Is the New

We need to find it, Dr Andrew Seit

VP/GM Search365
Extract it, Refine it, Distribute it and
Andrew.seit@search365.com.au
use it to drive Economic Prosperity Linkedin:
 Is the New

Or

Healthy dose of Scepticism is always good in the mix.

 Insight &
Action

Wisdom
Value of Data

Insight
& Action Knowledge
Wisdom

Information
Value of Data

Knowledge

Information
Data
Data Big Data
 Agenda

#1. Impact and Opportunity Big Data has created.

#2. Big Data Value Creation in Enterprise & Consumer

#3. Value Capture in Big Data for Government

Impact and Opportunity of Big Data

Source: Mckinsey

Start of the Revolution

Attack of The Exponential Age (Hockey Stick)

Delta Cost has decrease:

Storage
Computation
Mobile
Cloud (New Models)
SaaS, PaaS, IaaS

Do More with Less

The Hype Curve for Innovation
The internet of Things
Wearables
These Data has gone from being highly macro
Australian burn 1,800 calories per day
 to very personal

Nick burns 1982 calories per day

.to very Geospatially localized & Situational Aware
Big Data Just got Bigger
Recognised any of these Social Network?
Big Data awareness goes all the way to the top:

Big Data Opens up new possibilities

Privacy and securities needs to be revisited
Talents and knowledge is short in supply
 Key Questions C-Level asked most

Are we getting left behind

by our competitors?
1

How can we
sustain a pipeline Can we use
of opportunities How can our Company technology-enabled
5 over time? Win trends to change the
2 game?
With Technology?

What is a good place to What can we learn from

start in building this BD other industries?
4 technology position?
3
The ease of capturing big datas value , and the magnitude of
its potential, vary across sectors.

Source: Mckinsey
All Top Tier Consultants have their Big Data Gigs
 When Big Data meets Analytics

Volume
Analytics
Velocity
Values
Attribution
Variety & Algorithm
Veracity Insights

3As
4Vs
From Data to Analytics to Result
Capture & ETL Deployment

Analytics
Use case for Big Data
Real-time Common Operating Picture & Analytics

NSW RFS
Common Operating Picture
Insurance (Flood, Fire, Hail, Earthquake)
Value Creation of Big Data in Enterprise & Consumer
Visualization of Business Outcome
Search and Recommendation is about to get
a whole lot smarter .

Mobile Search Voice MAP (GIS) Social

Search And Discovery (Big Data scale)

Matching Engine

Relevant Relevant

Profile, Preference
Personalization
Recommendation
social Behaviour
Targeted Ads, Geospatial

SEARCH & Discovery

Foundation Capabilities for Big Data
Search And Discovery (Big Data scale)
 Deep Learning: Intelligence from Big Data

When Big Data Meet Machine Learning

= Deep Learning

Google = Google Brain $$$$$

Microsoft = Microsoft ML $$$$
IBM = Watson (7 years) $$$$$$$
LinkedIn = Image Machine learning $$
Facebook = Deepface AI $$$
DARPA = NLP (mixed languages) $$$$$
Augmented Intelligence (Watson) Computing
Visualization of Export Opportunities?
Visualization of Historical & Cultural Data
Visualisation & Interaction of Economic Complexity
 Summary
1. Exponential Growth in Data Created, Collected and Stored.
X10 increase in Situation Awareness with Big Data. Rethink
intuitional approaches to decision process.

2. BD is not a Silver Bullet but a new philosophy of problem

solving. It is not just a technology answer but a holistic
approach we should be seeking. Many of the technology has
been solved.

3. Big Data will have Top-line and bottom-line implications for

companies and far reaching effects on the economy.
 Key Issues need to be addressed

Big Data Privacy concerns

Data security issues
Policies Intellectual ownership and liability issues

Deployment of Technologies
Technology and Legacy system or inconsistent data formats
Technique Ongoing innovation (Collaborative & Open)

Data Available Access to Foreign data

Integrating with own proprietary data
(Real-time) Its Social, IOT, mobile, Cloud,

Organization Talent Shortage, Stop looking start Grooming

Change and Leadership that understands Big Data
Talent Align workflows and Incentives
 Conclusion/Next steps

1. Big Data is the New Oil. Secret-sauce is in the extraction

process

2. From Data to Wisdom, that journey is gain through

learning, trying and experimenting.

3. Big Data offers New possibilities and enrichment of

current opportunities while creating new ones.

4. Start Now, Start Small, Iterate Fast (not to lose sight to

start with a business problem . Respect the Privacy and
security issues)
Dr Andrew Seit
Andrew.Seit@search365.com.au