O’Reilly published an ebook titled Business Models for Data Economy, and it is a good reference book for this topic. It says, “Whether you call it Big Data, data science, or simply analytics, modern businesses see data as a gold mine.” Indeed, we live in a fast-evolving world of data economy. Forrester predicted that 2014 would be the year that marketing leaders will put insights to use.

My interest in Big Data started while I was writing my book “Everyday NFC”. I realized that sensors play a crucial role in helping big data move forward, and I wanted to learn more about Big Data. Going to a conference on the topic was a quick way for me to pick up the terminologies, use cases and visions. Networking with early adopters and watching their progress were good learning points. After this initial overwhelming learning experience, I was able to dive deeper into a specific area that applied to my work.

Here is an opportunity for you to learn about Big Data or to share your experience.

The Big Data Innovation Summit will be held in Santa Clara on April 9-10 in 2014, to guide you in taking control of your data. The Summit brings leading thinkers together for presentations, workshops and panels. To network with these people would be a big win in the Summit. There are four tracks: Data Analytics, Hadoop & No SQL, Data Science and the Machine Learning & Algorithms. You can view the schedule here. Follow #datawest14 and @IE_BigData for further updates.

Are you ready to jump on the wagon?

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ABI research pointed out that smartphones will continue to account for the majority of NFC shipments in 2013 as volumes jump by 129%. However, from 2014 onwards, computing products, peripherals and automotive will have greater adoption of NFC, and consequently, smartphones will decline from a peak of 80% of all NFC device shipments in 2013 to less than 60% in 2017.

NFC and other connectivity enablers are greatly expanding an “Internet of Things (IoT)”. It’s obvious that we are becoming increasingly connected through wireless technology, and M2M communication is on its rise. A good example is that Google and Apple are about to expand their battle to a new front: the automobile. This was reported by the WSJ a couple of days ago.

Big data is a buzz word nowadays. NFC, RFID, QR Code, and Bluetooth Low Energy (BLE) are all types of sensors that contribute to the big data scenario. Big data analytics are going to produce valuable information about consumers and merchandise. It’s also going to change the retail store shopping and mobile phone experience.

One of the usages of NFC is mobile payment. Recently, AT&T, Verizon and T-Mobile launched ISIS – NFC mobile payment using a SIM-based secure element that manages payment credentials. It will take a while before the consumer market adopts this technology since NFC is not yet a familiar technology, and mobile payment is not a yet a common practice.

In addition, a different approach to implement mobile wallet emerged. Google Wallet led the way to adopt the Host Card Emulation (HCE) approach in order to implement NFC secure app independently from telecom’s control of SIMs. Tim Horton’s, a North American coffee chain, has also launched an NFC mobile payment service using HCE at 3,500 locations in Canada and 800 in the United States. It will be interesting to watch the battle between various NFC mobile payment implementations and adoptions.

2014 should be an exciting year as NFC products and services continue to grow in availability and usage.

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In the book of “Taming the Big Data Tidal Wave” by Bill Franks, the value of sensor data was demonstrated with the case of industrial engines and equipment. It discussed how the embedded sensors were utilized from aircraft engines to tanks in order to monitor the second-by-second or millisecond-by-millisecond status of the equipment. All data was fed into “Big Data” analytics.

IBM and The Beacon Institute also collaborated on an effort to use a sensor-enabled monitoring network In order to track temperature, salinity and pollution of the Hudson River. Actually IBM Big Data Technology is used to develop several environmental protection projects like this one.

What about proximity sensors and Big Data? Coca Cola is using NFC tags and QR codes in 100 selected retail stores to collect the data about user behavior and handsets. The backend platform collects analytics such as time, location, frequency of interaction, tap vs. scan, phone model, operating system, service provider and browser type. SocialTagg, a startup in LA, offers an event management platform to enrich attendees’ networking experience by using Big Data analytics on QR codes/NFC tags that were assigned to the event participants.

I will be leading a panel on “Building a Link Between NFC/Proximity Technologies & Big Data” in WIMA USA – NFC and Proximity Solution conference on October 29^th in San Francisco. I am looking forward to having a rich discussion with the participants. If you are a “Big Data” expert and would like to join the panel, please contact me at info@everydaynfc.com.

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