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© 2016 Ventana Research1 © 2016 Ventana Research
Governing and Preparing Data
for Analytics and Business
Information Builders Summit - June 14, 2016
Mark Smith - CEO & Chief Research Officer
© 2016 Ventana Research2 © 2016 Ventana Research2
Digital Data All Over Planet Earth
© 2016 Ventana Research3 © 2016 Ventana Research3
New Generation of Information Assets
© 2016 Ventana Research4 © 2016 Ventana Research4
Data is Center of Analytics
© 2016 Ventana Research5 © 2016 Ventana Research5
Data Required Across Business Personas
The following usage roles operate across
business that require data:
Information Consumers
• Digest information and perform basic
interactions
Knowledge Workers
• Utilize and interact analytics to drive actions
and decisions.
Designers
• Enable the design and use of information
across roles.
Analysts
• Mashup data and design analytics to provide
foundational insights for business.
Data Geeks
• Enable big data to be exploited in an immature
world through Data Scientists.
IT and Business Intelligence Experts
• Utilize the tools to provide secured access to
data and related analytics and metrics.
© 2016 Ventana Research6 © 2016 Ventana Research6
Harmony in Discovery Requires Confidence
© 2016 Ventana Research7 © 2016 Ventana Research7
Discovery Requires Accurate Data
© 2016 Ventana Research8 © 2016 Ventana Research8
Breadth of Analytics Requires Quality Data
Related research facts:
•Range of analytics are needed
to meet the usage personas.
•Predictive analytics ranks
number five in analytic
capabilities currently available in
the organization (57%), lagging
more descriptive approaches of
query and reporting (74%)
•Visual analytics is used for
contextual understanding (48%)
and root cause analysis (40%)
Source: Ventana Research Big Data Analytics Benchmark Research
18%47%
Advanced /
predictive
26%13%
Descriptive
analytics
20%16%
Real-time
analytics
13%9%Visual Analytics
In-database
analytics
In-memory
analytics
SecondFirst
Importance
15%9%
7%4%
© 2016 Ventana Research9 © 2016 Ventana Research9
Range of Data Tasks are Required
Additional Data Tasks:
•Top five data activities are
essential but others like
auditing, loading,
synchronized, metadata and
transforming are important to
28 to 25 percent of
organizations.
•Preparing data is required
according to 27 percent of
companies but many other
tasks are a higher priority.
53%
52%
45%
44%
36%
To integrate data in both your enterprise and the
cloud, which data activities are required?
Analytics
Quality of Data
Security
Accessing
Extracting
Source: Ventana Data and Analytics in the Cloud Benchmark Research
© 2016 Ventana Research10 © 2016 Ventana Research10
But Analysts Waste Time on Data Tasks
Largest time spent on data related tasks:
Preparing Data for
Analysis
55%
Reviewing data for quality and
consistency
48%
Determine how
changes impact
business
21%
Trying to determine root
cause of situation
27%
Waiting for data and information
from IT
28%
Source: Ventana Research Data and Analytics in the Cloud Benchmark Research
© 2016 Ventana Research11 © 2016 Ventana Research11
Spreadsheets and Managing Data?
Unreliable Technology
• Swirl of spreadsheets
challenge business.
• Little confidence in the
accuracy of data.
• Almost half of business
export to integrate.
• Wasted time preparing
and presenting data.
© 2016 Ventana Research12 © 2016 Ventana Research12
Big Data Brings Governance Challenges
© 2016 Ventana Research13 © 2016 Ventana Research13
Big Data Demands Continues to Expand
Source: Ventana Research Information Optimization Benchmark Research
94%
of organizations intend to use big data.
23% have used for more than a year
56% have started deploying in past 12 months or will begin
to use within the next 12 months
45%
of organizations are either using
Hadoop or plan to use Hadoop over the
next year.
Another 26% are still evaluating the technology
© 2016 Ventana Research14 © 2016 Ventana Research14
Big Data in Cloud is Diversifying Rapidly
Related Research:
• Growth is distributed
across many
categories.
• Establishment of
NoSQL and growth of
in-memory noted as
part of research.
22%50%RDBMS
25%37%Flat files
26%37%
DW
Appliance
Hadoop
In-Memory
Databases
NoSQL
Current
Deployment
31%12%
34%24%
29%12%
Source: Ventana Research Data and Analytics in Cloud Benchmark Research
Plan in Next 24 Months
Specialize
d DBMS
24%10%
© 2016 Ventana Research15 © 2016 Ventana Research15
Frequency of Big Data is Reality
Related research facts:
•Nearly a one-in-four companies
integrate data into big data
stores in Real time, whereas, a
one-in-three businesses do it
Every day.
o Midsize (44%) companies
integrate data every day,
whereas.
o Data is integrated every day
by Services (40%) segment,
whereas, Manufacturing
(19%) integrates every hour.Source: Ventana Research Big Data Integration Benchmark Research
24%
16%
7%
30%
9%
Real time
Every hour
Every day
Weekly
Monthly
How often does your organization need to
integrate data into your big data store?
