This document discusses how data from new sources is fueling the datafication of society and how official statistics are adapting to incorporate these new data sources. It notes that a city of 1 million people will generate over 200 million gigabytes of data per day by 2020, with much of it coming from smart buildings, factories, vehicles and other IoT devices. It then outlines three ways official statistics are beginning to use new data sources: 1) basing statistics directly on new sources like social media and sensor data, 2) using new sources to improve existing statistics, and 3) answering more complex policy questions by leveraging large, diverse new data sources.
SC6 Workshop 1: Official Statistics in the Age of Big DataBigData_Europe
Presentation by Michail Skaliotis, Head of the Eurostat Big Data Task Force, EC, at the first workshop of Societal Challlenge 6 in the BigDataEurope project, taking place in Luxembourg on 18 November 2015.
http://www.big-data-europe.eu/social-sciences/
We are officially at the mid-point of the year, and the labor market is still holding up strong. In June 2018, the U.S. Bureau of Labor Statistics added 213,000 jobs, beating economists projections of 195,000 jobs. The Bureau also reported revised job gains for April and May of this year. April's gains increased from 159,000 added jobs to 175,000 jobs and May's jobs improved from 223,000 jobs added to 244,000. This is a net increase of 37,000 jobs for April and May combined. Over the past three months, job gains avered a whopping 211,000 jobs.
By The Numbers: Using Statistics to Tell Your Storycdabel
Cindy Abel Morris, Manager, Bunting Visual Resources Library, UNM, presentation from VRA 28 Atlanta. "Using Statistics to Tell Your Story", for the "By the Numbers" session.
Panel presentation describing implementation and initial data collected with a new on-line reference statistics gathering tool. (March 18, 2010)
SC6 Workshop 1: Official Statistics in the Age of Big DataBigData_Europe
Presentation by Michail Skaliotis, Head of the Eurostat Big Data Task Force, EC, at the first workshop of Societal Challlenge 6 in the BigDataEurope project, taking place in Luxembourg on 18 November 2015.
http://www.big-data-europe.eu/social-sciences/
We are officially at the mid-point of the year, and the labor market is still holding up strong. In June 2018, the U.S. Bureau of Labor Statistics added 213,000 jobs, beating economists projections of 195,000 jobs. The Bureau also reported revised job gains for April and May of this year. April's gains increased from 159,000 added jobs to 175,000 jobs and May's jobs improved from 223,000 jobs added to 244,000. This is a net increase of 37,000 jobs for April and May combined. Over the past three months, job gains avered a whopping 211,000 jobs.
By The Numbers: Using Statistics to Tell Your Storycdabel
Cindy Abel Morris, Manager, Bunting Visual Resources Library, UNM, presentation from VRA 28 Atlanta. "Using Statistics to Tell Your Story", for the "By the Numbers" session.
Panel presentation describing implementation and initial data collected with a new on-line reference statistics gathering tool. (March 18, 2010)
E. Baldacci, 30 Novembre - 1 Dicembre 2021 -
Webinar: Sistemi moderni di integrazione dei dati: l’esperienza dell’Istat e di altri attori
Titolo. Data interoperability and data stewardship role
Research: US Manufacturers Digitizing at Twice the Rate of Other Businesses; 2020 Global Trade Data Reveals Insights About Future of Manufacturing Sector; Making Sustainability Part of Manufacturing; With Covid-19 Under Control, China’s Economy Surges Ahead.
Read more from here.
#usmanufacturing #ukmanufacturing #manufacturing #manufacturingsector #sustainability #mrpsoftware #mrpsystem #erpsystem #mrpeasy #manufacturingsoftware #manufacturingnews
NewMR 2019 - No fake news, how Coca-Cola created one source of truthRay Poynter
With the introduction of visualization and socialization tools over the last decade and an increased appetite for different reporting options, Coca-Cola and Infotools created a data-sharing framework to feed both internal and external reporting platforms.
NewMR Webinar, 27 June 2019, presented by Horst Feldhaeuser, Infotools.
The unemployment rate for October 2018 remained at 3.7 percent, the lowest rate since December of 1969. A whopping 250,000 jobs were added in the month of October. Additionally, the number of unemployed persons remained nearly unchanged with a total of 6.1 million people.
Over the past 12 months, the number of unemployed persons decreased by 449,000 people and the unemployment rate has dropped 0.4 percent. Checkout out JSG's October 2018 Jobs Report for more insights on the job market.
Trends Report 2017 - The Digital Puzzle: Piecing Back Together the Content Va...Canada Media Fund Trends
Access the full report here: https://trends.cmf-fmc.ca/research-reports/keytrends-report-2017-the-digital-puzzle
How has the new audiovisual value chain been reconfigured? And which players are best positioned to make the most of it?
