Analytics

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Analytics

  1. 1. ANALYTICS Deepak Agarwal MDI Gurgaon
  2. 2. Agenda <ul><li>Views on Analytics </li></ul><ul><li>What is Analytics </li></ul><ul><li>Evolution </li></ul><ul><li>Relevance </li></ul><ul><li>Process </li></ul><ul><li>Capabilities </li></ul><ul><li>Technologies </li></ul><ul><li>Applications </li></ul><ul><li>Associations </li></ul><ul><li>Vendors & players </li></ul><ul><li>Present & Future </li></ul>
  3. 3. What leaders say about Analytics
  4. 4. Analytics. What’s this ?
  5. 5. Analytics in a Nut Shell
  6. 6. Analytics in a Nut Shell
  7. 7. Text Mining - Analytics Evolution Evolutionary Step Business Question Characteristics Data Collection (1960s) What was the total sales in the last 5 years? Retrospective, static data delivery Data Access (1980s) What were the unit sales in India in November? Retrospective, dynamic data delivery at record level Data warehousing & decision support (1990s) What were the unit sales in India in November? drill down to US ? Retrospective, dynamic data delivery at multiple levels Data mining (emerging today) What’s likely to happen to India sales next month and why? Prospective, proactive information delivery
  8. 8. Relevance: Why & Where Why Where Burgeoning field Business intelligence applications Massive data Huge easily available data Powerful computers Articles, Abstracts, Books, Memos Data Mining softwares Blogs, Reviews, Discussion Boards
  9. 9. Accenture Survey Results
  10. 10. Past, Process, Predict
  11. 11. Some Analytical Capabilities
  12. 12. Innovative Technologies’ Importance Source: Hurwitz & Associates
  13. 13. Technologies’ Applications Source: Hurwitz & Associates
  14. 14. Analytics’ Applications Algorithm
  15. 15. Some fields of Applications
  16. 16. Association & its Roles
  17. 17. Vendors
  18. 18. Players & Performance Source: Hurwitz & Associates
  19. 19. Market getting crowded each day… Source: Hurwitz & Associates
  20. 20. Recent Acquisition Trends
  21. 21. Recession
  22. 22. Future
  23. 23. References <ul><li>Competing on Analytics, Thomas H. Davenport, Don Cohen & Al Jacobson, May 2005 </li></ul><ul><li>The imperative of Analytics, Greg todd, Information Management Magazine, Mar 2, 2009 </li></ul><ul><li>http://fbhalper.wordpress.com/2008/06/12/four-questions-about-innovations-in-analysis/ </li></ul><ul><li>http://www.analyticsevolution.com/2009/07/forrester-wave-just-facts-please.html </li></ul><ul><li>http://it.toolbox.com/blogs/crm-realms/will-banks-drag-bi-down-into-a-recession-28514 </li></ul>

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