© 2016 Ventana Research16 © 2016 Ventana Research16
Big Data is Shifting to Real Time
Source: Ventana Research Big Data Integration Benchmark Research
43%
integrate event-centric data to big data.
28% integrate network traffic and monitoring.
41%
state relevance of Internet data sources.
Another 25% indicate relevance of location sources.
19%
state importance of Sensor & RFID data.
Another 17% indicate relevance of Internet-based event
cloud.
© 2016 Ventana Research17 © 2016 Ventana Research17
Big Data Creates Deluge of Challenges
© 2015 Ventana Research17
© 2016 Ventana Research18 © 2016 Ventana Research18
Big Data has Larger Data Challenges
1. Reviewing data for quality and
consistency (52%)
2. Preparing data for integration (46%)
3. Connecting to data sources (39%)
4. Deploying integration tasks (36%)
5. Designing tasks for integration (35%)
Source: Ventana Research Big Data Integration Benchmark Research
© 2016 Ventana Research19 © 2016 Ventana Research19
Examine New Approaches to Data
Assess Environment
• Only one-third of
organizations are satisfied
with their current
technology.
• More than half of
organizations said their
current infrastructure is not
fast enough or flexible
enough; almost half said
the technology is simply
inadequate.
• About half of organizations
turn to their existing
database or data
integration vendor.
© 2016 Ventana Research20 © 2016 Ventana Research20
Challenge of Effective Big Data Integration
Inefficient Processes
• Use data-based business
insights improves
competitiveness.
• Our research finds that more
than half (55%) of
organizations are only
somewhat confident or not at
all confident in their ability to
process large data volumes.
• Even more (58%) doubt their
ability to process data that
arrives at high velocity.
© 2016 Ventana Research21 © 2016 Ventana Research21
Sensor
Technology
Event
Orientation
Industry
Standards
Fast and
Big
Data
Advanced
Analytics
Security and
Privacy
“The Internet of Things (IoT)” Shift
© 2016 Ventana Research22 © 2016 Ventana Research22
Internet of Things has Business Potential
© 2016 Ventana Research23 © 2016 Ventana Research23
Internet of Things: Machines and Devices
© 2016 Ventana Research24 © 2016 Ventana Research24
Analytics Shifting to Information Assets
© 2016 Ventana Research
9
© 2016 Ventana Research25 © 2016 Ventana Research25
Data is Foundation for Analytics
Data
Model
Access
Analytics
Discovery
Integrate
Predict
Communication
Collaborate
Manage
Inform
Act
Automate
© 2016 Ventana Research26 © 2016 Ventana Research26
Effective Evaluation of Analytics & Data
Download Executive Summary
http://www.ventanaresearch.com/BIValueIndex/
© 2016 Ventana Research27 © 2016 Ventana Research27
Empower Analysts to Architect Data
© 2016 Ventana Research28 © 2016 Ventana Research28
Establish Process for Consistent Data
Improve Efficiency
• Enable personas with set of
tools to support information
value chain to exist.
• Publish methods to
transform data to meet
business standards.
• Identify and implement
means to automate data
preparation needs of
business.
© 2016 Ventana Research29 © 2016 Ventana Research29
Governing Data Assets as Librarians
© 2016 Ventana Research30 © 2016 Ventana Research30
Next Steps for Governing Data
1. Assess the processes and time
spent on preparing data to save
resources and time.
2. Avoid creating silos of data
processes that could prepare
the quality of data differently.
3. Determine the tools and
methods to better manage the
data requirements of business.
4. Assemble a committee from
across LOB that represent the
needs and methods required.
5. Prioritize business and IT
investments to support data
for analytics and operations.
