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From:                       Skornik, Charlotte
Sent:                       25 June 2012 12:19
To:                         Skornik, Charlotte
Subject:                    Analytical Thinking 8 - June 2012




  Analytical Thinking
Analytical Thinking 8 - A Newsletter
from the UK Business Analytics                                                                 June 2012
Team

   Introduction
   Introduction
   Welcome to the latest edition of Analytical Thinking, a newsletter from the UK
   Business Analytics community providing snippets of insight on what people have
   been saying about our capability over the last 2 weeks. To coincide with the launch
   of our Business Analytics and Big Data report, published since the last issue of
   Analytical Thinking and our joint ‗Big Data‘ offer with SAS, this edition focuses on
   some applications of Big Data that we‘ve found on the web over the last 2 weeks
   and articles relating to the benefits and challenges that Big Data presents.
                                                                                 back to top


   Applications of Big Data
    Big Data Provides Obama
                  with Political
                  Advantage                                             Digging into
                         The    depth      and                        the Past with
                         breadth     of    the                        Big Data
                         Obama campaign‘s
                         2012           digital                        Online    genealogy
                         operation — from         service Ancestry.com is trying to
    data mining to online organizing —            become like the Amazon or Netflix of
    reaches so far beyond anything politics       family     trees.   Much    like   those
    has ever seen. Experts maintain that it       companies use customer data to
    could impact the outcome of a close           recommend        products   or    movies
    presidential election. The article argues     customers might like, Ancestry.com
    that when the political race is as close      wants to feed its users relevant
    as this year‘s election promises to be,       historical records and other information
    data creates a real advantage, and that       on ancestors without making them
    is something that Obama has in                search through its database. This
    abundance, as more accurate data              article explains how Big Data is being
    means more insight, more money, more          used to let users dig into decades into
    message distribution, and ultimately          their family histories.
    more votes.                                   See article
    See article
Turning Big Data Into Action:                     Banks Harnessing Big Data
              Knowing when                            to Analyse Customers
                 to Evacuate                               Shopping Habits
                      This            article                         Banks            are
                      describes a tool,                               teaming-up      with
                      which uses historical                           retailers to target
                      and meteorological                              customers         by
                      data to generate a                              analyzing        the
risk profile for residents of a city in real-                         customer data they
time associated with hurricanes. The            collect more closely. This article on
tool was inspired by the mass                   Computing.co.uk argues that in a
evacuations      that   occurred      during    mature market, such as the US, UK or
Hurricane Rita in 2005. Millions of             Canada, where credit is a mature
Houstonians fled the storm and blocked          industry and people have a wallet full
major roadways. Not all of those who            of credit cards, it is naïve for a bank to
left needed too, but with absent hard           believe that the way it is going to grow
data it‘s hard to know what to do if            revenues is simply by issuing more
you‘re reading about a Category 5               credit cards, therefore the issue for
storm heading your way. The article             banks is not how to increase the
argues that this tool illustrates the           amount of cards but how to get the
promise of big data, i.e. ‗a decision‘          user to use our card, which is an
arguing: ―Data — even prettied into a           analogous problem to a retailer‘s study
chart — isn‘t what most people are              of customer analytics.
after. They just want to know what they
should do‖.
                                                See article
See article

                                                                                back to top

Big Data – The Benefits and The Challenges
The More                   Big Ethics for Big Big Data
 Pervasive the              Data               Challenges
 Analytics, the                                Organizations
 Better the ROI             As       the    collection,   This article references
 If you‘ve had your         organization           and    our very own big data
 doubts about the           retention of data has         study, which has been
 benefits of business       become commonplace in         referenced by over 1000
 analytics (business        modern business, the          social media posts –
 intelligence, product      ethical       implications    stating its main findings
 management and             behind big data have also     that over the last few
 predictive analytics), a   grown in importance.          years, an avalanche of
 study from Nucleus         Who really owns this          data—both structured
 Research might go a        information?    Who      is   and unstructured—has
 long way toward            ultimately responsible for    pushed organizations to
 dispelling them. The       maintaining it? What are      the breaking point. This
 research, titled ―The      the privacy issues and        articles conclusion from
 Stages of an Analytic      obligations? What uses of     our study: CIOs and
 Enterprise,‖ shows         technology are ethical —      other IT executives
 enterprises attain an      or not — when it comes        recognize that their
 average ROI of 188         to big data? These are        ability to achieve success
 percent in the initial     the questions the authors     is now heavily dependent
 automation phase and       address in the following      on tapping into big data
 an average of 1,209        article.                      and putting it to full use.
 percent in the later       See article                   See article
 predictive phase. This
 article explains how
 companies gain a
 greater ROI as they
 broaden and deepen
 their use of analytics,
 including using Big Data
 capabilities to examine
 large and complex data
 sets.
 See article




Footnote
Figure It Out Blog
   Have you visited the Figure it out blog yet?


Feedback
We hope that you have enjoyed reading this eighth edition of Analytical Thinking
and hope that it has provided you with a good insight into some of the value that is
currently being realised through Business Analytics solutions. If you would like to
find out more about our services and propositions then please contact Nigel Lewis
or Jon Chadwick. If you have any suggestions on how we can improve this
newsletter or if you have received it via a colleague and would like to subscribe
then please contact Charlotte Skornik. If you spot an article that is Business
Analytics related then we'd like to know about it, please submit it to Charlotte
Skornik, and it may appear in the next edition of Analytical Thinking!
This is a fortnightly newsletter, if you have received it in error or no longer wish to
subscribe, please contact Charlotte Skornik
back to top




         The information contained in this newsletter is proprietary and confidential.
It is for Capgemini internal use only. Copyright © 2012. All rights reserved by Capgemini.
subscribe to this newsletter




This is a fortnightly newsletter, if you don’t want to receive it anymore, please let me know.

