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DATA INNOVATION LAB Augmented data for improved decision outcomes Rafik MAHJOUBI [email protected]

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Page 1: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

DATA INNOVATION LABAugmented data forimproved decision outcomes

Rafik [email protected]

Page 2: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

The monitoring needs!

Relevant and Reliable

Frequent

Granular

Page 3: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

• Better understand the world in which we live and the causalities…

• Better decisions with immediate impact…. must be driven by data that is:o Reliable o Real timeo Granularo Forward lookingo Integrated

And decision making necessities…

Page 4: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

What? How?

Page 5: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

66%

7.697Billion

5.110Billion

4.437Billion

3.499Billion INTERNET

USERS

TOTAL POPULATION

UNIQUE MOBILE USERS

56%

ACTIVE SOCIAL MEDIA USERS

UBANISATION

MOBILE PENETRATION

Source: https://datareportal.com

to download all the data on the internet (*)

(*) 33 Zettabytes of data and an average download speed of 46Mbps.

181 million years

Source: Physics.org

Massive data!

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Augmented system

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Achieve full integration

Trust and investment

Ethical handling of big data

Better decision outcomes

Our ultimate goal!

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• Within the Bank:o Build capacities, start with basics, learning by doing,

start small, capitalise on the existing…o Build partnerships for knowledge transfer with NSIs,

academia, NGOs and the private sectoro Demystify - practical trainings for subject matter

specialists to help them gain efficiencyo Embed algorithms into business processes, not only

provide insights, through demand driven thematic voluntary working groups

o Produce official statistics : coverage, representativity, accuracy etc.

How to proceed…

Page 9: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

• With countries (for now):o Advocate for appropriate legal framework, digital

protection and personal data/privacy (i.e. through NSDSs and beyond)

o Trainings using practical examples to localize and test (i.e. UN Global Platform etc) – community centric approach!

o Advocate at the highest level to build trust and momentum around Big Data to stimulate investment

o Open up to youth and local start-ups to attract new talents into statistics and find solutions

How to proceed…

Page 10: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

Learning by doing…some examples

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Examples: The fact finder

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Examples: How long is a mile?

Page 13: DATA INNOVATION LAB Augmented data for · DATA INNOVATION LAB. Augmented data . for. improved decision outcomes. Rafik MAHJOUBI. R.MAHJOUBI@afdb.org. The monitoring needs! ... ACTIVE

Thank you