In the modern era of do-anything-from-anywhere edge computing market has grown and continues to rise due to the WFH and learning process amidst crisis. Dell Technologies, Founder and CEO Michael Dell in his keynote highlighted that with constantly growing data, 75% of it will be processed on edge by 2025 and will require real-time analytics and intelligence to transform into conclusions. He further said that the data decade is here.
Tesla, later this year, will launch a platform to allow customers in China to access the data generated by their cars. This has never happened before in China which is the world’s largest car market and highly controlled market, Data collected from Tesla electric cars, via multiple sensors installed in the vehicle in form of pictures and videos, is stored locally in the country. Tesla makes Model 3 sedans and Model Y sport-utility cars in China.
Chinese govt has access to massive data — private emails, instant messenger and personal records — as most of the VPNs used across the globe are owned by Bejing based firms, said a report by Strike Source, The report said that 20% of the global population are “being either directly or potentially set up for the Chinese govt to collect their private data”. 31% of 4.57 bn Internet users in the world use a VPN network. In India, around 129 mn people use VPN.
Samsung Electronics said that it has begun the mass-production of a power-efficient SSD for data centres. The SSD has a power efficiency that will reduce operating costs for data centres and improved security solutions. The South Korean company said that “PM9A3E1.S” is the first data centre-use SSD product based on sixth-generation V-NAND chips. It also has a 50% improvement compared to its previous PM983aM.2 as it supports 283 (MB/s) per watt.
The Adani Group has entered the data centre business by signing a joint Venture with EdgeConneX, a lGlobal Data Centre Operator through its affiliate EdgeConneX Europe B.V and DC Development Chennai. AdaniConneX JV has begun to set up hyperscale facilities in Chennai, Navi Mumbai, Noida, Vizag and Hyderabad. The Edge sites, with proper planning, will become full-scale data centre campuses and will largely be powered by renewable energy.
Data firms are likely to creative and intrusive to source data for AI-driven behavioural analytics systems in 2021. This is after users have become aware of personal data safety. Apple, Google and Microsoft are adopting new privacy tech to give users strict privacy guarantees while continuing to make use of data. Apple has clashed with Facebook saying it has to protect its users’ privacy, while FB is wrestling with regulators to implement E2E in its messaging apps.
Federal Bank is using analytics to find where to open new ATMs and which ones need to shut down. IndusInd Bank’s is using it for customer analytics, fraud and risk analytics. DBS Bank is targeting the right products to the right customer using analytics. Axis Bank’s analytics team specialise in customer segmentation, need-based analysis and hyper-personalization of offerings. Yes Bank uses analytics for understanding customer behaviour.
50% of Indian IT leaders see a permanent rise in the value of data as firms push for digital transformation, said a report by cloud data protection and management firm Druva. The report said that about 76% said that digital transformation plans have accelerated due to the pandemic, 42% reported an increase in VC attacks, malware (40%), phishing (35%), user error / accidental tampering or deletion (32%) and insider attack (31%).
Big Data Analytics solutions’ spending to reach $22.6 bn in 2020, with a growth of 12% over 2019 in Asia Pacific region, said research firm IDC. It expects big data tech and service-related revenues to grow with a 5-year CAGR of 15.6% between the year 2019 and 24. 74% of enterprises intend to invest in BDA solutions at the same or higher level. Banking and telecom lead in BDA consumption, spending together over $ 6.1bn.