Your daily digest of “All Things Big Data” gathered, collected and researched by your very own 10Fold Big Data Practice team.
Big Data
Within the last couple of years, every industry is starting to look to big data to help add business value. Colleges and universities, have begun to link disparate information from across campus. However, big questions still remain: how will schools use big data for existing privacy and security policies? and how will big data help with a more diverse student population?
IoT
The next wave of automation is here and it involves making the Internet invisible and ubiquitous. One of the more famous applications for IoT whas been innovation in home appliances like the thermostat, which can now be turned on remotely. Surprisingly, retail IoT products like ovens, door locks and baby monitors have yet to find a firm ground among consumers perhaps due to security concerns. At hospitals, IoT will allow a patient’s vital signs to be monitored via a sensor in her hospital bed, and trigger medication and outreach to doctors and nurses at programmed intervals, as well as provide updates to family members. The floodgates to the machine-to-machine (M2M) market have opened up and will only be accelerated going forward.
eCommerce
eCommerce around the world is growing quickly- in France especially. eCommerce in France was worth 64.9 billion euros last year and could reach the 70 billion euro milestone this year. For 2016, Fevad expects consumers to make nearly 1 billion transactions this year. It is also believed that there will be more than 200,000 eCommerce platforms for the French to choose from by the end of 2016.
The Chinese eCommerce powerhouse, Alibaba, is hoping its good third-quarter report will help reassure investors worried about the state of the Chinese economy. Alibaba is benefiting from a shift to mobile spending and a growth in users. Mobile spending accounted for 65 per cent of total China retail revenue, up from 30 per cent last year. Annual active buyers rose 22 per cent to 407 million.
Ecommerce in France was worth €65 billion in 2015 – eCommerce News
Alibaba’s profit jumps on strong eCommerce sales – The Star Business
NFV/ SDN
Telecom operators are expected to increase their reliance on software technologies based on NFV and SDN to reduce costs and compete with well established providers. The TBR report claims telecom operators over the next year will look to focus on consolidation and cost-cutting initiatives “to improve the profitability of their enterprise business,” citing recent moves by CenturyLink and Verizon Communications in looking to divest their data centers. Another influences was IBM’s recent acquisition of AT&T’s managed application and hosting service business. TBR also noted carriers were adopting NFV and SDN to reduce costs and gain agility in service offerings.
NFV and SDN core to telecom operators service positioning – RCR Wireless