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Fast data and the internet of now

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“Realize that everything connects to everything else”, said Leonardo Da Vinci. That foresight couldn’t be truer right now, as the Internet of Everything is here. It has the ability to connect anything to everything else. Not just devices, but people, process, things, enterprises, even industries. Your house and smart possessions will be collectively more intelligent than you by 2020, and the experience will become hyper-personalized. Industrials are going beyond machine-to-machine communication and are pursuing brilliant factories. And it’s all driven and connected by data.
Data and how we act on that data are key to unlocking benefits for both businesses and individuals. Analysts claim that we only analyze 0.5% of the data being generated globally right now. In the past, we have been very good in promoting strategies to store vast amounts of static data, but nothing that turns that information into valuable insight that – in turn – becomes real-time and intelligent decision making.
Analyzing and acting on streaming data – or data in motion – as it's produced from people, applications and machines is becoming ever increasingly important. The value produced from instant action can be immeasurably higher than conventional, backwards looking approaches. But how do we get there? What are we going to do with all this potential? Which industries will lead if any? This talk will look at the use of so-called fast data in a variety of industries and describe approaches to obtaining value from it.

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Fast data and the internet of now

  1. 1. ©2014 Software AG. All rights reserved. For internal use only 1 | Fast Data and the Internet of Now Why we need new approaches to deal with fast big data Dr Giles Nelson Senior Vice President, Strategy and Marketing @gilesnelson
  2. 2. ©2014 Software AG. All rights reserved. 2 | Historical cost of computer memory and storage
  3. 3. ©2014 Software AG. All rights reserved. 3 | Cost of computing power equal to an iPad
  4. 4. ©2014 Software AG. All rights reserved. 4 | Connection speeds
  5. 5. ©2014 Software AG. All rights reserved. 5 |
  6. 6. ©2014 Software AG. All rights reserved. For internal use only 6 | BIG DATA projects are real 2013 2014
  7. 7. ©2014 Software AG. All rights reserved. 7 | Physical and digital are FUSING CONNECTING people, processes, data and things A SENTIENT, DIGITAL WORLD
  8. 8. ©2014 Software AG. All rights reserved. 8 |
  9. 9. ©2014 Software AG. All rights reserved. 9 | The Internet of Things MEGATREND Digital Signage Connected Car Smart Vending Precision Agriculture Smart Manufacturing Predictive Maintenance
  10. 10. ©2014 Software AG. All rights reserved. 10 | Customers want to be treated like royalty Personalization is the goal: “the segment of one” Cult of the CUSTOMER
  11. 11. ©2014 Software AG. All rights reserved. 11 | People need banking but they don’t always need banks They know so much about us “Relationship management for the masses” Rise of the DIGITAL BANK
  12. 12. ©2014 Software AG. All rights reserved. 12 | Real time becomes RIGHT TIME in the right context Random time Real time Non segmented campaign Segmented campaign 4 1
  13. 13. ©2014 Software AG. All rights reserved. 13 | NEW CLASS of streaming, decision-centric applications Complexity of extra- enterprise information Fast, Big Data Time window to analyze & act Financial Services Supply Chain Logistics CRM / CXM Manufacturing Fraud Intelligent Healthcare
  14. 14. ©2014 Software AG. All rights reserved. 14 |
  15. 15. ©2014 Software AG. All rights reserved. 15 | An ALWAYS-ON world needs streaming architectures Streaming visualization Streaming analytics & rules In-memory data grid – fast reference data & analytics, scaling across machines Low latency lightweight messaging for digital “fan in”
  16. 16. ©2014 Software AG. All rights reserved. 16 | Forrester Wave Leader: Big Data Streaming Analytics Source: The Forrester Wave™: Big Data Streaming Analytics Platforms, Q3 2014, Forrester Research, Inc., July 17, 2014. The Forrester Wave is copyrighted by Forrester Research, Inc. Forrester and Forrester Wave are trademarks of Forrester Research, Inc. The Forrester Wave is a graphical representation of Forrester's call on a market and is plotted using a detailed spreadsheet with exposed scores, weightings, and comments. Forrester does not endorse any vendor, product, or service depicted in the Forrester Wave. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change.
  17. 17. ©2014 Software AG. All rights reserved. For internal use only 17 | www.softwareagblog.nl @SoftwareAG_NL @SoftwareAG

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