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The Embedded Future: How Predictive Analytics Will Change Business
- 1. H T Technologies 2013
- 3. THIS YEAR is…
- 4. Embedded Analytics ž Predictive analytics solutions exploit patterns found in data to identify risk and opportunities ž Embedded solutions can provide maximum value by integrating transactional and analytic applications ž Embedding is not enough – predictive solutions must be scalable and automated
- 5. THE LINE UP ANALYST: James Taylor CEO & Principal Consultant, Decision Management Solutions ANALYST: Robin Bloor Chief Analyst, The Bloor Group GUEST: Mark McNally VP of Business Development, Predixion Software
- 7. 0 The Power of Predictive Analytics 1 Focus On Decisions 2 Focus On Automation 3 Automation That Scales 4 Land and Expand ©2013 Decision Management Solutions 7
- 8. Up The Analytics Spectrum Predictive Analytics Data Mining Business Intelligence dge nowle X X X X X X X X X XX X X X X XX X XX X X X X X XX X X X X X X XX X XX XXXXXX X XX X XX XXX X XXXX X X XX X XX X XX ion Act io cript Pres n n riptio Desc K ©2013 Decision Management Solutions 8
- 9. From presenting data for analysis …
- 10. … to making decisions with analytics
- 11. You Need Agile, Industrial Analytics ©2013 Decision Management Solutions 11
- 12. One Decision At A Time From Decision To Data… Data Analytic Insight Decision …not the other way around ©2013 Decision Management Solutions 12
- 15. The Basics of BI: A Perspective BUSINESS INTELLIGENCE HINDSIGHT INSIGHT OVERSIGHT FORESIGHT
- 16. Two Rivers of Data THE FAST RIVER Real-time data flows PURPOSE u Automatic response u Immediate response PURPOSE u Strategic change u Innovative change u Considered response Operational data flows THE SLOW RIVER Big data analytics Explorative analytics
- 17. The Central Nervous System (in the Enterprise) PLANNING & THINKING u The considered activity of the brain (deductive thinking, pondering) u Equivalent to data analytics and data science ACTION u The autonomic nervous system & reflex responses u Equivalent to realtime and operational intelligence
- 18. The Role of Predictive Analytics Insofar as it can be delivered in “Business Time,” it is about ACTION – hence it should be embedded when possible Where it is part of the slow river, it is about strategic CHANGE
- 21. Breaking Down the Barriers to Predic3ve Analy3cs ©2013 Predixion Software
- 22. Value Curve of Predic3ve Analy3cs – Making PA ac+onable Incumbent PA vendors Predic3ve Analy3cs Pla=orm Deep Industry Focus Innova3ve Consumer Experience Time Data Collec3on, Prep & Model Crea3on ©2013 Predixion Software Model Integra3on & Consumeriza3on Value
- 23. Predixion – Easier to Create, Share & Consume Insight Analy3cs™ -‐ Easy data prep, model build and deployment Predic3vely enabled: Dashboards, Applica3ons, Reports ©2013 Predixion Software
- 24. Predixion’s Last Mile of Analy3cs AFFECT DECISIONS: Put PA insights into the hands of those making the decision ©2013 Predixion Software
- 25. Analy3c Methods Discover Es3mate Risk Stra3fy Recommend ©2013 Predixion Software Forecast Segment Detect Outliers Explain
- 26. Predic3ve Solu3ons = Focus On Decisions Predixion’s solutions team can offer turnkey development of embedded predictive answers: • Collaboratively ideate on potential predictive answers or suite of solutions • Leverage Predixion’s experience and best practices in achieving a realistic predictive roadmap with the fastest time-to-market / value • Predixion can provide training to build the data mining competency within your team for ongoing development ©2013 Predixion Software
- 27. + PLATFORM Create SOLUTIONS Predictable Length of Stay Hospital & resource Acquired management Infec;ons Customer / Member Reten;on Collaborate Predictable Readmission Management Next best offer/ Interven;on management Consume Award winning predictive platform supports ongoing development of future of PA solutions ©2013 Predixion Software Market Profiling and Targe;ng
- 28. Portable Predic3ve Applica3ons Machine Learning Seman3c Model™ Encapsulates Workflow & Enables Portability and Repeatability of Analysis Data Schema Transforma;ons Business Predic;ve Algorithmic Data Selec;on and Sampling Algorithms Valida;on and Model Selec;on MLSM™ AUTOMATION AND SCALABILITY ©2013 Predixion Software Transforma;on Results
- 29. Predixion Architecture Predixion Insight™ Enterprise Data Sources Private Cloud Datasets, Models and Automa;on Framework Client Tools Deployment PowerPivot Add-‐in Predixion InsightTM and/or ExcelTM 2007 – 2013 Predixion API Connexion™ Predixion PMML Connexion™ • SAS • SPSS • R ©2013 Predixion Software
- 30. Embedded Solu3ons Designed to offer product management strategists a compelling BUY vs. build op;on: • Cu]ng edge, easy-‐to-‐use / integrate and extend pla^orm • Turn-‐key solu;ons development • Rapid ;me-‐to-‐market / value • Flexible licensing / partnering models ©2013 Predixion Software
- 31. Ques3ons & Next Steps? • Download James Taylor's White Paper at Predixion’s website today: hbps://www.predixionsocware.com/predixion/ OEMEmbeddedPredic;veAnaly;cs.aspx • Or, Ready to Talk: • Schedule 30 minute exploratory session with Predixion: Mark McNally +1.949.287.3608 mark.mcnally@predixionsocware.com
- 32. Predixion – Mark McNally • VP of Business Development; heads strategic partnerships and OEM/Embedded business line • At Predixion, we endeavor to make Predic;ve Analy;cs easier to use, consume and embed • Offering turn-‐key embedded predic;ve solu;ons development • Crea;ve, flexible OEM business team • World-‐Class network of partners ©2013 Predixion Software
- 34. THANK YOU! The Archive Trifecta: • Inside Analysis www.insideanalysis.com • SlideShare www.slideshare.net/InsideAnalysis • YouTube www.youtube.com/user/BloorGroup