Europeans unsure of big data benefits

first_img A Vodafone-backed study found less than a third of Europeans surveyed are sold on the benefits of big data, as respondents displayed scepticism in trusting operators with their personal information.The research, carried out for the Vodafone Institute for Society and Communications think-tank by market research group TNS Infratest, polled more than 8,000 Europeans across eight countries on the opportunities and risks involved with data analytics.More than half (51 per cent) of respondents said there were more disadvantages to big data than positives, with an additional 17 per cent undecided. Just 32 per cent said there were benefits.On another telling metric, only 26 per cent believed that companies overall respect the privacy of their personal data.OperatorsWorryingly for Vodafone, and its rivals in the industry, just 18 per cent of respondents trust telecoms operators, lagging significantly behind healthcare institutions (43 per cent), employers (36 per cent) and bank and credit card companies (33 per cent).The highest level of trust for operators is in Czech Republic, at 26 per cent, compared with 15 per cent in Germany.One saving grace for telcos is they still rank higher than search engine companies like Google, where trust is at 16 per cent, chat and instant messaging apps (14 per cent), and social media companies like Facebook (11 per cent).Commentating on the study, Viktor Mayer Schonberger, professor of internet, governance and regulation at the Oxford Internet Institute, said the region’s attitudes towards big data is “nothing short of an indictment of current European data protection practises”.“The public’s lack of trust is dramatic,” he said.With the survey showing only 20 per cent of respondents knowing how their personal data is collected and stored, he noted that a lack of trust could stem from complex privacy terms implemented by popular web platforms, as well as a lack of control over how the data is used.The survey indeed did indicate that more people are willing to share data for analysis if there are clear benefits to them and society as a whole.In regards to improving confidence with organisations, 68 per cent said that simple and clear language should be used in terms and conditions, while 64 per cent said there should be transparency over how data is collected, used and stored.“The study highlights that Europeans are fundamentally willing to share their data, as long as they see a clear personal or social benefit,” added David Deissner, director, strategy and programs of the Vodafone Institute. “However, if organisations fail to communicate clearly how and why they want to analyse data, people will be less likely to participate in big data initiatives.” Previous ArticleBT names new tech chief, ahead of EE integrationNext ArticleAppcelerator acquired by Axway Kavit Majithia Vodafone, Safaricom beat MTN to Ethiopia licence Tags Operators back Qualcomm role in open RAN path Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Author Las operadoras respaldan el papel de Qualcomm en la RAN abierta AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 19 JAN 2016 Related Home Europeans unsure of big data benefits Big DataVodafonelast_img read more

Hazardous green ooze found seeping onto Michigan highway, causing road closures

first_imgolrat/iStock(DETROIT) — Michigan officials closed portions of a highway over the weekend after a hazardous greenish-yellow liquid was found oozing onto the roadway from a barrier.Michigan State Police troopers were asked to block off the right lane of Interstate 696 in Madison Heights, about 13 mile north of Detroit, on Friday afternoon so the local fire department could clean up the spill.Officials later discovered that a commercial business nearby had been leaking the chemical hexavelent chromium, which ran from the basement of the building into the ground and exited through the drain that empties onto the highway, police said.Once the substance came up through the drain, it froze into a yellow blob, police said, citing the U.S. Environmental Protection Agency.The metal is known to cause cancer and targets the respiratory system, kidneys, liver, skin and eyes, according to the U.S. Department of Labor’s Occupational Safety and Health Administration. It is typically added to steel to increase hardenability and corrosion resistance, according to the administration.Workers disposed of the frozen waste by scooping it up in an excavator and placing it in a safe container, police said. The cleanup was expected to take all weekend.“Please use caution as there will be workers in the area. And a yellow blob,” police wrote on Twitter.The metal gained notoriety after the release of the Oscar-winning 2000 drama “Erin Brockovich,” in which Julia Roberts played a the real-life woman who discovered a cover-up involving contaminated water in California.Health officials placed a priority on protecting and preserving the quality of the water in the Great Lakes region, Macomb County Public Works Commissioner Candice Miller said in a statement. Copyright © 2019, ABC Radio. All rights reserved.last_img read more