These questions served as the framework for the 2017 edition of the Trends Report, in which the Canada Media Fund examines the value creation opportunities that have emerged from this major industrial reorganization. The digital environment has become a virtual battleground, where competitors battle each other to seize the best opportunities and to position themselves in the evolving value curve.
We will discuss the following trends, and analyze the opposing forces and the interests involved:
1. Technology and innovation - Content distribution in the discovery oligopoly era. Will the dominant platforms tighten their grip on the Web and the discovery of content? The next tool in the struggle to control user attention: artificial intelligence.
2. Consumer habits - The race for winning content is on. In an era of overabundance, what types of content stand out? Content to bet big on: live, drama, and children’s programming.
3. Business model - Diversity is a winning business model. While diversity raises crucial social and political issues, there are also many business opportunities for the taking.
4. Markets and competition - Towards a new global playing field: the new centres of influence for consumption, content, and investment. The giants of Silicon Valley and Hollywood are no longer the only ones to calling the shots. New hubs are emerging in other areas, especially in the Asia-Pacific region.
The U.S. labor market added a whopping 223,000 nonfarm payroll jobs in the month of May, blowing away economists' projections of 190,000. This is a substantial increase from the 159,000 jobs that were gained last month.
The national unemployment rate also slightly decreased to 3.8%, setting a newer 17-year low. This places the total number of unemployed Americans to 6.1 million, down 772,000 workers (or 0.5%) over the year. The labor force participation rate also edged down to 62.7%.
Manufacturing 2020: 3 Major Predictions; Tariffs Are Having a Bigger Effect on U.S. Manufacturing Than Initially Thought; UK hit by sharpest deterioration in manufacturing in 7 years; Eurozone activity picks up despite manufacturing slump.
#usmanufacturing #ukmanufacturing #germanmanufacturing #manufacturing #mrpeasy #mrp #erp #erpsystem #manufacturingnews #eurozone
The ISG Index™ provides a quarterly review of the latest industry data and trends for financial analysts, enterprise buyers, software and service providers, law firms, universities and the media. For more than 15 years, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
Federal Reserve Cuts Interest Rates for Third Time in 2019; Brexit’s Effect on the UK’s Manufacturing Sector; New method promises advances in 3D printing, manufacturing and biomedical applications.
#news #federalreserve #useconomy #usmanufacturing #brexit #ukmanufacturing #3Dprinting #biomedical #mrpeasy #manufacturing #mrp #erpsystem #erp #manufacturingsoftware
Digital econ policy data presentation for readie 18mar2016Juan Mateos-Garcia
New types of data - big data, open data, mashed up data - can help us understand the digital economy in new, policy-relevant ways. Here are some examples and challenges.
EU Data Market study. Presentation at NESSI Summit 2014 IDC & Open EvidenceKasia Szkuta
The study aims to define, assess and measure the European data economy as well as build a genuine stakeholders’ ecosystem. Find us on http://datalandscape.eu and @eudatalandscape
E. Baldacci, 30 Novembre - 1 Dicembre 2021 -
Webinar: Sistemi moderni di integrazione dei dati: l’esperienza dell’Istat e di altri attori
Titolo. Data interoperability and data stewardship role
Research: US Manufacturers Digitizing at Twice the Rate of Other Businesses; 2020 Global Trade Data Reveals Insights About Future of Manufacturing Sector; Making Sustainability Part of Manufacturing; With Covid-19 Under Control, China’s Economy Surges Ahead.
Read more from here.
#usmanufacturing #ukmanufacturing #manufacturing #manufacturingsector #sustainability #mrpsoftware #mrpsystem #erpsystem #mrpeasy #manufacturingsoftware #manufacturingnews
NewMR 2019 - No fake news, how Coca-Cola created one source of truthRay Poynter
With the introduction of visualization and socialization tools over the last decade and an increased appetite for different reporting options, Coca-Cola and Infotools created a data-sharing framework to feed both internal and external reporting platforms.
NewMR Webinar, 27 June 2019, presented by Horst Feldhaeuser, Infotools.
The unemployment rate for October 2018 remained at 3.7 percent, the lowest rate since December of 1969. A whopping 250,000 jobs were added in the month of October. Additionally, the number of unemployed persons remained nearly unchanged with a total of 6.1 million people.
Over the past 12 months, the number of unemployed persons decreased by 449,000 people and the unemployment rate has dropped 0.4 percent. Checkout out JSG's October 2018 Jobs Report for more insights on the job market.
Trends Report 2017 - The Digital Puzzle: Piecing Back Together the Content Va...Canada Media Fund Trends
Access the full report here: https://trends.cmf-fmc.ca/research-reports/keytrends-report-2017-the-digital-puzzle
How has the new audiovisual value chain been reconfigured? And which players are best positioned to make the most of it?
