SlideShare a Scribd company logo
DATA INNOVATION IN THE DIGITAL ECONOMY
Chandan Rajah [ @ChandanRajah ]
“Innovation without commercialisation is like a car without an engine” – Vince Cable
What’s the Digital Catapult ?
Not for Profit Organisation Funded by Innovate UK
Stimulate the Digital Economy
Unlock Value from DataHelp New Businesses Faster and more Trusted Ways
Collaborate Unlock Accelerate> >
One of Seven
Rapidly Advance UK’s best Digital Ideas
DIMENSIONS OF FOCUS
PERSONAL DATA
AND TRUST
PROPRIETARY AND
DIVERSE DATA
INTERNET OF THINGS CREATIVE INNOVATION
Digital Catapult Centre
Personal Data, Privacy and Trust
“Find new ways for technologists to work with data whilst safeguarding individual privacy and security”
Projects
• Energy MiData
• Milton Keynes Citizen MiData Study
• European IT ICT Labs High Impact Initiative on Personal and Trusted Data
Evolution
• Trust Frameworks
• Capability Hub
• Central Consent Broker
Unlocking Diverse and Proprietary Data
“making information useable by creating new ways for small businesses to exploit the full potential of
diverse, proprietary and closed data sets”
Projects
• Trusted Data Hub *
• Open Health Data Platform
• Manchester Open Data
• Environment Data Hub
Evolution
• Data Exchange and Marketplace
• Simplified Data Licensing
• Ontology and Data Discovery
Internet of Things
“Accelerating the prototyping of future products and services by giving innovators advance access to
the next generation of connected technologies.”
Projects
• 5G Innovation Centre Access and Fellowship
• Milton Keynes Smart Hub
• Milton Keynes Whitespace
• European 5G PPP Community Engagement
• Euro CPS
Evolution
• Capability Hub
• Innovator Labs and Demonstration Space
Content Innovation
“Reduce licensing friction using technology to create a new business-friendly online marketplace for re-
use of creative content.”
Projects
• Copyright Hub *
• Capability Hub
Evolution
• Data Rights Management
• Metadata Hub
Big Data Science and the Value Chain ?
Generation Transport Knowledge Output Value
BIG DATA SCIENCE
Straddles all four Dimensions of Focus
Data Analytics to Data Discovery ?
data you know
data you don’t know
questionsyou’reasking
questionsyou’renotasking
Data Analyst
Data Scientist
Data
Analytics
Data Discovery
DATA MODELLING
Y  F( X, random noise, parameters)
ALGORITHMIC MODELLING
Y  [ BLACK BOX ]  X
Health is the next Frontier for Disruption
PEOPLE CONDITION PROCEDURE REMEDY
“£120 billion spent on healthcare in the UK ~ 7% GDP
$1.2 trillion spent on healthcare in the US ~ 10% GDP” - WHO
“$800 billion of value locked in health data
6 – 8% unlocked today” – McKinsey & Co.
Cost Speedl Agilityl Capabilityl
WORDS OF WISDOM
NOT ALL ROADS LEAD TO ROME
TIME VALUE OF DATA KNOWLEDGE IS POWER
I AM AN INDIVIDUAL
“Innovation without commercialisation is like a car without an engine” – Vince Cable

More Related Content

What's hot

Open data round table talk 13 may
Open data round table talk 13 mayOpen data round table talk 13 may
Open data round table talk 13 may
Katalin Gallyas
 
RSJ Press Release
RSJ Press ReleaseRSJ Press Release
RSJ Press ReleasePaul Cairns
 
May 2013 Federal Cloud Computing Summit Welcome by Dr. David McClure
May 2013 Federal Cloud Computing Summit Welcome by Dr. David McClureMay 2013 Federal Cloud Computing Summit Welcome by Dr. David McClure
May 2013 Federal Cloud Computing Summit Welcome by Dr. David McClure
Tim Harvey
 
May 2013 Federal Cloud Computing Summit Presentation
May 2013 Federal Cloud Computing Summit PresentationMay 2013 Federal Cloud Computing Summit Presentation
May 2013 Federal Cloud Computing Summit Presentation
Tim Harvey
 
ODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin StarksODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin Starks
theODI
 
Data driven innovation
Data driven innovationData driven innovation
Data driven innovation
Big Data Value Association
 
May 2013 Federal Cloud Computing Summit Keynote by David Cearly
May 2013 Federal Cloud Computing Summit Keynote by David CearlyMay 2013 Federal Cloud Computing Summit Keynote by David Cearly
May 2013 Federal Cloud Computing Summit Keynote by David Cearly
Tim Harvey
 
¿Porqué un Gobierno Abierto?
¿Porqué un Gobierno Abierto?¿Porqué un Gobierno Abierto?
Cisco Bas Boorsma
Cisco Bas BoorsmaCisco Bas Boorsma
Cisco Bas Boorsma
BigDataExpo
 
Designing social tech Innovation for those furthest from work
Designing social tech Innovation for those furthest from workDesigning social tech Innovation for those furthest from work
Designing social tech Innovation for those furthest from work
Dannno
 
The Open Data Institute at AnalyticsForward on March 14, 2015
The Open Data Institute at AnalyticsForward on March 14, 2015The Open Data Institute at AnalyticsForward on March 14, 2015
The Open Data Institute at AnalyticsForward on March 14, 2015
The Open Data Institute of North Carolina
 
A Connected Future Starts Inside CoreSite's Data Centers
A Connected Future Starts Inside CoreSite's Data CentersA Connected Future Starts Inside CoreSite's Data Centers
A Connected Future Starts Inside CoreSite's Data Centers
Mike Trawick
 
Sitra 18052020 Strategy for Data
Sitra 18052020 Strategy for DataSitra 18052020 Strategy for Data
Sitra 18052020 Strategy for Data
Sitra / Hyvinvointi
 
Introduction to the ODI NC
Introduction to the ODI NCIntroduction to the ODI NC
Introduction to the ODI NC
Ian Henshaw
 
Maurizio Pilu - Digital Catapult - IoT Day - 10 04 2014
Maurizio Pilu   - Digital Catapult  - IoT Day -  10 04 2014Maurizio Pilu   - Digital Catapult  - IoT Day -  10 04 2014
Maurizio Pilu - Digital Catapult - IoT Day - 10 04 2014Maurizio Pilu
 
2019.05.09 Fostering shared digital platforms for cities to build innovative ...
2019.05.09 Fostering shared digital platforms for cities to build innovative ...2019.05.09 Fostering shared digital platforms for cities to build innovative ...
2019.05.09 Fostering shared digital platforms for cities to build innovative ...
MiquelEstape
 
iotlaunchpad cisco
iotlaunchpad ciscoiotlaunchpad cisco
iotlaunchpad cisco
TechCityUK
 
CIO Perspective
CIO PerspectiveCIO Perspective
CIO Perspective
mike d. kail
 
Goebel.jst.big.data.jan10 12.2017.4
Goebel.jst.big.data.jan10 12.2017.4Goebel.jst.big.data.jan10 12.2017.4
Goebel.jst.big.data.jan10 12.2017.4
Randy Goebel
 

What's hot (20)

Open data round table talk 13 may
Open data round table talk 13 mayOpen data round table talk 13 may
Open data round table talk 13 may
 
RSJ Press Release
RSJ Press ReleaseRSJ Press Release
RSJ Press Release
 
May 2013 Federal Cloud Computing Summit Welcome by Dr. David McClure
May 2013 Federal Cloud Computing Summit Welcome by Dr. David McClureMay 2013 Federal Cloud Computing Summit Welcome by Dr. David McClure
May 2013 Federal Cloud Computing Summit Welcome by Dr. David McClure
 
May 2013 Federal Cloud Computing Summit Presentation
May 2013 Federal Cloud Computing Summit PresentationMay 2013 Federal Cloud Computing Summit Presentation
May 2013 Federal Cloud Computing Summit Presentation
 
ODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin StarksODI 2015 06 opentech - Gavin Starks
ODI 2015 06 opentech - Gavin Starks
 
Data driven innovation
Data driven innovationData driven innovation
Data driven innovation
 
May 2013 Federal Cloud Computing Summit Keynote by David Cearly
May 2013 Federal Cloud Computing Summit Keynote by David CearlyMay 2013 Federal Cloud Computing Summit Keynote by David Cearly
May 2013 Federal Cloud Computing Summit Keynote by David Cearly
 
¿Porqué un Gobierno Abierto?
¿Porqué un Gobierno Abierto?¿Porqué un Gobierno Abierto?
¿Porqué un Gobierno Abierto?
 