BOURBON Finds Solutions for Asian Offshore Market

first_imgAs part of the its Subsea Services Activity in Asia, BOURBON is currently operating locally 3 MPSVs devoted to Inspection, Maintenance and Repair (IMR) operations: the Southern Ocean in Eastern Russia, the Bourbon Supporter in Thailand, and the Bourbon Evolution 803 in Malaysia.These latest-generation vessels are now operating on underwater robots (Remotely Operated Vehicles) support, diving support, cable laying support, products injection and well stimulation support and also provide floatel support services in the region.“3 of Bourbon Subsea Services’ fleet of 19 vessels are currently operating in Asia to provide a wide variety of offshore oil & gas subsea services to suit the diversity of the regional requests. This strengthens the position of Bourbon Subsea Services as a solution finder for the most demanding clients,” explains Patrick Belenfant, Senior Vice President Business Management – Subsea Services.Focus on the Bourbon Evolution 803 operations for Daya OCI in MalaysiaThis vessel has been working for Daya OCI since March. “The Bourbon Evolution 803 is a genuine and flexible ‘toolbox’”, states Jean-Charles Audouin, Project Manager – Subsea Services. “She has been customized to suit the client’s needs with a saturation diving kit, a ROV, etc.”.The main operations involve connecting underwater pipes on existing oil fields supported by the vessel’s 2 AHC cranes, ROVs and a team of 12 divers. The vessel should soon be installing 30 kilometers of high tension cables to supply future platforms.James Klopper, Chief Operating Officer – Daya OCI, comments: “Our partnership with BOURBON began 3 months before the vessel came out of the shipyard in China and continued right through the mobilization, client acceptance and commencing work offshore. It is a pleasure to work with the team on board who have always understood our objectives and done whatever they can to assist us. We look forward to successfully completing this campaign together and getting ready for the next one.”A regional presenceThrough its Singapore-based affiliate Bourbon Offshore Asia, BOURBON is already operating a substantial fleet of vessels in Asia. Complementary project management personnel with Inspection Maintenance and Repair vessel support experience had been allocated to the area to provide localized expertise and services to the most demanding oil and gas clients.Press Release, July 30, 2013last_img read more

Perfect Neighbour lands GG Stakes

first_imgPERFECT NEIGHBOUR again proved himself one of the most consistent two-turn horses in training, swooping down on SUPERLUMINAL at the top of the straight and powering home in yesterday’s 10-furlong Governor General’s Stakes. Sent off as the even-money favourite with Omar Walker, the 2013 Jamaica Derby winner sat off the pace in the five-horse field while stablemate DYSFUNCTIONAL dragged HOUDINI’S MAGIC and SUPERLUMINAL off their bridles from the start. Racing alongside another stablemate, HOVER CRAFT, down the backstretch, PERFECT NEIGHBOUR made his move five furlongs out to race a clear fourth and went by HOUDINI’S MAGIC, approaching the three-furlong marker, to pounce on SUPERLUMINAL and DYSFUNCTIONAL coming off the home turn. Worn out from having to chase DYSFUNCTIONAL, SUPERLUMINAL surrendered without a fight as PERFECT NEIGHBOUR quickly hit the front and pulled away to win by a length and a half, posting 2:07.3 for the distance. Superfit DYSFUNCTIONAL rallied down along the rail inside the last half-furlong to overhaul SUPERLUMINAL, who was done in by champion trainer Wayne DaCosta’s tag team and weakened into third place. DaCosta and Walker teamed up to sweep the afternoon’s feature races after earlier landing the six-furlong Knutsford Park Cup with the filly MISS FORMALITY, who recovered from interference three furlongs out to win the non-winners-of-two event by three-quarter length from fast-finishing 16-1 outsider APOLLO BAY. DaCosta’s perennial pursuer in the trainers’ standings, Anthony Nunes, combined with Panamanian jockey Dick Cardenas for a two-timer, ICE COLD and MIRABILIS, in the second and 10th races, respectively. Racing continues at Caymanas Park on Wednesday.last_img read more

Thomas confirms Treece asked him to resign

first_imgIan Thomas has confirmed Mayor Brian Treece has asked him to resign from the Columbia City Council. The Missourian first reported the story.Thomas is facing a misdemeanor charge after offering his vote on a development if the developer put money toward affordable housing in town. Thomas has apologized, and reported himself to the Missouri Ethics Commission, but he is pleading not guilty to the criminal charge.Thomas tells 93.9 The Eagle he’s considering the request to resign, but he needs to talk with constituents first.last_img

