Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
www.inspirient.com
/company/inspirient
@inspirient
Scalability and
Autonomous Analytics
Dr. Georg Wittenburg ▪ Co-founder / CEO Inspirient GmbH
Bitkom AK Big Data & Advanced Analytics
Strategieworkshop ▪ 30 June 2021
Winner BNP Paribas
International Hackathon 2017
Winner BARC
Startup Award 2016
Winner
Startups@Reeperbahn 2017
Top 10 NATO ACT
Innovation Challenge 2018
Top 10 Deloitte
RegTech Universe 2019
Selected for 2021
AI German Landscape
Trusted AI Startup 2020
European AI Startup Landscape
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Big Surprise: Data Keeps Growing
…but focus on data volume alone does not capture all business challenges
1
30.06.2021
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Quick Example
The Cost of Analyzing a Data Lake
• Assume a company’s Data Lake contains
10,000 datasets
• A data analyst may need three days on
average for one initial exploratory analysis
– One analyst can explore 68 datasets per
year (255 work days with 20% overhead)
• A data analyst earns €60K p.a.
Exploratory analysis of the Data Lake
takes ~147 person years and cost >€8.8M
30.06.2021 2
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
How Much of a Data Lake Will Ever
Be Analyzed?
30.06.2021 3
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Bottleneck Is Schema Scalability
Recap: A data schema defines the structure of a dataset or database
Scalability issues in Big Data / Analytics
• Data volume
• Bandwidth (transactions per unit time)
• Explicit algorithms
• Trained classifiers (ML / AI)
• Data structure / schemata / semantics
State of the Art
30.06.2021 4
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Autonomous Analytics
Also known as the “Self-driving Car of Data Science”
… to autonomously generated, relevant results
From diverse dataset…
5
Autonomous
Analytics
30.06.2021
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Introducing Analyst-2
Analyst-2 crawls data repositories and autonomously analyzes structured datasets
30.06.2021 6
https://analyst-2.ai/
https://data.europa.eu/
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
• Descriptive Analytics
• Predictive Analytics
• Prescriptive Analytics
State of the Art and Way Forward
An informal assessment, focused on structured data
30.06.2021 7
current 2025 2030
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Join the Discussion!
Implications of Autonomous Analytics
• Data quality can be addressed a posteriori
• Difference between internal and external
data will fade away
• Inexpensive valuation of datasets is feasible
• We barely scratched the surface!
Our questions for the community:
• Which common analytical methods need
automating; where are the limits?
• How will the role of the analyst evolve?
• Who would like to try this on their Data Lake /
SharePoint / Cloud storage / … ?
30.06.2021 8
Request our white paper
at contact@inspirient.com!
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Dr. Georg Wittenburg
Phone: +49 30 2007 4820
Email: georg.wittenburg@inspirient.com
Web: www.inspirient.com
9
30.06.2021
Appendix
30.06.2021 10
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
Deep-dive // Demo
Autonomous Analytics in Action
11
Analyses of
public datasets
at analyst-2.ai
30.06.2021
Copyright
©
2021
by
Inspirient
GmbH.
All
rights
reserved.
12
30.06.2021

Scalability and Autonomous Analytics