1. Ray Poynter, The Future Place – JMRX Lectures 2015
Big
Data
and
Advanced
Analy0cs
Ray Poynter
The Future Place
JMRX
–
Tokyo
–
May
12,
2015
2. Ray Poynter, The Future Place – JMRX Lectures 2015
Agenda
1. What
is
big
data?
2. The
strengths
of
big
data
3. When
big
data
misses
the
mark
4. The
challenges
of
big
data
5. Linking
big
data,
analyEcs
and
market
research
6. ImplicaEons
for
Japan
3. Ray Poynter, The Future Place – JMRX Lectures 2015
How
big
is
big
data?
BIG!
• If
it
fits
in
Excel,
it
is
not
really
big
data
• If
it
fits
in
SPSS,
it
is
not
really
big
data
• If
you
have
a
profile
of
10
million
telco
customers,
it
is
not
really
big
data
• If
you
have
second-‐by-‐second
locaEon
and
usage
data
for
10
million
telco
customers,
that
is
big
data
• If
you
need
to
use
Hadoop,
it
is
big
data
4. Ray Poynter, The Future Place – JMRX Lectures 2015
What
is
?
InstrucEon
Results
6. Ray Poynter, The Future Place – JMRX Lectures 2015
What
does
Google
Know?
And
shares
with
you
7. Ray Poynter, The Future Place – JMRX Lectures 2015
Google
Ads
http://www.google.com/settings/ads/
8. Ray Poynter, The Future Place – JMRX Lectures 2015
Loca0on
History
https://maps.google.com/locationhistory
7
days
of
travel
9. Ray Poynter, The Future Place – JMRX Lectures 2015
Google
Search
History
https://www.google.com/history/
10. Ray Poynter, The Future Place – JMRX Lectures 2015
Google
Other
4. Google
monthly
security
and
privacy
report
–
lisEng
all
the
services
you
use
hVps://www.google.com/seYngs/dashboard
5. Apps
and
extensions
that
have
access
to
your
Google
data
hVps://security.google.com/seYngs/security/permissions
6. Export
all
your
Google
data
hVps://www.google.com/takeout
7. History
of
all
your
YouTube
searches
hVps://www.youtube.com/feed/history/search_history
11. Ray Poynter, The Future Place – JMRX Lectures 2015
The
Signal
and
the
Noise
–
Nate
Silver
12. Ray Poynter, The Future Place – JMRX Lectures 2015
Weather
forecas0ng
PMSL
–
Pressure
at
Mean
Sea
Level
13. Ray Poynter, The Future Place – JMRX Lectures 2015
Weather
forecas0ng
benchmarks
1. Same
as
today
2. Same
as
average
of
last
few
years
-‐
climate
What benchmark are you going to
use for your predictive analytics?
14. Ray Poynter, The Future Place – JMRX Lectures 2015
Google
Flu
Trends
http://www.google.org/flutrends/
December 2014
15. Ray Poynter, The Future Place – JMRX Lectures 2015
Google
Flu
Trends
http://www.google.org/flutrends/
May 2015
16. Ray Poynter, The Future Place – JMRX Lectures 2015
Google
Flu
Trends
-‐
Japan
19. Ray Poynter, The Future Place – JMRX Lectures 2015
BPP
and
USA
Prices
Index
20. Ray Poynter, The Future Place – JMRX Lectures 2015
Tesco
• Loyalty
card
data
• Real-‐Eme
monitoring
of
refrigerators
across
120
stores
in
UK
and
Ireland
to
save
20million
Euros
a
year
– 70
million
data
points
• Real-‐Eme
monitoring
of
lighEng
and
heaEng,
across
120
stores
– Management
dashboard
shows
by
7am
which
stores
are
not
at
the
right
temperature
• Buying
SocialmaEcs
–
programmaEc
and
re-‐targeEng
ads
21. Ray Poynter, The Future Place – JMRX Lectures 2015
INTERESTING
BIG
DATA
PROJECTS
22. Ray Poynter, The Future Place – JMRX Lectures 2015
Ebola
and
mobile
phones
Flowminder
using
data
from
telcos
to
map
populaEon
mobility
–
but
level
of
granularity
is
quite
large
–
journeys
over
20KM
23. Ray Poynter, The Future Place – JMRX Lectures 2015
The
smartphone
Accelerometer
Temperature
Gravity
Gyroscope
Light
Air
pressure
Proximity
Humidity
GPS
Call
acEvity
App
acEvity
Internet
usage
WiFi
Bluetooth
Cameras
Near
Field
Comms
GSM/CDMA
24. Ray Poynter, The Future Place – JMRX Lectures 2015
Aberdeen
tracks
‘hundreds
of
thousands’
25. Ray Poynter, The Future Place – JMRX Lectures 2015
Kingsgate
Shopping
Mall
Huddersfield,
Yorkshire
(UK)
26. Ray Poynter, The Future Place – JMRX Lectures 2015
Mount
Sinai
Hospital
Mount
Sinai
are
using
Big
Data
approaches
to
uElise
data
to
make
personalised
health
and
treatment
predicEons.
