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For Immediate Release

Franz’s Vice President of Corporate Development to Keynote at The 8th International Conference on Knowledge Science, Engineering and Management (KSEM 2015)

OAKLAND, Calif. — August 26, 2015 — Franz Inc.’s Vice President of Corporate Development, Dr. Sheng-Chuan Wu, will be a keynote speaker at The 8th International Conference on Knowledge Science, Engineering and Management (KSEM 2015) this October in Chongqing, China. The aim of this interdisciplinary conference is to provide a forum for researchers in the broad areas of Knowledge Science, Knowledge Engineering, and Knowledge Management to exchange ideas and to report state of the art research results.

Separating the Reality from the Hypes of Big Data

The world is drowning in data. Modern technologies and digital devices have made it very easy to generate, collect and store mammoth data that gives rise to the term, "Big Data". In 2009, Google published Flu Trends based on analyzing gazillions of flu-related searches to detect the spread of flu even before CDC could, demonstrating how to use Big Data to address societal needs. Since then, everyone wants to collect, analyze, invest in and make money from Big Data. Market research firms predict an exciting business opportunity of US$50 billion by 2017. Industrial experts promise Big Data to solve virtually any problem we encounter.

Is Big Data really what all the market hypes allege to be?

There is no doubt that, by combining the enormous modern and inexpensive computing power and sophisticated Data Mining programs, we are able to process the zettabytes of digital data produced every minute. However, several challenges, namely heterogeneous data sources, convolute data relations and complex queries inherent to predictive analytics besides the sheer size, make it difficult to extract the essential value from big data.

In this talk, Dr. Wu will describe a new analytic architecture, combining the popular big data Hadoop platform, semantic index and distributed query to extract actionable business insight from big data in nearly real-time. He will show the power of this new architecture with real-world examples in Customer Relation Management (CRM) and Healthcare.

About Dr. Wu

Dr. Sheng-Chuan Wu received his Ph.D. in Scientific Computing and Computer Graphics from Cornell University in the US. He has, since graduation, been involved in several software companies, including the founding of the first integrated CAD/CAM/CAE company. He has in the last 20 years worked as a senior corporate executive at the leading Artificial Intelligence and Semantic Technology company, Franz Inc in Silicon Valley, with responsibility in application development, marketing, consulting and new business development. Dr. Wu has also in many occasions collaborated with Bioinformatics experts from Harvard Medical School, Stanford University and Astra Zeneca, working with massive biological data.

Dr. Wu has been focusing on Semantic Technology over the last 7 years. He has routinely lectured on AI and Semantic Technology at conferences. He has, since 2007, conducted more than 20 week-long workshops on Semantic Technology and Artificial Intelligence in Malaysia, China, India and other Asian countries. Additionally, Dr. Wu has consulted on several Big Data and Semantic Technology projects in the US and Asia.

About Franz Inc.

Franz's semantic technology solutions help bring Web 3.0 ideas to reality. The company is the leading supplier of commercial, persistent and scalable Graph Database products. AllegroGraph is a high-performance database capable of storing and querying billions of RDF statements. The product provides solutions for customers to combine unstructured and structured data using W3C standard RDF for creating new Web 3.0 applications as well as identifying new opportunities for Business Intelligence in the Enterprise.  AllegroGraph’s Activity Recognition package provides a powerful means to aggregate and analyze data about individual and organizational behaviors, preferences, relationships, plus spatial and temporal linkages between individuals and groups. Franz customers include Fortune 500 companies in the government, life sciences and telecommunications industries. For more information, visit www.franz.com.

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