Cisco Bas Boorsma
Cisco Bas BoorsmaCisco Bas Boorsma
Cisco Bas Boorsma
 
Designing social tech Innovation for those furthest from work
Designing social tech Innovation for those furthest from workDesigning social tech Innovation for those furthest from work
Designing social tech Innovation for those furthest from work
 
EventDetails
EventDetailsEventDetails
EventDetails
 
The Open Data Institute at AnalyticsForward on March 14, 2015
The Open Data Institute at AnalyticsForward on March 14, 2015The Open Data Institute at AnalyticsForward on March 14, 2015
The Open Data Institute at AnalyticsForward on March 14, 2015
 
A Connected Future Starts Inside CoreSite's Data Centers
A Connected Future Starts Inside CoreSite's Data CentersA Connected Future Starts Inside CoreSite's Data Centers
A Connected Future Starts Inside CoreSite's Data Centers
 
Sitra 18052020 Strategy for Data
Sitra 18052020 Strategy for DataSitra 18052020 Strategy for Data
Sitra 18052020 Strategy for Data
 
Introduction to the ODI NC
Introduction to the ODI NCIntroduction to the ODI NC
Introduction to the ODI NC
 
Maurizio Pilu - Digital Catapult - IoT Day - 10 04 2014
Maurizio Pilu   - Digital Catapult  - IoT Day -  10 04 2014Maurizio Pilu   - Digital Catapult  - IoT Day -  10 04 2014
Maurizio Pilu - Digital Catapult - IoT Day - 10 04 2014
 
2019.05.09 Fostering shared digital platforms for cities to build innovative ...
2019.05.09 Fostering shared digital platforms for cities to build innovative ...2019.05.09 Fostering shared digital platforms for cities to build innovative ...
2019.05.09 Fostering shared digital platforms for cities to build innovative ...
 
iotlaunchpad cisco
iotlaunchpad ciscoiotlaunchpad cisco
iotlaunchpad cisco
 
CIO Perspective
CIO PerspectiveCIO Perspective
CIO Perspective
 
Goebel.jst.big.data.jan10 12.2017.4
Goebel.jst.big.data.jan10 12.2017.4Goebel.jst.big.data.jan10 12.2017.4
Goebel.jst.big.data.jan10 12.2017.4
 

Viewers also liked

Y.A.N.A. You Are Not Alone
Y.A.N.A. You Are Not AloneY.A.N.A. You Are Not Alone
Y.A.N.A. You Are Not Alone
Wanda Santiago
 
Apresentação castelmar
Apresentação   castelmarApresentação   castelmar
Apresentação castelmar
Rosana Santos
 
Cobit5 - Gerencia de Processos
Cobit5 - Gerencia de ProcessosCobit5 - Gerencia de Processos
Cobit5 - Gerencia de Processos
Lenicio S. Melo Júnior
 
Social Triangulation with Big Data
Social Triangulation with Big DataSocial Triangulation with Big Data
Social Triangulation with Big Data
Chandan Rajah
 
PeerTute Pilot Study Report
PeerTute Pilot Study ReportPeerTute Pilot Study Report
PeerTute Pilot Study Report
SpoonFeedMe
 
Siglo xviii resuelto
Siglo xviii resueltoSiglo xviii resuelto
Siglo xviii resuelto
IES Nueve Valles
 
Graphics branding 2016
Graphics branding 2016Graphics branding 2016
Graphics branding 2016
Ruchin Chaudhary
 
Fernando vii
Fernando viiFernando vii
Tutorial - Google Drive
Tutorial - Google DriveTutorial - Google Drive
Tutorial - Google Drive
Edumóvel
 
Tema 6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...
Tema  6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...Tema  6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...
Tema 6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...
Chema R.
 
