Panel on "Is Analytics the Killer App for Big Data"

TiE Silicon Valley hosted a panel on "Is Analytics the 'Killer App' for Big Data" on Wednesday, April 2, 2014.

The panel was moderated by IBM's Piyush Malik. Piyush started the meeting by setting the stage and providing context. Enterprises have been using analytical technique and statistical modeling for quite some time. A typical path has been  Reporting -> Discovery -> Analysis -> Alerting -> Forecasting -> Simulation ->Modeling -> Optimization -> Stochastic Optimization -> Cognitive Analytics.

The democratization of Data (due to the "Big Data" phenomenon) has allowed the application of analytics to take this leap forward. In the 1990s the data was on premise and technologies like Terradata were used to provide Descriptive Analytics. The cost for this was a prohibitive $1m / TB. In the 2000s, companies like Neteeza (acquired by IBM in 2010), Greenplum, asterData (acquired by Terradata in 2011) and Informatica used massively parallel architectures to bring this cost down to $100k / TB. Today, using Hadoop and Cassandra stacks with NoSQL and Cloud platforms, companies like MapR and Datastax and able to deliver Predictive Analytics moving towards Cognitive Analytics for a mere $1000 / TB.

While answering the question, "Why BigData?", Piyush said, "1 in 2 business leaders do not have access to the data that they need".

I was reminded of a talk (in the late 90s) by Bill Perry that I had attended (while I was at Sun Microsystems). He was recounting his experience when he was Secretary of Defense. He said that often times, he was asked to make decisions when he did not have all the required data. Yet, the impact of his decision could mean life or death for the soldier. "You have to trust your gut," he said. "Don't always lean towards what will make you 'popular'".

Arif Janmohamed, Partner at Lightspeed Ventures spoke next. He spoke to LSVP's investments in MapR and Datastax affirming their commitment to BigData and the opportunity that the VC community saw in BigData.

Chris Jones, Director of Analytics at AAA was the next speaker. He spoke of his experiences as a consumer and producer of Big Data through his career that spanned Intuit, Adobe, Zynga and AAA.

Sai Devulapalli, Director of Analytics at Ericsson spoke about how they use BigData at Ericsson to make predictions about:

• Customers - Behavior, Experience, Churn
• Devices - Uptake, Performance, Failure
• Networks - Performance, Failure
• Campaigns - Uptake, Network Impact
• Services - Uptake, Performance, Failure, Network Impact

Janet George, Managing Director of Accenture Technology Labs spoke next. Previously, Janet worked at eBay and on Hadoop while at Yahoo. She spoke about life events for Small and Medium Businesses and the importance of data in the stages of Expansion, Consolidation and Change in Ownership.

The panel provided an overarching viewpoint on the impact of BigData in enterprises today. However, I felt that some of the bigger questions were left unanswered. No one was willing to talk about solving "Grand Challenge" problems. How about using Big Data to:

• Find a cure for Cancer
• Predict the next Earthquake
• Drug Discovery

If, at the end of the day, Enterprises are able to use "Big Data" to predict which brand of toothpaste I am likely to purchase next, we should be pooling our collective resources elsewhere.

Panel discussion on Design-Led Innovation

Sitting from L to R: Sashank, 

Sandeep, Greg, Rachel and Steve

TiE Silicon Valley organized a panel discussion on "Design-Led Innovation: Key to building successful Products" on Tuesday, July 23rd. The topic was clearly of interest - as there were 100+ people in attendance.

The panel was moderated by Sashank Deshpande, Co-Founder of Clarice Technologies. Being a graduate of the premier National Institute for Design, Sashank was most certainly qualified to lead this august panel. Sashank offered some brief opening remarks that laid the foundation for the discussion:

• Designs that bring meaning to our lives
• The importance of talking to users
• How do you measure the impact of UX (User Experience)

Sashank went on provide a historical perspective of Usability and Human Computer Interface (HCI) - right from the first compute systems in the 1950s. The initial focus was on B2B systems and the evolution of the Design aspects moved from Usability -> HCI -> Interaction Design -> User Centered Design. As the world started shifting attention to B2C transactions, the center of gravity for Design moved from Visual Design (What is your first impression) to UX or User Experience (is the product triggering the right emotions).

