Carrying forward from our discussions in #hkuiom regarding Sensor Tech, the Internet of Things and Big Data in the context of manufacturing, below is a video caselet. Stanley Black & Decker has scratched the tip of the iceberg that we have envisioned in our discussions.
Here is an infographic released by IDC last year, that showcases the (lack of) awareness of Big Data among manufacturers in Asia.
Data is Money. The pace at which User Generated Content is being created increasing, and consequently so is the wealth of the IT companies that own it. This animated gif provides an understanding of the scale of this data deluge.
Click the animation to open the full version (via Penny Stocks Lab).
Sticking with the theme of advertising and analytics, here is the video we use in #hkuiom to illustrate why ‘Analytics’ cannot be viewed in isolation.
Big data presents several opportunities to entities that are able to make sense of it. This infographic, by Elexio.com, presents an overview of the rate of big creation, and opportunities for value creation across various fields due to big data.
Image via elexio.com
Key tech trends include wearable computing, contextual apps, big data and maturation of social networks.
Futurologist Robert Scoble has predicted four major tech trends – wearable computing (see my previous posts here), contextual apps, Big Data (see previous posts here), and social network maturation.
future (Photo credit: Sean MacEntee)
While these trends will surely change commerce practice in the coming years, the nexus of these trends will be immensely disruptive. Think convergence – contextual apps on wearable computers that provide services based on real-time analysis of social and location data, delivered via omnipresent wireless internet access.
Wearable computing: Think Google Glasses or Motorola Solutions’ new HC1 headset computer that you attach to your head and operate with voice commands
The “open world”: Android’s relative openness has encouraged “contextual apps” to emerge from the woodwork. “Apple doesn’t let them [developers] talk to the WiFi radio or bluetooth radio,” said Scoble.
Weird databases and the rise of “big data”: “We are seeing weird databases spring up like mushrooms,” said Scoble. These include NoSQL, Firebase, and MongoDB.
The maturation of social networks: The leading social media sites like Facebook, Twitter, and LinkedIn are accumulating a massive store of user-generated data. What will they do with it?
Read more at http://venturebeat.com/2012/10/24/scoble-kawasaki/#B8hsX6orKpglPyWy.99
Gartner predicts that worldwide IT spend will reach $3.7 trillion in 2013.
Worldwide IT spending is forecast to surpass $3.7 trillion in 2013, a 3.8 percent increase from 2012 projected spending of $3.6 trillion,
from Gartner Says Big Data Creates Big Jobs: 4.4 Million IT Jobs Globally to Support Big Data By 2015
Big Data will contribute a small share of this total spend.
English: Gartner Research’s Hype Cycle diagram (Photo credit: Wikipedia)
Big data will drive $28 billion of worldwide IT spending in 2012, according to Gartner, Inc. In 2013, big data is forecast to drive $34 billion of IT spending.
from Gartner Says Big Data Will Drive $28 Billion of IT Spending in 2012
However, an increasing proportion of worldwide IT spend will be outside traditional IT budgets, leading to the rise of new organizational roles and responsibilities in the area of digital strategy.
Twelve years ago technology spending outside of IT was 20 percent of total technology spending; it will become almost 90 percent by the end of the decade,
Gartner predicts that by 2015, 25 percent of organizations will have a Chief Digital Officer.
from Gartner Says Every Budget is Becoming an IT Budget
Other key forecasts include the proliferation of mobile devices, leading to a BYOD, mobile work culture.
In 2016, more than 1.6 billion smart mobile devices will be purchased globally. Two-thirds of the mobile workforce will own a smartphone, and 40 percent of the workforce will be mobile.
by 2018, 70 percent of mobile workers will use a tablet or a hybrid device that has tablet-like characteristics.
Gartner predicts that in three years, 10 organizations will each spend more than $1 billion on social media.
from Gartner Says Big Data Creates Big Jobs: 4.4 Million IT Jobs Globally to Support Big Data By 2015
I recently revisited Prezi and set up a new Edu account, which provides the ability to have private, secure content for free (note that Prezi’s created using standard free accounts are public).
Core Features
500 mb Storage Space
Make prezis private to secure your content
Use your own logo instead of Prezi’s
via Pricing | Prezi.
Also noted that Prezi has a new PowerPoint import feature:
There are also new 3D background and fade in zoom features. In case you are wondering what Prezi is all about, either see the short video below:
Or see this slightly longer, but more informative video:
Bottom line: Prezi is an exciting new (ish) information viewing and sharing service based on a freemium model, which is a harbinger of several future trends in information & content discovery. Give it a whirl!
Prezi Logo (Photo credit: Wikipedia)
This infographic, by edCetraTraining.com, presents the what, why and future of Big Data. While this trend is driven by increased literacy improved accessibility through more devices, and cheaper storage technologies, virtualization, data mobility and portability, and trend prediction are future of Big Data. Other interesting facts are that 75% of all data is a copy and 80% of corporate data is unstructured.
Image by edCetraTraining.com
See the original infographic here.
This infographic, shared by Wikibon, highlights the changing role of the CIO. A top priority for CIOs today is supporting business transformation through the application of cloud, mobile and big data.
Think of the CIO as managing a portfolio of applications, technologies, people and processes. The technology portfolio is allocated to initiatives that are designed to 1) Run the business 2) Grow the business and 3) Transform the business. Like a good portfolio manager, the CIO must balance risk and reward by allocating resources in a balanced manner.
There are several other nuggets of information available on this infographic, including the fact that cloud adopters save an average of 21% annually.
via The Changing Role of the CIO [Infographic] « Wikibon Blog.
