Sep 12, 2016
Augsburg, Germany
The emergence of pervasive and ubiquitous technologies together with social media has resulted in unprecedented opportunities to reason about the complexity of our society based on magnitudes of data. Embedded ICT technologies mandate the functionality and operations of several techno-socio-economic systems such as traffic systems, transportation systems, Smart Grids, power/gas/water networks, etc. It is estimated that over 50 billion connected smart devices will be online by the year 2020. Moreover, social media provide invaluable insights about the complexity of social interactions and how these interactions influence the sustainability of several ICT-enabled techno-socio-economic systems. These observations show that regulating online the complex systems of our nowadays digital society is a grand challenge. Regulation concerns trade-offs such as the alignment of technical requirements, e.g. robustness, fault-tolerance, safety and security, with social or environmental requirements, for instance, fairness in the utilization of energy resources. The scale of nowadays data cannot tackle the challenge by itself as data may convey ungrounded correlations and biased predictions. Smart, autonomic and selfregulating mechanisms are required for filtering data streams in real-time and transform them to valuable information based on which intelligent adaptive decisions can be made in a decentralized fashion under a plethora of operational scenarios.