Revolución rusa. Apuntes
Revolución rusa. ApuntesRevolución rusa. Apuntes
Revolución rusa. Apuntes
Fernando Alvarez Fernández
 
La Guerra Fría: tabla acontecimientos y guerras
La Guerra Fría: tabla acontecimientos y guerrasLa Guerra Fría: tabla acontecimientos y guerras
La Guerra Fría: tabla acontecimientos y guerras
Fernando Alvarez Fernández
 

Viewers also liked (15)

Y.A.N.A. You Are Not Alone
Y.A.N.A. You Are Not AloneY.A.N.A. You Are Not Alone
Y.A.N.A. You Are Not Alone
 
Apresentação castelmar
Apresentação   castelmarApresentação   castelmar
Apresentação castelmar
 
Baratza aurkezpen
Baratza aurkezpen Baratza aurkezpen
Baratza aurkezpen
 
Cobit5 - Gerencia de Processos
Cobit5 - Gerencia de ProcessosCobit5 - Gerencia de Processos
Cobit5 - Gerencia de Processos
 
Social Triangulation with Big Data
Social Triangulation with Big DataSocial Triangulation with Big Data
Social Triangulation with Big Data
 
FABBBDEF-Model
FABBBDEF-ModelFABBBDEF-Model
FABBBDEF-Model
 
PeerTute Pilot Study Report
PeerTute Pilot Study ReportPeerTute Pilot Study Report
PeerTute Pilot Study Report
 
Siglo xviii resuelto
Siglo xviii resueltoSiglo xviii resuelto
Siglo xviii resuelto
 
Graphics branding 2016
Graphics branding 2016Graphics branding 2016
Graphics branding 2016
 
Fernando vii
Fernando viiFernando vii
Fernando vii
 
RUCHIN IITK THESIS
RUCHIN IITK THESISRUCHIN IITK THESIS
RUCHIN IITK THESIS
 
Tutorial - Google Drive
Tutorial - Google DriveTutorial - Google Drive
Tutorial - Google Drive
 
Tema 6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...
Tema  6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...Tema  6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...
Tema 6 2eso 2016. La península íbérica entre los S: XI y XV.El final de la E...
 
Revolución rusa. Apuntes
Revolución rusa. ApuntesRevolución rusa. Apuntes
Revolución rusa. Apuntes
 
La Guerra Fría: tabla acontecimientos y guerras
La Guerra Fría: tabla acontecimientos y guerrasLa Guerra Fría: tabla acontecimientos y guerras
La Guerra Fría: tabla acontecimientos y guerras
 

Similar to Data Innovation in the Digital Economy

Health Innovation and the Digital Catapult
Health Innovation and the Digital CatapultHealth Innovation and the Digital Catapult
Health Innovation and the Digital Catapult
Chandan Rajah
 
CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013
CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013
CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013Maurizio Pilu
 
COMIT Sept 2016 - Open Data (Paul Wilkinson)
COMIT Sept 2016 - Open Data (Paul Wilkinson)COMIT Sept 2016 - Open Data (Paul Wilkinson)
COMIT Sept 2016 - Open Data (Paul Wilkinson)
Comit Projects Ltd
 
Industry 4.0 Plymouth Manufacturing Group
Industry 4.0 Plymouth Manufacturing Group Industry 4.0 Plymouth Manufacturing Group
Industry 4.0 Plymouth Manufacturing Group
Digital Catapult
 
Io t roadmapping 11-12 july 2012 - welcome pres by tsb v1 maurizio pilu
Io t roadmapping   11-12 july 2012 - welcome pres by tsb v1 maurizio pilu Io t roadmapping   11-12 july 2012 - welcome pres by tsb v1 maurizio pilu
Io t roadmapping 11-12 july 2012 - welcome pres by tsb v1 maurizio pilu grahamhitchen
 
Digital Catapult Introduction
Digital Catapult Introduction Digital Catapult Introduction
Digital Catapult Introduction
Digital Catapult
 
