Predictive Analytics on Big Data. DIY or BUY?

Post on 08-Sep-2014

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Watch the video: http://youtu.be/KFLdWjN0n_k Customer expectations for relevant and individualized experiences are rising and evolving at breakneck speed. This has enterprises working furiously at building data infrastructure to collect and store data. But collecting and storing is only the beginning. The technology and know-how to derive value from data—to do predictive analytics on big data—is fast becoming the critical competitive differentiator for businesses. Join Apigee’s Abhi Rele and Alan Ho as they discuss the market dynamics of predictive analytics and big data and the key capabilities needed to deliver the adaptive apps and APIs every business needs to remain relevant and be competitive. Join to Discuss: - Data lakes, machine learning, unstructured data processors, real-time access, APIs—the capabilities to rapidly deliver predictive analytics on big data - Getting from data lake to production app - how putting big data to use and deriving real value requires a fresh approach - Pros and cons for the build vs. buy decision to deliver adaptive apps and APIs

transcript

Predictive Analytics on Big Data

DIY or BUY?

@karlunhoAlan Ho

@abhireleAbhi Rele

youtube.com/apigee

slideshare.com/apigee

www.iloveapis2014.com

Use BIGDATA10 for 10% off

Agenda

• Predictive analytics on big data

• Businesses are conflicted

• Forging a path forward

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Why predictive analytics on big

data?

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The new normal

• Omni-channel

• Individualized

• Proactive

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Challenges

• Data lakes: learning to swim

• Predictive analytics: in flux

• Open source: rapid innovation

• Got data scientists?

• Point solutions

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Key conflict

DIY with open source

OR

BUY product

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Evaluating options

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DIY BUY

Pros• Control

• Cost savings

• Time to market

• Market

evolution

Cons• Expertise

• Risk

• Hype

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Data lake

Descriptive analytics

Predictive analytics

Integration

Mo

nito

ring

& m

gm

t.Mobile Web Kiosk IoT

Unstructured & structured data

Event & entity data

Real-time & batch data

Partner

Internal & external data

Data lake

• Hadoop

• Entities and events

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Data lake

Descriptive analytics

Predictive analytics

Integration

Mon

itori

ng

&

mg

mt.

Descriptive analytics• Simple

• Complex

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Data lake

Descriptive analytics

Predictive analytics

Integration

Mon

itori

ng

&

mg

mt.

Predictive analytics

• Summarized vs. fine-grain data

• Unstructured data

• No open source winner

• Difficult to use

• Mahout vs. Oryx vs. RHadoop

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Data lake

Descriptive analytics

Predictive analytics

Integration

Mon

itori

ng

&

mg

mt.

Integration• APIs vs. useful APIs

• Real time

• Scalability

• Security

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Data lake

Descriptive analytics

Predictive analytics

Integration

Mon

itori

ng

&

mg

mt.

Monitoring & mgmt.• Achilles heel

• Model performance

• Model deployment

• Availability

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Data lake

Descriptive analytics

Predictive analytics

Integration

Mon

itori

ng

&

mg

mt.

to summarize…

DIY or BUY?

CC-BY-SA

CC-BY-SA

Data lake

Descriptive analytics

Predictive analytics

Integration

Mo

nito

ring

& m

gm

t.Mobile Web Kiosk IoT

Unstructured & structured data

Event & entity data

Real-time & batch data

Partner

Internal & external data

DIY considerations

• Maturity of open source

• Skills and expertise

• Ability to execute

• TCO

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BUY considerations

• Hype vs. reality

• Time to market

• Control & flexibility

• True ROI

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www.iloveapis2014.com

Use BIGDATA10 for 10% off

Questions?

@karlunhoAlan Ho

@abhireleAbhi Rele

Thank you!