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Jakarta Post

Data and analytics for sustainable development

  • Claus Andresen
    Claus Andresen

    President and managing director for SAP Southeast Asia

Jakarta   /   Thu, January 18, 2018   /  01:28 pm
Data and analytics for sustainable development The ASEAN ICT Masterplan (AIM) 2020 acknowledges the need to strengthen the digital workforce as it outlines recommendations to propel the region towards secure, sustainable, and digitally-enabled economy. (Shutterstock/File)

Data has become the new life force that drives the world today. Businesses have always leveraged their company or customer information to make better, smarter, real time, fact-based decisions — from developing a new product, moving into a new market or simply redefining an old process. New technologies, an increasing number of connected devices, combined with better data collection tools and processes are leading to an exponential increase in the volume and types of data available. Researchers around the world are in broad agreement that the size of the digital universe will double every two years at least, resulting in a 50-fold growth in this decade. Machine data is growing even more rapidly, at 50 times the growth rate. This data revolution is creating unprecedented possibilities, not only for businesses, but also for governments and the public sector to inform and transfo...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.