Regards,

Charlotte Skornik
Operational Research

charlotte.skornik@capgemini.com
Tel: +44 (0) 870 904 5666 - Mob: +44 (0) 789 115 5666
www.uk.capgemini.com
40 Holborn Viaduct - London - EC1N 2PB




Connect with us:



Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group

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Analytical thinking 8 - June 2012

  • 1. From: Skornik, Charlotte Sent: 25 June 2012 12:19 To: Skornik, Charlotte Subject: Analytical Thinking 8 - June 2012 Analytical Thinking Analytical Thinking 8 - A Newsletter from the UK Business Analytics June 2012 Team Introduction Introduction Welcome to the latest edition of Analytical Thinking, a newsletter from the UK Business Analytics community providing snippets of insight on what people have been saying about our capability over the last 2 weeks. To coincide with the launch of our Business Analytics and Big Data report, published since the last issue of Analytical Thinking and our joint ‗Big Data‘ offer with SAS, this edition focuses on some applications of Big Data that we‘ve found on the web over the last 2 weeks and articles relating to the benefits and challenges that Big Data presents. back to top Applications of Big Data Big Data Provides Obama with Political Advantage Digging into The depth and the Past with breadth of the Big Data Obama campaign‘s 2012 digital Online genealogy operation — from service Ancestry.com is trying to data mining to online organizing — become like the Amazon or Netflix of reaches so far beyond anything politics family trees. Much like those has ever seen. Experts maintain that it companies use customer data to could impact the outcome of a close recommend products or movies presidential election. The article argues customers might like, Ancestry.com that when the political race is as close wants to feed its users relevant as this year‘s election promises to be, historical records and other information data creates a real advantage, and that on ancestors without making them is something that Obama has in search through its database. This abundance, as more accurate data article explains how Big Data is being means more insight, more money, more used to let users dig into decades into message distribution, and ultimately their family histories. more votes. See article See article
  • 2. Turning Big Data Into Action: Banks Harnessing Big Data Knowing when to Analyse Customers to Evacuate Shopping Habits This article Banks are describes a tool, teaming-up with which uses historical retailers to target and meteorological customers by data to generate a analyzing the risk profile for residents of a city in real- customer data they time associated with hurricanes. The collect more closely. This article on tool was inspired by the mass Computing.co.uk argues that in a evacuations that occurred during mature market, such as the US, UK or Hurricane Rita in 2005. Millions of Canada, where credit is a mature Houstonians fled the storm and blocked industry and people have a wallet full major roadways. Not all of those who of credit cards, it is naïve for a bank to left needed too, but with absent hard believe that the way it is going to grow data it‘s hard to know what to do if revenues is simply by issuing more you‘re reading about a Category 5 credit cards, therefore the issue for storm heading your way. The article banks is not how to increase the argues that this tool illustrates the amount of cards but how to get the promise of big data, i.e. ‗a decision‘ user to use our card, which is an arguing: ―Data — even prettied into a analogous problem to a retailer‘s study chart — isn‘t what most people are of customer analytics. after. They just want to know what they should do‖. See article See article back to top Big Data – The Benefits and The Challenges
  • 3. The More Big Ethics for Big Big Data Pervasive the Data Challenges Analytics, the Organizations Better the ROI As the collection, This article references If you‘ve had your organization and our very own big data doubts about the retention of data has study, which has been benefits of business become commonplace in referenced by over 1000 analytics (business modern business, the social media posts – intelligence, product ethical implications stating its main findings management and behind big data have also that over the last few predictive analytics), a grown in importance. years, an avalanche of study from Nucleus Who really owns this data—both structured Research might go a information? Who is and unstructured—has long way toward ultimately responsible for pushed organizations to dispelling them. The maintaining it? What are the breaking point. This research, titled ―The the privacy issues and articles conclusion from Stages of an Analytic obligations? What uses of our study: CIOs and Enterprise,‖ shows technology are ethical — other IT executives enterprises attain an or not — when it comes recognize that their average ROI of 188 to big data? These are ability to achieve success percent in the initial the questions the authors is now heavily dependent automation phase and address in the following on tapping into big data an average of 1,209 article. and putting it to full use. percent in the later See article See article predictive phase. This article explains how companies gain a greater ROI as they broaden and deepen their use of analytics, including using Big Data capabilities to examine large and complex data sets. See article Footnote Figure It Out Blog Have you visited the Figure it out blog yet? Feedback We hope that you have enjoyed reading this eighth edition of Analytical Thinking and hope that it has provided you with a good insight into some of the value that is currently being realised through Business Analytics solutions. If you would like to find out more about our services and propositions then please contact Nigel Lewis or Jon Chadwick. If you have any suggestions on how we can improve this newsletter or if you have received it via a colleague and would like to subscribe then please contact Charlotte Skornik. If you spot an article that is Business Analytics related then we'd like to know about it, please submit it to Charlotte Skornik, and it may appear in the next edition of Analytical Thinking! This is a fortnightly newsletter, if you have received it in error or no longer wish to subscribe, please contact Charlotte Skornik
  • 4. back to top The information contained in this newsletter is proprietary and confidential. It is for Capgemini internal use only. Copyright © 2012. All rights reserved by Capgemini.
  • 5. subscribe to this newsletter This is a fortnightly newsletter, if you don’t want to receive it anymore, please let me know. Regards, Charlotte Skornik Operational Research charlotte.skornik@capgemini.com Tel: +44 (0) 870 904 5666 - Mob: +44 (0) 789 115 5666 www.uk.capgemini.com 40 Holborn Viaduct - London - EC1N 2PB Connect with us: Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group