Sashank offered a theory on how product design affects us intrinsically. He used the following diagram to explain his point.

Greg Petroff, GM for User Experience at GE spoke next. He encouraged everyone to make products that are meaningful for everyday people. "Always look at the bigger picture," he said.

Rachel Powers, Senior Director of UX at Oracle spoke about the importance of having engineers go out and talk to people that they are building products for. It could completely change the perspective of what they create.

Steve Portigal of Portigal Consulting, who has written a book on  "Uncovering Compelling Insights by Interviewing Users", talked about the importance of talking to users. This leads to mindset changes and allows you to discover and act on new insights about your customers and yourself.

Sandeep Datar, Senior Director of Design, Yahoo provided a Metrics perspective to Design. 

Sandeep mentioned the ASERT framework to measure the impact of design:

• Acquire / Onboard users (sign them in with a single click)
• Surprise / Wow / Amuse / Intrigue (you get one opportunity)
• Engage and Retain
• Revenue (convert the user from free to paid)
• Task simplification - through out the product

The panel was very informative and offered some deep insights from folks who have spent 20+ years in the business. There was 100+ person years of User Design experience amongst the speakers. I felt that having a startup CEO on the panel would have helped invigorate the perspective.  I am sure Tony Fadell or Jonathan Ive would have had a completely different view point. I believe that products should be centered on design. While the panelists were talking about how UX has "turned the corner" and is now an integral part of every product team, Aaron Patzer may have said product teams should build the designs created by the UX team!

At one point, Greg Petroff said, "Jeffrey Immelt does not know me by name. He knows of me as the UX guy". I think that is a problem. Steve Jobs (and I am sure Tim Cook now), on the other hand, would talk to his UX guy every day. Companies like Apple, Nest, Mint and several others have proven that design-centered development can win. 

I am not a designer, but I think designers should be forced to better communicate their thoughts to other team members. They should think more about the problem, rather than opting for the first thing that pops to their mind. This is harder to "enforce" in a Facebook "Like" button world, but it leads to better communication and therefore better products.

TiEcon 2013

This year, TiEcon 2013 will be held at the Santa Clara Convention Center on May 17th and 18th. As in the past, there is an army of volunteers working round-the-clock to deliver a successful conference.

Last year, I was the Co-Chair for the MentorConnect event - where Mentors (who are VCs / successful entrepreneurs / high profile Corporate Execs) were paired with Mentees (conference attendees). We had a semi-automated way of pairing the Mentees. The feedback that we heard was unanimous. Mentees wanted a more "intimate" setting and, most importantly, to have more control on who their Mentor is.

My role in this year's TiEcon (at MentorConnect) is to steer on the systems side. The co-chairs are two highly accomplished, excellent Charter Members - Sanjaya Kumar and Ravi Amble. Early in the process, the TiE Silicon Valley Systems Lead, Deepak Bhagat, and I evaluated MentorCloud as a possible solution provider.  In order for MentorCloud to work, there was a list of changes that needed to be done to the platform. Understandably, the CEO of MentorCloud, Ravi Gundlapalli, was not keen on doing "one-off" tasks for TiE. Nevertheless, he was quick to see the potential benefits (to MentorCloud) of working with TiE. Ravi and his team worked tirelessly with us to roll it out successfully. The proof, of course, is only in the pudding and I don't want to "declare success" before the event. I will certainly blogging about the "on-the-ground" experience after the conference. Nevertheless, the user experience is undoubtedly improved from last year.

Given the availability of this platform, the TiE Silicon Valley team, led by Venk Shukla, mobilized some very high profile mentors to participate. I am really happy to inform that we have 100+ eminent Mentors registered and available to Mentor TiEcon 2013 attendees during lunch on the days of the Conference. The list of Mentors include Vinod Khosla and Kanwal Rekhi. This is a unique opportunity to meet these folks and learn from them. They have all been successful in building public companies or having substantial exits.

TiEcon offers so much more than the MentorConnect opportunity to the attendee. Here are a few more reasons to attend TiEcon.

