Two-day national seminar on ‘Data and resource management on cloud’ organised by the Department of CSE in V.R. Siddhartha Engineering College concluded on Tuesday.

The objective of the seminar was to understand the Architecture and Models, Applications, Algorithms, and Open Source Tools for Big Data Analytics. Research challenges for mining, information retrieval, and security were also discussed.

How these would be implemented in cloud environment was explained.

The programme was initiated keeping in view the desire and need for a long-term goal for faculty in their research, said college principal G. Sambasiva Rao.

In his keynote address at the inaugural, D.V.L.N. Somayajulu, professor from NIT-Warangal, said technological innovations, greater affordability of digital devices, and an increased ability to collect a wide variety of data gave birth to ‘Big Data’. “Big Data is not just about the volume of data but also includes data velocity, veracity, variety, and value,” Prof. Somayajulu said. A recent study conducted by EMC among Indian companies revealed that 91 per cent of Indian businesses were aware of the benefits of Big Data, but 26 per cent of companies had no current plans to utilise the technology.

Meanwhile, according to another study by technology researcher, International Data Corp., the Big Data market in India was expected to grow at 38 per cent annually, reaching 253.1 million dollars by 2020.