New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe
New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe
New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe
inside-BigData.com
 
What does Social-Tech Innovation look like?
What does Social-Tech Innovation look like?What does Social-Tech Innovation look like?
What does Social-Tech Innovation look like?
Dannno
 
D2-5_BIG DATA EmilianoAnzellotti_v2 [
D2-5_BIG DATA EmilianoAnzellotti_v2 [D2-5_BIG DATA EmilianoAnzellotti_v2 [
D2-5_BIG DATA EmilianoAnzellotti_v2 [Emiliano Anzellotti
 
Frictionless Sharing - The New Normal?
Frictionless Sharing - The New Normal?Frictionless Sharing - The New Normal?
Frictionless Sharing - The New Normal?
Martin Hamilton
 
Towards a BIG Data Public Private Partnership
Towards a BIG Data Public Private PartnershipTowards a BIG Data Public Private Partnership
Towards a BIG Data Public Private Partnership
Edward Curry
 
Lessons from Canada’s First Open Data Exchange
Lessons from Canada’s First Open Data ExchangeLessons from Canada’s First Open Data Exchange
Lessons from Canada’s First Open Data Exchange
Canada's Open Data Exchange (ODX)
 
The Data Lab - Value from Data
The Data Lab - Value from DataThe Data Lab - Value from Data
The Data Lab - Value from Data
Andrew Mitchell
 
Can You Really Make Best Use of Big Data?
Can You Really Make Best Use of Big Data?Can You Really Make Best Use of Big Data?
Can You Really Make Best Use of Big Data?
R A Akerkar
 
Connected Products in the Internet of Things
Connected Products in the Internet of ThingsConnected Products in the Internet of Things
Connected Products in the Internet of Things
Marko Balabanovic
 
Rising tide of data update 20171024
Rising tide of data update 20171024Rising tide of data update 20171024
Rising tide of data update 20171024
Keith Russell
 
Rising tide of data update
Rising tide of data update Rising tide of data update
Rising tide of data update
ARDC
 
Mp io t uk consultaiton 23 nov 2011 berlin (v3) final presented
Mp io t uk consultaiton 23 nov 2011 berlin (v3)   final presentedMp io t uk consultaiton 23 nov 2011 berlin (v3)   final presented
Mp io t uk consultaiton 23 nov 2011 berlin (v3) final presentedgrahamhitchen
 
NETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENT
NETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENTNETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENT
NETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENT
SVCAVET
 
ODI Overview 201306 iCity
ODI Overview 201306 iCityODI Overview 201306 iCity
ODI Overview 201306 iCitytheODI
 

Similar to Data Innovation in the Digital Economy (20)

Health Innovation and the Digital Catapult
Health Innovation and the Digital CatapultHealth Innovation and the Digital Catapult
Health Innovation and the Digital Catapult
 
CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013
CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013
CDE Catapult by Maurizio Pilu - Cambridge Wireless Event - 28 Nov 2013
 
COMIT Sept 2016 - Open Data (Paul Wilkinson)
COMIT Sept 2016 - Open Data (Paul Wilkinson)COMIT Sept 2016 - Open Data (Paul Wilkinson)
COMIT Sept 2016 - Open Data (Paul Wilkinson)
 
Industry 4.0 Plymouth Manufacturing Group
Industry 4.0 Plymouth Manufacturing Group Industry 4.0 Plymouth Manufacturing Group
Industry 4.0 Plymouth Manufacturing Group
 
Io t roadmapping 11-12 july 2012 - welcome pres by tsb v1 maurizio pilu
Io t roadmapping   11-12 july 2012 - welcome pres by tsb v1 maurizio pilu Io t roadmapping   11-12 july 2012 - welcome pres by tsb v1 maurizio pilu
Io t roadmapping 11-12 july 2012 - welcome pres by tsb v1 maurizio pilu
 
Digital Catapult Introduction
Digital Catapult Introduction Digital Catapult Introduction
Digital Catapult Introduction
 
New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe
New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe
New Horizons for a Data-Driven Economy – A Roadmap for Big Data in Europe
 
What does Social-Tech Innovation look like?
What does Social-Tech Innovation look like?What does Social-Tech Innovation look like?
What does Social-Tech Innovation look like?
 
