Beyond Big Data: Taking Advantage of the Fourth Industrial Revolution by Yandex Data Factory | Arabnet Digital Summit 2016

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Speaker: Jane Zavalishina, CEO, Yandex Data Factory @janezaval Jane Zavalishina, CEO of Yandex Data Factory, explains what the Fourth Industrial Revolution is, and how businesses should prepare for it and start generating tangible business value of big data.

Data & Analytics

Beyond Big Data: Taking
Advantage of the Fourth
Industrial Revolution
Jane Zavalishina, CEO of Yandex Data Factory

Here’s how most people think of Big Data

McKinsey & Company, “An executive’s guide to machine learning”,
June 2015
It’s true that change is coming
(and data are generated) so
quickly that human-in-the-loop
involvement in all decision making
is rapidly becoming impractical.
Looking three to
five years out, we expect to see
far higher levels of artificial
intelligence...

Self driving car
Author: smoothgroover22 by CC BY 4.0 https://clck.ru/9YibV

8
54,548
53,966
51,108
47,815
28,152
25,900
25,185
22,940
19,043
16,751
Top 10 Newspapers by Digital Traffic
USAToday.com
Total number of unique visitors for January 2015 (in thousands)
NYTimes.com
DailyMail.co.uk
WashingtonPost.com
TheGardian.com
NYDailynews.com
LATimes.com
NYPost.com
SFGate.com
Telegraph.co.uk
1
2
3
4
5
6
7
9
10

8
54,548
53,966
51,108
47,815
28,152
25,900
25,185
22,940
19,043
Top 10 Newspapers by Digital Traffic
USAToday.com
Total number of unique visitors for January 2015 (in thousands)
NYTimes.com
DailyMail.co.uk
WashingtonPost.com
TheGardian.com
NYDailynews.com
LATimes.com
NYPost.com
SFGate.com
Yandex.News
1
2
3
4
5
6
7
9
10
23,164

23 000 000
monthly readers
0
editorial team

Telecommunications: Churn Prevention
Mobile Subscriber Churn
Prevention
Customer profiles, logs of
service usage (data and
voice), history of
communications, retention
offers
A 5% increase in customer
retention can increase a
company's profitability by
25 to 95%1.
1 Source: Bain & Company

Upsell recommendations
for a retail bank
Customer profiles
Historical data on
communications and
responses
List of product offers
13% increase in NPV from a
marketing campaign
Retail: Upsell & Cross-sell Recommendations

Steelmaking: Cost Optimisation:
Manufacturing Cost
Optimisation
Parameters of smeltings,
material consumption (scrap,
crude iron), temperature,
chemical composition
Every 1% decrease in the
consumption of ferroalloys
will save $3mn

Online Dating: Automatic Photo Moderation
Automatic Image
Moderation & Search for
duplicates
Training set of pre-classified
images
- Total accuracy of 88%
- Automatic exposure of
copies existing online
Over a million dollars per
year to be saved on
moderation costs

It was not only gadgets, however, but innovations
of various kinds in agriculture, transport,
manufacture, trade, and finance that surged up
with a suddenness which difficult to find a parallel
at any other time or place.

...Because machine learning’s emergence
as a mainstream management tool
is relatively recent, it often raises questions
McKinsey & Company,
“An executive’s guide to machine learning”, June 201

Self-driving car:
what’s the value for you?
Self-driving truck:
$225B industry in US only
Author: smoothgroover22 by CC BY 4.0 https://clck.ru/9YibV
Factor 1: Scale of economic effect
22

Precision agriculture:
long, but aggregated
Factor 2: Available data
23
Banking:
years of raw data

HR: Bonuses HR: Recruitment
Factor 3: Ability to experiment
24
Is it
acceptable?

Marketing:
as digital as it comes
Predictive maintenance:
not always
Factor 3: Ability to experiment
25
Is it
efficient?

