Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Explore What The Latest BI Innovations Mean To Your Business

3,301 views

Published on

Presentation given by Timo Elliott at the SAP Forum Brussels, September 2015. Video available here: https://www.youtube.com/watch?v=bpj_3r8JHeE

Published in: Technology

Explore What The Latest BI Innovations Mean To Your Business

  1. 1. Explore What The Latest BI Innovations Mean To Your Business Timo Elliott, Global Innovation Evangelist, SAP @timoelliott
  2. 2. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 3 Analytics Takes Over The World…
  3. 3. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 4 88% How Do Executives Make Decisions? Aspect Consulting, 1997 12% Hard Facts Gut Feel 90% 10% Hard Facts Gut Feel Economist Intelligence Unit, 2014 Why the worst-practice shaded 3D donut charts? JUST TO ANNOY DATA VISUALIZATION EXPERTS! 
  4. 4. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 5 Benefits from Big Data Initiatives #5 Identified new product opportunities (6%) #4 More reliable decision making (9%) #3 Improved operational efficiency (11%) #2 Identified new business opportunities (31%) #1 “DON’T KNOW” (51%) Source: Information Difference Research Study Dec 2013: “Big Data Revealed”
  5. 5. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 6 Big Data On The Gartner Hype Cycle Source: Gartner, August 2014 Innovation trigger Peak of Inflated Expectations Trough of Disillusionment Slope of Enlightenment Plateau of Productivity Big Data
  6. 6. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 7 Use Analytics Today Need Analytics by 2020 Gartner, 2014 The Opportunity Inability to see, understand, and optimize new opportunities Inaccessible data and technology Insights remain hidden Complexity, cost, confusion Silos of approaches and analytic technologies 75% 10% Slow decision making lacking future view Rear view mirror BI mentality
  7. 7. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 8 Four Big Trends Dashboards of Tomorrow Prescriptive Analytics Big Data Discovery Analytics Culture
  8. 8. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 9 Predicting Prescriptive Analytics
  9. 9. Descriptive: What happened? Diagnostic: Why did it happen? Predictive: What will happen? Prescriptive: How can we make it happen? Taking Analytics To The Next Level? Source: Gartner
  10. 10. DATA SCIENCE QUIZ. These numbers were found in two tax declarations. One is entirely made up. Which one? EUR 127,- 2.863,- 10.983,- 694,- 29.309,- 32,- 843,- 119.846,- 18.744,- 1.946,- 275,- EUR 937,- 82.654,- 18.465,- 725,- 98.832,- 7.363,- 4.538,- 38,- 8.327,- 482,- 2.945,-
  11. 11. 30.1% 17.6% 12.5% 9.7% 7.9% 6.7% 5.8% 5.1% 4.6% 1 2 3 4 5 6 7 8 9 Benford’s Law Distribution of the first digit of real-world sets of numbers that uniformly span several orders of magnitude
  12. 12. DATA SCIENCE QUIZ. These numbers were found in two tax declarations. One is entirely made up. Which one? EUR 127,- 2.863,- 10.983,- 694,- 29.309,- 32,- 843,- 119.846,- 18.744,- 1.946,- 275,- EUR 937,- 82.654,- 18.465,- 725,- 98.832,- 7.363,- 4.538,- 38,- 8.327,- 482,- 2.945,- Benford's Law, also called the First-Digit Law
  13. 13. 14© 2015 SAP SE or an SAP affiliate company. All rights reserved. 1999 to 2009 “Greece shows the largest deviation from Benford’s law with respect to all measures. [And] the suspicion of manipulating data has officially been confirmed by the European Commission.” Fact and Fiction in EU-GovernmentalEconomic Data, 2011
  14. 14. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 15 Transport For London
  15. 15. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 16 Centerpoint Energy
  16. 16. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 18 Big Data Discovery
  17. 17. 19© 2015 SAP SE or an SAP affiliate company. All rights reserved. Big Data Discovery = Big Data Data Discovery Data Science Gartner Strategic Planning Assumption: By 2017, Big Data Discovery Will Evolve Into a Distinct Market Category
  18. 18. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 20 Big Data Discovery • Volume, velocity, or variety of data • Potential business impact • Difficult to implement • Potentially expensive • Lack of skills available • Ease of use • Agility and flexibility • Time-to-results • Installed user base • Complexity of analysis • Potential impact • Range of tools • Smart algorithms • Difficult to implement • Slow and complex • Narrow focus of analysis • Limited depth of information exploration • Low complexity of analysis BIG DATA DATA SCIENCE DATA DISCOVERY
  19. 19. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 21 Big Data Discovery • Simpler to use than data science • Accessible to a wider range of users • Broad range of data manipulation features • Able to handle new types of data sources • With adequate performance for big data BIG DATA DISCOVERY
  20. 20. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 22 Potential impact per user Potential user base The Rise of the Citizen Data Scientist? Business analyst Data scientist Citizen data scientist
  21. 21. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 23 Citizen Data Scientists
  22. 22. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 24 The Opportunity New Business Opportunities Traditional Analytics Data Value Volume / Variety / Velocity of Data “Big Data Discovery” Data Discovery Big Data Data Science
  23. 23. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 25 SAP’s Opportunity Big Data Discovery SAP HANA (+ Hadoop etc.) SAP Predictive Analytics 2.0 SAP Lumira
  24. 24. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 26 The Dashboards of Yesterday And Tomorrow
  25. 25. Boardroom Redefined Source: In-Memory Data Management: An Inflection Point for Enterprise Applications. Hasso Plattner Alexander Zeier
  26. 26. 28© 2015 SAP SE or an SAP affiliate company. All rights reserved. “Intricate calculations of sales by territories will appear as if by magic in the digital age ahead”
  27. 27. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 29 Decision Cockpits
  28. 28. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 30
  29. 29. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 31 Analytics Culture
  30. 30. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 32 Business vs. Corporate IT: “It’s Not You — It’s Your Data” “We found, on average, that 45% of the data business people use resides outside of the enterprise BI environments. An astonishingly miniscule 2% of business decision-makers reported using solely enterprise BI applications. This is undoubtedly connected to 76% of business respondents indicating they continue to resort to spreadsheets and other homegrown BI applications to analyze BI data. ” Source: Forrester 45% 55% In enterprise systems Not in enterprise system
  31. 31. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 33 Are you the taxi company, or Uber?
  32. 32. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 34 Culture: Suits AND Hoodies Source: Gartner
  33. 33. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 35 Dashboards of Tomorrow Prescriptive Analytics Big Data Discovery Analytics Culture See, understand, and optimize new opportunities Conclusion
  34. 34. © 2015 SAP SE or an SAP affiliate company. All rights reserved. 36 “Judge a man by his questions rather than his answers.” Voltaire
  35. 35. Thank You! Timo Elliott VP, Global innovation Evangelist Timo.Elliott@sap.com @timoelliott

×