Date post: | 26-May-2015 |
Category: |
Technology |
Upload: | mahboob-hussain |
View: | 114 times |
Download: | 0 times |
Out of the Box --
Thoughts on Data Evolution
-- Mahboob Hussain
Contents• whoami• Analytics• BI• Big Data and Logistics• The Box• Future directions : some thoughts• Things I want to explore• Q & A
whoami• VNIT Nagpur, Webster University
• Vice President (Technology), Four Soft Limited. Previously with Mukand, Parametric Technology Corporation, FedEx
• http://bit.ly/mahboob
Tom DavenportUniversity of Houston ISRC
November 15, 2007
Analytics : Starting source
Definitions and Insights• What are analytics?
• Comparison with DM, BI
• How is it different from before?
• Is the claim valid?
6 | 2007 © All Rights Reserved.
The Planets Are Aligned for Analytics
• Powerful IT• Data critical mass• Skills sufficiency• Business need
Source : http://bauer.uh.edu/uhisrc/ppt/ISRC_CompetingonAnalytics_T.Davenport.ppt
7 | 2007 © All Rights Reserved.
What Are Analytics?Analytics
What’s the best that can happen?
What will happen next?
What if these trends continue?
Why is this happening?
What actions are needed?
Where exactly is the problem?
How many, how often, where?
What happened?
Co
mp
etit
ive
Ad
van
tag
e
Degree of Intelligence
Reporting
Decision Optimization
Predictive Analytics
Forecasting
Statistical models
Alerts
Query/drill down
Ad hoc reports
Standard reports
http://bauer.uh.edu/uhisrc/ppt/ISRC_CompetingonAnalytics_T.Davenport.ppt
8 | 2007 © All Rights Reserved.
What Should Organizations Do with
Analytics?• Using analytics is good
o Finding the best customers, and charging them the right price
o Minimizing inventory in supply chainso Allocating costs accurately and
understanding how financial performance is driven
• Competing on analytics is bettero Making analytics and fact-based
decisions a key element of strategy and competition
Subset of BI
http://bauer.uh.edu/uhisrc/ppt/ISRC_CompetingonAnalytics_T.Davenport.ppt
Gartner : The source• What is BI? (Gartner)
o Integration• BI Infrastructure• Metadata management• Development tools• Collaboration
o Information Delivery• Reporting• Dashboards• Ad hoc query• Microsoft Office Integration• Search Based BI• Mobile BI
o Analysis• OLAP• Interactive Visualization• Predictive modeling and data mining• Scorecards• Prescriptive modeling, simulation and optimization
Our own tool @ 4S
© 2011 FOUR SOFT LIMITED. All rights reserved. “This presentation is for informational purposes only and may not be incorporated into a contract or agreement.”
for Informed Decision Making
The next-gen Business Intelligence Tool for Supply Chain Domain
The Product
4S Infotips is a futuristic SCM BI tool which helps the company CXOs, Managers, Supervisors & executives across all departments;
Visualize the Business Performance across various parameters through Dashboards
*Analyze huge volume of Data to understand relationships, trends in business through a very simple, powerful and user-friendly GUI
Identify exceptional events, analyse the causes and make informed decisions by studying the required information represented on the dashboard.
* Some Features limited for Enterprise Edition User Licenses
What’s Infotips?
DATA
INFORMATION
KNOWLEDGE
DECISION
So what are the Critical Success Factors?
