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.
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.