These questions served as the framework for the 2017 edition of the Trends Report, in which the Canada Media Fund examines the value creation opportunities that have emerged from this major industrial reorganization. The digital environment has become a virtual battleground, where competitors battle each other to seize the best opportunities and to position themselves in the evolving value curve.
We will discuss the following trends, and analyze the opposing forces and the interests involved:
1. Technology and innovation - Content distribution in the discovery oligopoly era. Will the dominant platforms tighten their grip on the Web and the discovery of content? The next tool in the struggle to control user attention: artificial intelligence.
2. Consumer habits - The race for winning content is on. In an era of overabundance, what types of content stand out? Content to bet big on: live, drama, and children’s programming.
3. Business model - Diversity is a winning business model. While diversity raises crucial social and political issues, there are also many business opportunities for the taking.
4. Markets and competition - Towards a new global playing field: the new centres of influence for consumption, content, and investment. The giants of Silicon Valley and Hollywood are no longer the only ones to calling the shots. New hubs are emerging in other areas, especially in the Asia-Pacific region.
The U.S. labor market added a whopping 223,000 nonfarm payroll jobs in the month of May, blowing away economists' projections of 190,000. This is a substantial increase from the 159,000 jobs that were gained last month.
The national unemployment rate also slightly decreased to 3.8%, setting a newer 17-year low. This places the total number of unemployed Americans to 6.1 million, down 772,000 workers (or 0.5%) over the year. The labor force participation rate also edged down to 62.7%.
Manufacturing 2020: 3 Major Predictions; Tariffs Are Having a Bigger Effect on U.S. Manufacturing Than Initially Thought; UK hit by sharpest deterioration in manufacturing in 7 years; Eurozone activity picks up despite manufacturing slump.
#usmanufacturing #ukmanufacturing #germanmanufacturing #manufacturing #mrpeasy #mrp #erp #erpsystem #manufacturingnews #eurozone
The ISG Index™ provides a quarterly review of the latest industry data and trends for financial analysts, enterprise buyers, software and service providers, law firms, universities and the media. For more than 15 years, it has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance.
Federal Reserve Cuts Interest Rates for Third Time in 2019; Brexit’s Effect on the UK’s Manufacturing Sector; New method promises advances in 3D printing, manufacturing and biomedical applications.
#news #federalreserve #useconomy #usmanufacturing #brexit #ukmanufacturing #3Dprinting #biomedical #mrpeasy #manufacturing #mrp #erpsystem #erp #manufacturingsoftware
Digital econ policy data presentation for readie 18mar2016Juan Mateos-Garcia
New types of data - big data, open data, mashed up data - can help us understand the digital economy in new, policy-relevant ways. Here are some examples and challenges.
EU Data Market study. Presentation at NESSI Summit 2014 IDC & Open EvidenceKasia Szkuta
The study aims to define, assess and measure the European data economy as well as build a genuine stakeholders’ ecosystem. Find us on http://datalandscape.eu and @eudatalandscape
Dirk Pilat-La nueva revolución de la producción: la transformación digitalFundación Ramón Areces
'La nueva revolución de la producción: la transformación digital'. Este fue el hilo conductor de la jornada que celebramos el 14 de marzo de 2017 en la Fundación Ramón Areces con la OCDE. Inaugurada por Ángel Gurría, Secretario general de la OCDE, y por Álvaro Nadal, Ministro de Energía, Turismo y Agenda Digital, intervinieron diferentes expertos y emprendedores que explicaron cómo la tecnología está revolucionando la industria y los negocios.
Presentación de Dirk Pilat, Director Adjunto de la Dirección de Ciencia, Tecnología e Innovación de la OCDE en el 31º Encuentro de de la Economía Digital y las Telecomunicaciones: La realidad digital de España, celebrado en la UIMP en septiembre de 2017
The Chinese government has set ambitious goals in its big data industry development to foster new economic drivers. One of these goals is e.g. to increase the annual sales of China’s big data industry (including related goods and services) to RMB 1 trillion by 2020 from an estimated RMB 280 billion in 2015. This report examines the Chinese big data industry and its innovators along with possible future opportunities and implications that China's expanding big data industry could entail for Finland.
Big Data Analysis: The curse of dimensionality in official statisticsDario Buono
Statistical authorities need to produce accurate data faster and in a cost effective way, to become more responsive to users´ demands, while at the same time continuing to provide high quality output. One way to fulfil this is to make use of all new accessible data sources, as for example administrative data and big data. As a result, statistical offices will have to deal more and more with a "huge" number" of time series, in particular for producing model based statistics.
