Resilience: a Necessary Step towards Sustainability
Modern societies strive to progress towards a sustainable development. However, their accomplishments can be threatened by human-induced or natural events (cyber attack, climate change, resource depletion, economic crisis hurricane, flooding, etc.). Such events may have negative social, economic, or environmental impacts, and annihilate years of efforts towards sustainability. Resilience can be defined as the capability to cope with such events. To become sustainable, societies have to increase their resilience.
Data for more Resilience
Thanks to the steady development of ubiquitous Information and Communications Technologies (internet of things, sensors, etc.), modern societies have access to growing sets of data collected from various sectors, including the energy, health and financial ones. Using this data can be a cost-effective way to improve societies’ resilience.
This might be done thanks to Big Data. The term was coined to describe techniques aimed at analyzing large data sets (with almost no limit on their volume, type, rate of creation) in order to reveal unknown trends, behaviors, faults, solutions, etc., and then create new services.
Thanks to Big Data, societies might:
- be prepared to face or avoid harmful events (improving energy efficiency to limit climate change, forecasting impacts of hurricanes, spot social behaviors, etc.),
- manage them (making real time analysis to provide assistance, etc.),
- recover from them (quick assessment of faults on critical infrastructures and on the way restart services, restarting business after natural disaster, etc.).
The Business Opportunities of Big Data
Big Data is already used with success in several sectors (finance, health, climatology, etc.), but it is still in its early days. Its growth requires spurring the development and deployment of innovative products. It represents a tremendous potential of business opportunities, in particular in sectors like energy, cities, transportation, etc.
CaFFEET’13 will gather stakeholders who look for solutions to increase society’s resilience with those that offer Big Data-based products. Contributors will present case studies and discuss the business opportunities related to Big Data.