The amount of data we produce every day is startling.
“All of us, you, me, our families, we are passively generating data sets every day when we use our smartphones, when we interact with websites, when you go on your Facebook page, when you purchase with your credit card, or when you use your loyalty card at the supermarket that you might frequent,” Marina Walters, the United Nations resident co-ordinator for T&T told the Sunday Business Guardian.
“All of this produces data that is coming out frequently every minute that we speak in very high volumes and it is automatically captured because this is how those systems are set up and that becomes the big data because if you take all customers, all producers together that even in a country the size of T&T puts huge data set that becomes very, very interesting to look at,” Walters said.
The world today is more connected, interdependent and data-rich than at any time in human history, Dr Michael Bamberger said.
And Bamberger should know.
He has been involved in development evaluation for over 40 years.
He has studied the potential applications of big data and data science in the evaluation of development programmes, and has researched the reasons why evaluators have been slower than other development practitioners to adopt big data and data science approaches.
Bamberger said big data is defined as having a huge volume, generated very fast and often in real time, and is too large to be analysed on a single computer.
In March Bamberger and Peter York produced a report titled Measuring results and impact in the age of big data: The nexus of evaluation, analytics, and digital technology which was supported by the Rockerfeller Foundation.
“Exponential growth in the volume of data produced globally means that 90 per cent of all the data in existence today was generated in just the past two years. An explosion of digital services over the past decade has allowed many new actors to become producers, owners, and consumers of data. Between 2005 and 2015, the number of internet users more than tripled—from 1 billion to 3.2 billion—and more households now own mobile phones than have access to electricity or clean water (World Bank, 2016),” the report stated.
But what exactly can be done for this country with all this data that is being created?
Well that is the question that is expected to be answered this week during a two-day forum titled A Smarter Future: Exploring Big Data Opportunities for T&T.
The virtual forum which starts on Tuesday is being organised by the United Nations team in T&T and is expected to bring together experts in government, business and academia “to harness the power of Big Data for economic growth and sustainable development.”
“This big set of data can basically help us make better decisions as politicians, at the United Nations, businesses because the availability and the analysis, and that’s the key of the big data, helps on a global level but also on a national level to understand what citizens do and need,” Walters said.
Walters said she believes that the big data and the analytics of it can help the country’s development and progress of government and also politicians to make better decisions.
One example of this is the addressing of the perennial problem of traffic in this country.
“Imagine you take big data analytics for a better understanding of commuting needs that is so much easier than sending an evaluation team to households,” Walters said.
Walters said data can be collated from smartphones.
“First of all you can use it to make everyday changes but if we collect it over months, years as a country and government you can use big data to shape your transportation policy,” she said.
Bamberger said the use of big data would help reduce the time and cost of data collection.
“Many evaluators have to spend so much time and effort on the collection and analysis of data that they have very little time or lack resources to focus on the critical elements of the evaluation process.
“Using data science to free up time will allow evaluators to focus on the areas of data quality, enabling them to spend more time focusing on the communities being studied, triangulation, ground truthing, and mixed methods,” the report stated.
Bamberger said the COVID-19 pandemic has caused people to rethink how to do collect and evaluate information.
“With the pandemic collecting information is much more difficult so people are really thinking what information do you actually need as well as obviously the challenges of how do you get this information. So COVID is making everybody focus on how you really think through what are the objectives of programmes, what are the challenges we are facing and so this is going to be people will be rethinking how you do research, evaluation and planning,” Bamberger said.
One of the major ways that data is collected is through the use of smartphones.
Liam Donnelly, the general manager of Digicel Business T&T, said users should ensure they are cognisant of how their data can be used.
“I think there is genuine concern and there are malicious and deliberate groups of people who try to collect personal information to use if for miscellaneous services but what I think people need to be aware about when it comes to big data is that any company who is using it the right way will clearly outline how their information is taken, what they will be using that information for and you also have the options to ‘opt in’ and ‘opt out’ of providing that information, Donnelly stated.
“And I think as consumers and users that is what we should be looking for so you should never enter your information in to something unless you are confident you have looked at it or checked what that company or business is using that information for,” he stated.
Donnelly said regulation is critical within our market for big data.
“Government needs to have a strong stance on this about what companies can and cannot do, there have to be fines in place when it is found out that it is done for the wrong purpose,” Donnelly stated.
Bamberg said he believes that this country can become a big data leader for the Caribbean.
The UN stated that by bringing together key stakeholders, the two-day forum this week will explore the transformational potential of Big Data and look at ways to build and promote trust, collaboration and innovation across multiple sectors.
“The forum will illustrate the potential for Big Data to add value and reduce risk across business, social and economic spheres,” it stated.
Attorney general Faris Al-Rawi is expected to deliver the keynote address.