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Looking at LIVE Singapore! & Big Data Analytics Questions

Looking at LIVE Singapore! & Big Data Analytics Questions

Government agencies are increasingly collecting big data and performing analysis to improve existing processes and gain valuable insights by engaging in new types of analyses that weren’t possible before. A number of technologies are enabling businesses and governments to handle vast data sets without having to spend millions on deployment. But, as with any new technology, the CIO must build a business case for the adoption of a big data platform.

LIVE Singapore! is just one example of a proposed big data platform research project which aims to produce “a system of systems” in which big data can be used to reflect urban activity. This project, funded by the National Research Foundation and developed by MIT’s Senseable City Lab, aims to transform Singapore into a knowledge based growth industry, driven by data and analytics.

Since developed in 2011, the project has six visualisations from several sets of data streams. These visualisations report on vehicular traffic, rainfall effect on taxi supply, daily routine consequences of Formula One activities, temperature rise and energy consumption, mobile phone penetration, and transport system global reach.

When developing a big data platform, similar to LIVE Singapore!, here are some important questions that need answering.

1. What can a big data technology do better than traditional database management technologies that you’ve already invested in? If you’ve identified opportunities for big data analytics, in what ways can the technology help you tap into this potential? The value delivered by a big data technology investment must be clear from the outset.

2. Cost is an important factor for any big data technology deployment. What kind of investment can you afford given the estimated returns from big data analytics? If you have a big budget, would you stick to a relational database management system like SQL or Oracle that can cost you a six-figure sum or more? Or would you like to use an open source software like Hadoop which has zero licensing fees, can run on commodity hardware, and costs just a few thousand dollars to get started?

Then there are personnel costs. There is currently a huge demand for data scientists but they are in short supply. Should you keep expertise in-house and invest in training as needed or set up a formalized process with a trusted third-party to execute big data strategies? An estimate of overall costs – the expenses of running a big data platform and skilled labor or outsourcing costs – is critical.

3. What is the reality of a big data technology implementation? What kind of exploration and use cases are provided by various big data technologies? Additionally, what kind of resources and training will the implementation entail? While technologies and tools are making some emerging big data frameworks easier to understand, implementing them is still complex. A careful review of implementation challenges, solutions as well as the common reasons for deployment failures can help in making judicious choices.

4. Security is another important issue. What kind of security issues do various technologies pose? In what way do they meet compliance requirements? Additionally, what measures and processes are required to manage security risks?

5. As you continue dealing with vast data sets and adding information to your big data platform, it becomes necessary to have appropriate information life-cycle management strategies in place. You also need to have an idea about the requisite disaster recovery strategies.

Big data conversations must start at the earliest. The sooner you invest in high-performance analytics, the better you’ll be able to capture the full potential of big data.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com