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.
Big data may be used for credit checks for internet finance in China in the near future, reports our Chinese-language sister newspaper Want Daily. One correlation that has been thrown up already is that people who stay up late are more likely to be in debt, the paper said. At the session on internet finance during the Boao Forum for Asia (BFA), an annual conference held in China’s Hainan province, several attendees said that behavioral data is being used more and more often as a gauge of credit security by e-commerce companies.
MapMyGenome, a Hyderabad-based startup that screens your DNA for disease markers, has raised US$1.1 million in a pre-series A round of funding from Google India MD Rajan Anandan and other angel investors. The others include CMS Computers MD Aarti Grover, Hive Technologies MD Arihant Patni, and Singapore Angel Network CEO Satveer Singh Thakral.
“The potential of big data analytics is huge, especially from a government standpoint,” says Dr Karl Ng, Director of Innovation Capital at Malaysia’s Multimedia Development Corporation (MDeC), and the lead official on the country’s new big data initiative. FutureGov has exclusively interviewed Dr Ng to discuss how Malaysia plans to create a network of big data analytics labs, and the next steps the nation will take as it looks to become a world leader in the field.
Public sector organisations are struggling to manage the growing complexity of their IT environments, as line of business departments increasingly source their own technology solutions independently of the IT department. Combined with the growth of BYOD and the plug and play nature of cloud computing, IT departments are now increasingly required to support technologies that they may not have actually endorsed.
Malaysia’s Multimedia Development Corporation (MDeC) has announced plans for a Big Data Analytics Digital Government Lab and two partnerships with private sector organisations to help achieve its vision of the country as a regional Big Data hub. The Digital Government Lab will be set up by the Malaysian Administrative Modernisation and Management Planning Unit (MAMPU), and MIMOS, the national ICT research agency.
“Big Data has almost got to the point where the term puts people off,” admits Vivek Puthucode, General Manager of Public Services, Asia Pacific Japan, SAP. “So it is really important to focus on the immense opportunity, using technology that’s available today, to share information within and between agencies and significantly improve their operational decision-making.”
With new technologies emerging and dominating the way organizations and the workforce function, businesses can no longer afford to remain behind the curve. But as I travel around Asia-Pacific and Japan (APJ) to meet with customers, I continue to be impressed by how they are using technology to drive their businesses forward. The past year has seen greater adoption of trends like big data, cloud computing and BYOD.
The Malaysian government is training officials in analytics and data science skills, the Malaysian Administrative and Modernisation Unit (MAMPU) said, as a result of the government’s 2015 focus on Big Data. MAMPU recently signed a memorandum of understanding with the Technical University of Melaka (UTeM), where civil servants will be trained.
SK Telecom said Friday that it will increase its investment in big data-related platforms in order to diversify its revenue streams amid an era of the Internet of Things (IoT). The company, Korea’s top telecom carrier, identified IoT as its what’s next to offset growing concerns by investors for corporate sustainability to beat out saturation in the local telecom market.
NEW DELHI: Skills development firm NIIT today said it has partnered with Guian New Area in Guizhou province of China to offer programmes in new age IT solutions, especially Big Data. Under the agreement, NIIT will offer programmes in Big Data as Guian has been identified by the Chinese government as the national centre for the Big Data industry, NIIT said in a statement.
KUALA LUMPUR, Dec 23 — Social media, the cloud and big data will be the game-changing trends that will transform Malaysia’s information and communications technology (ICT) industry and spur further growth of the Internet of things (IoT) next year, say industty players. National ICT Association of Malaysia (Pikom) chairman Cheah Kok Hoong said Malaysia has started to tap into the rapidly growing potential of IoT, which could be a new economy itself covering business areas such as embedded device manufacturing, connectivity infrastructure and application deployments.
MongoDB and HCL Infosystems have announced a global partnership which will allow HCL Infosystems to further broaden its solution offerings in the emerging big data segment by developing services around MongoDB. Commenting on the partnership, Kamal Brar, Vice President APAC, MongoDB, said: “Big Data is more than just addressing increasing volume; organizations need solutions that can manage increasing data variety and velocity.
The growth potential of cloud computing and big data analytics will be two prominent investment ideas in the high-tech sector going into 2015, according to portfolio managers at Natixis Global Asset Management (NGAM). In a market insight piece, Ng Kong Chiat, equity analyst, portfolio manager, at NGAM affiliate Absolute Asia Asset Management, wrote that IT and hardware providers geared towards the long-term and structural growth of the cloud and big data offer an exciting investment theme.
TCS after market hours on Tuesday, 2 December 2014, announced the launch of its big data product “TCS Active Archive”, powered by technology from EMC, one of the most influential leaders in cloud computing, virtualization, big data, and IT security and protection. Specially designed for big data environments, the solution offers as high level of performance, scalability, security and cost controls for archiving, retrieving and managing the growing volume and variety of enterprise data, TCS said in a statement.
Tech Mahindra has announced the launch of Usage Based Insurance (UBI), a big data and predictive analysis driven platform for auto insurers. It allows them to adjust premiums according to actual usage patterns of individual drivers instead of industry averages. The platform is flexible to fit to the growing needs of global insurance enterprises, where the market is expected to grow $100 billion plus by the end of the decade.
Cloud computing, privacy and big data will increase in priority for enterprises in 2015, while the smart cities trend will continue in Asia Pacific as countries such as China try to address urbanisation issues, according to Hitachi Data Systems (HDS) Asia Pacific CTO Adrian De Luca. Speaking at the vendor’s Innovation Forum 2014 in Singapore, De Luca outlined the company’s predictions for 2015.
Cloud computer and Big Data services will play an important role of future development of China-based Alibaba Group, according to industry sources. To move toward its goal of becoming a cloud computing and Big Data service provider, Alibaba held a developer forum for the advancement of its Aliyun ecosystem in October. Alibaba has also teamed up China ITS, a technology solution and service provider for the transportation industry, to win contracts recently to set up and operate Wi-Fi networks in more than 300 railway stations in China.