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CPS1847 Shariful I.
for policy making and international development is just beginning to be
explored.
4.5 A vision for Big Data and the 2030 Agenda
The very nature of Big Data requires new forms of inter-institutional
relationships in order to leverage data resources, human talent, and decision-
making capacity. The necessary capabilities enable the integration of big data
into on-going policy decisions, thereby enabling its value to be continuity
rather than one-time policy decisions, thereby enabling its value to be
continually released and refined. Spaces will be needed in which technical,
cultural, and institutional capabilities can commensurately develop. Given the
variety and pervasiveness of the necessary capabilities to utilize big data to
address big problems, collaborative spaces are needed to enhance the
capacity of individuals, organizations, businesses and institutions to elucidate
challenges and solutions in an interactive manner, strengthening a global
culture of learning. Some elements of this neo ecosystem are already
emerging. The UN Statistical commission established a Global Working Group
(GWG) mandated to provide strategic vision, direction and coordination of a
global program on Big Data for official statistics. The group found that
nontraditional sources of data need to be leveraged and considered for
adequacy to enrich the sources of official so that the data needs in new
development areas can be satisfied and timely, detailed and spatially
disaggregated data can be produced and made available to decision makers.
This implies that the innovative and transformative power of information
technology may be harnessed’ from the collection stage to dissemination
stage. The UN’s Secretary General’s independent Expert Advisory Group on a
Data Revolution for Sustainable Development (IEAG) is calling for action to
mobilize the data revolution for sustainable. The recommendations out of this
group relevant for better policy making have been taken as a basis for possible
action steps that are given below.
4.6 Big Data and Cloud Computing
Big Data is an umbrella term which encompasses all sorts of data which
exists today. From hospital records and digital data to the overwhelming
amount of government paperwork which is archived – there is more to it than
we officially know. It was the emergence of cloud computing which made it
easier to provide the best of technology in the most cost effective packages.
Cloud computing not only reduced costs, but also made a wide array of
applications available to the smaller companies.
4.7 Big Data and e-commerce
In the digital age, the number Smartphone users are on a rise. With such
a hike, the market base for e-commerce portals is also increasing. The number
of digital buyers is expected to rise from 58.3% in 2016 to around 65% in 2021.
With an increase in digital consumers, organizations look to leverage
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