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1
Know
Data
Capital?
What gets
measured, gets
managed
- Peter Drucker
The price of light is
less than the cost of
darkness
- Arthur C. Nielsen
War is ninety
percent
information
- Napoleon
In God we Trust.
All others must
bring Data
- Edward Deming
Building Oracle is
like doing math
puzzles as a kid
- Larry Ellison
He who would
search for pearls
must dive below
- John Dryden, poet,
17th century
Data Scientist:
Sexiest job of the
21st Century
- HBR
Consulting on the
Cusp of Disruption
- Clayton Christensen
Data is now a kind of
capital, on par with
financial capital
- Oracle
Data analysis is a
creative process
- Tableau
The world is one
big data problem
- Andrew McAfee
Data Analysis
Putting Data Capital to Work
Mohit Mahendra
Analyst / Strategist
Oracle Corp
Views are a professional point of view, synthesized from multiple sources.
Its All About Decisions
3
“…It is possible for executives—and companies—
to significantly improve their chances of success
by making one straightforward (albeit not simple)
change: expanding their tool kit of decision support
tools and understanding which tools work best for
which decisions.”
- Deciding How to Decide, HBR
Reports
Scorecards
Dashboards
Drill-down
Decisions
Both Intuition and Analytics Matter For Big Decisions
4
Average value of future
profitability of big
decisions made by
technology industry
executives
Tech executives relied
on Data & Analytics
Inputs the most for
their last big decision
63%
53%
Tech executives expect to make
a big decision at least once per
month. Just as many plan to
revisit their most important
decisions every 3-6 months.
Tech executives have changed
the way they approach big
decision making as a result of
Data & Analytics, over the last
24 months.
Source: PwC’s Global Data & Analytics Survey 2014: Big Decisions
$320M
43%
29%
28%
Own
Experience
& Intuition
Experience
of others
What Are Big Decisions?
5
Source: PwC’s Global Data & Analytics Survey 2014: Big Decisions
Top goals for big decisions, among Technology industry executives
What Does An Analyst Do?
Oracle Confidential – Internal
6
1. Perspective – Data discovery
and strategic business analysis
2. Impact – How effectively did a
strategy work? Why or why
not?
3. Projection – What will a
strategy look like?
4. Recommendation - What
strategy will work best?
Analytics to Innovate, Differentiate and Compete
New Expectations of an Analyst
7
AGILE
Decisions
STRATEGIC
FUELS INNOVATION
CREATIVE
DATASCIENTIST
Problem Solver
BUSINESS KNOWLEDGE
DATA WRANGLER
COMPETITIVE
EDGE
VISUAL&ARTISTIC
OPTIMIZATION
ANALYTIC
SKILLS
RESEARCHER
ACADEMIC
COMMUNICATION
BIG PICTURE
NUMBERS
MATH
LEARNING
TOOLS
EXPERIMENTS
Functional Tracks of Decision Science
DATA
TOOLS & SKILLS
ANALYSIS & MODELS
QUESTIONS
DECISIONS
STRATEGY
SYSTEMS & INFRASTRUCTURE
FASTER, BETTER SKILLS
SCALE w/ LOWER COST SKILLS
BETTER TOOLING
CUSTOM TOOLING
REUSABLE IP
ANALYTICS
SPEED / SCALE
Business
Value
Productive
Value
ANSWERS
Business Intelligence has evolved
Old Model New Model
Reporting & Dashboards
Back-Office / Tactical
BI Systems of Record
Low Adoption among Users
Decisions needing Consistency
IT-Centric Producers vs Consumers
Waterfall Development
One-stop Data Warehouse
HIPPO
Discovery, Exploration, Storytelling
Business Competency / Strategic
BI Systems of Innovation
Ad-hoc, Self-serve BI
Decisions needing Agility
Business-Centric ‘Prosumers’
Rapid Time to Insight
Data lakes / Fail fast, fail cheap analytic models
Wisdom of Crowds
Key Competencies
Product, Market
& Industry
Knowledge
Data
Modeling &
Tool Skills
Quant,
Financial &
Analytic
Skills
Market/
Fin Analyst
BI
Analyst
Ops/
Business
Analyst
The Decision Science Venn Diagram,
inspired by The Data Science Venn Diagram (2010)
DECISION
SCIENCE
Source: Business Intelligence: A Core Business Competency, Gartner 2014
• “Although art and analytics may seem different, there is a common thread: both are on a mission to reveal truth and impart
meaning, both challenge their viewers to look at the world through a different lens, both rely on observation and curiosity and
encourage creative problem-solving.” – Christian Chabot, Tableau Keynote
• “Somebody will always have to open the can.”
VS.
