How to Embrace the "Age of Big Data"

The surging wave of big data is carrying huge business opportunities and impacting the concepts and thinking of the traditional economy. New products, services, and industries are emerging, driven by big data, and are profoundly changing everyone's daily life. A "Big Data Era" based on technological advances is now upon us.

There is a Chinese idiom that says, "You can see the whole picture from a single spot". Looking back at the long history of human development, confined to the technical limitations of the "sampling data", and built on this "limited data" based on assumptions, reasoning, argumentation, just as "a glimpse of the panther", is the human inaccessible to the public. As a result, it is the only way to explore an unknown area without access to "all the data".

The development of social networks, e-commerce, mobile communications, wearable devices, and other "cloud computing" technologies on the basis of the Internet has allowed "sample data" to quickly give way to "big data". "All data" that is "big data" era, so that "know the whole panorama" not only become possible, but also become more and more easy.

Tian Suning, Chairman of Broadband Capital, said, "Cloud computing-based means of information storage, sharing, and mining can cheaply, effectively, and quickly store these large amounts, high speeds, and multi-variable terminal data, and analyze and calculate them at any time."

The "panorama" is, of course, more reflective of the nature of things than the "speck". According to Victor, the author of The Age of Big Data, big data enables human beings for the first time to have the opportunity and conditions to obtain and use comprehensive data, complete data, and systematic data in a very wide range of fields and at a very in-depth level, to explore the laws of the real world in depth, and to obtain knowledge that was impossible to obtain in the past, and to obtain business opportunities that were unattainable in the past.

According to Tian Shuning, big data is becoming a huge economic asset, the "mineral" and "oil" of the new era, and will bring a new direction of entrepreneurship, business models and investment opportunities.

Indeed, big data is becoming the object of capital "love". From Facebook, Google, to Baidu, nine times, all over the world, such as the capital of the crucian carp, is accelerating to the "big data" field assembly. Founded in 2010, nine times the big data, 2014, 2015, two financing, to raise funds of nearly 1 billion yuan, got the Bo Xin Capital, Jianyin Wealth, Contemporary Group, IDG Capital and other 18 top funds of the pursuit.

The 2015 White Paper on China's Big Data Industry shows that China's big data market reached 76.7 billion yuan in 2014 and is expected to exceed 800 billion yuan by 2020. And Shenwan Hongyuan's report analyzed that 10 years later, "big data" can pry trillions of yuan of GDP.

The bright prospects can't hide the twists and turns of the road ahead. Scarcity is the basic attribute of any resource. The bottleneck in the development of "big data" also lies in the "accessibility" of data. China's government network disclosure of information shows that more than 80% of China's information and data resources at all levels of government departments in the hands of the "deep boudoir" and failed to enjoy with the community ****, resulting in a great waste.

Being in the era of big data, people's lives require navigation, weather, housing, medical, employment and other information, often from the government's information and data openness; industrial development requires strategic thinking, layout planning, landing programs, etc., and often rely on the government information data mining, reorganization, and mashups. The huge cell phone users and application market have created the extreme richness of China's big data resources. Solving these problems caused by large-scale data and exploring solutions based on big data is an important means of upgrading China's industries and improving efficiency.

Wang Sanshou, executive president of the Guiyang Big Data Exchange and founder of Ninth Square Big Data, believes that big data will become the most valuable resource in the hands of the government after land. He said that activating big data resources in the hands of the government, letting them out of the government's "boudoir" and participating in the market as elements is not only a realistic need for decentralization, but also an important part of supply-side reform, and a necessary way to embrace the big data economy.

The flow of elements to create value. Open and circulating data is the requirement of the development of the times. The U.S. government has created the Data.gov website, which opens the door to big data; the U.K. and India have a "data disclosure" campaign; and in recent years, China has also seen the rise of a number of data trading organizations, such as the Guiyang Big Data Exchange, but the government, as the main body of the data, is still slow to move.

The mining and application of data is not only the core of a company's competitiveness, but also a symbol of national competitiveness. In the process of China's industrial transformation and upgrading, the innovative way of thinking about big data to solve problems, promote supply-side reform, create new industrial clusters, and realize the "Made in China" to "China Creation" "China Intelligence" transformation, the significance of this is particularly significant. The significance of the transition to "Made in China" to "Created in China" "Made in China" is particularly important.

Throughout recent history, the successive technological revolutions, China has fallen behind the times. And this Internet-based big data change, China and the world's distance is the smallest, in many areas or even the leader. Tian Shuning said, "As long as we embrace the 'big data era' with an open mind and the courage to innovate, we will surely be able to seize the opportunity of innovation given to China by history."