1. Inspiring keynotes from Jeff Weiner, CEO LinkedIn, Manoj Bhargava, CEO 5-Hour Energy and more! See the full list here.
2. Discuss the latest trends and meet the hottest companies, entrepreneurs and VCs in these high growth tracks - BigData, Mobility and SW Defined Infrastructure
3. Meet some innovative companies in the Expo Hall.
4. Listen to 18 lightning round startup pitches and meet the TiE50 winners

With prices starting at $275 (using discount codes) TiEcon certainly offers best value for your money. I believe the prices go up on May 1st. So, register today to what promises to be an exciting conference. When you register, be sure to check the "Interested in MentorConnect" box. In case you are already registered, and did not check that box, you can back and do so. This will allow you to participate in MentorConnect and get mentored by some awesome Mentors.

An evening with Kapil Sibal

[Disclaimer: The views expressed in this posting are entirely my own and are not, in any way, representative of TiE or the Govt. of India]

On Wednesday, January 30th, TiE Silicon Valley hosted a reception and talk by Kapil Sibal, Cabinet Minister of Communications and Information Technology with the Government of India. He had come to the Bay Area with a delegation that included the Secretary of Technology, J. Satyanarayana and the Joint Secretary of Technology, Ajay Kumar. Their mission was to communicate their vision of  embarking on a very ambitious agenda to develop the Electronic Systems Design and Manufacturing (ESDM) industry in India. There are a number of incentives being made available by the Government of India to the right entrepreneurs and companies. They expect that India’s ESDM demands will be in the order of $400 billion by the year 2020.

Kapil Sibal was everything that I had heard of and read about - erudite, articulate and humorous. He started by talking about the current state of the GDP in India where the service industry accounts for 57% of the GDP; Agriculture is 14% and the balance is Manufacturing. "If India is going to survive as a Global Economy, the shift from Service to Manufacturing needs to happen. We need to move from Software to Hardware," he said. Getting there needs a change in mindset. People in India tend to live in the "glory days" of the past - how India's GDP was the highest in the world during the days of Emperor Asoka. They rue that all the wealth was looted by East India Company. "The past," he said, "is an impediment to the future." By 2020, they would like 65% of all electronics products to be manufactured in India

Next Ajay Kumar gave a presentation on the policy initiatives for promoting this vision. This presentation can be viewed here. The subsidies and incentives are very impressive and the plan seems to be very well thought out to allow them to reach the objective.

Kapil Sibal now took the stage to answer questions. The audience (of ~ 150 professionals in the Bay Area) did not hold back. I have attempted to paraphrase (to the best of my recollection) some of the questions asked and answers provided by Kapil Sibal.

Q1: We attempted to set up a manufacturing facility in India and shipped expensive equipment to Chennai. These machines were sitting in Customs for many months before we decided to scale down our operations in India and move the manufacturing to Singapore.

A1: I am not aware of any issues with importing machinery to India. People are doing this every day without any problem.

Q2: I tried for many years to set up my IT operations in India. It is just too frustrating because of all the red tape we had to face. While the presentation I heard today is very encouraging, my experience is telling me is that it is far from reality.

A2: I don't know the details of your specific problem. People are successfully setting up IT operations in India by the thousands.

Q3: What will it take to get subject matter experts to take on the important decision making roles in the Indian Government?

A3: Why don't you relocate to India and stand for the elections. We can talk after you win the elections.

Q4: Can you talk about the status of the UID project. I have read reports that this has resulted in Identity Theft and abuse of power.

A4: UID is very successful. It is merely a number. It is not possible to abuse it for anything. Don't believe everything that you read.

Q5: We are a Venture Capital firm with an India fund. We had funded companies in India due to some favorable laws. However, the laws changed and were applied retroactively. This resulted in unfavorable conditions for us. We are now skeptical about investing in India.

A5: There was just one law that we changed to be retroactively effective. This has happened numerous times in the U.K.  - where changes were applied retroactively. If you don't chose to invest in India, there are plenty of others who will.

At the end of the session, it seemed to me that Kapil Sibal was not used audiences who spoke to him at his level. It is not as if the questions were "hostile". They were genuine issues and concerns that people faced. I would have preferred if his responses were more along the lines of, "Your issue of grave concern to us. We have a grievance council set up. I encourage you to follow up with them - so that not just your specific issue is addressed, but we have a process and a knowledge base for handling similar issues."

