The Next Big Thing - Data Driven Applications by T.M. Ravi, Founder of The Hive
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The New World of Applications - Applications driven by Big Data.
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The Next Big Thing - Data Driven Applications by T.M. Ravi, Founder of The Hive
- 2. Back Office Automation Front Office Productivity Web Social Mobile Data-Driven App Evolution
- 3. Quantified Self Mobile, Wearable Devices Consumers Analytic Enterprise CRM, Web, Machines Business Smart Cities Map, Weather, Demographics Public Big Data Apps Change Everything
- 5. • Online + Advertising • Tele-communications • Financial Tech & Insurance • Healthcare + Biotechnology • Automotive • Industrial Controls • Retail & eCommerce Vertical Industry Apps
- 6. Better Decisions Data-Driven Apps Make Faster & Smarter
- 7. Better Decisions Unstructured Data Machine Data Combination of 1st Party, 3rd Party & Public Data Ability to Manage Volume & Velocity of Data Understanding Patterns from Data
- 8. Patterns from Data Science
- 9. Apps using Data Science Dashboard, Reports KPIs, Aggregates, Counts Business Intelligence What happened?
- 10. Dashboard, Reports KPIs, Aggregates, Counts Interactive Data Exploration Search, Visual Apps using Data Science Business Intelligence What happened? Human Correlation
- 11. Dashboard, Reports KPIs, Aggregates, Counts Interactive Data Exploration Search, Visual Insights Correlations, Patterns, Anomalies Apps using Data Science Business Intelligence What happened? Human Correlation Data Mining Why did it happen?
- 12. Dashboard, Reports KPIs, Aggregates, Counts Interactive Data Exploration Search, Visual Insights Correlations, Patterns, Anomalies Machine learning, Modeling Apps using Data Science Business Intelligence What happened? Human Correlation Data Mining Why did it happen? Predictive Analytics What is likely to happen?
- 13. Optimization Systems Learn-Act-Correct Machine learning, Modeling Insights Correlations, Patterns, Anomalies Interactive Data Exploration Search, Visual Dashboard, Reports KPIs, Aggregates, Counts Apps using Data Science Business Intelligence What happened? Human Correlation Data Mining Why did it happen? Predictive Analytics What is likely to happen? Closed Loop Systems What should happen?
- 14. Apps using Data Science Optimization Systems Learn-Act-Correct Machine learning, Modeling Insights Correlations, Patterns, Anomalies Interactive Data Exploration Search, Visual Dashboard, Reports KPIs, Aggregates, Counts Closed Loop Systems What should happen? Predictive Analytics What is likely to happen? Data Mining Why did it happen? Human Correlation Business Intelligence What happened?Visibility Actions Insights Automatic Manual
- 16. • Intent • Behavioral Data • Psychographics – Interest Data – Social Data • Demographics Know Your Customers…
- 17. • User Profile • Look-Alike Models • Recommender Systems • Serendipity • LTV Models What did He choose? …Predict Their Needs
- 18. The Future of Retail
- 19. Retail & eCommerce Shopper Behavior Transaction Data Product Catalog Social/ Mobile Data Churn Management Loyalty Programs Upsell & Cross-sell Product Recommendation Customer Acquisition Offers & Promotions Supply Chain Inventory Management Pricing Product Discovery
- 20. Unstructured Data Unstructured Data Rich Media Voice Control, Video Analy1cs Logs IT/Security Social Sen1ment Analysis, Social Analy1cs Clickstream Web/eCommerce Analy1cs
- 21. Machine Data Physical Sensors Digital Interface Connectivity Internet of Things Industrial Internet
- 22. Internet of Things Home Car Health Data Control Apps Analytics + Data Services Network Services Connected Devices (50B in 2016)
- 24. New Technology • Digital Instrumenta1on • Data Hub • IP Connec1vity • Display • Voice Control Insurance Opera4onal Apps Virtualiza4on of Cars Autonomous Cars • Cars-‐on-‐demand • Collision Avoidance • Self Parking • Driver Assist • Self Driven • System & Performance • Maintenance • Driving Behavior • Infotainment • Maps & Traffic • Parking • Keyless Entry • Find My Car The Connected Car
- 25. The Industrial Internet • Industrial Efficiency • Quality • Productivity • Reliability • New Products & New Business Models
- 26. Rise of the Industrial Internet
- 27. A Whole New World of Apps… …that will be built using Data
- 28. Thank You!