+ All Categories
Home > Documents > Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to...

Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to...

Date post: 03-Jun-2020
Category:
Upload: others
View: 4 times
Download: 0 times
Share this document with a friend
20
Big Data (Adv. Analytics) in 15 Mins. Peter LePine Managing Director Sales Support IM & BI Practice
Transcript
Page 1: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Big Data (Adv. Analytics) in 15 Mins.

Peter LePine

Managing Director – Sales Support

IM & BI Practice

Page 2: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Agenda

• Big Data in 15 Mins.

• Goal: Provide a basic understanding of; What is Big Data; Why it’s important to

Customers; How Emtec can help identify Big Data opportunities.

What are Big Data & Adv. Analytics

How Organizations using Big Data

How Emtec can help

Emtec Overview

Page 3: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Big Data & Adv. Analytics Defined

Page 4: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Big Data – Some real-world examples

• Retail Banking

–The expectedly large and negative consumer reaction to new fees announced by large US banks in

late 2011 is a case in point. Hundreds of thousands of accounts were lost in a few days—the

equivalent of a year of losses under typical market conditions—by the time consumer sentiment was

fully understood and corrective action could be taken.

–Hospitality Industry

• “Many airlines treat even their frequent flyers as strangers. We have the data to treat

them as they would want to be treated”

–EVP of British Airways

–Airlines & Hotels have acquired massive amounts of data via loyalty programs , and travel providers

have begun to analyze data in ways they hope will increase personalization.

4

Page 5: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

EPM

• Online Media

–“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS, NBC and ABC had available in the 1980s. Apply even better analytical engines to the data from Fitbit pedometers, Google Glass, Smartphones, etc. and you’ve got an unprecedented depth and breadth of knowledge available soon to anyone, anywhere.”

• James McQuivey is the author of “Digital Disruption: Unleashing the Next Wave of Innovation.” VP and Principal Analyst at Forrester Research.

Every day, we create 2.5 exaBytes of data — so much that 90% of the data in the world today has been created in the last two years alone.

2.5Xb = 2,500,000,000,000,000,000 (1018) Bytes of data

5

Big Data – Some real-world examples

Page 6: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Big Data Defined

• How BIG is Big Data???

–Social Media – Facebook reached 1 billion members in 2012

–Entertainment – Netflix has approx. 30 million subscribers

• Every download is 3 – 11 Gbytes

• Media – Many channels of 7*24 streaming media

–Twitter, LinkedIn, Yelp, MSN, and lots more

–Google Search – 1.2 Billion sites searched in 0.35 secs

• Corporate –Email, SMS & FTP sent / received per day

–2011 2012 2013 2014 2015

–105 110 115 120 125

• In 2011, the majority of Email & SMS users were; (Economist analysis)

–Asia Pacific accounts for 49%

–Europe accounts for 22%

–North America has about 14%

–Rest of World (15%) accounts for the remainder

6

Page 7: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Data Mining Defined

• The ‘Engine’ of Advanced or Predictive Analytics

–Exploratory Data Analysis – An iterative exploration & filtering of the result-set

–Hypothesis Testing – Establish the conditions / filters , test / refine the validity of the Hypothesis

–Data Visualization – Heat Map or other representation of the distribution of the Dataset

• Real-world examples of Data Mining

–Social Media - Tracking of ‘Likes’ & ‘Dislikes’, reach out to Friends with similar interests

–Retail & Transportation – Pattern matching to develop pricing strategies based on time, usage, family

plans, etc.

–Insurance / Law Enforcement - Heat Map (Identify) based on more granular data than Zip code, more

granular time periods, etc.

7

Page 8: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

• Statistical function-based Analytics

–Aggregate a large Dataset of historical detail, filter out the ‘Noise” to Predict future; Trends / Behaviors

/ Events

–Analytical tools contain Libraries of Built-in Functions

–e.g. Business Functions – NPV, Depreciation, Compound Growth Forecast

–Statistical Models – Linear Regression, K-Factor, Probability modeling

• Real-world examples of Predictive Analytics

–On-line Retail – Select any Product… Product accessories (Associations)

–Hospitality – Pricing based on factors such as; Load / Occupancy, Loyalty & Competitor pressures

–Transportation – Predictive analysis to determine Route optimization, Maintenance schedules, Traffic

patterns

Big data analytics is done with Software Tools used as part of Advanced Analytics

disciplines such as Predictive Analytics and Data Mining.

8

Predictive Analytics Defined

Page 9: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

The Language of Big Data & Predictive Analytics

• Terminology of Big Data & Predictive Analytics

–Data Warehouse Appliance – Parallel engine & Storage ‘packaged’ in a single device.

