AWS SUMMIT 2016: Big Data leads to a small world
- 28 April, 2016 10:54
Amazon Web Services head of technology Asia-Pacific, Glenn Gore
The Internet of Things enables the connecting of the disconnected, according to Amazon Web Services head of technology Asia-Pacific, Glenn Gore.
He was speaking at the day two keynote of the AWS Summit 2016 in Sydney.
Gore said technology underpins everything we do today and tomorrow and with IoT giving rise to Big Data, it leads to a small world.
“On a global level, it has never been easier to communicate with people. It Impacts major industries.
“It changes social interactions as apps enable us to keep in contact; it changes how we travel; in terms of education, it gives people an equal footing. In changes research in the science field; enables us to pick out fraudulent activity in the financial field; improves measurements in the health space; and changes the way we utilise media.
“This changes the way we deal with information,” he said.
According to Gore, with the ability of billions of devices for millions of people, it will result in a change in the way people and businesses connect to the Internet – they will start connecting direct to mobile instead of desktops.
Falling costs of IT
In addition, he spoke about the falling costs of IT.
“The cost of IT has dropped and will continue to drop. When devices get cheap, people can buy computers for less than the cost of power supply to plug it in. Think about how this will affect the emerging communities; that cost will drive the next wave of the Internet.”
He addressed how data sets will improve the world by providing greater insights.
“We need to start combining data sets and change the world around you and improve the world for others. It also lets you remove barriers to entry. That is the power of connected devices,” he said.
However, Big Data is a complex space with lots of moving parts. Gore mentioned there are five steps to a Big Data process – collect, store, organise, analyse and share.
“A pattern I’ve noticed is that people think all data is valuable. They grapple with what data to collect and how to collect it. And as the cost of storage is so cheap, they can store it in multiple feeds and forms.
“They then process it and create normalised data sets. And as you store it, you can organise it in different metrics such as time scale, customer segmentation, device type, geographic boundaries, etc.”
Analysing the data
The next, and most important step lies in analysing the data as it allows deep dives of pattern recognition and prediction analysis. Gore added that there are four different maturity levels to data analysis – observations, theory, models, and facts.
“Most businesses stop at a theory stage. Some companies go as far as having models where they know values change, but they’re still not sure about how it works. It proves the theory and supports observations.
“But you want to get to the facts – it’s nirvana. It calibrates the models and proves the theories and matches the observations. It’s a factual based decision. So, the more information you have, it gives you better clarity,” he added.
Gore also provided the audience with some insights for success. They include:
- Evolving quickly as there is a need to out-innovate the competition. If not, the future will not look bright for businesses.
- Security is absolute key as the transition from on-premise to Cloud without security or wrapping security around it will result in trouble. Security should be the foundation.
- APIs for everything as once it’s defined and used, it’s there forever
- Automate everything as it gives you elasticity, scalability, predictability, and reliability
- Primitives are greater than frameworks as they offer choice, flexibility, agility and reusability.
“Connectivity drives innovation on the Internet. Imagine what happens when we have billions more devices connected to the Internet? The next wave of connectivity will result in a world of new possibilities.”