How Data Discovery Tools Are Changing The Way Businesses Use Information

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In this session you will learn how data discovery visualization tools are dramatically changing the way organizations’ are using information. According to Gartner Research …

In this session you will learn how data discovery visualization tools are dramatically changing the way organizations’ are using information. According to Gartner Research
“…visualization-based data discovery tools have far-reaching implications for how business information is consumed, and will take an increasingly large stake as the front end for analysis, querying, exploration and ‘dashboarding’.” These tools allow for rapid deployment, ease of use and deep analytical capabilities across the organizations. Discover how you can leverage these tools to drive organizational performance.

More in: Technology , Business
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  • 1. WORKSMART 2012 – Technology SummitHow Data Discovery Tools Are Changingthe Way Businesses Use Information Presented by:   David Rubin Principal J.H. Cohn LLP June 28, 2012 We turn expertise into results. W e t u r n e x p e r t i sJ u n e t o , r2e s 2 l t s . e in 11 01 u 1
  • 2. What Is the Purpose of a Report? We turn expertise into results. June 11, 2012  2
  • 3. What Is the Purpose of a Report? Delivers information Monitors performance Develops insight Supports decision making We turn expertise into results. June 11, 2012  3
  • 4. Why Is It So Difficult to Get Information? We turn expertise into results. June 11, 2012  4
  • 5. Multiple Disparate Data Sources We turn expertise into results. June 11, 2012  5
  • 6. Amount of Available Data “By 2020, the amount of data will have grown 44-fold, to 35 trillion gigabytes.” – IDC We turn expertise into results. June 11, 2012  6
  • 7. Technological Limitations Region State Product Sales- person We turn expertise into results. June 11, 2012  7
  • 8. The Nature of Information I need to know what I need to know when I need to know it. I won’t know what I need to know until I need to know it. We turn expertise into results. June 11, 2012  8
  • 9. The World of Information Is Changing Independent data discovery software companies are muscling in on territory that once belonged to business intelligence (BI) mega-vendors like Oracle and SAP Business Objects, according to a new Gartner Magic Quadrant report. The findings represent a sea change in attitude that is being driven largely by business users who want ease of use and who are exerting more influence over BI purchasing decisions than ever before. Historically viewed as a supplement to traditional BI platforms, data discovery software is now increasingly being sought as a viable standalone alternative. “We’re seeing [data discovery tools used] more pervasively across the enterprise,” . . . “In the past, they were very much departmental solutions. But this year, in particular, QlikTech has really expanded the numbers of average users per deployment.” – Gartner Group We turn expertise into results. June 11, 2012  9
  • 10. The Empowered User – Broad Range ofAccess Social Apps Networking Search Mobility The Empowered Consumer We turn expertise into results. J u n e 1 1 , 2 0 1 2  10
  • 11. How We Make Decisions Today Discover Collaborate All Your Open Decisions Social Platform Apps, Search, Visualize, Workspaces, Remix and Reassemble Secure and Private, Conversations Any Social or Business Network Social Business Discovery We turn expertise into results. J u n e 1 1 , 2 0 1 2  11
  • 12. The Evolving BI Landscape REPORT-CENTRIC ARCHITECTURE (IT-driven, tightly controlled) IT DEPARTMENT Pre-calculated  Managed dashboards reporting  Data preparation and governance +  Responsible for building all the analyses OPERATIONAL DATA SOURCES We turn expertise into results. J u n e 1 1 , 2 0 1 2  12
  • 13. The Evolving BI Landscape and IT’s Changing Role REPORT-CENTRIC ARCHITECTURE BUSINESS DISCOVERY ARCHITECTURE (IT-driven, tightly controlled) (Business user-driven, self-service) Business Discovery IT DEPARTMENT Pre-calculated  Managed  Dynamic  Self-service dashboards reporting dashboards analysis  Data preparation  Data preparation  Search live data  Create analysis and governance and governance  Any device relevant to specific + + business  Responsible for  Enable business problems building all the users to create  Change analysis analyses their own analyses on the fly OPERATIONAL DATA SOURCES We turn expertise into results. J u n e 1 1 , 2 0 1 2  13
  • 14. Business Discovery: An End-User Driven BIApproach We turn expertise into results. J u n e 1 1 , 2 0 1 2  14
  • 15. Insight Everywhere Insight created and delivered to the edges of the organization Bottoms-up approach IT Support Finance puts end users in control Empowers workgroups, departments, and business units to harness Marketing Sales data for HR better decisions Production We turn expertise into results. J u n e 1 1 , 2 0 1 2  15
