sdnc13 -day1- from big data to big business by maria josé jorda garcia

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From Big Data to big business! Nowadays, only 5% of the data generated in the cities is utilized for something it wasn’t created for. Using an underground trip card “only means” you are allowed to travel, we discard information that could let us optimize routes, lines, waiting times, etc. In 2025 billions of sensors will invade our cities trying to make our life easier, sensors in traffic lights, parks or streets. Can you imagine? At BBVA the future is now so we found an alternative approach to Big Data, based on people rather than sensors. This is the story of how we were able to transform a large number of financial transactions into actionable innovative services.

TRANSCRIPT

From Big Data to Big Business

SDNC13 - Cardiff, UK

19th of November 2013 Maria José Jordá García BBVA Innovation Director

@mariajosejorda

The World

Emerging and Growing Leading Economies

México Brazil

Turkey

Russia

Egypt India

Indonesia

China

Para ver esta película, debedisponer de QuickTime™ y de

un descompresor .

5  

The Data

Particle Physics Large Hadron Collider

15 PB

Human Genomics 7000 PB (1GB/person)

Annual Email Traffic No Spam 300PB+

Internet Archive 1PB

Big Data 90% of stored data has been created only in the past 2 years

The Meta - World

26Million Transactions a day

40%

15%

Average Transactions - Gay Pride week

Expenses increase compared to a normal week

Dark green = increment of more than 900% !

Pulse of the city during the Gay Pride week

Data into business opportunities

How much do merchants know?

New business we can create or design

Designing the future together

Innovation Center

Innovation Center

Open Innovation Model

Spin Off

Knowledge - Ideas - Technologies

Co-Branding

External platform

Venturing

Co-Development

Design thinkers

Open Platform

Digital Assets

Apps

Developers

Users

API’s (Actives’ Exposition)

Innova Challenge

www.centrodeinnovacionbbva.com

mariajose.jorda@bbva.com

@mariajosejorda

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