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Analytical Thinking
Analytical Thinking 17 - A
Newsletter from the UK Business                                                           November 2012
Analytics Team

   Introduction
   Introduction
   Welcome to the latest edition of Analytical Thinking, a newsletter from the UK Business Analytics
   community providing snippets of insight on what people have been saying and how organisations
   have been using our capability over the last 2 weeks.
   Within this edition, the section „applications of analytics‟ contains insights on how analytics is being
   utilised in supply chain and CPR / Retail. The Big Data section contains articles showing some
   potential future applications of Big Data and an existing one in law and social media.
                                                                                                 back to top


   Big Data




   Big Data Vs. Traditional Business                    Is 3D Visualization The Next Step
             Intelligence                                           For Big Data?
                  Following     the    two   previous                      With the big data explosion in
                  Analytical Thinking editions, here                       full steam, companies across
                  is another article linking Big Data                      multiple      industries    are
                  and Business Intelligence. While                         resourcefully aggregating data
                  some still consider Big Data a tool                      to pinpoint numbers, trends
                  confined to behemoths like Google                        and patterns that hold the key
                  and Amazon, an ever-increasing        to improving their bottom lines. But as data
                  number of B2B organizations of all    grows increasingly cumbersome and complex,
   sizes are moving beyond the constraints of           managing that data and extracting the highest
   traditional business intelligence by taking on the   value of intelligence is presenting a challenge for
   challenge of harnessing Big Data. As interest in     organizations looking to drive truly educated
   Big Data increases, so does the number of tools      decisions. Many valuable analytics solutions have
   available to address its demands. But looking for    come to market over the last few years, but as
   answers outside of your organization presents        we look ahead to 2013, will 3D visualization
   new challenges, temptations, and roadblocks.         techniques offer companies a new way to
   See article                                          manage, analyze and interact with their data?
                                                        See article
5 Trends That Are Changing How
Big Data In Law: Cloud Challenge,
                                                                    We Do Big Data
             Analytics Opportunity
                                                                           In just a few years, big data
                    When it comes to data privacy                          has turned from a buzzword
                    and     security,  corporations                        and concept best left for large
                    have similar challenges. Big                           web companies into a force
                    companies store big data:                              that drives much of our digital
                    Mountains of information in                            lives. You can find in this
                    the    form     of  documents,      article five technological trends that will change
spreadsheets and emails, which since 2006 has           how data is processed and consumed going
been fair game for legal discovery. And in many         forward in domains such as Data science,
cases, that information is spread across physical       Machine learning, Mobile Data and Application
and virtual networks, and on personal                   creation.
computers, tablets and smartphones. It‟s
practically impossible for big companies to keep        See article
track of it all. This article from Forbes, explains
that today, the legal profession of a lawyer is
heading into the cloud, where the privacy and
security of big data are dramatically changing
the legal landscape—especially internationally.
See article


                   Sustainability, Social Media And Big Data
                   As more and more data is being collected, curated and analysed today, than ever
                   before, the information you can extract from all data generated is what attracts
                   most of the attention. Through several examples and use cases, this article
                   details some application of the data collected from those social media, such as
                   tracking the cholera epidemic in Haiti in the wake of the deadly earthquake or
                   predicting faults in automobile.
See article




Applications of Analytics

 Advanced Analytics In Supply                           What's The Biggest Supply Chain
Chain - What Is It, And Is It Better                                Issue For
than Non-Advanced Analytics?                                        CPR/Retail?
                    If we go back to the                                   A recent post from Visicom
                    Davenport‟s "Competing on                              blog pointed: “We asked
                    Analytics" Harvard Business                            dozens     of   retail  store
                    Review article that kicked off                         managers this week: what‟s
                    the analytics movement, he                             the biggest issue you are
                    defines analytics as "the ability   having with product delivery by vendors? [To
to collect, analyze, and act on data. As                which the answer was] out of stock products”.
professional organizations have realized that the       This article is reacting to that post which links
field of analytics should be broken down into           business analytics and predictive modelling for
three      categories:    Descriptive      analytics,   the CPR/Retail sector.
predictive analytics and prescriptive analytics,        See article
this article explains what is advanced analytics.
See article
Universal Predictive Convergence Analytics
                           The goal of all marketing analytics has been, and is today, to "get the right
                           message to the right person at the right time." This article deals with a digital
                           analytics phenomenon wherein many analytics tool vendors had begun making
                           claims they could join data from multiple sources and display the results in a
                           set of dashboards for marketers. This trendy phenomenon which has emerged
                           is called Convergence Analytics and is transforming the measurement industry.
      See article




      Footnote
      Figure It Out Blog
          Have you visited the Figure it out blog yet?
                                                                                                     back to top



      Feedback
      We hope that you have enjoyed reading this seventeenth edition of Analytical Thinking and hope
      that it has provided you with a good insight into some of the value that is currently being realised
      through Business Analytics solutions. If you would like to find out more about our services and
      propositions then please contact Nigel Lewis or Jon Chadwick. If you have any suggestions on how
      we can improve this newsletter or if you have received it via a colleague and would like to subscribe
      then please contact Charlotte Skornik. If you spot an article that is Business Analytics related then
      we'd like to know about it, please submit it to Charlotte Skornik, and it may appear in the next
      edition of Analytical Thinking!
                                                                                                     back to top



                    The information contained in this newsletter is proprietary and confidential.
           It is for Capgemini internal use only. Copyright © 2012. All rights reserved by Capgemini.

