iSoftStone Executive Vice President Walter Fang discusses big data for smart cities in Huawei ICT Insights
“As a key driver for industrial development and the transformation of cities to smart cities, urban big data systems help businesses improve their information processing capabilities”.
Massive amounts of data are not only impacting economic growth, but also impacting the consolidation of industries and patterns of urban construction. As a result, big data frequently plays a major role in the process of developing smart cities. From prediction, to analysis, to mining for future business development, big data is critical. Availability and consumption of open data is creating new opportunities for big data service providers who are poised to take the lead.
iSoftStone, a leading China-based global IT services and solutions provider, created an architectural model for urban big data ecosystems. This model enables city management teams to change the mindset of local business leaders by pushing the revision of industry value chains and transforming organizations.
Future-proof industry advantage
The strategic significance of big data is not merely the acquisition of large amounts of data. In fact, businesses reveal the true value of big data through the choices they make to improve their data processing capabilities. This strategy allows them to convert massive amounts of data into useful information for industry development. Ultimately, the goal is to utilize these resources in order to boost government efficiency for the implementation of social programs.
The global big data market value is projected to reach 48.3 billion USD in 2018. This is an increase of nearly seven times compared to 2012, with a Compound Annual Growth Rate (CAGR) of 40.5 percent. Industries that expect continued explosive growth in big data demand include telecommunications, finance, healthcare, retail, and education.
Given its huge potential to improve competitiveness, big data is a key strategic resource. Many countries and international organizations are incorporating it into their national and global development plans. The U.S., U.K., South Korea, Singapore, and China are among the countries that have begun to establish data analysis centers based on open data applications.
Constructing smart cities
Big data is an indispensable cornerstone for smart city ecosystems. For instance, governments collect data from local industries to make decisions on future developments based on statistical science. This strategy enables citizen-focused services to be personalized from Big Data insights derived from critical economic development factors.
Smart city planners can focus on both government data disclosure and market transactions. As a result, they can leverage the value of collected data to optimize city operations. Big data platforms integrate personal data for calculating population distribution and patterns of transportation and consumption. In addition, big data provides key industry data on estate, finance, manufacturing, and energy sectors.
iSoftStone has pushed to combine public big data platforms with smart city cloud applications to construct innovative information ecosystems. Overall, these information ecosystems cover the entire industry chain. iSoftStone has pushed for this in response to the proposal of the Summary of China Urbanization Plan during the 12th Five-Year Plan. From 2011 to 2015, smart city deployments in China exceeded 102.6 billion USD. By 2015, the number of cities piloting smart city programs reached four hundred.
Given the promotion of national policies and internet development, as well as efforts by telecom operators, internet enterprises, and technology companies, smart city projects are expected to climb to USD 586.82 billion during the 13th Five-Year Plan (2016 to 2020).
In this rapidly developing market, the most important prerequisite for having useful data is accessibility (or data openness). Government-mandated disclosure policies are transforming the isolated information environments of legacy databases into a world of innovation that is led by advanced data mining applications.
Open access and the exploitation of data provide continued improvements throughout the data transaction market, creating new development opportunities. Both city planners and administrators provision public service, public safety, smart transportation, and water management via smart city operation centers. These municipal officials are applying big data technology for social governance, civil service, and economic development activities. As such, two factors are vital to the improvement of working conditions and quality of life for people living in smart city equipped municipalities.
- Social governance innovation requires a comprehensive understanding of both the impact of big data and the associated requirements. Providing accurate, timely and comprehensive statistics are key to improving the quality, authenticity, reliability and credibility of public information services. Based on geographic distribution, the big data platform plays a vital role in analyzing the local population. Analysis includes local structure, history, trends, relationships, and living habits.
- Precise plans and budgets are crucial for developing personalized and smart civil service systems. For economic development, city planners and administrators must combine the power of big data with local conditions. By doing so, they can leverage their advantages in tourism, eCommerce, agriculture, energy, manufacturing, and other industries. As a result, this move will subsequently drive smart industry upgrades by applying insights revealed using data analytics.
Big data practices
iSoftStone provides big data consulting, solutions, business intelligence analysis, and data integration and is committed to collaborative development. Their ‘One Center + Four Platforms’ big data architecture realizes real-time data displays allowing eGovernment and city management to monitor economic operations and civil services. The ‘One + Four’ architectural model lays the foundation for an urban big data ecosystem. It does so by implementing the unified processing of basic eGovernment data and including the extensive convergence of business data, deep mining of application data, and interdepartmental data sharing.
“iSoftStone values common development with partners like Huawei to help governments and enterprises promote the practical applications of big data and provide customers with solutions based on big data services”.
iSoftStone and Huawei have established a stable foundation for collaboration over their decade long partnership. Together, they rely on their combined expertise in big data centers, enterprise cloud services, smart communities, and smart city developments. Smart Mall/Square and Energy Efficiency Management are just two of the joint solutions offered by iSoftStone and Huawei. Ultimately, the companies leverage shared strengths to optimize digital communications, big data and smart industry to build smart city ecosystems.