Top three data challenges for the Middle East

Top three data challenges for the Middle East 30 AUGUST, 2016 BY JENNIFER AGUINALDO MEED talks to Kai Chan, economist and distinguished fellow at French business school Insead, on what the Middle East has to address to gain the maximum benefit from Big Data. Big Data requires highly numerate people to work with the data Data must be robust, reliable and correct People, businesses, and governments need to be more curious to use the power of Big Data MEED talks to Kai Chan, economist and distinguished fellow at French business school Insead, on what the Middle East has to address to gain the maximum benefit from Big Data MEED: What are the top three challenges that the Middle East has to address if they were to gain the maximum benefit from Big Data?Kai Chan: One, bringing up the human capital skills that can work with Big Data. Big Data is complex; it requires highly numerate people to work with the data and, more importantly, to understand the data and the insights that will come from asking the right research questions and applying the right theories and mathematical or statistical tests to generate fresh insights that can be used to make…

3rd Annual Smart Data Summit puts the spotlight on big data-driven innovation

In a bid to stay competitive, companies across industries are generating a significant amount of data and utilizing different tools and techniques to gain useful insights. Against this backdrop, the Smart Data Summit that commenced today explored how organizations can harness the power of big data and analytics to derive maximum business value. Supported by Federal Competitiveness Statistics Authority (FCSA) and organized by global conference producers, Expotrade, the summit attracted over 300 senior IT, marketing and business intelligence specialists. The summit was opened by Dr Kai L. Chan, Special Adviser - National Competitiveness, Federal Competitiveness and Statistics Authority (FCSA). He delivered the keynote session on the topic using robust data and modelling to win Expo 2020. He emphasized upon the importance of data-driven analysis (DDA for policy and planning). Yousuf Mohammed Al Shaiba, Director - Smart Services Development Dept., Ajman Municipality & Planning Department took the discussion further during his session on creating a Smart Government, emphasizing on the smart services offered by Ajman Municipality. The summit saw over 20 prominent experts and sector specialists including Mohammad Shokoohi-Yekta, Data Scientist, Apple; Sayan Dasgupta, Senior Data Scientist, LinkedIn; Usama Qasem, Regional Digital & Content Marketing Manager, IKEA and Michael Sultan, Senior…

Forbes online article: “Big Data and the death of passion”

October 19, 2014 Big Data and the death of passion By Shellie Karabell We live in the “information age” – perhaps too much information – and the consultants are having a field day telling us how to handle it all. “It may not be possible to overstate at this point how important Big Data analytics could be to the business world… what may look like a revolution is really an evolution,” writes David Meer, a New York-based retail sector partner at Strategy& (formerly Booz & Co, now part of PwC) in the company’s online magazine, Strategy & Business. He calls it “the next frontier of a trend toward greater data-driven decision-making that began with the adoption of mainframe computers for business use in the 1960s.” Those, you may remember, were the days of manual typewriters, mimeograph machines, and the Post Office. Meer contends that companies which can use this data in their business decisions will “significantly outperform” their competitors and enter into a virtuous cycle of continuous improvement. The missing link between being snowed under by facts and figures and the optimum output is the “high-value business questions that new sources of data and more powerful analytics can help them…