(2) *The Ability to study the info from any angle
(1) The Ability to combine Data from multiple sources
(3) The Speed of Analysis
* Feature limited for Enterprise Edition User Licenses
4S PRE DEFINED KPIs
4S PREDESIGNED DASHBOARDS
Customer
Views with 4S Predefined KPIs* Defines New KPIs with available data fields
4S Infotips Service
Model
4S Extraction based on
Customer Request
eTrans
eCustoms
Visilog
Visilog Plus
eLog
4S eProducts DB
4S Extraction
Exte
rnal
pro
duct
s D
B
4S Data Modeling & Loading
eTrans-FF
eCustoms-
Customs
Visilog - Visibility
eLog- Warehousing
VisiLogPlus- Shipper
4S Creates new KPIs & related changes in Data Modeling as per Customer Request
* Feature limited for Enterprise Edition User Licenses
Standard KPIs for Shipper Logistics (Visilog Plus)
1. Purchase Order Response Time
2. Purchase order Quantity Fulfillment
3. Purchase Order Lead time
4. Carrier delivery efficiency
5. Item profitability Against Storage
6. Inventory Ageing Analysis
Sample Dashboard
What is the current state in the field?
Current State
• Descriptive to Diagnostics
• Emphasis on DD (what is it)
• Big Data: The ability to find patterns, correlations and insights across multistructured data will become a mainstream requirement as companies try to better innovate and find operational efficiencies across business processes that leverage data. These include capabilities that enable the collection, storage, management, correlation, organization, exploration and analysis of multistructured data. (Gartner 2013)
(JasperSoft with native interfaces to MongoDB, / HBase , Oracle Big Data Appliance, Tibco Spotfire for Big Data Analytics, SAP Data Integration with Hadoop / Hive etc).
The source
Key points• Term origin• Definition• What it is not?• Three major mindset shifts
o N = allo Loosen up our desire for exactitudeo Correlation over causality
• Datafication
Let’s talk about what’s happening in the enterprise.
8 Business Functions TCS Explored for Big
Data PracticesIn addition to surveying IT and analytics executives, TCS also wanted to collect the experiences of senior managers in eight core business functions:
• Marketing and Sales• Customer service (post-sale)• Manufacturing (or production in services companies)• R&D/product development/product engineering• Logistics/distribution• Human resources• Finance/accounting
These managers accounted for 62% of the total survey population.
http://sites.tcs.com/big-data-study/big-data-pie-business-function/
Cutting the pieHow Companies Cut the Big Data Pie by Functional Area
Departmental Impact
Highlights:• Sales and marketing get the biggest shares of the Big Data pie• However, finance and logistics expect the highest ROI on Big
Data• Eight business functions vary significantly in where they see the
benefits from Big Data – and the biggest challenges they face in gaining those benefits
http://sites.tcs.com/big-data-study/findings-business-functions/
Logistics : The source
The Story• Gripping story of globalization• McLean’s total involvement• Coastal route – container ships
Cargo cost of the past
Cash Outlay Percent of Cost
Freight to U.S. port city $341 14.3%
Local freight in port vicinity $95 4.0%
Total port cost $1,163 48.7%
Ocean shipping $581 24.4%
European inland freight $206 8.6%
Total $2,386
Cost of Shipping One Truckload of Medicine from Chicago to Nancy, France (estimate ca. 1960)
The SS Warrior : Cost and Time
Number of Pieces Percent of weight
Case 74,903 27.9%
Carton 71,726 27.6%
Bag 24,036 12.9%
Box 10,671 12.8%
Bundle 2,880 1.0%
Package 2,877 1.9%
Piece 2,634 1.8%
Drum 1,538 3.5%
Can 888 0.3%
Barrel 815 0.3%
Wheeled vehicles 53 6.7%
Crate 21 0.3%
Transporter 10 0.5%
Reel 5 0.1%
Undetermined 1,525 0.8%
Total 194,582 98.4%
5,015 tons, 194582 individual items, 95 days, $237577, 36.8%
Impact of the box• Cut costs• Cut time• Destroyed old economy• Helped build a new economy• Massive global trade• Combined with the computer, it lead to JIT
Pondering : Out of the boxThe Box Big Data
A self – made ruthless business magnate
???
Excessive focus on cost cutting ???
Consolidating items into the container
???
End to end innovations ???
Standardizations ???
A couple of Box inspired innovations mentioned in the book. And I want to explore more.
Things I want to explore• Hazy• Big Data and Philosophy• Brain : The ultimate domain
Questions ???
Thanks