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KUALA LUMPUR: Social media, the cloud and big data will be the game-changing trends that will transform Malaysia’s information and communications technology (ICT) industry and spur further growth of the Internet of Things (IoT) next year, says industry players.
The Multimedia Development Corporation has signed three Memorandum of Understanding with big data industry players and government partners to establish a network of Big Data Analytics Innovation Centres of Excellence (COE).
SINGAPORE: GIC Pte has hired a big data expert as it expands computer-driven investments through a quantitative group started earlier this year.
The aerospace industry is struggling to make the most of the chances offered by Big Data to reduce production costs, optimise flight routes, and improve monitoring and maintenance of aircraft equipment, executives said.
Maana, a startup selling big-data software to large companies such as Chevron Corp and General Electric Co, is in the midst of raising a new round of funding, the company's chief executive officer said.
Chinese e-commerce titan Alibaba Group Holding Ltd has tied up with Sinopec, Asia's biggest oil refiner, to provide cloud computing services and 'big data' analysis, the companies said.
GUIYANG: Authorities in Guizhou province have been using big data to guarantee food safety for student meals.
Britain's markets watchdog has dropped plans for a formal market review of whether Big Data might make it harder or more expensive for some customers to buy car and home insurance, saying there was no evidence of that so far.
BUKIT JALIL: National research and development agency, Mimos, has launched the Big Data Analytics (BDA) Digital Government Lab (DGL), which is part of the wider Digital Government Innovation Network (DGOIN), an initiative to accelerate BDA adoption in Malaysia.