  • 16. Business Discovery: Zero-Wait Analysis Radically collapses time to insight Traditional BI takes weeks, months, years, and sometimes never delivers results Data Discovery lets end users tap directly into data on their own Zero Users can ask the questions Wait they want and get answers on the fly We turn expertise into results. J u n e 1 1 , 2 0 1 2  16
  • 17. Business Discovery: Total Mobility Delivers live data and analysis so users can answer any questions on the go Supports a new world of mobile tools Total freedom from the desktop Mobile Sales Professionals Manufacturing Retail We turn expertise into results. J u n e 1 1 , 2 0 1 2  17
  • 18. The Five Themes of Business Discovery Social Mobile Rapid Comparative EnterpriseBusiness Business Analytic App Analysis PlatformDiscovery Discovery Platform We turn expertise into results. J u n e 1 1 , 2 0 1 2  18
  • 19. The Five Themes of Business Discovery Social Mobile Rapid Comparative EnterpriseBusiness Business Analytic App Analysis PlatformDiscovery Discovery Platform We turn expertise into results. J u n e 1 1 , 2 0 1 2  19
  • 20. What Is Social Business Discovery? Create: Collaborate on creation of analytic apps Communicate: Ask and answer questions in formal or informal groups, in real-time and asynchronously Explore: Explore data together to forge new paths to insight and decision We turn expertise into results. J u n e 1 1 , 2 0 1 2  20
  • 21. Annotations: Discussions and a LastingDecision Record We turn expertise into results. J u n e 1 1 , 2 0 1 2  21
  • 22. Collaborative Sessions Bring DecisionMakers Together We turn expertise into results. J u n e 1 1 , 2 0 1 2  22
  • 23. Collaborative Sessions: Real-Time DecisionMaking We turn expertise into results. J u n e 1 1 , 2 0 1 2  23
  • 24. The Five Themes of Business Discovery Social Mobile Rapid Comparative EnterpriseBusiness Business Analytic App Analysis PlatformDiscovery Discovery Platform We turn expertise into results. J u n e 1 1 , 2 0 1 2  24
  • 25. Comparative Analysis Extends associative experience to enable interactive comparison of multiple groupings  Compare sales for different products or demographics  Analyze consumer purchasing baskets We turn expertise into results. J u n e 1 1 , 2 0 1 2  25
  • 26. Comparative Analysis We turn expertise into results. J u n e 1 1 , 2 0 1 2  26
  • 27. The Five Themes of Business Discovery Social Mobile Rapid Comparative EnterpriseBusiness Business Analytic App Analysis PlatformDiscovery Discovery Platform We turn expertise into results. J u n e 1 1 , 2 0 1 2  27
  • 28. Mobile Business Discovery Complete One Dashboard, Business Discovery Live Data Any Device Experience Intuitive ManageableUser Interface And Secure Anytime, Anywhere Not Just Gorgeous, But Genius We turn expertise into results. J u n e 1 1 , 2 0 1 2  28
  • 29. The Five Themes of Business Discovery Social Mobile Rapid Comparative EnterpriseBusiness Business Analytic App Analysis PlatformDiscovery Discovery Platform We turn expertise into results. J u n e 1 1 , 2 0 1 2  29
  • 30. Create Dynamic Reports on the Fly Select Dimensions Selections: green Select Metrics We turn expertise into results. J u n e 1 1 , 2 0 1 2  30
  • 31. Rapid Analytic App PlatformPrototype Review Deploy Feedback Improve App development with traditional BI  Has “end” users  Can take months if not years  User is passive recipient of minimally interactive content We turn expertise into results. J u n e 1 1 , 2 0 1 2  31
  • 32. Enterprise Business DiscoveryEnterprise Business Discovery provides:  Version control integration, which streamlines development  Metadata management  Ajax deployment  Granular chart dimension control, which simplifies presentation of data in charts  Easy application development We turn expertise into results. J u n e 1 1 , 2 0 1 2  32
  • 33. The Five Themes of Business Discovery Social Mobile Rapid Comparative EnterpriseBusiness Business Analytic App Analysis PlatformDiscovery Discovery Platform We turn expertise into results. J u n e 1 1 , 2 0 1 2  33
  • 34. Enabling Agility and Governance BUSINESS USERS IT RETAINS CONTROL MOVE FAST OVER DATA  Visual dashboards  Assemble and prepare data  Associative search  Help validate data  Interactive analytics  Deliver relevant data  Reports  Ensure security and scalability  Any device We turn expertise into results. J u n e 1 1 , 2 0 1 2  34
  • 35. Security Management in QlikView 11 Document-level auditing improves audit accuracy and lowers risk Granular download and export control improves manageability Publisher generated tasks makes it easier to manage and secure data centrally We turn expertise into results. J u n e 1 1 , 2 0 1 2  35
  • 36. Wrap-Up: The Business Discovery Story Make decisions based on multiple sources of insight. People Data Place  Social Business  Enterprise platform  Mobile Business Discovery Discovery  Rapid analytic app platform  Comparative analysis Improve speed, flexibility, and control. We turn expertise into results. J u n e 1 1 , 2 0 1 2  36
  • 37. For Additional Information Please Contact: David Rubin Principal J.H. Cohn LLP 973-871-4021 drubin@jhcohn.com We turn expertise into results. J u n e 1 1 , 2 0 1 2  37