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BIG DATA THEN AND
NOW
What we can learn from the ancients
Big Data in the Ancient World
■ The library at Alexandria
was the center of Big
Data in the ancient world
■ Created in 300 BC by
Ptolemy II of Egypt
■ People from around the
world would gather and
spend their entire lives
studying
The Ancients are Relevant Today
■ The Ancients used Big Data
to make discoveries that
changed the world
■ Euclid’s Geometry is taught
even today
■ Eratosthenes, using the
shadow of the sun at the
summer solstice, calculated
the circumference of the
earth
■ They knew the importance
of Big Data to discover ‘Big
Answers’
'Big Questions' of Today
■ Big Data is used even today
to answer some pressing
questions
■ What are the building
blocks of the Universe?
■ Can genomics help improve
the health of mankind?
■ What is the future of our
planet?
■ Can we solve world
hunger?
■ Can we survive climate
change?
Big Data in the 21st Century
■ Institutions even today gather
information on a large scale
■ Similar to a technologically
advanced library at Alexandria
■ The data is then used by
researchers in their projects to
analyze ‘Big Questions’
■ This often leads to
breakthroughs
■ Big Data is as important now
as it was in the ancient world
Big Data Institutions – CERN
■ The European Organization
for Nuclear Research
■ CERN made the World
Wide Web available to all
of humanity
■ The Large Hadron Collider
collects data on a massive
scale — one experiment
can provide data for more
than 140 countries to study
Big Data Institutions – ExAC
■ Exome Aggregation
Consortium constitutes an
organization of scientists
studying genes sequencing
data
■ Aims to identify genetic
mutations and improve cures
and disease prevention
■ DNA sequencing data from
more than 60,000 people
facilitates the study of genetic
variation
■ Data and services available to
variety of projects and public
Big Data Institutions – NERSC
■ National Energy Research
Scientific Computing Center
■ A high performance computer
facility for scientific research
■ It is the primary scientific
computing facility for
the departments of science
and energy in the US
■ Facilitates the study of more
than 6000 scientists
researching a variety of ‘Big
Questions’
Big Data Institutions – Brookings
■ More than a century old think
tank with one of the largest
budgets
■ Has more than 300 leading
experts all over the world
■ Three broad goals
■ Strengthen American
democracy
■ Foster the economic and
social welfare, security, and
opportunity of all Americans
■ Secure a more open, safe,
prosperous, and cooperative
international system
Big Data in Finance
■ Financial institutions are
constantly looking for
information advantage
■ 2.5 quintillion bytes of data
are created on a daily basis
■ It helps them develop
■ Customer insight
■ High-frequency trading
■ Risk management
■ Regulatory compliance
■ Credit worthiness
■ Commodity trading
Big Data in Finance
■ Facts and Figures
■ 41% of banks use advanced
Big Data tools
■ 71% of financial institutions
believe Big Data gives them
a competitive edge
■ 37% have implemented Big
Data technology for
operations and customer
efficiency
■ 60% get an additional
return on data assets
Big Data in Retail
■ Big Data analytics in retail
process
■ Predicting trends
■ Forecasting demand
■ Optimizing pricing
■ Personalize shopping
experiences
■ Retailers are embracing a
‘data-first’ action plan
■ Helps them understand
and match a customer to
the right product
Big Data in Retail
■ Use Cases
■ eBay
■ Handles extreme data velocity: 6 billion writes and 5 billion reads
everyday
■ Amount of data stored: 250 TBs
■ Groupon
■ Relies on information from customers and vendors thus making
daily seamless deal transactions
■ Declared ‘The fastest growing company ever’ by Forbes magazine
■ Amazon
■ One of the best models of ecommerce Big Data utilization
■ Data collected from 800,000 sellers and 40+ million monthly visitors
Big Data in the Automotive Industry
■ Big Data sources for this
industry
■ Sensors
■ Machines
■ Social media
■ Driver behavior
Big Data in the Automotive Industry
■ Big Data has helped the industry
■ Increase customer loyalty
■ Improve vehicular performance and maintenance
■ Reduce warranty costs
■ Improve dealer performance
■ Also in the works
■ Usage-based Insurance aligns driving behavior with premium
rates
■ Smart phones can now read mileage and driving behavior
using apps
Big Data in the Automotive Industry
■ General Motors
■ Developed new Big Data
centers with almost 37,000
servers
■ Plans to spend $ 546
million on expanding their
new data centers with a
focus on
■ Dealership Performance
■ Personalized Marketing
■ Telematics and Connected
Smart Cars
The Future of Big Data
■ Data volumes will continue to expand
■ Data analytics will emerge strongly, the growth of
Microsoft and Salesforce stand as proof
■ Machine Learning, a key strategy for data preparation
and predictive analysis
■ A chief data officer will soon become a standard and
aspirational post
■ Data-as-a-service business will soon spread
Conclusion
■ All the information in the
‘Data Lake’ of antiquity
would now fit in an
underwhelming 500 GB
■ Information more durable
and easily disseminated
today
■ The goal remains the same
– to amass and analyze
data so that discoveries
and growth can flourish
More Information
■ If you have an idea or want to innovate, contact us on:
www.extentia.com/contact-us
■ Write to inquiries(at)extentia.com or
call +91 20 6728 5200 (India)/+1-408-627-4094 (United States)
Big Data Then and Now

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Big Data Then and Now

  • 1. BIG DATA THEN AND NOW What we can learn from the ancients
  • 2. Big Data in the Ancient World ■ The library at Alexandria was the center of Big Data in the ancient world ■ Created in 300 BC by Ptolemy II of Egypt ■ People from around the world would gather and spend their entire lives studying
  • 3. The Ancients are Relevant Today ■ The Ancients used Big Data to make discoveries that changed the world ■ Euclid’s Geometry is taught even today ■ Eratosthenes, using the shadow of the sun at the summer solstice, calculated the circumference of the earth ■ They knew the importance of Big Data to discover ‘Big Answers’
  • 4. 'Big Questions' of Today ■ Big Data is used even today to answer some pressing questions ■ What are the building blocks of the Universe? ■ Can genomics help improve the health of mankind? ■ What is the future of our planet? ■ Can we solve world hunger? ■ Can we survive climate change?