I was reminded of an episode from BBC's "Yes PrimeMinister" (which I had seen many years ago) when Sir Humphrey Appleby rationalizes a significant pay raise to civil servants (in the wake of severe budget cuts in the Government) by simply moving civil servants from one pay category to another and showing that even after the pay increase, because of the reduction in staff (euphemism for lateral movement of staff) the actual salary budget for civil servants got reduced :)

Panel on Cloud Security

I had blogged earlier about the TiE Panel on Software Defined Networks. I did not realize that I had not posted a blog after that! I have been really busy :( More on that in a future blog post.

TiE Silicon Valley organized a panel on Cloud Security on Thursday, Feb 2nd. 2012. This panel was also very well attended - indicating the popularity of the topic and the opportunities presented to entrepreneurs and large companies thereof.

The basic premise of the problem / challenge / opportunity is that there are well documented data breaches that have taken place. In fact, the OnLine Trust Alliance (OTA) has dubbed 2011 as the "Year of the breach". The 550+ breaches in 2011 cost U.S Businesses alone $6.5b+. The FBI has said that cyber attacks are the top terror threat to the country.

Tim Mather, of KPMG and author of a book on Cloud Security and Privacy led with a provocative commentary on the state of the industry. The slides he used can be seen here. There are typically five kinds of security breaches that take place:

1. Cryptographic key management
2. Data Loss Prevention
3. Data sanitization
4. Federated Identity management
5. Security Incident management

In terms of products that are available that address some of the Cloud Security issues, he highlighted Virtual private SaaS (which was introduced by Navajo Systems - recently acquired by Salesforce.com). The provocative part of his talk came when he talked about the upcoming "food fights" in the industry:

1. Telcos are becoming Cloud Service Providers
2. The initiative led by Viviane Reding to regulate Cloud Computing and update the Data Protection Directive
3. The ITU-T meeting in Dubai in November - attempting to bring ICAAN under UN Control (and regulate cloud computing)
4. Upcoming CALEA II (Communication Assistance for Law Enforcement Act) - which attempts to regulate any messaging over the internet. This will make SOPA and PIPA small in comparison!

The next speaker was Becky Swain. Her slides can be seen here. Given her background in CSA, she spoke about Cloud Security from a regulatory and emerging standards POV. One needs to constantly balance compliance and risk management in the cloud.

Caleb Sima spoke next. His thesis was the, somewhat simplistic, viewpoint that the Cloud is more secure. The surface area for attack is wider if you manage everything on your own. Going to the cloud could potentially mean a "loss of control". While this may be viewed as a vulnerability by some, others (himself included) do not see it that way. However, according to a Ponnemon Institute Survey, ~ 1 in 3 people have not adopted Cloud services because of concerns over security. This IW article states that security concerns is one of the biggest barriers to Cloud adoption among Federal IT professionals.

Ratinder Ahuja of McAfee was the next speaker. His slides can be viewed here. Naturally, his talk focused on how the McAfee Cloud Security Platform helps businesses leverage cloud computing services and solutions securely. The future, Dr. Ahuja said, holds tremendous opportunity in delivering Security as a Service.

Ryan Floyd of Storm Ventures was the final speaker. He said that he agreed with Caleb Sima in that the Cloud is more secure.

When Ryan stated that PCI compliance was the first standard that was adopted by the industry to improve the security of payment transactions, Tim Mather tore that to shreds. "PCI is worthless," Tim said. "It is merely the payment industry shifting the burden to the merchants." They tried implementing SET (Secure Electronic Transactions) first - and that was abandoned due to the onerous cost of implementing it.

Tim went on to say that there is a technology solution proposed by IBM's Craig Gentry - using fully Homomorphic Encryption. It has been debated that this is not ready for prime time. In fact, Microsoft published a paper with a contrarian view point proposing "somewhat homomorphic encryption".

At the end of the panel discussion, it was apparent that there is a lot more that was left unsaid. I expect that we will soon see products coming out in this space that will disrupt how we perceive and interface with security.