Big data can boost innovation, open opportunities

Deng Feng, Founding Managing Director of Northern light Venture Capital, said the development of Internet technology will bring great opportunities to venture capital firms on the Forum of Building a Digital Silk Road for Win-Win Cooperation of World Internet Conference in Wuzhen.

Deng said that this is an era of big data thanks to the development of Internet technology. Big data has the potential to be applied in many industries and brings investment opportunities. He thinks that big data will promote the innovation of overall technology and that will bring opportunities to various industries for investment. "For example, we can find investment opportunities in the areas of countering climate change and city planning by using big data," he said.

"The investment opportunities brought by the Internet technology is also the method to realize win-win situation," Deng said. By sharing data resources, the countries along the Silk Road can cooperate with each other in areas of high-tech investment.