The State of Data: Evaluating BIG DATA & its Impact

Slides:



Advertisements
Similar presentations
2nd Workshop Prague 29/11/2007 WP4: Pilot action plan Region of Central Macedonia Isidoros Passas, URENIO Research Unit.
Advertisements

Principal Patent Analyst
IBM SPSS Solutions A SELECT INTERNATIONAL COMPANY.
6th MSDI Working Group Meeting
Copyright © 2014 Pearson Education, Inc. 1 It's what you learn after you know it all that counts. John Wooden Key Terms and Review (Chapter 6) Enhancing.
Broadband Applications Stimulating Economic Growth Opal Lawton – Columbus Communications.
OM 석사 2 학기 이연주 Markets for technology and their implications for corporate strategy Arora et al. (2001)
© 2011 IBM Corporation Smarter Software for a Smarter Planet The Capabilities of IBM Software Borislav Borissov SWG Manager, IBM.
Financial Innovation Shahid Yusuf DRG World Bank September 22, 2006.
University of Nevada, Reno Data-Driven Organization Governance 1 Governing a data-driven organization (4/24/2014)  Define governance within organizations.
Tbilisi, Georgia June 2013 Government Services and Registries.
Policy options and recommendations José Palacín Chief, Innovative Policies Development UNECE Minsk, 19 June 2014.
Name, Title. Presentation Title Name, Job Title Global Digital Information Created and Shared (Posts, Pictures, Documents, Tweets) The Data Explosion.
MIS – 3030 Business Technologies Social Media & Conversation Big Data.
Introduction – Addressing Business Challenges Microsoft® Business Intelligence Solutions.
McGraw-Hill/Irwin © 2008 The McGraw-Hill Companies, All Rights Reserved Chapter 9 Enabling the Organization – Decision Making.
Open and Collaborative Innovation in US Healthcare: The Case of Health Insurance Exchange (HIX), Sudeep Krishnan, IIM Ahmedabad (IIMA), ICEIM 2014, Durban, SA, Conference Presentation
Providing Seamless Connectivity in E-commerce
Information Systems in Organizations Managing the business: decision-making Growing the business: knowledge management, R&D, and social business.
© 2009 IBM Corporation Smarter Decisions for Optimized Performance IBM Global Executive Forum Panel Discussion Business Analytics and Optimization Fred.
REGIONAL INNOVATION NATIONAL PROSPERITY Presented by Charles J. Brown III HRQMC Regional Agenda.
Big Data – Big Opportunity Mohammad Khansari ITRC President Jan 2015 ITRC, Tehran, Iran.
Chapter 1 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
COMPETITIVE ADVANTAGE UNIT – II. EXTERNAL ENVIRONMENT Any organization before they begin the work of strategy formulations, it must scan the external.
Course : Study of Digital Convergence. Name : Srijana Acharya. Student ID : Date : 11/28/2014. Big Data Analytics and the Telco : How Telcos.
BIG DATA. The information and the ability to store, analyze, and predict based on that information that is delivering a competitive advantage.
Innovation Manager SPECIFIC DUTIES AND RESPONSIBILITIES Manage new product projects from concept through commercialization. Partner with Brand Teams to.
Orientations towards the Scoping Paper H2020 Transport Programme Committee Brussels, 22 June 2016 SMART, GREEN and INTEGRATED TRANSPORT.
Deconstruction and Recovery Information Modelling
Business Intelligence & Analytics
SAM Baseline Review Engagement
Smart Data infrastructure
Internet Governance in Nigeria:
Supporting the human decision maker IBM Research and big data at the edge Dr. Jürg von Känel Associate Director IBM Research Australia.
Based on four case studies and a follow-up survey, we have identified the key success factors for realizing value from DDS (digital data stream) investments.
TRANSACTION PROCESSING SYSTEM (TPS)
Introduction to Business Intelligence
The digital economy and innovations in the financial sector
Monetizing IoT in India
April 25, 2012 The Three R’s Are Old School – Now It Is All About Volume, Velocity & Variety Peter Guest Alberta Public Sector Client Technical Advisor.
Attention CFOs How to tighten your belt and still survive May 18, 2017.
SAS Education Practice
Kostas Seferis, i2S Data science and e-infrastructures can help aquaculture to improve performance and sustainability!
Chapter 6 Targeting Attractive Market Segments
Digitized Strategic IPRM in the Era of Industry 4.0
Microsoft SAM for Hosting (SPLA)
Published: Aug 2017 Single User PDF: US$ 2500 No. of Pages: 499
Standards for success in city IT and construction projects
Challenges and Opportunities in a Data-Driven World
Capturing Creativity: Intellectual Asset Management and IP Strategy.
April 25, 2012 The Three R’s Are Old School – Now It Is All About Volume, Velocity & Variety Peter Guest Alberta Public Sector Client Technical Advisor.
13th International Microinsurance Conference
Big Data For Indian SMEs
University of Sri Jayewardenepura
An Industry Perspective Nicole Denjoy COCIR Secretary General
Automating Profitable Growth™
Mark Diner, Government of Alberta June 21, 2017
Measuring and Managing ROI
Outline… A. Introduction, definitions and background
Ann van Nieuwenhove, Global Account Director European Institutions
Automating Profitable Growth
TCM TOOLS & TECHNIQUES.
MAZARS’ CONSULTING PRACTICE Helping your Business Venture Further
Big DATA.
INFRASTRUCTURE & ACCESS 4TH JULY 2018
MAZARS’ CONSULTING PRACTICE Helping your Business Venture Further
KEY INITIATIVE Financial Data and Analytics
Licensed under a CC BY-SA license
Maneuvering the minefield of the fourth industrial revolution
Presentation transcript:

