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Smarter Analytics / Smarter Students…
Torben Noer
Business Analytics Specialty Architect
IBM Danmark
Data…
How Many 4’s Do You See?
    1592653589793238626338327950288197169399375
    1058209749592307816062862089986280382532117
    0679821808651328230667093846095505822317253
    5908128481117502810270193852110555966229895
    9303819628810975665933612875682337867831652
    7120190915685669236034861053266821339360726
    0291412737258700660631558817881520920962829
    2509171536367892590360011330530588206652138
3   3
How Many 4’s Do You See?
    1592653589793238626338327950288197169399375
    1058209749592307816062862089986280382532117
    0679821808651328230667093846095505822317253
    5908128481117502810270193852110555966229895
    9303819628810975665933612875682337867831652
    7120190915685669236034861053266821339360726
    0291412737258700660631558817881520920962829
    2509171536367892590360011330530588206652138
4   4
„ If you don‘t know where
    you are going, it doesn‘t
    matter which way you go.“
    Lewis Caroll, Alice im Wunderland




5
A journey requires proper preparation




 6
Is this the right preparation for the journey?
8
Hvad er Analytics?
Hvad er så Business Analytics?
Men hvad så med Smarter Analytics?
Så er der film...
Er denne mand smart eller analytic?
“Data isis the New Oil”
      “Data the New Oil”
                                                       Ann Winbald,
                                                    Co-founder Hummer
                                                   Winbald Venture Capital



                     In its raw form, oil has little value.
                     Once processed & refined, it helps
                               power the world.




13
Better
 outcomes
Smarter
 decisions
Actionable
 insights
Relevant
 information
Since then, analytics has
continued to evolve:
   • From business initiative to business imperative
   • From enterprise data to big data
   • From advancing single organizations to
     transforming entire industries
Analytics has evolved from business initiative
to business imperative
       Analytically sophisticated companies outperform their competition

       Respondents who say analytics                                                                        Organizations achieving
       creates a competitive advantage                                                                      a competitive advantage
                                                                                                            with analytics are
2010                                   37%                       57%
2011
                                                               increase

                                                                     58%                                    2.2x
                                                                                                            more likely to
Early adopters
                                                                                                            substantially outperform
        Ratio of respondents who indicated analytics creates a competitive advantage to those
        who indicated it did not and the likelihood they also indicated their organizations was
        “substantially outperforming their competitive peers.” The ratio was 2.0 to 1 in 2010.
                                                                                                            their industry peers
                                                                     Source: The New Intelligent Enterprise, a joint MIT Sloan Management Review and IBM Institute of Business
                                                                     Value analytics research partnership. Copyright © Massachusetts Institute of Technology 2011
Analytics is expanding
from enterprise data to big data

Volume                      Velocity                       Variety


12            terabytes
of Tweets created daily
                            5         million
                             trade events per second
                                                           100’s
                                                            from surveillance cameras
                                                                                         video
                                                                                         feeds

Analyze product sentiment   Identify potential fraud        Monitor events of interest




350              billion
meter readings per annum
                            500                 million
                             call detail records per day
                                                            80%                data
                                                                               growth
                                                           are images, video, documents…
Predict power consumption    Prevent customer churn        Improve customer satisfaction
Analytics is moving from advancing single
organizations to transforming entire industries
For example, healthcare providers are personalizing
patient care based on data and content never
combined successfully until now.

                The result?
                Optimized patient
                outcomes and a
                transformed industry
IBM visionen
How many years did it take
 the following products to
   reach 50 Mio users?
2 years
                      3 years

           13 years

38 years
Facebook statistics
Og der er nok at tage fat på...
Customers are talking…with each other


                78%
Of all consumers trust the opinion
                of other customers
 Source: August 25, 2009, “The Broad Reach Of Social Technologies” Forrester report




                                                                                      95M
                                                                                      Tweets sent via Twitter
                                                                                           …every day
Analyze Social Media with IBM Cognos Consumer
     Insight

