"Big Data" by Steve Bryan, Vigillo

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Big Data and the Internet of Everything

Transcript of "Big Data" by Steve Bryan, Vigillo

Big Data and the Internet of

Everything

About Vigillo

Vigillo was founded in 2007 by a team of data scientists and software engineers specializing in the Big Data that flows from hundreds of sources within the commercial transportation and logistics industry. Wisdom is delivered through scorecards and interactive dashboards designed for professionals who

tackle the complexity of the US supply chain every day. Vigillo’s Big Data platform, Athena, is the hub of all commercial transportation and logistics data from public and private sources and it’s suite of CSA

Scorecards is the number-one CSA reporting system in the industry.

Its not just about analytics and studying patterns, trends or even prediction. Its not just about connecting a lot of people and things together on the Internet… …Its about combining Big Data and the Internet to disrupt traditional business models and destroy inefficiency wherever it may be lurking Thye new technologies abhor inefficiencies and will not tolerate them

Big Data and the Internet of

Everything

Big Data is defined as a new generation of technologies and architectures designed to extract economic value from a very large volume of a wide variety of data by enabling high-velocity capture and analysis in search of the hidden truth (veracity).

Big Data

• All the data ever generated in history, up to 2007 is estimated to have been 5

exabytes (5/1,000 of a zettabyte)

• According to computer giant IBM, 2.5 exabytes of data was generated every day in 2012.

• In 2014 Google generated at least 1 exabyte every day

• Estimates are that we (humanity) will generate almost 8 zettabytes in 2015 alone

Volume - So how much data is there?

• Every two days, mankind creates as much information as it did from the dawn of civilization until 2007. • The amount of information that an average person is exposed to in a day is the same as a person from the 15th century was exposed to in his lifetime. • The amount of information generated during the first day of a baby’s life today is equivalent to 70 times the information contained in the Library of Congress.

Velocity - How fast is data growing?

Variety – Where does it all come from?

• HARVARD BUSINESS REVIEW calls data science “the sexiest job in the 21st century”

• 185 Universities now offer graduate degrees in Data Science (2014)

• Boards accountable for data security strategy (SEC)

• More CEO’s ousted in 2014 than any year since 2008

• Gartner estimates that by 2025 one in three jobs will be converted to software, Automated Decision Making

40 zettabytes of digital data by 2020

Presenter
Presentation Notes
That’s 300 x more data than we have today. 30,000% growth in 5 years. There are 931 trillion gigabytes in a yottabyte, so 40Trillion GB = about 4% of a yottabyte

Thought Experiment W/ Audience Participation If a tablespoon is a byte, there are 352 exabytes (352 quintillion tablespoons)

of ocean water on Earth

Presenter
Presentation Notes
352 exabytes = 352 quintillion bytes. 11 trillion years at one per second.

You’d need 11 of these babies to store 1 petabyte

The Internet of Everything

What kinds of things will connect? Location Intelligence

http://www.slideshare.net/ValaAfshar/internet-of-thingsslideshare

“Location” relates to tagging and storing pieces of raw data with their specific location (and usually time as well). “Intelligence” relates to turning raw data into actionable insight using data analytics techniques.

• GPS • RFID • Weather • Congestion • Driver Data • Vehicle Performance

RFID tags- some of which can be printed can be printed directly on products and packaging for 0.1 cents and replace ten trillion barcodes yearly with something far more versatile and reliable. In the next ten years The numbers sold globally will rise from 12 million in 2011 to 209 billion in 2021. Hewlett-Packard is working on a project it calls the "Central Nervous System for the Earth." the company plans to deploy a trillion RFID sensors all over the planet.

RFID

• Largest Transportation Company (Driver Count)

• Largest Hospitality Company (Available Rooms)

• Second Largest Retailer (Market Cap.)

• Largest Media/Entertainment Company (Viewers)

2009 - $41B* 2008 - $20B* 1999 – $222B 2004 - $223B

$506B (Half a Trillion $) in Market Cap

What does this mean for my business?

Cisco CEO John Chambers told business leaders at a Wall Street Journal conference in early 2015 that “40% of the companies in this room won't exist in a meaningful way in 10 years unless they change dramatically.” The Power of Digital But there are many companies that understand the urgency and have unleashed the power of digital transformation. They are changing the rules. They are finding inefficiencies and demolishing them.

Domino’s went mobile in 2010 with its first smartphone app and added key features including saved delivery addresses, payment information and favorites. In 2014, the company continued to push the envelope, launching a new voice-ordering platform for mobile devices called “Dom” and partnerships with Ford Sync to order hands-free from the car and a Smartwatch App to track pizza deliveries right from your wrist.

A great example is Monsanto Co, a $15 billion agrochemical giant. It has mapped every one of the nearly 30 million farming fields in America and loaded them into a smart phone app that overlays soil and climate data. It mixes in lab data about optimal growing conditions for each of the thousands of varieties of seeds that it sells. Then it folds in real-time data like weather forecasts. The result is a tool that farmers can use to determine precisely when to plant, how much to water and what kind of fertilizer to apply. It keeps them up to date on nearby insect infestations and can tell them the optimal time to harvest. Monsanto knows that in agriculture, a few days or degrees can make the difference between bounty and bust.

DHL introduces Cubicycle, an innovative cargo bike for urban distribution, to its Netherlands operations

Presenter
Presentation Notes
The "Cubicycle" is a quadracycle with a removable container that has a cargo volume of one cubic meter.

Beam me up Scotty…..