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Big Data
What does it mean?
How do we mine it?
May 2013
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
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
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
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
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
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
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
Transactions, Interactions & Observations

IASA May 2013 | 9
© 2013 Agile Technologies, LLC
Images of Horses Can be Instructive

By changing the amount of data we change the essence of
what we see.
© 2013 Agile Technologies, LLC
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
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
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
Big Data in the Gartner Hype Cycle

IASA May 2013 | 14
© 2013 Agile Technologies, LLC
There are Less Scientific Hype Indicators

IASA May 2013 | 15
© 2013 Agile Technologies, LLC
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
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
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
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
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
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
Some Patterns

© 2013 Agile Technologies, LLC
Some Patterns

© 2013 Agile Technologies, LLC
Some Patterns

© 2013 Agile Technologies, LLC
Questions ?

© 2013 Agile Technologies, LLC
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
In conclusion…

© 2013 Agile Technologies, LLC
Contacts

John Johansen
Partner
Agile Technologies, LLC
685 Route 202/206
Bridgewater, NJ 08807
jjohansen@agiletech.com
www.agiletech.com

© 2013 Agile Technologies, LLC

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Big Data & The Role Analytics Can Play In Our Organizations

  • 1. Big Data What does it mean? How do we mine it? May 2013
  • 2. 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
  • 9. Transactions, Interactions & Observations IASA May 2013 | 9 © 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
  • 22. Some Patterns © 2013 Agile Technologies, LLC
  • 23. Some Patterns © 2013 Agile Technologies, LLC
  • 24. Some Patterns © 2013 Agile Technologies, LLC
  • 25. Questions ? © 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
  • 27. In conclusion… © 2013 Agile Technologies, LLC
  • 28. Contacts John Johansen Partner Agile Technologies, LLC 685 Route 202/206 Bridgewater, NJ 08807 jjohansen@agiletech.com www.agiletech.com © 2013 Agile Technologies, LLC

Editor's Notes

  1. 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.
  2. 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…