Questions?
yandexdatafactory.comjane@yandex-team.com
Jane Zavalishina
CEO Yandex Data Factory

Yandex Data Factory
〉 Created in 2014
〉 Apply Yandex’s machine learning
expertise to other industries
〉 Computational infrastructure
〉 Proprietary machine learning
algorithms
〉 Experienced data scientists

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This document discusses how technological changes from the digital revolution are transforming the world of work and presenting challenges. While technology has increased productivity, wages have stagnated in many countries, declining labor's share of GDP. The digital age has greatly benefited consumers but its impact on employment has been more disruptive. The nature of innovation is changing as well, as some new technologies allow automation of tasks previously considered human. This could affect a significant portion of the workforce and risks further widening inequality unless countries take steps to plan for these changes and ensure growth remains inclusive.

Ibm c suite survey

Maricla Kandzorra

IBM Global C-suite Study 2015

Juergen Wiegand

This document summarizes the key findings from a study by the IBM Institute for Business Value on changing competitive dynamics. The study surveyed over 5,000 C-suite executives from various industries. The main findings are: 1) Executives see industry convergence and digital invaders as major threats, as boundaries between industries blur and new entrants disrupt traditional value chains. 2) Technology factors and market changes are transforming the competitive landscape at an unprecedented rate, making it difficult for companies to predict threats. 3) To adapt, executives plan to focus more on customers as individuals, access external innovation through partnerships, and decentralize decision-making to respond faster to changes.

2015 IBM CXO study

MEECO Leadership Development Institute

This document summarizes the key findings from a study by the IBM Institute for Business Value on changing competitive dynamics. The study surveyed over 5,000 C-suite executives from various industries. The main findings are: 1) Executives see industry convergence and digital invaders as major threats, as boundaries between industries blur and new entrants disrupt traditional value chains. 2) Technology factors and market changes are transforming the competitive landscape at an unprecedented rate, making it difficult for companies to predict threats. 3) To prepare for disruption, executives plan to focus more on customers as individuals, access external innovation through partnerships, and decentralize decision-making.

Redefining Boundaries

Peter Tutty

Riding the wave of change in manufacturing

Andreas Schwarzenbrunner

Cognizant Community Europe 2017: Mastering Digital: Navigating the Shift to t...

Cognizant

VC Activity in MENA and CEE

212

The document provides an overview of technology trends globally and regionally with a focus on Central and Eastern Europe, the Middle East and North Africa regions. Key points include: - Mobile internet and web usage continues to grow globally with 4.4 billion global web users in 2018. - Software as a Service (SaaS) is becoming more popular for businesses due to benefits like flexible payments and scalability. The global SaaS market is estimated at $175 billion. - In Central and Eastern Europe, fintech is growing and Poland, Russia and Czechia lead the region's fintech market. The Baltic states like Estonia have found success with startups like Skype and have high numbers of startups

The Second Machine Age: An Industrial Revolution Powered by Digital Technologies

Capgemini

The interview discusses the impacts and implications of emerging digital technologies. Erik Brynjolfsson and Andrew McAfee explain that the world is entering a "Second Machine Age" where machines are able to perform cognitive tasks previously done by humans. This will have widespread economic and social effects and transform organizations. They emphasize that technology will significantly disrupt jobs but can also create new opportunities if individuals and organizations adapt skills. Overall, the key message is that emerging technologies will continue advancing rapidly, and a proactive response is needed to harness potential benefits and address inequalities.

Similar to Beyond Big Data: Taking Advantage of the Fourth Industrial Revolution by Yandex Data Factory | Arabnet Digital Summit 2016 (20)

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Artificial Intelligence Automation Economy

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Technology at work

Ibm c suite survey

IBM Global C-suite Study 2015

2015 IBM CXO study

Redefining Boundaries

Riding the wave of change in manufacturing

Cognizant Community Europe 2017: Mastering Digital: Navigating the Shift to t...

VC Activity in MENA and CEE

The Second Machine Age: An Industrial Revolution Powered by Digital Technologies

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