• Analysis of unstructured data

• Understand your customers

• Develop powerful strategies


                                      Eks: KLM, Toyota



25
Ny stilling?


               •   Hvad står CDO for?
Gartner BI Hype 2012
Gartner PM Hype 2012
„The great day – when all the
     information for solving a management
     problem is only a push button away – is
     closer than you think.“
     Business Week, 1963

29
Watson
31

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Student track: Smarter analytics, Torben Noer,

  • 1. Smarter Analytics / Smarter Students… Torben Noer Business Analytics Specialty Architect IBM Danmark
  • 3. How Many 4’s Do You See? 1592653589793238626338327950288197169399375 1058209749592307816062862089986280382532117 0679821808651328230667093846095505822317253 5908128481117502810270193852110555966229895 9303819628810975665933612875682337867831652 7120190915685669236034861053266821339360726 0291412737258700660631558817881520920962829 2509171536367892590360011330530588206652138 3 3
  • 4. How Many 4’s Do You See? 1592653589793238626338327950288197169399375 1058209749592307816062862089986280382532117 0679821808651328230667093846095505822317253 5908128481117502810270193852110555966229895 9303819628810975665933612875682337867831652 7120190915685669236034861053266821339360726 0291412737258700660631558817881520920962829 2509171536367892590360011330530588206652138 4 4
  • 5. „ If you don‘t know where you are going, it doesn‘t matter which way you go.“ Lewis Caroll, Alice im Wunderland 5
  • 6. A journey requires proper preparation 6
  • 7. Is this the right preparation for the journey?
  • 8. 8
  • 10. Hvad er så Business Analytics?
  • 11. Men hvad så med Smarter Analytics?
  • 12. Så er der film... Er denne mand smart eller analytic?
  • 13. “Data isis the New Oil” “Data the New Oil” Ann Winbald, Co-founder Hummer Winbald Venture Capital In its raw form, oil has little value. Once processed & refined, it helps power the world. 13
  • 14. Better outcomes Smarter decisions Actionable insights Relevant information
  • 15. Since then, analytics has continued to evolve: • From business initiative to business imperative • From enterprise data to big data • From advancing single organizations to transforming entire industries
  • 16. Analytics has evolved from business initiative to business imperative Analytically sophisticated companies outperform their competition Respondents who say analytics Organizations achieving creates a competitive advantage a competitive advantage with analytics are 2010 37% 57% 2011 increase 58% 2.2x more likely to Early adopters substantially outperform Ratio of respondents who indicated analytics creates a competitive advantage to those who indicated it did not and the likelihood they also indicated their organizations was “substantially outperforming their competitive peers.” The ratio was 2.0 to 1 in 2010. their industry peers Source: The New Intelligent Enterprise, a joint MIT Sloan Management Review and IBM Institute of Business Value analytics research partnership. Copyright © Massachusetts Institute of Technology 2011
  • 17. Analytics is expanding from enterprise data to big data Volume Velocity Variety 12 terabytes of Tweets created daily 5 million trade events per second 100’s from surveillance cameras video feeds Analyze product sentiment Identify potential fraud Monitor events of interest 350 billion meter readings per annum 500 million call detail records per day 80% data growth are images, video, documents… Predict power consumption Prevent customer churn Improve customer satisfaction
  • 18. Analytics is moving from advancing single organizations to transforming entire industries For example, healthcare providers are personalizing patient care based on data and content never combined successfully until now. The result? Optimized patient outcomes and a transformed industry
  • 20. How many years did it take the following products to reach 50 Mio users?
  • 21. 2 years 3 years 13 years 38 years
  • 23. Og der er nok at tage fat på...
  • 24. Customers are talking…with each other 78% Of all consumers trust the opinion of other customers Source: August 25, 2009, “The Broad Reach Of Social Technologies” Forrester report 95M Tweets sent via Twitter …every day
  • 25. Analyze Social Media with IBM Cognos Consumer Insight • Analysis of unstructured data • Understand your customers • Develop powerful strategies Eks: KLM, Toyota 25
  • 26. Ny stilling? • Hvad står CDO for?
  • 29. „The great day – when all the information for solving a management problem is only a push button away – is closer than you think.“ Business Week, 1963 29
  • 31. 31