NASSCOM Big Data and Analytics Summit 2015 : Setting the context

The Context

Ritu Agarwal

Senior Associate Dean for ResearchProfessor and Dean’s Chair of Information Systems

Director, Center for Health Information & Decision Systems

University of Maryland

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Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.

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Big Data: A “Perfect” Storm

Tech Advances

Pervasive digitization

Artificial Intelligence

• Price-performance

• Data storage

• Economic• Social…

• Image recognition• Automated

action..

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Volume, Velocity, Variety (Value and Veracity)

Google

60 million search queries

Amazon

1.25 million in online sales

Facebook

37 million pieces of content

Twitter

4.15 million tweets

In these 15 minutes……..

Every day: 2.5 quintillion b

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Who is being disrupted?RETAIL

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Who is being disrupted?Financial Services

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Who is being disrupted?manufacturing

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Who is being disrupted?healthcare

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And of course….government

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The Summit: A Deep Dive

Insights, knowledge, and skills• Technology• Strategy• State of the art analytics• Best practice cases• Challenges and solutions• relationships

BIG DATATHE PROMISE AND PERIL

Seize the opportunity Mind the “gap” Build capability

THANK YOU

BEST WISHES FOR A PRODUCTIVE AND INTELLECTUALLY STIMULATING EVENT

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