© 2016 Ventana Research31 © 2016 Ventana Research31
Q&A
© 2016 Ventana Research32 © 2016 Ventana Research32
Contact Information
Twitter
@marksmithvr and @ventanaresearch
LinkedIn
http://www.linkedin.com/company/ventana-research
Analyst Perspectives
http://marksmith.ventanaresearch.com
Community and Web Site
http://www.ventanaresearch.com
© 2016 Ventana Research33 © 2016 Ventana Research
Governing and Preparing Data
for Analytics and Business
Information Builders Summit - June 14, 2016
Mark Smith - CEO & Chief Research Officer

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Governing and Preparing Data for Analytics and Business

  • 1. © 2016 Ventana Research1 © 2016 Ventana Research Governing and Preparing Data for Analytics and Business Information Builders Summit - June 14, 2016 Mark Smith - CEO & Chief Research Officer
  • 2. © 2016 Ventana Research2 © 2016 Ventana Research2 Digital Data All Over Planet Earth
  • 3. © 2016 Ventana Research3 © 2016 Ventana Research3 New Generation of Information Assets
  • 4. © 2016 Ventana Research4 © 2016 Ventana Research4 Data is Center of Analytics
  • 5. © 2016 Ventana Research5 © 2016 Ventana Research5 Data Required Across Business Personas The following usage roles operate across business that require data: Information Consumers • Digest information and perform basic interactions Knowledge Workers • Utilize and interact analytics to drive actions and decisions. Designers • Enable the design and use of information across roles. Analysts • Mashup data and design analytics to provide foundational insights for business. Data Geeks • Enable big data to be exploited in an immature world through Data Scientists. IT and Business Intelligence Experts • Utilize the tools to provide secured access to data and related analytics and metrics.
  • 6. © 2016 Ventana Research6 © 2016 Ventana Research6 Harmony in Discovery Requires Confidence
  • 7. © 2016 Ventana Research7 © 2016 Ventana Research7 Discovery Requires Accurate Data
  • 8. © 2016 Ventana Research8 © 2016 Ventana Research8 Breadth of Analytics Requires Quality Data Related research facts: •Range of analytics are needed to meet the usage personas. •Predictive analytics ranks number five in analytic capabilities currently available in the organization (57%), lagging more descriptive approaches of query and reporting (74%) •Visual analytics is used for contextual understanding (48%) and root cause analysis (40%) Source: Ventana Research Big Data Analytics Benchmark Research 18%47% Advanced / predictive 26%13% Descriptive analytics 20%16% Real-time analytics 13%9%Visual Analytics In-database analytics In-memory analytics SecondFirst Importance 15%9% 7%4%
  • 9. © 2016 Ventana Research9 © 2016 Ventana Research9 Range of Data Tasks are Required Additional Data Tasks: •Top five data activities are essential but others like auditing, loading, synchronized, metadata and transforming are important to 28 to 25 percent of organizations. •Preparing data is required according to 27 percent of companies but many other tasks are a higher priority. 53% 52% 45% 44% 36% To integrate data in both your enterprise and the cloud, which data activities are required? Analytics Quality of Data Security Accessing Extracting Source: Ventana Data and Analytics in the Cloud Benchmark Research
  • 10. © 2016 Ventana Research10 © 2016 Ventana Research10 But Analysts Waste Time on Data Tasks Largest time spent on data related tasks: Preparing Data for Analysis 55% Reviewing data for quality and consistency 48% Determine how changes impact business 21% Trying to determine root cause of situation 27% Waiting for data and information from IT 28% Source: Ventana Research Data and Analytics in the Cloud Benchmark Research
  • 11. © 2016 Ventana Research11 © 2016 Ventana Research11 Spreadsheets and Managing Data? Unreliable Technology • Swirl of spreadsheets challenge business. • Little confidence in the accuracy of data. • Almost half of business export to integrate. • Wasted time preparing and presenting data.
  • 12. © 2016 Ventana Research12 © 2016 Ventana Research12 Big Data Brings Governance Challenges
  • 13. © 2016 Ventana Research13 © 2016 Ventana Research13 Big Data Demands Continues to Expand Source: Ventana Research Information Optimization Benchmark Research 94% of organizations intend to use big data. 23% have used for more than a year 56% have started deploying in past 12 months or will begin to use within the next 12 months 45% of organizations are either using Hadoop or plan to use Hadoop over the next year. Another 26% are still evaluating the technology
  • 14. © 2016 Ventana Research14 © 2016 Ventana Research14 Big Data in Cloud is Diversifying Rapidly Related Research: • Growth is distributed across many categories. • Establishment of NoSQL and growth of in-memory noted as part of research. 22%50%RDBMS 25%37%Flat files 26%37% DW Appliance Hadoop In-Memory Databases NoSQL Current Deployment 31%12% 34%24% 29%12% Source: Ventana Research Data and Analytics in Cloud Benchmark Research Plan in Next 24 Months Specialize d DBMS 24%10%
  • 15. © 2016 Ventana Research15 © 2016 Ventana Research15 Frequency of Big Data is Reality Related research facts: •Nearly a one-in-four companies integrate data into big data stores in Real time, whereas, a one-in-three businesses do it Every day. o Midsize (44%) companies integrate data every day, whereas. o Data is integrated every day by Services (40%) segment, whereas, Manufacturing (19%) integrates every hour.Source: Ventana Research Big Data Integration Benchmark Research 24% 16% 7% 30% 9% Real time Every hour Every day Weekly Monthly How often does your organization need to integrate data into your big data store?
