Forum praises China’s work on ‘big data’
Print Edition
CHINA has made impressive progress in the development of big data applications, but its success to date is just the tip of the iceberg, delegates at the Pujiang Innovation Forum in Shanghai heard yesterday.
Big data, or data mining and analysis, technologies are already widely used in the fields of telecommunications, transport, finance and mobile Internet, and in the public sector, such as Shanghai’s science and medical bureaus.
“I am deeply impressed by China’s growth (in the field of big data),” said Viktor Mayer-Schonberger, an Oxford professor and co-author of the 2013 book “Big Data: A Revolution That Will Transform How We Live, Work, and Think.”
The country’s high population density offers “huge opportunities for big data development, but more investment in IT infrastructure is needed to collect data and improve their accuracy,” he said.
On a global scale, Mayer-Schonberger praised the latest gadgets and applications to make use of big data — the Apple Watch, Lytro’s light field camera and language learning program Duolingo — but said developers have yet to tap even a fraction of its potential, likening the situation to the tip of an iceberg.
While the possibilities are endless, the professor also warned of the need for caution on the part of governments and business, saying it is vital for them to establish trust among users to ensure the best use and application of big data.
Xu Kuangdi, a member of the Chinese Academy of Engineering, said that with regard to security, and in particular the Edward Snowden case, big data represents “half opportunity and half risk.”
According to International Data Corp, revenue from big data technology and services in the Asia-Pacific region, excluding Japan, is set to hit US$2.4 billion in 2017, from US$548.4 million in 2012.
China and India have already made significant investments in the field, with much of the emphasis being on infrastructure, such as hyper-scale data centers, the research company said.
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