  • 5. Big Data in the 21st Century ■ Institutions even today gather information on a large scale ■ Similar to a technologically advanced library at Alexandria ■ The data is then used by researchers in their projects to analyze ‘Big Questions’ ■ This often leads to breakthroughs ■ Big Data is as important now as it was in the ancient world
  • 6. Big Data Institutions – CERN ■ The European Organization for Nuclear Research ■ CERN made the World Wide Web available to all of humanity ■ The Large Hadron Collider collects data on a massive scale — one experiment can provide data for more than 140 countries to study
  • 7. Big Data Institutions – ExAC ■ Exome Aggregation Consortium constitutes an organization of scientists studying genes sequencing data ■ Aims to identify genetic mutations and improve cures and disease prevention ■ DNA sequencing data from more than 60,000 people facilitates the study of genetic variation ■ Data and services available to variety of projects and public
  • 8. Big Data Institutions – NERSC ■ National Energy Research Scientific Computing Center ■ A high performance computer facility for scientific research ■ It is the primary scientific computing facility for the departments of science and energy in the US ■ Facilitates the study of more than 6000 scientists researching a variety of ‘Big Questions’
  • 9. Big Data Institutions – Brookings ■ More than a century old think tank with one of the largest budgets ■ Has more than 300 leading experts all over the world ■ Three broad goals ■ Strengthen American democracy ■ Foster the economic and social welfare, security, and opportunity of all Americans ■ Secure a more open, safe, prosperous, and cooperative international system
  • 10. Big Data in Finance ■ Financial institutions are constantly looking for information advantage ■ 2.5 quintillion bytes of data are created on a daily basis ■ It helps them develop ■ Customer insight ■ High-frequency trading ■ Risk management ■ Regulatory compliance ■ Credit worthiness ■ Commodity trading
  • 11. Big Data in Finance ■ Facts and Figures ■ 41% of banks use advanced Big Data tools ■ 71% of financial institutions believe Big Data gives them a competitive edge ■ 37% have implemented Big Data technology for operations and customer efficiency ■ 60% get an additional return on data assets
  • 12. Big Data in Retail ■ Big Data analytics in retail process ■ Predicting trends ■ Forecasting demand ■ Optimizing pricing ■ Personalize shopping experiences ■ Retailers are embracing a ‘data-first’ action plan ■ Helps them understand and match a customer to the right product
  • 13. Big Data in Retail ■ Use Cases ■ eBay ■ Handles extreme data velocity: 6 billion writes and 5 billion reads everyday ■ Amount of data stored: 250 TBs ■ Groupon ■ Relies on information from customers and vendors thus making daily seamless deal transactions ■ Declared ‘The fastest growing company ever’ by Forbes magazine ■ Amazon ■ One of the best models of ecommerce Big Data utilization ■ Data collected from 800,000 sellers and 40+ million monthly visitors
  • 14. Big Data in the Automotive Industry ■ Big Data sources for this industry ■ Sensors ■ Machines ■ Social media ■ Driver behavior
  • 15. Big Data in the Automotive Industry ■ Big Data has helped the industry ■ Increase customer loyalty ■ Improve vehicular performance and maintenance ■ Reduce warranty costs ■ Improve dealer performance ■ Also in the works ■ Usage-based Insurance aligns driving behavior with premium rates ■ Smart phones can now read mileage and driving behavior using apps
  • 16. Big Data in the Automotive Industry ■ General Motors ■ Developed new Big Data centers with almost 37,000 servers ■ Plans to spend $ 546 million on expanding their new data centers with a focus on ■ Dealership Performance ■ Personalized Marketing ■ Telematics and Connected Smart Cars
  • 17. The Future of Big Data ■ Data volumes will continue to expand ■ Data analytics will emerge strongly, the growth of Microsoft and Salesforce stand as proof ■ Machine Learning, a key strategy for data preparation and predictive analysis ■ A chief data officer will soon become a standard and aspirational post ■ Data-as-a-service business will soon spread
  • 18. Conclusion ■ All the information in the ‘Data Lake’ of antiquity would now fit in an underwhelming 500 GB ■ Information more durable and easily disseminated today ■ The goal remains the same – to amass and analyze data so that discoveries and growth can flourish
  • 19. More Information ■ If you have an idea or want to innovate, contact us on: www.extentia.com/contact-us ■ Write to inquiries(at)extentia.com or call +91 20 6728 5200 (India)/+1-408-627-4094 (United States)