Abstract: The era of big data has arrived. How is China’s big data industry developing at this stage? Where is big data applied? What is big data worth? With these questions, go into big data and feel the magic of big data. Focus on the author: need big data learning video materials, other articles can be found in the master organization

On September 8, 2017, chairman and CEO of tencent ma huateng insights on the BBS in tsinghua university, a speech about the integration of technology and business, said as the development of the digital economy, science and technology, more and more into all walks of life, in the digital and intelligent big wave, science and technology is our all industry must pay attention to.Copy the code

Ma huateng said there are three fundamental factors Tencent is investing heavily in: AI, cloud computing and big data. He also stressed that while electricity consumption used to be an indicator of the development of an industrial society, cloud cover will also be an important indicator of the development of the digital economy in the future. Big data is not to mention, all places with cloud and AI must involve big data, which is undoubtedly the direction of the future.

Definition of big data

Many people’s understanding of big data may be superficial, thinking that big data is big data with massive data. In fact, having massive amounts of data is only a necessary option for big data. In more technical terms, bigdata refers to the collection of data that cannot be captured, managed and processed by conventional software tools within a certain time range. It is a massive, high-growth and diversified information asset that requires new processing mode to have stronger decision-making power, insight and process optimization ability. Big data does not use random analysis (sampling survey) such a shortcut, and the use of full data for analysis and processing. The 5V features of big data include Volume, Velocity, Variety, Value and Veracity.

“Big data” requires a new processing model to be able to make better decisions, insight and process optimization, and to adapt to the characteristics of large volume, high growth rate and diversity. The strategic significance of big data technology lies not in the mastery of huge amounts of data, but in the professional processing of meaningful data. In other words, if we compare big data to an industry, the key to the profitability of this industry is to improve the “processing capacity” of data and realize the “value-added” of data through “processing”.

Big data Industry chain

The big data industry takes data as the core resource, and finally realizes the value of data by collecting, storing, processing, analyzing, applying and displaying the generated data. The whole big data industry is divided into big data collection and storage, big data analysis and calculation, big data trading and big data application. The application of big data is mainly to accelerate the penetration of big data into traditional industries, drive the transformation of production mode and management mode, and promote the development of manufacturing industry to the direction of networking, digitalization and intelligence. Financial, telecommunications, transportation and other industries have made use of the accumulated rich data resources to actively explore applications such as customer segmentation, risk prevention and control, and credit evaluation, and accelerate service optimization, business innovation and industrial upgrading.

Status quo and forecast of big data industry scale

According to relevant data from Innov100, an intelligent industry data analysis platform, the development of China’s big data industry in 2017 will continue to show a steady upward trend, with the market size expected to reach 265.6 billion yuan, a growth rate of more than 49% compared with last year. With the support of policies and the participation of capital, the scale of big data in China will continue to grow in the next few years, and will exceed 800 billion in 2020. However, the growth rate may gradually decrease, gradually stabilize, and finally reach the benign development state of the market.

If the big data industry is subdivided, the query from Innov100, an intelligent industrial data analysis platform, shows that in 2015, China’s big data infrastructure hardware market was about 62.6 billion yuan, and in 2016, the market scale was close to 100 billion yuan. With the rapid development of big data-related industries and the expansion of application scenarios, China’s big data hardware market will continue to develop, but the growth rate will gradually decline to a stable growth of about 5%. It is estimated that the market size will exceed 130 billion yuan in 2017, and is expected to break through to 200 billion yuan in 2020.

In 2016, the market size related to big data technology layer reached 45.8 billion yuan, increasing by 49.45% compared with 2015. According to the statistics of Innov100, an intelligent industry data analysis platform, the top five most concerned about big data technologies are big data analysis, cloud database, Hadoop, in-memory database and data security. With the gradual deepening of people’s understanding of big data and the continuous deepening of its application, the development of big data technology will be directly related to the application and development prospect of the whole industrial chain of big data. It is expected that by 2020, the market size will exceed 170 billion yuan.

With the gradual maturity of the big data application market and the continuous promotion of the government, the big data application industry is entering a period of rapid development. According to saizhi Industry Research Institute forecast, in 2018 will break the 100 billion mark to 153.7 billion; At the same time, its market share will gradually increase. By 2020, the market share of big data application will reach 55%, gradually taking over half of the big data industry scale, and the market size of big data application will reach 454 billion yuan.

Big data is widely used

Big data analysis is becoming more and more important for the development of enterprises. More than 35.1% of enterprises have started to apply big data internally. 34.2% of enterprises are considering the application of big data, 22.9% plan to use big data in the next year, and only 7.8% do not consider the application of big data for the time being.

According to Innov100, an intelligent industrial data analysis platform, government is expected to be the most widely used big data in China in 2017. In terms of industrial applications, financial big data will account for 21.15%, followed by industrial big data, which is expected to account for 6.04%. Other sectors such as telecommunications, transportation and energy will also continue to strengthen the application of big data.

With the development of big data technology, government departments realize the application prospect of big data and begin to develop government big data on a large scale. Especially after big data has become a national strategy, from national government departments to provincial and municipal government agencies, they are vigorously promoting the opening and sharing of their own government data and promoting the wide application of government big data. Government big data applications also play a dominant role in big data applications, and it is expected that by 2020, government big data applications will account for 35% of all big data applications.

With the gradual development of intelligent society in the future, big data-related technologies will be more and more widely applied in some traditional fields. Of course, there are various situations in the development of big data industry at the present stage. However, big data represents the direction of future development, which is the consensus of today’s society, the development of big data has entered the best era

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