The State of Data: Evaluating BIG DATA & its Impact A presentation By Engr. Aliyu Abubakar Aziz Director General/CEO, National Identity Management Commission 14th June, 2017

Outline of Presentation STATE OF DIGITAL DATA DATA ECOSYSTEM ACTIONABLE ANALYTICS FROM BIG DATA BIG DATA MATURITY MODEL - ROADMAP TO DATA INTEGRATION NIMC’S STATE IN THE BIG DATA MATURITY MODEL IMPACTS OF BIG DATA CONCLUSION

Ü      STATE OF DIGITAL DATA GLOBAL TRENDS 6 1 5 2 4 3 Smartphone online usage leaving rich data trail at every turn  1 Increased data storage capacity & cost Ü  GLOBAL TRENDS 5 Only a fraction of the potential value of data and analytics are captured 2 Data has gained tremendous richness and diversity   4 Data is structured & unstructured 3 Data volume doubles every 3 years 

DATA ECOSYSTEM Data Generation and Collection: The source and platform where data are initially captured. Data Aggregation: Process and platforms for combining data from multiple sources. Data Analysis: The gleaning of insights from data that can be acted upon. Data Infrastructure: The hardware and software associated with data management 4

The Big Data

Characteristics of Big Data Volume Big Data Velocity Big Data Variety Variability Big Data Veracity Capacity

BIG DATA CHARACTERISTICS Volume The size of the data determines the value and potential insight - and whether it can actually be considered big data or not Volume The type and nature of the data. This helps people who analyze it to effectively use the resulting insight. Variety In this context, the speed at which the data is generated and processed to meet the demands and challenges Velocity Inconsistency of the data set can hamper processes to handle and manage it. Variability Database must have the capacity to fit into almost endless sequences of search patterns and queries without performance degradation Capacity Veracity The quality of captured data can vary greatly, affecting accurate analysis. 7

ACTIONABLE ANALYTICS FROM BIG DATA Descriptive - What happened? - What is happening? Diagnostic - Why did it happen? - What key relationships? Predictive - What will happen? - What if? How risky? Prescriptive - What should happen? - How can I optimize? 8

BIG DATA MATURITY MODEL Business Monitoring Business Insights Business Optimization Data Monetization Business Metamorphosis To understand your position in exploiting big data and analytics to power business models Provides a roadmap for integration of data and analytics into business models Framework against which adoption of big data can be measured 9

