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Turning Big Data into Big Decisions
- 1. ©2013 Software AG Government Solutions. All rights reserved.1 |
Turning Big Data
into Big Decisions
Michael Ho
Vice President
March 26, 2014
- 3. ©2013 Software AG Government Solutions. All rights reserved.3 |
Credit & Market Risk in Banks
Fraud Detection (Credit Card) & Financial Crimes (AML) in Banks
Event-based Marketing in Financial Services and Telecomms
Claims and Tax Fraud in Public Sector
Predictive Maintenance
in Aerospace
Demand Forecasting in
Manufacturing
Traditional Data
Warehousing
Social Media
Sentiment Analysis
Disease Analysis
on Electronic
Health Records
Video Surveillance
& Analysis
Household Scoring
Market Sizing
A/B Testing
Data
Velocity
Data Variety
Real-time
Batch
Structured Semi-structured Unstructured
Use cases revolutionized by big data solutions
- 4. ©2013 Software AG Government Solutions. All rights reserved.4 |
Credit & Market Risk in Banks
Fraud Detection (Credit Card) & Financial Crimes (AML) in Banks
Event-based Marketing in Financial Services and Telecomms
Claims and Tax Fraud in Public Sector
Predictive Maintenance
in Aerospace
Demand Forecasting in
Manufacturing
Traditional Data
Warehousing
Social Media
Sentiment Analysis
Disease Analysis
on Electronic
Health Records
Video Surveillance
& Analysis
Household Scoring
Market Sizing
A/B Testing
Data
Velocity
Data Variety
Real-time
Batch
Structured Semi-structured Unstructured
Use cases revolutionized by big data solutions
- 5. ©2013 Software AG Government Solutions. All rights reserved.5 |
Understand Your Data Landscape
- 7. ©2013 Software AG Government Solutions. All rights reserved.7 |
Big Data
When the amount of data is too large to utilize within its
window of relevance.
- 8. ©2013 Software AG Government Solutions. All rights reserved.8 |
Evolve with Technology
- 9. ©2013 Software AG Government Solutions. All rights reserved.9 |
Big data technologies are the natural evolution of
data collection and processing.
1970 1980 1990 2000 2010
1970s - First RDBMS and SQL developed
1991 – WWW becomes publicly available
1995 – GPS operationalized
1998 – Google founded
2003 – Wikipedia started
2005 – Hadoop created
2009 – Terracotta creates Enterprise Ehcache
2003 – Ehcache created
- 10. ©2013 Software AG Government Solutions. All rights reserved.10 |
DecisionTime
DataSize
1970 1980 1990 2000 2010
Big data technologies are the natural evolution of
data collection and processing.
ENTERPRISE
EHCACHE
- 11. ©2013 Software AG Government Solutions. All rights reserved.11 |
Build on Existing Investments
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A good big data solution builds upon the
solid technology foundation you have
already laid.
Evolving with your enterprise
- 13. ©2013 Software AG Government Solutions. All rights reserved.13 |
CostpergigabyteofRAM
1965 2010 2025
Cost Effectiveness
- 14. ©2013 Software AG Government Solutions. All rights reserved.14 |
Make Better, Faster Decisions
- 15. ©2013 Software AG Government Solutions. All rights reserved.15 |
Volume
VarietyVelocity
Historical
Data
Live Data
ENTERPRISE EHCACHE
Consume Analyze Visualize
A real-time data revolution
Big Data
- 16. ©2013 Software AG Government Solutions. All rights reserved.16 |
VisualizeAnalyzeConsume
Visual tools facilitate real time analysis of disparate data
User-
Driven
User-
Driven
Step 1 Step 2 Step 3
- 17. ©2013 Software AG Government Solutions. All rights reserved.17 |
Real-time Analytics allows you to
get the right data
in front of the right people
at the right time
in ways you couldn’t before.
- 18. ©2013 Software AG Government Solutions. All rights reserved.18 |
Real-time Analytics Use Case #1:
Situational Awareness
- 19. ©2013 Software AG Government Solutions. All rights reserved.19 |
Real-time Analytics Use Case #2:
Cyber Defense
- 20. ©2013 Software AG Government Solutions. All rights reserved.20 |
Real-time Analytics Use Case #3:
Financial Planning
- 21. ©2013 Software AG Government Solutions. All rights reserved.21 |
Real-time Analytics Use Case #4:
Data Transparency