Using high dimensional datasets will most likely urge statistical authorities to follow a different approach, in particular to be conscious that the measurement of socio-economic variables will follow more and more non-linear processes that could not be described by probability distributions that could be easily described by few parameters.
It will thus imply to adapt the way to observe the world through data taking into account at a greater extent uncertainty and complexity, which will in turn impact dissemination and communication activities of statistical authorities.
An overview of current Open Data activities and approaches and our own approach to manage and develop Open Data projects using Linked Data as the technical piece for the best results in the long run. Prepared for ICT 2010, http://ec.europa.eu/information_society/events/cf/ict2010/item-display.cfm?id=2790
Great Bigdata eBook giving a perspective of Bigdata Analytics Predictions for 2016. Learn about the milestones, landmarks and futures of this fast growing arena.
Similar to Presentation Sofie De Broe (ochtend) (20)
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
Data Centers - Striving Within A Narrow Range - Research Report - MCG - May 2...pchutichetpong
M Capital Group (“MCG”) expects to see demand and the changing evolution of supply, facilitated through institutional investment rotation out of offices and into work from home (“WFH”), while the ever-expanding need for data storage as global internet usage expands, with experts predicting 5.3 billion users by 2023. These market factors will be underpinned by technological changes, such as progressing cloud services and edge sites, allowing the industry to see strong expected annual growth of 13% over the next 4 years.
Whilst competitive headwinds remain, represented through the recent second bankruptcy filing of Sungard, which blames “COVID-19 and other macroeconomic trends including delayed customer spending decisions, insourcing and reductions in IT spending, energy inflation and reduction in demand for certain services”, the industry has seen key adjustments, where MCG believes that engineering cost management and technological innovation will be paramount to success.
MCG reports that the more favorable market conditions expected over the next few years, helped by the winding down of pandemic restrictions and a hybrid working environment will be driving market momentum forward. The continuous injection of capital by alternative investment firms, as well as the growing infrastructural investment from cloud service providers and social media companies, whose revenues are expected to grow over 3.6x larger by value in 2026, will likely help propel center provision and innovation. These factors paint a promising picture for the industry players that offset rising input costs and adapt to new technologies.
According to M Capital Group: “Specifically, the long-term cost-saving opportunities available from the rise of remote managing will likely aid value growth for the industry. Through margin optimization and further availability of capital for reinvestment, strong players will maintain their competitive foothold, while weaker players exit the market to balance supply and demand.”
2. Datafication of Society
A city of 1M people will generate 200M GB of data per day by 2020
SMART BUILDINGS
55M
GB/day SMART FACTORIES
50M
GB/day
PUBLIC SAFETY
SYSTEMS
50M
GB/day
SMART VEHICLES
40M
GB/day
SMART AIRPLANES
4M
GB/day SOCIAL MEDIA
+ OTHER
2M
GB/day
EXPLOSION OF DATAEXPLOSION OF DATA
Source: CISCO, INTEL
7. Surveys
and
census
Admin
sources
Big
Data
Primary to Secondary to New Datasources
7
Targeted
data
collection,
pre-
determined
questions
and
indicators
Structured data,
collected by
government
not for NSI purposes
Not necessarily
collected for
NSI purposes,
data in high volume,
velocity, variety
2000BC 20th Century 21st century
8. 1. Statistics Based on New Data Sources
Official stats
based on BD
Experimental
stats
Future of
official stats
Consumer
price index
Traffic
Intensity
Dot maps
Social tension indicator
Sensor data
Pheno
menon
9. 2. Better Statistics Based on New Data Sources
− Daas et al. (2016) Profiling of Twitter Users: a big data selectivity study. Discussion paper 201606, Statistics Netherlands
− Puts et al. (2016) Using huge amounts of road sensor data for official statistics. European Conference on Quality in Official Statistics 2016, Madrid, Spain.
− Van den Brakel, J. et al. (2016) Social media as a data source for official statistics; the Dutch Consumer Confidence Index. Discussion paper 201601,
− Bart Buelens et al. (2015) Predictive inference for non probability samples: a simulation study . Statistics Netherlands Discussion Paper 201513.
− Martijn Tennekes and Edwin de Jonge (2015) Color Schemes for Tree-Structured Data, IEEE Transactions on Visualization and Computer Graphics V. 20, issue 12
− Ton de Waal et al. (2017) Multi-source statistics: Basic Situations and Methods. Discussion Paper 201712, Statistics Netherlands
Month|year
Socialmediasentiment
10. 3. Answering Complex Policy Questions
Can we predict migrant streams?
How do we match offer and
demand in the labour market?
How do we tackle the energy transition?
How do we manage mobility and
pollution?
How do we make our businesses
smarter?