  • 16. © 2016 Ventana Research16 © 2016 Ventana Research16 Big Data is Shifting to Real Time Source: Ventana Research Big Data Integration Benchmark Research 43% integrate event-centric data to big data. 28% integrate network traffic and monitoring. 41% state relevance of Internet data sources. Another 25% indicate relevance of location sources. 19% state importance of Sensor & RFID data. Another 17% indicate relevance of Internet-based event cloud.
  • 17. © 2016 Ventana Research17 © 2016 Ventana Research17 Big Data Creates Deluge of Challenges © 2015 Ventana Research17
  • 18. © 2016 Ventana Research18 © 2016 Ventana Research18 Big Data has Larger Data Challenges 1. Reviewing data for quality and consistency (52%) 2. Preparing data for integration (46%) 3. Connecting to data sources (39%) 4. Deploying integration tasks (36%) 5. Designing tasks for integration (35%) Source: Ventana Research Big Data Integration Benchmark Research
  • 19. © 2016 Ventana Research19 © 2016 Ventana Research19 Examine New Approaches to Data Assess Environment • Only one-third of organizations are satisfied with their current technology. • More than half of organizations said their current infrastructure is not fast enough or flexible enough; almost half said the technology is simply inadequate. • About half of organizations turn to their existing database or data integration vendor.
  • 20. © 2016 Ventana Research20 © 2016 Ventana Research20 Challenge of Effective Big Data Integration Inefficient Processes • Use data-based business insights improves competitiveness. • Our research finds that more than half (55%) of organizations are only somewhat confident or not at all confident in their ability to process large data volumes. • Even more (58%) doubt their ability to process data that arrives at high velocity.
  • 21. © 2016 Ventana Research21 © 2016 Ventana Research21 Sensor Technology Event Orientation Industry Standards Fast and Big Data Advanced Analytics Security and Privacy “The Internet of Things (IoT)” Shift
  • 22. © 2016 Ventana Research22 © 2016 Ventana Research22 Internet of Things has Business Potential
  • 23. © 2016 Ventana Research23 © 2016 Ventana Research23 Internet of Things: Machines and Devices
  • 24. © 2016 Ventana Research24 © 2016 Ventana Research24 Analytics Shifting to Information Assets © 2016 Ventana Research 9
  • 25. © 2016 Ventana Research25 © 2016 Ventana Research25 Data is Foundation for Analytics Data Model Access Analytics Discovery Integrate Predict Communication Collaborate Manage Inform Act Automate
  • 26. © 2016 Ventana Research26 © 2016 Ventana Research26 Effective Evaluation of Analytics & Data Download Executive Summary http://www.ventanaresearch.com/BIValueIndex/
  • 27. © 2016 Ventana Research27 © 2016 Ventana Research27 Empower Analysts to Architect Data
  • 28. © 2016 Ventana Research28 © 2016 Ventana Research28 Establish Process for Consistent Data Improve Efficiency • Enable personas with set of tools to support information value chain to exist. • Publish methods to transform data to meet business standards. • Identify and implement means to automate data preparation needs of business.
  • 29. © 2016 Ventana Research29 © 2016 Ventana Research29 Governing Data Assets as Librarians
  • 30. © 2016 Ventana Research30 © 2016 Ventana Research30 Next Steps for Governing Data 1. Assess the processes and time spent on preparing data to save resources and time. 2. Avoid creating silos of data processes that could prepare the quality of data differently. 3. Determine the tools and methods to better manage the data requirements of business. 4. Assemble a committee from across LOB that represent the needs and methods required. 5. Prioritize business and IT investments to support data for analytics and operations.
  • 31. © 2016 Ventana Research31 © 2016 Ventana Research31 Q&A
  • 32. © 2016 Ventana Research32 © 2016 Ventana Research32 Contact Information Twitter @marksmithvr and @ventanaresearch LinkedIn http://www.linkedin.com/company/ventana-research Analyst Perspectives http://marksmith.ventanaresearch.com Community and Web Site http://www.ventanaresearch.com
  • 33. © 2016 Ventana Research33 © 2016 Ventana Research Governing and Preparing Data for Analytics and Business Information Builders Summit - June 14, 2016 Mark Smith - CEO & Chief Research Officer