Economy and Big Data | Praveen Hanchinal
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The document discusses the significance of big data in transforming the economy, comparing data to oil in its potential to drive the next industrial revolution. It highlights common challenges faced by governments and organizations in data management and emphasizes the need for new economic policies and regulations to leverage big data effectively. Additionally, it outlines various applications of big data, including predictive models and automation in diverse fields such as healthcare, law enforcement, and agriculture.
Economy and Big Data | Praveen Hanchinal
- 1. Economy and BIG DATA simplified! Pravin Hanchinal pravinhanchinal.com
- 2. About Me Educator, Entrepreneur, Innovator, Cloud, Big Data, IoT, AI Evangelist pravinhanchinal.com
- 5. Economy production distribution trade and consumption of goods and services Govt. Policies and Regulations
- 6. Who is good with Numbers?
- 7. Why Now?
- 8. Common Problems/Complaints “We don’t have enough people to keep up.” “People do not pay taxes” “The paperwork is killing our productivity.” “We don’t know because we can’t track events and incidents like that.”
- 10. Data is the new Oil Oil -> Industrial Revolution Data -> Next Industrial Revolution Infonomics
- 11. Why Big Data?
- 12. Big Data
- 13. How BIG is Big Data? Byte of data : one grain of rice Kilobyte : cup of rice Megabyte : 8 bags of rice Gigabyte : 3 container of lorries Terabyte : 2 container ships Petabyte : covers Mumbai Exabyte : covers India Zettabyte : fills Indian Ocean
- 16. What you can do in Big Data? Fetching - Sensors, Phone, Transactions Processing -Hadoop, Map Reduce Visualizing -Excel Charts
- 17. Digital India Learn from Trails
- 18. Next Level Amazon Go: Click here to watch video
- 19. What you can do with Big Data? Recognise Patterns Prediction Models
- 20. Prediction Models Supervised - Classification Unsupervised - Clustering
- 22. Use Data Network Effect Machine Learning and AI The more data, more learning Google Maps
- 23. Real Time Example Your Phone and Sensors Your Google Activity : https://myactivity.google.com/myactivity
- 24. What we Need? Data - Old Files, Open Govt Data, Social Media Cloud and Local Storage -Amazon, Google Innovations in ML and AI- Open Source
- 25. How to Bring Change? Bring Everyone, Everything Online Educate with Positive reinforcement
- 26. Automate with AI and Relax
- 27. Security / Privacy If you done nothing wrong, There is nothing to worry.
- 28. What we Need from Govt.? New Economic Policies New Regulations
- 29. How to Control? Data sharing Data portability Among companies and Govt. Between Govt. Organizations
- 30. Sample Model : X-ROAD https://www.ria.ee/en/x-road.html
- 31. In Future Predict Scams Predict Economic breakdowns Text Summarization in Law Automated RTI Predicting Poverty Predict Crime Predict Agricultural Production Toilet Doctors | Medical Insurance
- 32. In Future Defence / Military Behavioural Analysis Guided Schooling Drones Monitoring Farms and Harvesting Law Enforcement: Self Driving Cars Office Less Services: Documents Movement Automated Citizen Care
- 33. Visioning Life with Big Data Birth get registered Aadhar, Insurance School suggestion based on income-> best friend College suggestion-> boy friend / girl friend Job suggestion Whom to marry When to have kids Old age home/Robot suggestion Instant call to Ambulance Finally your cemetery based on height
- 34. Innovate The electric light did not come from the continuous improvement of candles. -Oren Harani
- 35. In a Nutshell Go through presentation again Explore resources provided Get Started Build Small Models and Scale up Learn From Failures
- 36. Big Data in Nutshell
- 37. What I did?
- 39. Thank You You gave me your time, the thoughtful gift of all...
- 43. Resources https://ayende.com/blog/4435/map-reduce-a-visual-explanation MultiNode on Amazon: https://dzone.com/articles/how-set-multi-node-hadoop https://ayende.com/blog/4435/map-reduce-a-visual-explanation Run Sample MapReduce Examples: MapReduce examples: http://www.informit.com/articles/article.aspx?p=2190194&seqNum=3 https://hortonworks.com/hadoop-tutorial/how-to-process-data-with-apache-pig/
- 44. All the images used here for educational purposes only. All the images in the presentation are obtained from internet with “free to use license” search. Some of them are from free stock photos like pexels website. If you are owner of any images with copyright. Kindly report. Will remove the images with all respect to your creative work.