D2-5_BIG DATA EmilianoAnzellotti_v2 [
D2-5_BIG DATA EmilianoAnzellotti_v2 [D2-5_BIG DATA EmilianoAnzellotti_v2 [
D2-5_BIG DATA EmilianoAnzellotti_v2 [
 
Frictionless Sharing - The New Normal?
Frictionless Sharing - The New Normal?Frictionless Sharing - The New Normal?
Frictionless Sharing - The New Normal?
 
Towards a BIG Data Public Private Partnership
Towards a BIG Data Public Private PartnershipTowards a BIG Data Public Private Partnership
Towards a BIG Data Public Private Partnership
 
Lessons from Canada’s First Open Data Exchange
Lessons from Canada’s First Open Data ExchangeLessons from Canada’s First Open Data Exchange
Lessons from Canada’s First Open Data Exchange
 
The Data Lab - Value from Data
The Data Lab - Value from DataThe Data Lab - Value from Data
The Data Lab - Value from Data
 
Can You Really Make Best Use of Big Data?
Can You Really Make Best Use of Big Data?Can You Really Make Best Use of Big Data?
Can You Really Make Best Use of Big Data?
 
Connected Products in the Internet of Things
Connected Products in the Internet of ThingsConnected Products in the Internet of Things
Connected Products in the Internet of Things
 
Rising tide of data update 20171024
Rising tide of data update 20171024Rising tide of data update 20171024
Rising tide of data update 20171024
 
Rising tide of data update
Rising tide of data update Rising tide of data update
Rising tide of data update
 
Mp io t uk consultaiton 23 nov 2011 berlin (v3) final presented
Mp io t uk consultaiton 23 nov 2011 berlin (v3)   final presentedMp io t uk consultaiton 23 nov 2011 berlin (v3)   final presented
Mp io t uk consultaiton 23 nov 2011 berlin (v3) final presented
 
NETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENT
NETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENTNETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENT
NETWORKING AND INFORMATION TECHNOLOGY AND DEVELOPMENT
 
ODI Overview 201306 iCity
ODI Overview 201306 iCityODI Overview 201306 iCity
ODI Overview 201306 iCity
 

More from Chandan Rajah

Business Change through Predictive Analytics
Business Change through Predictive AnalyticsBusiness Change through Predictive Analytics
Business Change through Predictive Analytics
Chandan Rajah
 
Business Change through Predictive Analytics
Business Change through Predictive AnalyticsBusiness Change through Predictive Analytics
Business Change through Predictive Analytics
Chandan Rajah
 
Data Disruption by Vertical Innovation
Data Disruption by Vertical InnovationData Disruption by Vertical Innovation
Data Disruption by Vertical Innovation
Chandan Rajah
 
Data Innovation in the UK
Data Innovation in the UKData Innovation in the UK
Data Innovation in the UK
Chandan Rajah
 
Data Disruption by Vertical Innovation in Media
Data Disruption by Vertical Innovation in MediaData Disruption by Vertical Innovation in Media
Data Disruption by Vertical Innovation in Media
Chandan Rajah
 
Catalysing Sector Advantage
Catalysing Sector AdvantageCatalysing Sector Advantage
Catalysing Sector Advantage
Chandan Rajah
 
Rise of the Machines
Rise of the MachinesRise of the Machines
Rise of the Machines
Chandan Rajah
 
Steps to the Big Data Science Epiphany
Steps to the Big Data Science EpiphanySteps to the Big Data Science Epiphany
Steps to the Big Data Science Epiphany
Chandan Rajah
 
Disruptive Data in Future Care
Disruptive Data in Future CareDisruptive Data in Future Care
Disruptive Data in Future Care
Chandan Rajah
 
Big Data Science at the Digital Catapult
Big Data Science at the Digital CatapultBig Data Science at the Digital Catapult
Big Data Science at the Digital Catapult
Chandan Rajah
 
Data Warehouse to Data Science
Data Warehouse to Data ScienceData Warehouse to Data Science
Data Warehouse to Data Science
Chandan Rajah
 