IPL should have stringent rules

first_imgQuality control is mandatory for product development. It could be a marketing jargon but is applicable to the Indian Premier League.A product that is positioned against prime time television soaps and reality shows is facing a crisis. The predicament is real sport versus scripted soaps that have quality control to sustain viewership.Cricket as a sport in India is unchallenged but when pitted against other television shows, it enters the realms of lounge room entertainment.The league has to position itself as a global sport. To be global in attitude, one needs to have global rules. Stringent set of rules across franchises is the teeoff point. In the context of the IPL, fines for disciplinary breaches don’t help. Match bans will hurt teams more. In a supply-demand situation, it could hurt teams beyond repair.The recent spat that Harbhajan Singh and Munaf Patel had with the on-field umpires and the subsequent fines have set a precedent. Fines will only hurt financially, much like dining with a millionaire and wondering who will pay. The IPL has seen a basket of bowlers with suspect bowling actions. Marlon Samuels is the only one whose action was reported after one particularly ‘fast’ over against Chennai Super Kings. The match referees seem dormant and shy in taking decisions on ‘calling’ them. If it is by default, it is myopic. If the overlook is by design, then it makes the role of the match referee redundant and cosmetic in nature.Owners are shareholders in the success or failure of the IPL. They should have the power to control issues that concern their assets. But contesting umpiring decisions like team owner Priety Zinta did during Kings XI Punjab’s match against Kolkata Knight Riders by going on to the field didn’t show IPL the way it was meant to be.advertisementThe IPL is a world-class product. Quality control will decide its longevity and shelf life. BCCI needs to be mindful of a product that may suddenly have a ‘best before’ date if they don’t spend time on the R&D of the product.(The writer was head of cricket with the Mumbai Indians)last_img read more

Senate examines Anishinabek Education Act

first_imgAnnette Francis APTN NewsA historic piece of federal legislation known as Bill C-61, the Anishinabek Education Act is making its way through the Senate before becoming law.On Tuesday, a Senate committee heard from First Nations leaders about the [email protected]last_img

Mortgage Application Volume on the Decline

first_imgMortgage Application Volume on the Decline in Daily Dose, Data, Featured, News, Origination Interest rates Mortgage Applications Mortgage Banker Association 2016-02-03 Staff Writer Sharecenter_img February 3, 2016 452 Views Although mortgage interest rates continue remain at historical lows, potential buyers are steering clear of the housing market.Freddie Mac reported last week that mortgage interest rates fell for the fourth consecutive week to 3.79 percent compared to the week before when the rate was 3.81 percent.For the week ending January 29, 2016, mortgage applications decreased 2.6 percent from one week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.Matthew Pointon, Property Economist at Capital Economics noted that the low interest rates “might seem counterintuitive given that the Fed hiked interest rates in December. But the flight to safety triggered by the turmoil in the oil and equity markets has pushed down Treasury yields and therefore mortgage rates.””And although we think rates will increase this year, a strong labour market and easing in lending standards will ensure applications for home purchase see further gains,” he said.Source: Capital Economics According to the MBA, mortgage application volume increased 11 percent from last week on an unadjusted basis. The Refinance Index rose 0.3 percent to its highest level since October 2015. The seasonally adjusted Purchase Index decreased 7 percent, while the unadjusted Purchase Index increased 11 percent and was 17 percent higher than the same week one year ago.The MBA reported that the refinance share of mortgage activity increased to 59.2 percent of total applications from 59.0 percent the previous week. Meanwhile, adjustable-rate mortgages (ARM) decreased to 5.9 percent of total applications.The FHA share of total applications increased to 12.9 percent from 12.7 percent the week prior. The VA and USDA share of total applications both remained unchanged at 11.1 percent and 0.7 percent, respectively.”Admittedly, a lack of homes for sale will act as a constraint on mortgage demand for some time yet,” Pointon noted. “Even so, with earnings growth finally set to rise this year, we expect households will be able to cope with a gradual rise in interest rates. Mortgage applications for home purchase will therefore make further gains during 2016.”last_img read more