Keeping Ahead: Man vs Machine
• Computers
• Dispassionate analysis
• Data and statistics
• Discipline and rigor
• People
• Passionate advocacy
• Intuition
• Creativity and insight
Tableau Keynote
Thanks 
Email: mohit.mahendra@oracle.com
Social: LinkedIn, Twitter, Quora, Pinterest

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Data Analysis: Putting Data Capital to Work

  • 1. 1 Know Data Capital? What gets measured, gets managed - Peter Drucker The price of light is less than the cost of darkness - Arthur C. Nielsen War is ninety percent information - Napoleon In God we Trust. All others must bring Data - Edward Deming Building Oracle is like doing math puzzles as a kid - Larry Ellison He who would search for pearls must dive below - John Dryden, poet, 17th century Data Scientist: Sexiest job of the 21st Century - HBR Consulting on the Cusp of Disruption - Clayton Christensen Data is now a kind of capital, on par with financial capital - Oracle Data analysis is a creative process - Tableau The world is one big data problem - Andrew McAfee
  • 2. Data Analysis Putting Data Capital to Work Mohit Mahendra Analyst / Strategist Oracle Corp Views are a professional point of view, synthesized from multiple sources.
  • 3. Its All About Decisions 3 “…It is possible for executives—and companies— to significantly improve their chances of success by making one straightforward (albeit not simple) change: expanding their tool kit of decision support tools and understanding which tools work best for which decisions.” - Deciding How to Decide, HBR Reports Scorecards Dashboards Drill-down Decisions
  • 4. Both Intuition and Analytics Matter For Big Decisions 4 Average value of future profitability of big decisions made by technology industry executives Tech executives relied on Data & Analytics Inputs the most for their last big decision 63% 53% Tech executives expect to make a big decision at least once per month. Just as many plan to revisit their most important decisions every 3-6 months. Tech executives have changed the way they approach big decision making as a result of Data & Analytics, over the last 24 months. Source: PwC’s Global Data & Analytics Survey 2014: Big Decisions $320M 43% 29% 28% Own Experience & Intuition Experience of others
  • 5. What Are Big Decisions? 5 Source: PwC’s Global Data & Analytics Survey 2014: Big Decisions Top goals for big decisions, among Technology industry executives
  • 6. What Does An Analyst Do? Oracle Confidential – Internal 6 1. Perspective – Data discovery and strategic business analysis 2. Impact – How effectively did a strategy work? Why or why not? 3. Projection – What will a strategy look like? 4. Recommendation - What strategy will work best? Analytics to Innovate, Differentiate and Compete
  • 7. New Expectations of an Analyst 7 AGILE Decisions STRATEGIC FUELS INNOVATION CREATIVE DATASCIENTIST Problem Solver BUSINESS KNOWLEDGE DATA WRANGLER COMPETITIVE EDGE VISUAL&ARTISTIC OPTIMIZATION ANALYTIC SKILLS RESEARCHER ACADEMIC COMMUNICATION BIG PICTURE NUMBERS MATH LEARNING TOOLS EXPERIMENTS
  • 8. Functional Tracks of Decision Science DATA TOOLS & SKILLS ANALYSIS & MODELS QUESTIONS DECISIONS STRATEGY SYSTEMS & INFRASTRUCTURE FASTER, BETTER SKILLS SCALE w/ LOWER COST SKILLS BETTER TOOLING CUSTOM TOOLING REUSABLE IP ANALYTICS SPEED / SCALE Business Value Productive Value ANSWERS
  • 9. Business Intelligence has evolved Old Model New Model Reporting & Dashboards Back-Office / Tactical BI Systems of Record Low Adoption among Users Decisions needing Consistency IT-Centric Producers vs Consumers Waterfall Development One-stop Data Warehouse HIPPO Discovery, Exploration, Storytelling Business Competency / Strategic BI Systems of Innovation Ad-hoc, Self-serve BI Decisions needing Agility Business-Centric ‘Prosumers’ Rapid Time to Insight Data lakes / Fail fast, fail cheap analytic models Wisdom of Crowds
  • 10. Key Competencies Product, Market & Industry Knowledge Data Modeling & Tool Skills Quant, Financial & Analytic Skills Market/ Fin Analyst BI Analyst Ops/ Business Analyst The Decision Science Venn Diagram, inspired by The Data Science Venn Diagram (2010) DECISION SCIENCE
  • 11. Source: Business Intelligence: A Core Business Competency, Gartner 2014
  • 12. • “Although art and analytics may seem different, there is a common thread: both are on a mission to reveal truth and impart meaning, both challenge their viewers to look at the world through a different lens, both rely on observation and curiosity and encourage creative problem-solving.” – Christian Chabot, Tableau Keynote • “Somebody will always have to open the can.” VS. Keeping Ahead: Man vs Machine • Computers • Dispassionate analysis • Data and statistics • Discipline and rigor • People • Passionate advocacy • Intuition • Creativity and insight Tableau Keynote
  • 13. Thanks  Email: mohit.mahendra@oracle.com Social: LinkedIn, Twitter, Quora, Pinterest