Date post: | 29-Nov-2014 |
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Robert Eve, Data Virtualization Business Unit
Gaining Insight from the Big Data Avalanche
Big Data Business Opportunities
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 3
What is Big Data?
“High-volume, velocity and variety information assets
that demand cost-effective, innovative forms of information processing
for enhanced insight and decision making.”
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What Changed?
2011 Internet-connected things:15+ billion permanent
50+ billion intermittent
2020 Internet-connected things:30+ billion permanent
>200 billion intermittent Gartner
Content & Services via Connected
Products
Biometrics
Smart Cities
Building & Infrastructure Management
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 5
What Are Your Big Data Plans?
Have Invested
Investing within next year
Investing within two years
No Plans
Don’t Know
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Big Data Investments on the Rise
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What Are Your Big Data Goals?
Customer Profitability
Faster Time to Market
Cost Reduction
Risk Management
Compliance
Business & IT Agility
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 8
What a 1% Improvement is Worth?
1% reduction in customer churn
1% improvement in average selling price
1% increase in customer satisfaction
= 6% increase in profits
= 8.7% increase in operating profits
= 5% increase in profits
= 25% retention improvement
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 9
Big Data Business Opportunity:As Data Grows, Leading Businesses Use It To Drive Better
Outcomes & Beat Their Competition
Other Businesses
BusinessLeaders
Bus
ines
s O
utco
mes
Data
• Customer Profitability
• Faster Time to Market
• Cost Reduction
• Risk Management
• Compliance
• Business & IT Agility
Business Outcomes
Data Integration Challenge
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Data Integration Challenge:Data Silos Proliferating, Data Is Now Distributed Everywhere
How Does the Business Leverage All the Data?
Cloud Data Sources
Big Data / IoESources
Traditional Data Sources
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 12
Data Virtualization Solution: Unified, Business-friendly View Of All Data for Better
Business Outcomes
Cloud Data
SourcesTraditional Data
Sources
Cisco Data Virtualization
AnalyticsBusiness Intelligence
Big Data / IoESources
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 13
Data Virtualization Defined
Cisco Data Virtualization is agile data integration
software that makes it easy to access data, no
matter where on the network it resides,
as if it is in a single place.
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 14
Reduce Portfolio RiskBarclays Capital
• Cisco Data Virtualization federates market, on-line and historical credit market data across 89 sources
• Historical data moved to Hadoop for immediate access and analysis
• Better manage fixed income portfolio risk by extending algorithms to historical data
• Real-time market data
• Online data (30 days / 400 million records)
• Historical data on tape (30 days to 5 years data)
Data Virtualization Solution
Impact on CustomerCustomer Challenge
• Better risk management of fixed income portfolio
• Saved over $1M in development costs using SQL vs. MapReduce
• Utilized Hadoop for price of tape
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 15
Accelerate RevenueComcast
• Cisco Data Virtualization based virtual data layer across all source systems
• Run predictive analysis to make better business decisions and improve the customer experience
• Understand customers’ needs and ways to influence subscriber base
• Integrate and analyze Customer Survey Data, Operational Data & Demographic Data
Data Virtualization Solution
Impact on CustomerCustomer Challenge
• Now 5-6x faster customer adoption of products
• $21M in increased revenue in first year
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 16
Optimize Upstream Business“Global Energy Firm”
• “Single Source” with Cisco Data Virtualization for easy access to
• 30+ subject areas• 650+ standard
entities• 45+ source systems
• Seeking an integrated, holistic, view of exploration and production asset data to optimize upstream business
Data Virtualization Solution
Impact on CustomerCustomer Challenge
• 30-40,000 business queries per day
• 50% less costly than legacy solutions saving $2M per year
• 3x faster time to solution for new applications
• 80% data object reuse
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 17
Data Virtualization BenefitsBetter Business Outcomes, Faster, for Less
5-10x Faster
Up to 75% Cost Savings
Higher ImpactEmpower people to achieve better business outcomes with instant access to all the data they want, the way they want it.
More AgileRespond faster to your ever changing business conditions and analytics/BI needs.
Less ExpensiveData virtualization’s streamlined approach reduces complexity and saves money.
Cisco Data Virtualization
AnalyticsBusiness Intelligence
Immediate Access
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 18
Are You Ready for Data Virtualization?
• What information are you struggling to deliver to your business and why?
• What is your strategy to integrate Big Data and keep it from becoming an isolated data silo?
• How will you continue to provide business with an integrated view of data as you move applications to the Cloud?
For the Technologist…
For the Business
Consumer…
• What business outcomes are driving your agenda? Customer Profitability, Faster Time to Market. Cost
Reduction. Risk Management. Compliance. Business and IT Agility
• What key data needs are your IT teams struggling to fulfill?
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 19
Why Cisco for Data Virtualization?
For the Business
Consumer…
We Wrote the Book on Data Virtualization
Deepest data virtualization expertise
Hundreds of published articles and blogs
Largest Data Virtualization Customer Base
Highly complex implementations
Greatest business outcomes
Performance Leader
Most powerful optimization algorithms
Only vendor to offer network, compute and data synergies
© 2014 Cisco and/or its affiliates. All rights reserved. Cisco PublicGaining Insight from the Big Data Avalanche 20
Closing Thoughts
Other Businesses
BusinessLeaders
Bus
ines
s O
utco
mes
Data
• Customer Profitability
• Faster Time to Market
• Cost Reduction
• Risk Management
• Compliance
• Business & IT Agility
Business Outcomes
Always Remember the Fourth V – Value!
Thank you.