BIG DATA ANALYTICS FOR SMES
Relevant, Smart and Useful
Vandana Saini
Senior Research Scientist/Big Data Analyst
Geotab Inc.
Van.saini@gmail.com
BIG DATA: MORE THAN JUST AN ENTERPRISE TREND
• Data may be perceived as “big”, but it is more than just an
enterprise trend
• Appropriate tools to analyze and visualize available data reveals
overlooked opportunities and actionable insights
SMES: DATA DIMENSIONS
As SMEs don't have access to the same amount of data as larger
corporations, does it mean
SMEs can't make use of Big Data?
• Volume: Use analytics to determine relevance within available
data
• Velocity: Drive to deal with torrents of data in real-time
• Variety: Managing, merging and governing varieties of data
• Variability: Inconsistent data flows with periodic peaks
• Complexity: Connect and create relationships, or the data can
quickly spiral out of control
VALUE OF BIG DATA FOR SMES
Big data market for small and medium-sized enterprises (SMEs)
will grow at a compound annual rate of 43 per cent until 2018
because the returns on investment meet client expectations.
0% 10% 20% 30% 40% 50% 60%
Make strategic decisions
Improve operational effectiveness
Faster analysis
Detailed analysis
Targeted marketing
New sources of competitive advantage
Better customer retention
Better product/service quality
Dramatic cost reduction
ADVANCED SKILLS AND TECHNOLOGIES
• Operational vs Analytical
• Big Data is not a single technology, technique or initiative.
• It is a variety of hardware/software architectures including
clustered parallel servers using Hadoop/MapReduce,
in-memory analytics etc.
• Challenge is adapting the right operational and decision
processes
CLOUD COMPUTING: THE WAY TO GO..
Rent compute power and software products from an external provider
as needed
Cost-effective platform for building big data analytics
Readily scalable
No upfront investment
Tap into new markets and data-driven decision making across the
business, all in real-time
0% 5% 10% 15% 20% 25% 30% 35% 40%
Adopted
Implementing
Considering
Not considering
Not sure
BIG DATA COMPANIES:
SOLUTIONS TAILORED TO SMES
• IBM Corp.
• Hewlett-Packard
• Oracle Corp.
• Teradata Corp.
• Amazon Web Services Inc.
• Cloudera Inc.
• Google Inc.
• Microsoft Corp.
CHOOSING APPROPRIATE
BIG DATA SOLUTION
BIG DATA: CHANGING THE RULES
• SMEs major investment includes:
Business management software and data analysis tools
• Reinventing the personalized service with greater insights
• Provide personalisation and customisation tailored to the
specific needs
• Look forward and change before the market does
REAL-TIME BUSINESS STATS
ACTIONABLE INSIGHTS
ADVANCED INTERACTIVE ANALYTICS
THE BIG DATA FAILURE: WHY PROJECTS FAIL?
• 55% SMEs of big data projects don’t get completed or fall short
of their objectives
• Lack of investment in both people and resources
• Choosing the right framework with low costs and low skill-gap
• Right organizational alignment
SURVEILLANCE AND PRIVACY
• Secure computations in distributed data frameworks
• Real-time security/Compliance monitoring
• Scalable and composable privacy-preserving data mining and
analytics
• Cryptographically enforced access control and secure
communication
• Granular access control and audits
INTELLIGENCE DRIVEN SECURITY
• Diverse data sources with security related information
• Automated tools to normalize diverse data types
• Advanced monitoring systems based on risk models
• Active control to mitigate high risk activities
• Centralized warehouse for security analysts to query
• Standardized views in machine readable forms
• N-tier infrastructures for scalability
CONCLUSION
Big data is here to stay..
Data-driven decision
making
•Massive data
•Networked
applications
environment
•Shared system and
analytics in cloud
Cloud Security
•Fast algorithm
•Detecting
dependencies
Scalability and
optimized fast
throughput
QUESTIONS?
Van.saini@gmail.com
905-301-7125

BigDataforSMEs

  • 1.
    BIG DATA ANALYTICSFOR SMES Relevant, Smart and Useful Vandana Saini Senior Research Scientist/Big Data Analyst Geotab Inc. Van.saini@gmail.com
  • 2.
    BIG DATA: MORETHAN JUST AN ENTERPRISE TREND • Data may be perceived as “big”, but it is more than just an enterprise trend • Appropriate tools to analyze and visualize available data reveals overlooked opportunities and actionable insights
  • 3.
    SMES: DATA DIMENSIONS AsSMEs don't have access to the same amount of data as larger corporations, does it mean SMEs can't make use of Big Data? • Volume: Use analytics to determine relevance within available data • Velocity: Drive to deal with torrents of data in real-time • Variety: Managing, merging and governing varieties of data • Variability: Inconsistent data flows with periodic peaks • Complexity: Connect and create relationships, or the data can quickly spiral out of control
  • 4.
    VALUE OF BIGDATA FOR SMES Big data market for small and medium-sized enterprises (SMEs) will grow at a compound annual rate of 43 per cent until 2018 because the returns on investment meet client expectations. 0% 10% 20% 30% 40% 50% 60% Make strategic decisions Improve operational effectiveness Faster analysis Detailed analysis Targeted marketing New sources of competitive advantage Better customer retention Better product/service quality Dramatic cost reduction
  • 5.
    ADVANCED SKILLS ANDTECHNOLOGIES • Operational vs Analytical • Big Data is not a single technology, technique or initiative. • It is a variety of hardware/software architectures including clustered parallel servers using Hadoop/MapReduce, in-memory analytics etc. • Challenge is adapting the right operational and decision processes
  • 6.
    CLOUD COMPUTING: THEWAY TO GO.. Rent compute power and software products from an external provider as needed Cost-effective platform for building big data analytics Readily scalable No upfront investment Tap into new markets and data-driven decision making across the business, all in real-time 0% 5% 10% 15% 20% 25% 30% 35% 40% Adopted Implementing Considering Not considering Not sure
  • 7.
    BIG DATA COMPANIES: SOLUTIONSTAILORED TO SMES • IBM Corp. • Hewlett-Packard • Oracle Corp. • Teradata Corp. • Amazon Web Services Inc. • Cloudera Inc. • Google Inc. • Microsoft Corp.
  • 8.
  • 9.
    BIG DATA: CHANGINGTHE RULES • SMEs major investment includes: Business management software and data analysis tools • Reinventing the personalized service with greater insights • Provide personalisation and customisation tailored to the specific needs • Look forward and change before the market does
  • 11.
  • 12.
  • 13.
    THE BIG DATAFAILURE: WHY PROJECTS FAIL? • 55% SMEs of big data projects don’t get completed or fall short of their objectives • Lack of investment in both people and resources • Choosing the right framework with low costs and low skill-gap • Right organizational alignment
  • 14.
    SURVEILLANCE AND PRIVACY •Secure computations in distributed data frameworks • Real-time security/Compliance monitoring • Scalable and composable privacy-preserving data mining and analytics • Cryptographically enforced access control and secure communication • Granular access control and audits
  • 15.
    INTELLIGENCE DRIVEN SECURITY •Diverse data sources with security related information • Automated tools to normalize diverse data types • Advanced monitoring systems based on risk models • Active control to mitigate high risk activities • Centralized warehouse for security analysts to query • Standardized views in machine readable forms • N-tier infrastructures for scalability
  • 16.
    CONCLUSION Big data ishere to stay.. Data-driven decision making •Massive data •Networked applications environment •Shared system and analytics in cloud Cloud Security •Fast algorithm •Detecting dependencies Scalability and optimized fast throughput
  • 17.