                                                subscribe to this newsletter




Charlotte Skornik
Business Analytics | Operational Research

charlotte.skornik@capgemini.com
Tel: +44 (0) 870 904 5666 - Mob: +44 (0) 789 115 5666
www.uk.capgemini.com
40 Holborn Viaduct - London - EC1N 2PB
Read & comment on the latest issue of our Figure It Out blog

Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group
Capgemini is a trading name used by the Capgemini Group of companies which includes Capgemini UK plc, a company registered in England and
Wales (number 943935) whose registered office is at No 1, Forge End, Woking, Surrey, GU21 6DB.

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Analytical thinking 17 - November 2012

  • 1. Analytical Thinking Analytical Thinking 17 - A Newsletter from the UK Business November 2012 Analytics Team Introduction Introduction Welcome to the latest edition of Analytical Thinking, a newsletter from the UK Business Analytics community providing snippets of insight on what people have been saying and how organisations have been using our capability over the last 2 weeks. Within this edition, the section „applications of analytics‟ contains insights on how analytics is being utilised in supply chain and CPR / Retail. The Big Data section contains articles showing some potential future applications of Big Data and an existing one in law and social media. back to top Big Data Big Data Vs. Traditional Business Is 3D Visualization The Next Step Intelligence For Big Data? Following the two previous With the big data explosion in Analytical Thinking editions, here full steam, companies across is another article linking Big Data multiple industries are and Business Intelligence. While resourcefully aggregating data some still consider Big Data a tool to pinpoint numbers, trends confined to behemoths like Google and patterns that hold the key and Amazon, an ever-increasing to improving their bottom lines. But as data number of B2B organizations of all grows increasingly cumbersome and complex, sizes are moving beyond the constraints of managing that data and extracting the highest traditional business intelligence by taking on the value of intelligence is presenting a challenge for challenge of harnessing Big Data. As interest in organizations looking to drive truly educated Big Data increases, so does the number of tools decisions. Many valuable analytics solutions have available to address its demands. But looking for come to market over the last few years, but as answers outside of your organization presents we look ahead to 2013, will 3D visualization new challenges, temptations, and roadblocks. techniques offer companies a new way to See article manage, analyze and interact with their data? See article
  • 2. 5 Trends That Are Changing How Big Data In Law: Cloud Challenge, We Do Big Data Analytics Opportunity In just a few years, big data When it comes to data privacy has turned from a buzzword and security, corporations and concept best left for large have similar challenges. Big web companies into a force companies store big data: that drives much of our digital Mountains of information in lives. You can find in this the form of documents, article five technological trends that will change spreadsheets and emails, which since 2006 has how data is processed and consumed going been fair game for legal discovery. And in many forward in domains such as Data science, cases, that information is spread across physical Machine learning, Mobile Data and Application and virtual networks, and on personal creation. computers, tablets and smartphones. It‟s practically impossible for big companies to keep See article track of it all. This article from Forbes, explains that today, the legal profession of a lawyer is heading into the cloud, where the privacy and security of big data are dramatically changing the legal landscape—especially internationally. See article Sustainability, Social Media And Big Data As more and more data is being collected, curated and analysed today, than ever before, the information you can extract from all data generated is what attracts most of the attention. Through several examples and use cases, this article details some application of the data collected from those social media, such as tracking the cholera epidemic in Haiti in the wake of the deadly earthquake or predicting faults in automobile. See article Applications of Analytics Advanced Analytics In Supply What's The Biggest Supply Chain Chain - What Is It, And Is It Better Issue For than Non-Advanced Analytics? CPR/Retail? If we go back to the A recent post from Visicom Davenport‟s "Competing on blog pointed: “We asked Analytics" Harvard Business dozens of retail store Review article that kicked off managers this week: what‟s the analytics movement, he the biggest issue you are defines analytics as "the ability having with product delivery by vendors? [To to collect, analyze, and act on data. As which the answer was] out of stock products”. professional organizations have realized that the This article is reacting to that post which links field of analytics should be broken down into business analytics and predictive modelling for three categories: Descriptive analytics, the CPR/Retail sector. predictive analytics and prescriptive analytics, See article this article explains what is advanced analytics. See article
  • 3. Universal Predictive Convergence Analytics The goal of all marketing analytics has been, and is today, to "get the right message to the right person at the right time." This article deals with a digital analytics phenomenon wherein many analytics tool vendors had begun making claims they could join data from multiple sources and display the results in a set of dashboards for marketers. This trendy phenomenon which has emerged is called Convergence Analytics and is transforming the measurement industry. See article Footnote Figure It Out Blog Have you visited the Figure it out blog yet? back to top Feedback We hope that you have enjoyed reading this seventeenth edition of Analytical Thinking and hope that it has provided you with a good insight into some of the value that is currently being realised through Business Analytics solutions. If you would like to find out more about our services and propositions then please contact Nigel Lewis or Jon Chadwick. If you have any suggestions on how we can improve this newsletter or if you have received it via a colleague and would like to subscribe then please contact Charlotte Skornik. If you spot an article that is Business Analytics related then we'd like to know about it, please submit it to Charlotte Skornik, and it may appear in the next edition of Analytical Thinking! back to top The information contained in this newsletter is proprietary and confidential. It is for Capgemini internal use only. Copyright © 2012. All rights reserved by Capgemini. subscribe to this newsletter Charlotte Skornik Business Analytics | Operational Research charlotte.skornik@capgemini.com Tel: +44 (0) 870 904 5666 - Mob: +44 (0) 789 115 5666 www.uk.capgemini.com 40 Holborn Viaduct - London - EC1N 2PB
  • 4. Read & comment on the latest issue of our Figure It Out blog Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group Capgemini is a trading name used by the Capgemini Group of companies which includes Capgemini UK plc, a company registered in England and Wales (number 943935) whose registered office is at No 1, Forge End, Woking, Surrey, GU21 6DB.