–Unstructured data – Any data that doesn’t conform to a Field or Column paradigm (e.g. a Document)

–MapReduce – Research project sponsored by IBM & Google to process very large datasets, in

massively parallel platforms (1,000’s of Nodes)

–Hadoop – Research project sponsored by Apache Foundation…

–NoSQL – Research project sponsored by UC Berkley & Rackspace…

–Statistical Analysis – Use of Statistical functions to Analyze & make data driven decisions from very

large Datasets

–Behavioral Analytics – Use of Behavioral (social sciences) functions…

–Pattern Recognition – Recognize patterns in very large Datasets…

9

Page 10: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Summary - Big Data & Predictive Analytics

Big Data & Predictive Analytics should not be confused with “BI on Steroids”

Unique Platforms, Analytic Tools & Business usage.

Every Client needs some BI capability, whereas Big Data & Predictive Analytics are not on

the radar for smaller & mid-sized organizations.

10

Page 11: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

How Customers are using Big Data & Adv. Analytics

Page 12: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Predictive Analytics

• Predictive Analytics isn’t the same as BI

–Business Specialist / Power User tools that predict future trends using Statistical Analysis techniques.

–Analytic Result-set is Prioritized / Ranked by frequency / probabilities etc.

12

Page 13: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Target Clients / Industry Segments

13

Retail Travel &

Hospitality

Financial

Services Media

High-volume Online &

Traditional Retail

Airlines, Hotels,

Timeshare, Rental

Cars, Travel

Retail Banking, Credit

Card, Insurance,

Brokerage

Mainstream Media

Specialized Channels,

etc.

• Growth Strategy

Use of Social media

Analyze & Predict trends

before competitors

Customer loyalty

• Growth Strategy

Customer loyalty,

Operational efficiencies

Partner Revenue

• Growth Strategy

Acquisition, no single

view of the customer

Customer retention &

Customer capture

Cross-sell & Up-sell

• Growth Strategy

Media transition to

subscription-based

News / Topic / Event

aggregation

Target A&P spend to

individual interests

• Customer Benefits

Right product, Right

location, Right price

• Business Benefits

Store Operations

Product associations

Improve Revenue &

Margins

• Customer Benefits

Customer care / loyalty

programs

• Business Benefits

Optimize Operations

Improve Revenue &

Margins

• Customer Benefits

Reduce Costs across

Products & Services

• Business Benefits

Patterns of behavior

Risk Analysis,

Improve Revenue &

Margins

• Customer Benefits

Narrow-cast News, no

longer Broadcast

• Business Benefits

Compete in a 7*24

Global Village

Group associations /

‘neighborhoods’

Page 14: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013. 14

Big Data & Predictive Analytics Landscape

Business

Intelligence Data Mining

Adv. Analytics

Structured

Databases ‘Big Data’

Infrastructure

Analytic Engine SQL / ODBC

or

Other Data Drivers

Unique Platforms, Analytic Tools & Business usage.

Some familiar names – IBM, Oracle, SAP & Microsoft

Many new names in what is a new & growing market segment

Page 15: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

How Emtec can Help

Page 16: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Custom Application

Development Services

• Information Delivery

–BI, reporting & analysis, advanced analytics &

‘Big Data’, KPIs, dashboards & scorecards,

business repository

• Information Management

–Data infrastructure, information as a corporate

asset

• Data Integration

–Extract, transform, load from data sources into

target DW or data marts

• Information Architecture

–Assessments, strategy, roadmaps & blueprints,

data architecture

IM & BI Practice Overview

Big

Data

Data Integration

Co

nte

nt

Man

ag

em

en

t

Master Data

DW Analysis &

Design

Data Governance

Data Quality

16

Page 17: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Emtec Adv. Analytics Workflow

17

Discovery

Pilot

Project

Technical

Impl.

Discovery Workshop or Assessment

• Understand functional (Business) requirements, and

• Understand the Data (Internal & External) Sources

• Develop a Strategic Roadmap for Analytics

Pilot Project & Project Planning

• Limited scope Pilot to test & validate hypothesis

• Build the business case for Implementation

• Prove the Technical Infrastructure (Tools & Data infrastructure)

Technical Implementation

• Refine & Filter Analytical results

• Develop Analytic reports

• Evaluate how the results Correlate to ‘real-world’ experience

Page 18: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Key Sales & Delivery Contacts

18

Jamal Syed Deric Selchow

Sajid Patel Peter LePine

Delivery Management

Email: [email protected]

847-323-6588 (Mobile)

Sales Support

Email: [email protected]

408-674-7336 (Mobile)

OBIEE Practice Manager

Email: [email protected]

630-235-8393 (Mobile)

MSFT BI Practice Manager

Email: [email protected]

651-338-7507 (Mobile)

Page 19: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

Emtec, Inc. Proprietary & Confidential. All rights reserved 2013.

Collateral specific to Big Data

• Sales Support Collateral

–Sales Briefing - Big Data in 15 Mins.

–Technical & Industry Case Studies

–Big Data Quick Reference Card

–Assessment Outline

• Marketing Collateral

–Industry Analyst Research papers

19

Page 20: Big Data in 15mins - IT Strategy & Consulting...EPM •Online Media –“Analytics available to even the lowest YouTube channel producer now rival the most sophisticated reports CBS,

THANK YOU FOR YOUR TIME

Please visit us online at www.emtecinc.com


Recommended