Your SlideShare is downloading. ×

Future of Analytics is here

1,596

Published on

'The future of analytics is here', was presented by Mr. Deepak Ramanathan, Head - Information Management, SAS Asia Pacific (North). This document emphasizes on how SAS Visual Analytics empowers …

'The future of analytics is here', was presented by Mr. Deepak Ramanathan, Head - Information Management, SAS Asia Pacific (North). This document emphasizes on how SAS Visual Analytics empowers business to analyze data in seconds or minutes, which earlier used to take hours or days. This presentation was displayed at CIO - The Year Ahead conference, Mumbai, 29 - 30 Nov'12.

Published in: Technology
0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
1,596
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
0
Comments
0
Likes
2
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. THE FUTURE OF ANALYTICS IS HEREDeepak RamanathanInformation Management – Asia Pacific (North) Copyright © 2011, SAS Institute Inc. All rights reserved. 1
  • 2. Copyright © 2011, SAS Institute Inc. All rights reserved. 2
  • 3. Business Analytics is the #1 technology areato gain competitive edge in the years ahead. - IDC survey of 1,000 CIOs / Executives, 2/11Copyright © 2011, SAS Institute Inc. All rights reserved. 3
  • 4. GOING BIG Key Dimensions AnalyticsData Platforms Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 5. BIG DATA SIZESource: IDC Digital Universe Study, sponsored by EMC, May 2010 Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 6. OURPERSPECTIVE WORD OF THE DAY Yottabyte The yottabyte (derived from the SI prefix yotta - ) is a unit of information or computer storage equal to one septillion (one long scale quadrillion or 1024) bytes (one quadrillion gigabytes). The unit symbol for the yottabyte is YB. Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 7. OURPERSPECTIVE Big Data is RELATIVE not ABSOLUTE Big Data (Noun) When volume, velocity and variety of data exceeds an organization’s storage or compute capacity for accurate and timely decision-making Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 8. THRIVING IN THE BIG DATA ERA VOLUME VARIETYDATA SIZE VELOCITY VALUE TODAY THE FUTURE Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 9. GOING BIG Key Dimensions Analytics Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 10. ADVANCED ANALYTICS TEXT ANALYTICS Finding treasures in unstructured data like social media or survey toolsFORECASTING that could uncover insightsLeveraging historical data about consumer sentimentto drive better insight intodecision-makingfor the future INFORMATION MANAGEMENT OPTIMIZATION Analyze massiveDATA MINING amounts of data inMine transaction databases order to accuratelyfor data of spending patterns identify areas likely tothat indicate a stolen card.. produce the most profitable results STATISTICS Copyright © 2011, SAS Institute Inc. All rights reserved. 10
  • 11. THE ANALYTICS LIFECYCLE IDENTIFY / FORMULATEBUSINESS EVALUATE / PROBLEM BUSINESSMANAGER MONITOR DATA ANALYST RESULTS PREPARATIONDomain Expert Data ExplorationMakes Decisions Data VisualizationEvaluates Processes and ROI Report Creation DEPLOY MODEL DATA EXPLORATIONIT SYSTEMS / DATA MINER /MANAGEMENT VALIDATE STATISTICIAN MODEL TRANSFORMModel Validation & SELECT Exploratory AnalysisModel Deployment BUILD Descriptive SegmentationModel Monitoring MODEL Predictive ModelingData Preparation Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 12. GOING BIG Key Dimensions Platforms Copyright © 2011, SAS Institute Inc. All rights reserved.
  • 13. Trends in Platforms $20 $18 Hadoop COST PER TERABYTE $16 COST PER GIGABYTEMicrosoft PDW $14 $12 Oracle $10 Greenplum $8 Teradata $6 $4 Vertica $2 $- $- $20,000 $40,000 $60,000 $80,000 $100,000 Today 2009 COST OF STORAGE, MEMORY, COMPUTING In 2000 a GB of Disk $17 today < $0.07 In 2000 a GB of Ram $1800 today < $1 In 2009 a TB of RDBMS was $70K today < $ 20K Copyright © 2011, SAS Institute Inc. All rights reserved.

×