More Related Content Similar to Big Data & The Role Analytics Can Play In Our Organizations (20) Big Data & The Role Analytics Can Play In Our Organizations2. Session Objective
Who saw that coming!
Identifying patterns of risk performance is critical to anticipating and planning
for the unexpected.
•
•
Powerful tools are emerging to help identify patterns and make predictions of potential risks.
These predictive analytics will allow companies to focus on the real trouble spots and
develop the right conclusions.
This session will explore and demonstrate these tools while identifying potential
applications and solutions in our day-to-day lives.
At the conclusion of the session participants will understand
•
•
The role that analytics can play in our organizations.
How these tools can identify elevated risk and help plan effective mitigation strategies.
© 2013 Agile Technologies, LLC
3. Agenda
Big Data Explained
A Real Live Demo of a Mining
Process
Why Are These Solutions
Emerging Now ?
Questions
Key Players in the Market
Wrap - Up
Some Common and Not-so
Common Applications in our
Businesses
The Steps in the Mining Process
© 2013 Agile Technologies, LLC
4. But First… a Poll Question!
Which of the following is NOT associated with having a
high IQ?
A. Curly Fries
B.
The Colbert Report
C.
Lord of the Rings
D.
Science
E.
VW Jettas
© 2013 Agile Technologies, LLC
5. But First… a Poll Question!
Which of the following is NOT associated with having a
high IQ?
A. Curly Fries Top Answer
B.
The Colbert Report
C.
Lord of the Rings
D.
Science
E.
VW Jettas Correct Answer!
© 2013 Agile Technologies, LLC
6. A Definition ?
“Big data refers to things one can do at a large scale that
cannot be done at a smaller one, to extract new insights or
create new forms of value in ways that change markets,
organizations, the relationship between citizens and
governments, and more”
Viktor Mayer-Schonberger
Kenneth Cukier
Big Data
© 2013 Agile Technologies, LLC
7. A Definition ?
“Big data refers to things one can do at a large scale that
cannot be done at a smaller one, to extract new insights or
create new forms of value in ways that change markets,
organizations, the relationship between citizens and
governments, and more”
Viktor Mayer-Schonberger
Kenneth Cukier
Big Data
© 2013 Agile Technologies, LLC
8. Big Data Explained
RF Tagging
Unstructured Data
Healthcare Monitoring
Variety
Sensor Data
> Peta? Zetta
Velocity
Voice of the Customer
Real Time Data
Text Analysis
Volume
IASA May 2013 | 8
© 2013 Agile Technologies, LLC
10. Images of Horses Can be Instructive
By changing the amount of data we change the essence of
what we see.
© 2013 Agile Technologies, LLC
11. Another Poll Question!
Which of the following is NOT associated with being in a
relationship?
A. Weight Watchers
B.
Scrapbooking
C.
Huggies
D.
I love My Husband
E.
Golden Retrievers
© 2013 Agile Technologies, LLC
12. Another Poll Question!
Which of the following is NOT associated with being in a
relationship?
A. Weight Watchers Top Answer
B.
Scrapbooking
C.
Huggies
D.
I love My Husband
E.
Golden Retrievers Correct Answer
© 2013 Agile Technologies, LLC
13. Real World Examples
Google and the Flu
• Google receives 3billion searches a day.
• They took the 50m most common search terms people
type, and compared that to CDC data on the spread of
the flu.
• Their solution compared search terms to where the CDC
said the flu was spreading.
• They identified 45 search terms that when their use
spiked it reliably predicted the flu in an area. In real
time.
© 2013 Agile Technologies, LLC
14. Big Data in the Gartner Hype Cycle
IASA May 2013 | 14
© 2013 Agile Technologies, LLC
15. There are Less Scientific Hype Indicators
IASA May 2013 | 15
© 2013 Agile Technologies, LLC
16. Why Now?
• Chances are, the tools you need are the tools you have.*
• At long last, the data that you need is the data that you have.
• The processing power that you need is the processing power that
you have.*
* And if you don’t already have them, they are
readily available with very reasonable ROI
IASA May 2013 | 16
© 2013 Agile Technologies, LLC
17. Another Poll Question!
Which of the following is NOT associated with being
single?
A. Applebee’s
B.
Hunger Games
C.
Usain Bolt
D.
Maria Sharapova
E.
Sonny with a Chance
© 2013 Agile Technologies, LLC
18. Another Poll Question!
Which of the following is NOT associated with being
single?
A. Applebee’s Top Answer & Correct Answer
B.
Hunger Games
C.
Usain Bolt
D.
Maria Sharapova
E.
Sonny with a Chance
© 2013 Agile Technologies, LLC
19. Data Is Increasingly A Differentiator
High
Predictive Analytics
Differentiation
Operational Analytics
Data Discovery
Interactive Dashboards
Production Reporting
Low
Low
Sophistication
High
IASA May 2013 | 19
© 2013 Agile Technologies, LLC
20. What is with the Poll Questions?
Earlier this year the Wall Street Journal ran a story about a study
reported in the Proceedings of the National Academy of Sciences.
“Patterns of “Likes” posted by people on Facebook can unintentionally
expose their political and religious views, drug use, divorce and sexual
orientation.”
58,000 people offered to participate in the study and share their
demographic information and their “Likes.”
Which leads us to our demonstration!
© 2013 Agile Technologies, LLC
21. Demonstration
The reporters used big data tools to find out the patterns of Facebook
“Likes.”
We are using a smaller dataset, but a similar set of tools. These tools
are available to any Facebook user.
We are going to look at three sets of data, and see what relationships
exist among the “Likes” of my friends (anonymously of course).
© 2013 Agile Technologies, LLC
26. In conclusion…
Big Data Explained
A Real Live Demo of a Mining
Process
Why Are These Solutions
Emerging Now ?
Questions
Key Players in the Market
Some Common and Not-so
Common Applications in our
Businesses
The Steps in the Mining Process
© 2013 Agile Technologies, LLC
Editor's Notes Implants in Cows monitor health & movement and environment. Generates 200 megabytes of information per year. Per cow.Poker ChipsWe now create as much information in two days as we did from the dawn of civilization to 2003. Eric Schmidt CEO Google. So this is the most recent edition of the HBR. When I saw this I actually laughed out loud. I was thinking “Well, now this must be hype in overdrive – I wonder if this the commercial equivalent of the Sports Illustrated Jinx.” Time will tell…