Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The Promise and Challenge of Using Big Data to Address World Problems
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Best Practices > The Promise and Challenge of Using Big Data to Address World Problems
AnalyticsBest PracticesData Mining

The Promise and Challenge of Using Big Data to Address World Problems

Brett Stupakevich
Brett Stupakevich
4 Min Read
SHARE

engineering social systems in nairobi 300x175 photo (big data)

Author: Linda Rosencrance
Spotfire Blogging Team

engineering social systems in nairobi 300x175 photo (big data)

More Read

“The consulting business may drive sales for a lot of IBM’s own technologies, as well. The company…”
Evaluating Cloud Solutions: How to Create the Right Team for the Job
IT + Marketing: Innovation Through Collaboration in B2B Software Companies
Nuevora Takes Flexible Approach to Big Data Analytics
6 Tips for Using Data Analytics for Product Page SEO

Author: Linda Rosencrance
Spotfire Blogging Team

Last month, we wrote that as data and analytic tools become more prevalent in society, the consumerization of data has opened up a whirlwind of opportunities for quality of life improvements around the world. In this same spirit, we’re blogging about additional options for people across the globe to use data and tools to learn about and contribute to a variety of quality of life improvements.

“Done well, big data has the potential to advance important social goals in areas such as disease surveillance, student curricula, and microcredit. Understanding big data’s potential for social impact and the barriers to capturing it are the first steps toward its effective use.”

That’s the last paragraph and the crux of this article about harnessing big data to address the world’s problems. 

For instance, Engineering Social Systems’ project in Nairobi has modeled the growth of slums and informal settlements using geo-coded mobile-phone transaction data. The article points out that the city government could use this type of data to better allocate municipal resources as well as the limited funding set aside for infrastructure.

As the examples in the article suggest, the social organizations that integrate big data collected by private industry, government and others into their strategies can make significant differences in the lives of people worldwide.

However, to do that, these organizations have to overcome a few barriers including getting access to the data as well as identifying or developing the right datasets, not to mention finding people with the critical analytical skills needed to analyze the data—people who are in short supply at the moment.

A lot of this important data is held by governments that might not even fully use it themselves or by private companies that don’t want to release it for proprietary reasons. The “open data” movement at organizations like the World Bank is a good start, but more needs to be done to give these organizations access to this information.

Then there’s the problem of data compatibility and quality. It’s not easy to integrate data stored on legacy systems and other disparate systems. Not only that, but the quality of much of the data just isn’t very good. Those issues aside, a number of the interested social organizations don’t even have the hardware and software to “integrate, analyze and visualize big data.” Cloud computing, though, could tackle some of these problems.

And, as we’ve mentioned in the past, there’s a major shortage of analytical talent—a shortage that presents these social organizations with an additional hurdle. According to the McKinsey Global Institute (MGI), this is already an issue in the private sector. MGI predicts that in the US alone there will be an annual shortage of graduates in deep analytical fields of 140,000 to 190,000 by 2018.

And that’s not good news for organizations looking to make the world a better place, according to the article. Despite the efforts of organizations such as Data Without Borders, which matches non-profits in need of data analysis with freelance and pro bono data scientists, dealing with the shortage of data analysts may be even more challenging in the social sector.

In our next post, we’ll continue to discuss how data advancements can improve the quality of our lives. Subscribe to our blog to be alerted.

 

TAGGED:big data
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI Recruitment Software Solution
The Best AI Recruitment Software Solution: Transforming Hiring with Smarter Tech
Artificial Intelligence Exclusive
real estate data
How Big Data Is Changes How We Buy and Sell Real Estate
Big Data Exclusive
AI video surveilance
AI Video Surveillance for Safer Businesses
Artificial Intelligence Exclusive
Managed IT Services
Comparing Affordable Managed IT Services for Denver’s Remote Workforce
Exclusive IT

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Unlocking the Potential of ‘Big Data’ in the Market Research industry

3 Min Read
big data helping architectures
Big DataVirtual Reality

How Big Data And Architecture Are Teaming Up For Success

7 Min Read
big data apps development
Big DataExclusiveMarketing

The Role Of Big Data Marketing In End-To-End App Development

6 Min Read
china zip code business intelligence
Business IntelligenceBusiness RulesExclusive

How China’s Zipcode System Fuels Business Intelligence

7 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?