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Big Data
Vietnam and the data
ecosystem



Tom Simpson
Head of Digital
In 1996 it took 25 minutes to download 1 song.
Now it takes just 25 seconds on your mobile phone.
30 billion pieces of content are shared on Facebook everyday.
Making him a lot of money… But we’ll come back to that.
340 million tweets are sent every day. That's nearly 4 thousand
                          per second.
10 thousand payment card transactions are made every second
                          globally.
The world is going through a period of profound change.




8
It’s happening quickly and it’s driven by technology and the
                          internet.
Because of this change more data than ever before is now being
            generated, collected and warehoused.


                          Ecommerce

              Offline
                                         Website
             Purchase


                                           Social
            Location
                                          Network


                 Mobile               Search
#bigdata is a popular term used to describe this exponential
       growth in availability and use of information.
Simply put: Everything is now on the Internet. The Internet has a
         lot of data. Therefore, everything is Big Data.
“Buzzwords don't come any bigger than Big Data” – Clay Shirky,
                           2012
Global interest in Big Data has risen 10x since 2011. In Vietnam
                 people are just starting to talk...
So how big is Big Data?
“640KB should be enough for anybody” – Bill Gates, 1981
Google now processes 4 EB per day. That’s 250 Million iPhones
                        full of data.
50% projected annual growth in the volume of data generated.
          120% if you are in media and marketing.
The “internet of things” will take us to even bigger data.
Three Big Data realizations.




                                             Harnessing and
The issue is not
                                              using relevant
   that you are        It's what you do
                                               data to make
 acquiring large         with your Big
                                             better decisions
amounts of data.            Data that
                                            is key. This is the
  You definitely            matters.
                                               vision for Big
 have Big Data.
                                                   Data.
Manage a public health response.
Improve your chances of getting a date.
Run an election campaign.
Manage and stock your store.
Curate and create content. Personalized TV channels anyone?




25
Improve and understand the world’s fitness.
Manage credit risk using social profiles.




27
Dynamically price products to drive profit.
Harnessing Big Data means using a technology platform.
Technology platforms allow you to make Big Data useful.




                      Classification
                      •Organize data
                       so you can use
                       it




                      Data mining
                      •Create
                       actionable
                       insight
How we use Big Data at Mindshare.


 CRM (Customer                  RTB (Real Time
 Relationship                   Bidding)
 Management)                    • Programmatic ad buying
 • Mine CRM programs for          with our DSP to ensure
   insights that increase         right person, right price,
   audience understanding         right time - ultimately
   and drive new products,        most buying in $700bn
   strategies or campaigns        media industry moves to
                                  this model




 RTC (Real Time                 RTE (Real Time
 Commerce)                      Experience)
 • Send tailored                • Creative optimization of
   recommendations to             digital platforms to
   mobile devices at just the     ensure the right ad, or
   right time, while              the right content, for the
   customers are in the           right person at the right
   right location to take         time
   advantage of offers
Why is Big Data not bigger in Asia?




     Undeveloped
         data
      ecosystem

                     Low market
                    understanding


      Lack of DMP
       technology
Data processing already sits at the centre of every decision we make.
Thankyou

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Big Data in Asia

  • 1. Big Data Vietnam and the data ecosystem Tom Simpson Head of Digital
  • 2. In 1996 it took 25 minutes to download 1 song.
  • 3. Now it takes just 25 seconds on your mobile phone.
  • 4. 30 billion pieces of content are shared on Facebook everyday.
  • 5. Making him a lot of money… But we’ll come back to that.
  • 6. 340 million tweets are sent every day. That's nearly 4 thousand per second.
  • 7. 10 thousand payment card transactions are made every second globally.
  • 8. The world is going through a period of profound change. 8
  • 9. It’s happening quickly and it’s driven by technology and the internet.
  • 10. Because of this change more data than ever before is now being generated, collected and warehoused. Ecommerce Offline Website Purchase Social Location Network Mobile Search
  • 11. #bigdata is a popular term used to describe this exponential growth in availability and use of information.
  • 12. Simply put: Everything is now on the Internet. The Internet has a lot of data. Therefore, everything is Big Data.
  • 13. “Buzzwords don't come any bigger than Big Data” – Clay Shirky, 2012
  • 14. Global interest in Big Data has risen 10x since 2011. In Vietnam people are just starting to talk...
  • 15. So how big is Big Data?
  • 16. “640KB should be enough for anybody” – Bill Gates, 1981
  • 17. Google now processes 4 EB per day. That’s 250 Million iPhones full of data.
  • 18. 50% projected annual growth in the volume of data generated. 120% if you are in media and marketing.
  • 19. The “internet of things” will take us to even bigger data.
  • 20. Three Big Data realizations. Harnessing and The issue is not using relevant that you are It's what you do data to make acquiring large with your Big better decisions amounts of data. Data that is key. This is the You definitely matters. vision for Big have Big Data. Data.
  • 21. Manage a public health response.
  • 22. Improve your chances of getting a date.
  • 23. Run an election campaign.
  • 24. Manage and stock your store.
  • 25. Curate and create content. Personalized TV channels anyone? 25
  • 26. Improve and understand the world’s fitness.
  • 27. Manage credit risk using social profiles. 27
  • 28. Dynamically price products to drive profit.
  • 29. Harnessing Big Data means using a technology platform.
  • 30. Technology platforms allow you to make Big Data useful. Classification •Organize data so you can use it Data mining •Create actionable insight
  • 31. How we use Big Data at Mindshare. CRM (Customer RTB (Real Time Relationship Bidding) Management) • Programmatic ad buying • Mine CRM programs for with our DSP to ensure insights that increase right person, right price, audience understanding right time - ultimately and drive new products, most buying in $700bn strategies or campaigns media industry moves to this model RTC (Real Time RTE (Real Time Commerce) Experience) • Send tailored • Creative optimization of recommendations to digital platforms to mobile devices at just the ensure the right ad, or right time, while the right content, for the customers are in the right person at the right right location to take time advantage of offers
  • 32. Why is Big Data not bigger in Asia? Undeveloped data ecosystem Low market understanding Lack of DMP technology
  • 33. Data processing already sits at the centre of every decision we make.
  • 34.