BIG DATA MATURITY MODEL Business Metamorphosis: Leverages data, analytics, and insights to metamorphose businesses. Major shift in business model Data Monetization: Seek to create new sources of revenue – selling data or insights – into new markets, products, services etc. Business Optimization: Build on insights uncovered in the Business Insights phase by applying prescriptive analytics to optimize key business processes Business Insights: Expansion of data assets with transactional and operational data, coupled with new internal data sources Business Monitoring: Applying data warehousing and Business Intelligence techniques and tools to monitor the organization’ business performance 10

About NIMC Establish a national Identity Database Provide identity services- authentication & verification Issue unique identifier Harmonize & integrate existing ID Databases Issue a GMPC national ID card Regulate the Nigerian identity Sector 11

NIGERIAN DATA GENERATION & COLLECTION SCENARIO FRSC – drivers’ licence NIMC – National Identification Number (NIN) 17M BVN – bank account owners 3M 28M NIS – passport holders’ register 5M DATA GENERATION & COLLECTION IN SILOS! INEC – voters’ register 60M FIRS – tax payers’ register 2M NCC – SIM register 56M NPoPC – population register 180M 12

ONGOING DATA AGGREGATION & HARMONIZATION Drivers’ License Voter Register SIM Register BVN data from banks NIN Enrollment Data PIPELINE National Identity DATABASE Key words: Many sources, options, add to pipeline, database, create a base, use multiple sources to create a strong database

OUTPUTS FROM AGGREGATED DATA IN NIMC NIN & eID Card Provisioning Statistical Data National Identity DATABASE Verification & Authentication KYC Data Key words: Many sources, options, add to pipeline, database, create a base, use multiple sources to create a strong database Identification

Enrolled 17 million Nigerian Citizens & Printed 1 million eID Cards NIMC’S STATE IN THE BIG DATA MATURITY MODEL Enrolled 17 million Nigerian Citizens & Printed 1 million eID Cards Business Monitoring Business Insights Business Optimization Data Monetization Business Metamorphosis NIMC is applying data warehousing and Business Intelligence (BI) techniques and tools to monitor ongoing business performance. NIMC provides access to the data through Verification Service – a form of Data Monetization Creating reports and dashboards that monitor current state of business, and alert key stakeholders with pertinent information whenever special ‘out of bound’ performance situations occur. 15

Impacts of Big Data BIG DATA WILL BECOME A KEY BASIS OF COMPETITION AND GROWTH FOR INDIVIDUAL FIRM THERE WILL BE A SHORTAGE OF TALENT NECESSARY FOR ORGANIZATIONS TO TAKE ADVANTAGE OF BIG DATA SEVERAL ISSUES WILL HAVE TO BE ADDRESSED TO CAPTURE THE FULL POTENTIAL OF BIG DATA – data policies, technology & techniques, organizational change & talent, access to data, industry sector THE USE OF BIG DATA WILL UNDERPIN NEW WAVES OF PRODUCTIVITY GROWTH AND CONSUMER SURPLUS

Key Learning Points & Takeaways BUILD HUMAN CAPITAL FOR BIG DATA DEVELOP POLICIES THAT BALANCE THE INTERESTS OF COMPANIES WANTING TO CREATE VALUE FROM DATA AND CITIZENS WANTING TO PROTECT THEIR PRIVACY AND SECURITY ALIGN INCENTIVES TO PROMOTE DATA SHARING FOR THE GREATER GOOD ESTABLISH EFFECTIVE INTELLECTUAL PROPERTY FRAMEWORKS TO ENSURE INNOVATION ADDRESS TECHNOLOGY BARRIERS AND ACCELERATE R&D IN TARGETED AREAS ENSURE INVESTMENTS IN UNDERLYING ICT INFRASTRUCTURE

ENJOY THE REST OF THE PROGRAMME THE END THANK YOU AND ENJOY THE REST OF THE PROGRAMME