Business Impact of Predictive Analytics
Business Impact of Predictive AnalyticsBusiness Impact of Predictive Analytics
Business Impact of Predictive Analytics
Chandan Rajah
 
Big Data Science Challenges in Media
Big Data Science Challenges in MediaBig Data Science Challenges in Media
Big Data Science Challenges in Media
Chandan Rajah
 
Hadoop and friends
Hadoop and friendsHadoop and friends
Hadoop and friends
Chandan Rajah
 
Big Data Science: Intro and Benefits
Big Data Science: Intro and BenefitsBig Data Science: Intro and Benefits
Big Data Science: Intro and Benefits
Chandan Rajah
 
IPTV Case Study
IPTV Case StudyIPTV Case Study
IPTV Case Study
Chandan Rajah
 

More from Chandan Rajah (16)

Business Change through Predictive Analytics
Business Change through Predictive AnalyticsBusiness Change through Predictive Analytics
Business Change through Predictive Analytics
 
Business Change through Predictive Analytics
Business Change through Predictive AnalyticsBusiness Change through Predictive Analytics
Business Change through Predictive Analytics
 
Data Disruption by Vertical Innovation
Data Disruption by Vertical InnovationData Disruption by Vertical Innovation
Data Disruption by Vertical Innovation
 
Data Innovation in the UK
Data Innovation in the UKData Innovation in the UK
Data Innovation in the UK
 
Data Disruption by Vertical Innovation in Media
Data Disruption by Vertical Innovation in MediaData Disruption by Vertical Innovation in Media
Data Disruption by Vertical Innovation in Media
 
Catalysing Sector Advantage
Catalysing Sector AdvantageCatalysing Sector Advantage
Catalysing Sector Advantage
 
Rise of the Machines
Rise of the MachinesRise of the Machines
Rise of the Machines
 
Steps to the Big Data Science Epiphany
Steps to the Big Data Science EpiphanySteps to the Big Data Science Epiphany
Steps to the Big Data Science Epiphany
 
Disruptive Data in Future Care
Disruptive Data in Future CareDisruptive Data in Future Care
Disruptive Data in Future Care
 
Big Data Science at the Digital Catapult
Big Data Science at the Digital CatapultBig Data Science at the Digital Catapult
Big Data Science at the Digital Catapult
 
Data Warehouse to Data Science
Data Warehouse to Data ScienceData Warehouse to Data Science
Data Warehouse to Data Science
 
Business Impact of Predictive Analytics
Business Impact of Predictive AnalyticsBusiness Impact of Predictive Analytics
Business Impact of Predictive Analytics
 
Big Data Science Challenges in Media
Big Data Science Challenges in MediaBig Data Science Challenges in Media
Big Data Science Challenges in Media
 
Hadoop and friends
Hadoop and friendsHadoop and friends
Hadoop and friends
 
Big Data Science: Intro and Benefits
Big Data Science: Intro and BenefitsBig Data Science: Intro and Benefits
Big Data Science: Intro and Benefits
 
IPTV Case Study
IPTV Case StudyIPTV Case Study
IPTV Case Study
 

Recently uploaded

State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
Prayukth K V
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance
 
Search and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical FuturesSearch and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical Futures
Bhaskar Mitra
 
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Product School
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
RTTS
 
PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)
Ralf Eggert
 
UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4
DianaGray10
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Inflectra
 
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
Product School
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
Sri Ambati
 
ODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User GroupODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User Group
CatarinaPereira64715
 
The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
Laura Byrne
 
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
James Anderson
 
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Jeffrey Haguewood
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
Thijs Feryn
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
OnBoard
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
91mobiles
 
Bits & Pixels using AI for Good.........
Bits & Pixels using AI for Good.........Bits & Pixels using AI for Good.........
Bits & Pixels using AI for Good.........
Alison B. Lowndes
 
FIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdfFIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
Paul Groth
 

Recently uploaded (20)

State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
 
Search and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical FuturesSearch and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical Futures
 
Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...Mission to Decommission: Importance of Decommissioning Products to Increase E...
Mission to Decommission: Importance of Decommissioning Products to Increase E...
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
 
PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)
 
UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
 
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
 
ODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User GroupODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User Group
 
The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
 
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
 
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
 
Bits & Pixels using AI for Good.........
Bits & Pixels using AI for Good.........Bits & Pixels using AI for Good.........
Bits & Pixels using AI for Good.........
 
FIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdfFIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdf
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
 

Data Innovation in the Digital Economy

  • 1. DATA INNOVATION IN THE DIGITAL ECONOMY Chandan Rajah [ @ChandanRajah ] “Innovation without commercialisation is like a car without an engine” – Vince Cable
  • 2. What’s the Digital Catapult ? Not for Profit Organisation Funded by Innovate UK Stimulate the Digital Economy Unlock Value from DataHelp New Businesses Faster and more Trusted Ways Collaborate Unlock Accelerate> > One of Seven Rapidly Advance UK’s best Digital Ideas
  • 3. DIMENSIONS OF FOCUS PERSONAL DATA AND TRUST PROPRIETARY AND DIVERSE DATA INTERNET OF THINGS CREATIVE INNOVATION
  • 5. Personal Data, Privacy and Trust “Find new ways for technologists to work with data whilst safeguarding individual privacy and security” Projects • Energy MiData • Milton Keynes Citizen MiData Study • European IT ICT Labs High Impact Initiative on Personal and Trusted Data Evolution • Trust Frameworks • Capability Hub • Central Consent Broker
  • 6. Unlocking Diverse and Proprietary Data “making information useable by creating new ways for small businesses to exploit the full potential of diverse, proprietary and closed data sets” Projects • Trusted Data Hub * • Open Health Data Platform • Manchester Open Data • Environment Data Hub Evolution • Data Exchange and Marketplace • Simplified Data Licensing • Ontology and Data Discovery
  • 7. Internet of Things “Accelerating the prototyping of future products and services by giving innovators advance access to the next generation of connected technologies.” Projects • 5G Innovation Centre Access and Fellowship • Milton Keynes Smart Hub • Milton Keynes Whitespace • European 5G PPP Community Engagement • Euro CPS Evolution • Capability Hub • Innovator Labs and Demonstration Space
  • 8. Content Innovation “Reduce licensing friction using technology to create a new business-friendly online marketplace for re- use of creative content.” Projects • Copyright Hub * • Capability Hub Evolution • Data Rights Management • Metadata Hub
  • 9. Big Data Science and the Value Chain ? Generation Transport Knowledge Output Value BIG DATA SCIENCE Straddles all four Dimensions of Focus
  • 10. Data Analytics to Data Discovery ? data you know data you don’t know questionsyou’reasking questionsyou’renotasking Data Analyst Data Scientist Data Analytics Data Discovery DATA MODELLING Y  F( X, random noise, parameters) ALGORITHMIC MODELLING Y  [ BLACK BOX ]  X
  • 11. Health is the next Frontier for Disruption PEOPLE CONDITION PROCEDURE REMEDY “£120 billion spent on healthcare in the UK ~ 7% GDP $1.2 trillion spent on healthcare in the US ~ 10% GDP” - WHO “$800 billion of value locked in health data 6 – 8% unlocked today” – McKinsey & Co. Cost Speedl Agilityl Capabilityl
  • 12. WORDS OF WISDOM NOT ALL ROADS LEAD TO ROME TIME VALUE OF DATA KNOWLEDGE IS POWER I AM AN INDIVIDUAL
  • 13. “Innovation without commercialisation is like a car without an engine” – Vince Cable

Editor's Notes

  1. WHAT - What is Big Data Science? WHY - Why is it needed? WHERE - Where is it being used? HOW - How will it evolve?
  2. TIME VALUE - Yesterday’s data is less valuable than today’s data - Historical data is more valuable than just now alone POWER - Get from unknown unknowns to known unknowns or known knowns is powerful LEAD TO ROME - Exploring with no direct business impact is not a bad thing INDIVUDUAL - Treat every customer as an individual not an aggregate and analyse - Aggregate only individual insights