade between emerging markets in Asia-Pacific and Japan, it is an exciting time to be a manufacturer, and those in the region are expected to lead the global charge. According to IDC, manufacturers in Asia-Pacific and Japan will be among the first to develop new low-cost manufacturing centers using new technologies to drive connectivity and visibility across the entire value chain.
Microsoft has taken its big data analysis to China, with computing models that can forecast the air quality across 41 cities in the country. Pollution continues to be a major problem in China, with hazardous air quality levels a common occurrence in cities including Beijing. To bring some clarity to the situation, Microsoft has come up with a mobile app that can predict the air quality two days in advance. The Your Weather app works by first taking official data from government air quality monitoring stations across a 300 kilometer distance, and then using weather data to predict the pollution levels.
Taiwan could lag behind China in the development of Big Data related businesses as Taiwan makers are still focusing on hardware products such as servers and storage devices, while rivals in China have stepped up efforts to develop applications and ecosystems. The recently concluded Guiyang International Big Data Expo 2015 was held in Quizhou province, a rather remote region in northwestern part of China, and yet the trade fair attracted nearly 400 companies to participate, including Foxconn Electronics, Alibaba, Huawei, ZTE, Hewlett-Packard (HP) and Cisco Systems.
Telstra has deployed a predictive analytics system that uses its operational data to help identify network issues before they occur. The big data facility is managed by CTO Vish Nandlall, who described it as “one of the largest Hadoop infrastructures in Australia”. Telstra has not revealed the cost of the facility, which has been rolled out progressively during the past nine months. “Conventional network problem solving generally only responds to events that have occurred,” a Telstra spokesperson said.
China attaches great significance to big data and will roll out measures to encourage IT-related entrepreneurship and innovation, according to a message from the premier released Tuesday. Premier Li Keqiang left the message for the Big Data Expo, which opens on Tuesday in southwest China’s Guizhou province. “Data is a basic resource and an important productive force. Big data, combined with cloud computing and the Internet of Things, is rapidly and deeply changing the ways of production and living,” said Li in the message.
Global efforts in developing big data and the Internet of Things (IoT) are expected to give a boost to Taiwan’s information services industry, the Market Intelligence Center (MIC) said Saturday. On the back of development in these two sectors, Taiwan’s information service market is estimated to grow to NT$176.3 billion (US$5.78 billion) in 2018 from a projected NT$156.7 billion (US$25.2 billion) for 2015, the MIC said.
The big data era has arrived and it is causing big changes to the playing field for enterprises, with China’s telecom operators having begun construction of big data systems and applications in a bid to fully explore the value of information assets and generate new profit points, People’s Posts and Telecommunications News (PPTN) reports. In general, telecom operators’ applications on big data can be separated into internal applications and external.
China Unicom will establish a joint venture with Telefonica, a leading Spanish multinational telecom company. According to China Unicom, the preparation team has been formed and the joint venture will soon be launched. Under the agreement signed by the two parties, the joint venture will have total capital of CNY100 million, including CNY60 million from China Unicom and CNY40 million from Telefonica.
NEW DELHI: India and Japan on Thursday said new frontier of Information Technology (IT) such as Internet of Things ( IoT) and Big Data along with high skilled Indian IT engineers and entrepreneurs can boost Indian and Japanese companies’ creative business activities and promote innovation. India’s communications and IT minister Ravi Shankar Prasad and Japan’s minister of economy, trade and industry Yoichi Miyazawa, in a joint statement, emphasised the need of business promotion and human resource interaction of both countries in the IT field and shared the view that the interaction will promote mutual investment.
Strong demand for data centers from a wide range of businesses around the world has paved the way for the development of “big data,” the use of predictive analytics and other advanced methods to process enormous amounts of information. According to Shanghai’s China Business News, the big data development has prompted many enterprises to pour large amounts of capital into infrastructure in a bid to enter the booming information processing sector.
The Malaysian government has introduced an online course on data science for its civil servants, while seven local universities are to offer data science courses to students. The online course is available to the public and private sectors through Coursera, a web site for massive online open courses (MOOCs), using material from Johns Hopkins University. In two days after announcing the course, “we received more than 400 applications for this course”, Dr Karl Ng, Director of Innovation Capital at Malaysia’s Multimedia Development Corporation (MDeC), and the lead official for the national Big Data plan, told FutureGov.
Malaysia has signed a new deal with a private sector analytics firm to help achieve its goal of becoming a regional Big Data hub. The Malaysian Development Corporation (MDeC) and SAS have signed an agreement to set up a Centre of Excellence that will build and test Big Data proofs of concepts for government and commercial use. The centre “will mobilise the country’s top BDA [Big Data analytics] experts to develop national high-impact use cases and proofs of concepts to drive BDA adoption and innovation”, said Ng Wan Peng, Chief Operating Officer at MDeC.
SHANGHAI: Chinese e-commerce titan Alibaba Group Holding Ltd has tied up with Sinopec, Asia’s biggest oil refiner, to provide cloud computing services and ‘big data’ analysis, the companies said. The link-up was for technical services and did not involve equity cooperation, China Petroleum & Chemical Corp, or Sinopec, said on its official microblog. It did not say how much money was involved. Cooperation between Alibaba, a poster child for private enterprise in China, and one of the country’s biggest state-owned companies dovetails with government policy.
Every day in Tokyo, 360 million traffic data records are analysed in a matter of seconds, then relayed back to taxi drivers in real time. Drivers rely on up-to-date information to determine whether or not they should make a left turn at the next junction. This is but one of the ways in which Big Data is serving the needs of citizens on a practical, daily basis. Governments in Malaysia, Singapore, Australia, Indonesia, Hong Kong, Korea and New Zealand also have their own struggles – and their successes have been captured in our latest eBook.
Chinese e-commerce giant Alibaba has recently launched a competition that challenges young contestants’ capability to apply big data to some of the company’s current business areas. The winning team will be awarded 1 million yuan (US$160,000) and career opportunities. Behind the initiative, dubbed “Tianchi” or Heaven Lake, is the Institute of Data Science and Technologies (IDST), led by the company’s vice president Jack Tu, a former Silicon Valley IT expert and the author of The Big Data Revolution.
The Chinese University of Hong Kong (CUHK) has established the Stanley Ho Big Data Decision Analytics Research Center, the first tertiary institutions to do so in Hong Kong, it said in the city on Thursday. The research to be carried out by the center aims to address important issues spanning six major areas, including healthcare, the environment, social networks, finance, logistics and learning.