Project
led
by
Jeff
Hammerbacher,
a
30-‐
year-‐old
known
for
being
Facebook’s
first
data
scienEst.
27. Ray Poynter, The Future Place – JMRX Lectures 2015
Big Data Failures
28. Ray Poynter, The Future Place – JMRX Lectures 2015
The
Signal
and
the
Noise
–
Nate
Silver
29. Ray Poynter, The Future Place – JMRX Lectures 2015
Earthquakes
Given the abruptly self-organizing nature of earthquakes, it is extremely
unlikely that precursors can attain such levels of accuracy. I therefore
conclude that prediction of major earthquakes is, in any practical sense,
impossible.
Russ Evans, 1998
30. Ray Poynter, The Future Place – JMRX Lectures 2015
Big
Data
thinks
I
am
a
pregnant
dude!
http://www.carolroth.com/blog/google-dude-target-pregnant/
38. Correla0on
Annual
Chocolate
Consump0on
&
Nobel
Prizes
per
10
Million
of
Popula0on
New
England
Journal
of
Medicine.
39. Ray Poynter, The Future Place – JMRX Lectures 2015
Correla0on
and
Causa0on
1. CorrelaEon
predicts
the
past
– Which
is
someEmes
enough
– Especially
when
the
past
repeats
itself
2. CausaEon
is
needed
to
predict
new
futures
– But
causaEon
is
hard
to
establish
in
the
real
world
3. Experiments
are
key
– Market
research
can
help
40. Ray Poynter, The Future Place – JMRX Lectures 2015
Perverse
incen0ves
• Colonial
Hanoi
–
bounEes
for
rats
tails
• Duplessis
Orphans
–
Canada
1945-‐60,
Orphans=70
cents,
mentally
ill
$2.25,
20K
children
confined
• Paying
for
acEon
(e.g.
doctors
and
firemen)
decreases
prevenEon
work
• Facebook
likes
correlate
with
success
–
unless
they
are
set
as
a
target,
creaEng
a
black
market
in
them
• TwiVer
menEons
correlate
with
success
–
unless
they
are
benchmarked,
creaEng
value
in
them
• Big
Data
benchmarks
change
behaviour
to
improve
scores,
rather
than
underlying
performance
41. Ray Poynter, The Future Place – JMRX Lectures 2015
Where
are
the
data
scien0sts
going
to
come
from?
Google Trends
42. Ray Poynter, The Future Place – JMRX Lectures 2015
MARKET
RESEARCH
AND
ANALYTICS
43. Ray Poynter, The Future Place – JMRX Lectures 2015
Aribu0on
Modelling
44. Ray Poynter, The Future Place – JMRX Lectures 2015
Knowing
where
to
dig
and
digging
Lucien
Bowater,
Director
Strategy
and
Insight
at
BSkyB
–
UK
media
company
MRS
Conference,
UK,
2013
Issue
MR
Digs
Big
Data
AcEon
CEO
PaVern
Big
Data
Digs
MR
AcEon
CEO
45. Ray Poynter, The Future Place – JMRX Lectures 2015
T
hVps://www.ted.com/talks/
ben_wellington_how_we_found_the_worst_place_to_park_in_new_york_city_using_big_data
47. Ray Poynter, The Future Place – JMRX Lectures 2015
Where
to
dig
and
digging
1. When
is
rush
hour?
MR
asks
the
quesEon,
Big
Data
digs
2. Why
is
this
fire
hydrant
generaEng
so
much
money
in
parking
Eckets?
Big
Data
asks
the
quesEons,
but
it
was
Qual
that
answered
it.
48. Ray Poynter, The Future Place – JMRX Lectures 2015
Thank You!
Questions?
49. Ray Poynter, The Future Place – JMRX Lectures 2015
IMPLICATIONS
FOR
JAPAN?
1. What
new
skills
do
we
need?
2. What
new
people
do
we
need?
3. What
new
tools
do
we
need?
4. How
should
MR
work
with
Big
Data
and
Analy0cs?