Posted on September 19 2016
On September 16, representatives of Infotech Group took part in the Big Data and Its Applications 2016 (ICBDA 2016) conference dedicated to innovative IT technologies and projects.
The ICBDA conference is a place for presenting effective cases of using new Big Data technologies in business and a discussion platform for following all the trends in Big Data analysis. The event was organized by Rusbase and Global Innovation Labs.
The motto of the conference was: “Big Data is dead, viva Smart Data”, which means that Instead of Big Data, the key trend is Smart Data — smart data processing and analysis technologies.
To this trend, we can add Fast Data — technologies that enable high-speed processing of data streams, in real time in some cases, and quick identification of useful information for business from them. Up-to-date information received in this way is applied in practice and gives results.
It is worth noting that there are already Smart Data software products on the market, for example, Infotech Intellect.
The conference program consisted of two main streams: business track and technical track.
Infotech Group representatives at the event
Examples and best practice of implementing data analysis, machine learning and Big Data processing in various industries were discussed during the business track.
A representative of the Moscow Information Technology Department presented a report on BigData of Moscow, in which he talked about IT projects implemented in the areas of urban management and housing and utilities. For example, one of these projects makes it possible to predict arrears in payments for housing and utilities services in order to optimize revenue planning, flexible tariff regulation and take measures to reduce arrears for housing and utilities. Another project involves monitoring the status of specific objects (loaded mains, construction projects, garbage collection, etc.) using drones.
There were interesting projects for solving business tasks at large industrial facilities. For example, a representative of Yandex Data Factory talked about using machine learning at a metallurgical plant to optimize steelmaking processes. A representative of another IT company talked about successful implementation of a smart system for monitoring the operation of complex, expensive equipment at the manufacturing plant Reductor-PM of the Russian Helicopters holding.
The technical track was dedicated to the practical aspects of implementing new machine learning technologies, issues of Big Data storage and analysis, Smart Data technologies and distributed computing.
For example, an IBM representative talked about using IBM Watson infrastructure to build a smart city. An expert on strategic Microsoft technologies demonstrated the architecture the Smart Elevator solution based on the concept of the Internet of Things (IoT).
The conference reports showed a trend toward increased demand for technologies to automate a city within the Smart City concept. One of these solutions is an integrated product of a Russian developer for monitoring and controlling urban infrastructure, Infotech City, which makes it possible to implement the Smart City concept.