Helping connected industries to embrace Big Data analytics

Ajay Sule, VP and ICT Director, Frost & Sullivan, explains: "The phrase 'Big Data Analytics' is often used together with, 'Internet of Things (IoT)' to encapsulate opportunities to commercialise new sources of business intelligence. Sectors such as financial services, retail and ICT are taking the lead in the use of tools, cloud and mobile technologies to improve productivity and customer satisfaction."

Nevertheless much more can be done. Companies in many sectors are working to understand the potential impact on their internal processes and competitive environments. The natural impulse of ICT is to emphasise technology, but it is equally important to help businesses identify the benefits in their respective markets. Frost & Sullivan’s Connected Industries Research Programme combines these two perspectives, ICT and industries’ specific challenges, to identify new business models enabled by Big Data Analytics.

“The future of big data analytics and its application in IoT, or connected industries in our language, is only limited by our collective imagination,” adds Sule. “As Pablo Picasso once said, 'Computers are useless. They can only give you answers.' The ability to craft the right questions will determine the benefits from big data analytics."

The congress will kick off at 9am with a welcome address by the Head of UK Operations, Partner Gary Jeffery followed by an inspiring keynote by EIA Partner & Director Dorman Followwill.

Highlights will include: The New Mega Trends - Macro to Micro Opportunities for Future Business, Cultures, and Personal Lives by Partner Sarwant Singh; Global Smart City Market – A $1.5 Trillion Market Opportunity by 2020, Industry Convergence Trends and Workshop, Exploring the Vortex of Innovation Driving New Concepts, Products and Services, and the 2014 Frost & Sullivan Growth Excellence Awards Banquet.

Frost & Sullivan will also present its multi Award-winning consultative sales and management development programme, Helix, that enabled a major European company to deliver an 18.5% increase in gross margin through a re-energised sales force focused on selling value.

This annual one-day congress is part of Frost & Sullivan's exclusive GIL community that represents a worldwide network of over 5,000 senior executives.