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1 elefonica Digital Dr. Richard Benjamins Director Business Intelligence Telefonica Digital Big Data – Big opportunities – Big risks? An industry perspective And what about the Semantic Web? Telefonica Digital © 2013
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Big Data and the Semantic Web

Dec 03, 2014

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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.
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Page 1: Big Data and the Semantic Web

Dr. Richard BenjaminsDirector Business IntelligenceTelefonica Digital

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

Telefonica Digital

© 2013

Page 2: Big Data and the Semantic Web

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?

Page 3: Big Data and the Semantic Web

3Telefonica Digital

Telefonica Digital is Telefonica’s digital arm01

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4Telefonica Digital

The Big Data Opportunity

McKinsey McKinsey

02

Big Data

Big Business

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But also society will benefit from big data02

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And data keeps growing exponentially02

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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

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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

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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

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There is increasing awareness of what customer data companies store

10

04

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And not only companies …04

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Are you aware where your data is going?04

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The industry is learning by doing04

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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

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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

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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

Page 17: Big Data and the Semantic Web

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And what about the Semantic Web and Big Data?

Some observations

from an outsider

(once an insider)

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Achievements - 2013 – Is semantic web mainstream?

Early adopters?

Credits?

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Some trends related to Semantic Web

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Semantic web and data trends

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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?

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Semantic Web and Gartner’s Hype Cycles

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2006 – 5 to 10 years for reaching mainstream

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2009 – more than 10 years to go

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2012 – more than 10 years to go

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

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