Big Data and the Semantic Web

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Invited talk planned for STI summit in Russia in July 2013. Due to an error in visa I never made it to Russia. Here is the talk anyway. The first part is my standard big data talk. The second part is about the semantic web and big data.

Transcript

Dr. Richard BenjaminsDirector Business IntelligenceTelefonica Digital

Big Data – Big opportunities – Big risks? An industry perspectiveAnd what about the Semantic Web?

Telefonica Digital

© 2013

01

02

03

04

05

Index

The Big Data opportunity

What is Big Data?

Big Data risks

What role can businesses play?

06

Context: Telefonica Digital

Conclusions

07

And what about The Semantic Web?

3Telefonica Digital

Telefonica Digital is Telefonica’s digital arm01

4Telefonica Digital

The Big Data Opportunity

McKinsey McKinsey

02

Big Data

Big Business

5Telefonica Digital

But also society will benefit from big data02

6Telefonica Digital

And data keeps growing exponentially02

7Telefonica Digital

But what is Big Data

Dave Feinleib, Forbes blog

03

1. Big Data is Only About Massive Data Volume2. Big Data Means Hadoop3. Big Data Means Unstructured Data4. Big Data is for Social Media Feeds and Sentiment

Analysis5. NoSQL means No SQL

Gartner’s Hype Cycle: technologies, use cases, new sources of data

8Telefonica Digital

A closer look at where Big Data sitsFrom a telco perspective

Type of Big Data

OTT/Telco Cost of data collection

By product/ seeking

Batch/real-time

Strength of telco?

Social media OTT Low Active Both No

Web logs Both Low Passive Both No

Network data (telco)

Telco High Passive Both Yes

M2M (sensor) data

Both High Active Both Might

Open data OTT Low Both Batch No

Transact. data Both Medium Passive Both No

03

9Telefonica Digital

But be aware of the privacy time bomb

9

Three Mile Island accident killed the nuclear industry in

the US

Regulators are watching

Data “scandals” abound

“It’s Tracking Your Every Move and You May Not Even Know”

“Betrayed by our own data”

04

10Telefonica Digital

There is increasing awareness of what customer data companies store

10

04

11Telefonica Digital

And not only companies …04

12Telefonica Digital

Are you aware where your data is going?04

13Telefonica Digital

The industry is learning by doing04

14Telefonica Digital

Society is also evolving, but in what direction?

Ignorance

• Customers are largely unaware of what is happening

Trading

• Customers make an explicit trade-off for each service

Wanting?

• Are customers wanting organizations to use their (personal) data to improve their lives?

Key evolving data concepts:• Individual, aggregated, anonymized• Customer consent (ex/implicit – opt-in/out)• Legal ≠ accepted by society

04

15Telefonica Digital

PI Economy“Big Data”“Old wine in new bottles”

So how can businesses play in the Big Data space?

Different “business” models with different maturities and different risks

05

Leverage data to understand and

improve business (x/up sell, churn)

and products

Data = improved business

Recognize that digital data is

delicate (privacy) Turn that into an

opportunity

Data = risk = business

Insights that help improve

businesses and governments

Data = business

Leverage data for targeting users

with relevant ads and higher CTR and conversion

Data = better advertising

M2MSmart cities

Improve services

Advertising Access to insights

Become a gatekeeper of personal data

16Telefonica Digital

Conclusions

Find your position on three key dimensions

“Bigness” of data

Va

lue

“Bigness” of data “Bigness” of data

Priv

acy

ris

k

Na

tive

big

da

ta t

ech

no

log

y

Value Risk Tech

Apps

Insights

Processed data

Raw data

Anonymous data

06

17Telefonica Digital

And what about the Semantic Web and Big Data?

Some observations

from an outsider

(once an insider)

18Telefonica Digital

Achievements - 2013 – Is semantic web mainstream?

Early adopters?

Credits?

19Telefonica Digital

Some trends related to Semantic Web

20Telefonica Digital

Semantic web and data trends

21Telefonica Digital

Is Semantic Web hopping on the latest band wagons?

Semantic search

Semantic integration

Open data

Big data

What if we mapped Semantic Web

EU projects on those topics and timeline?

22Telefonica Digital

Semantic Web and Gartner’s Hype Cycles

23Telefonica Digital

2006 – 5 to 10 years for reaching mainstream

24Telefonica Digital

2009 – more than 10 years to go

25Telefonica Digital

2012 – more than 10 years to go

26Telefonica Digital

So what should be the role of Semantic Web in Big Data such that it can have a real impact?

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