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Unlocking the Power of
Predictive Analytics
Lou Bajuk-Yorgan
Sr. Director, Product Management
lbajuk@tibco.com

© Copyright 2000-2013 TIBCO Software Inc.
Achieving Sustainable Competitive Advantage
Visionary

COMPETITIVE ADVANTAGE

Innovator

Leader

Performer

Follower

Laggard

Descriptive

Exploratory

Proactive

Repeatable

ANALYTICS MATURITY

Real-Time

Continuous
What are Predictive Analytics?
•

Technical Definition
– Use data mining and/or statistics to anticipate future events.

Place screenshot here
Dimensions: Width 4.75” or 1425 px
PowerPoint effect:
format picture > “drop shadow rectangle”
PREDICT & OPTIMIZE
Proactive:
Tells us “Where are we
headed” “What’s the best
course of action”
Forecasts, Probabilities,
Prescriptions, Risk

Applications:
• Customer segmentation
• Improve planning and forecasting
• Optimize manufacturing yield
• Fraud Detection
• Risk Management

• Mobile Asset & Supply Chain Management
Predictive Analytics with Spotfire
Easily provide targeted, relevant predictive analytics to business users to
improve decision making
•

Ensure compliance & proper usage

•

Share best practices and consistent workflows

•

Get the answer & do “What If?” analyses when needed

•

Leverage investments in R, SAS®, MATLAB®, …

Powerful Predictive Analytics tools for Spotfire analysts
•

Integrated into Spotfire workflows

•

Easily create, evaluate, and share Predictive Models

•

Add Forecasts with a single click

Benefits of Predictive Analytics to a spectrum of users
•

Increase confidence & effectiveness in decision-making
–
–
–

Reduce uncertainty
Discover meaningful patterns, important data
Maximize ROI

•

Anticipate and react to emerging trends

•

Reduce/manage risk
–

•

Scenario planning, forecasts, fraud detection

Forecast specific behavior, preemptively act on it
–

Increase upsell, decrease churn
Spotfire’s Predictive Analytics Ecosystem
Leverage existing predictive models to reduce
re-work
•

Increase the value of your Predictive Analytic investments

TIBCO Enterprise Runtime for R (TERR)
TERR
Open
Source R

S+

•
•

SAS®

MATLAB®

Spotfire

Teradata
Aster

Agility of R on a scalable, robust analytic engine
Benefits of cutting edge analytics and growing community of
R users, on enterprise-grade platform

Teradata Aster for in-database advanced
analytics
•

Effectiveness of web content, “golden path” analysis, and
viewer engagement.

Get started quickly
•
•
•

OOTB predictive analytics & extensible templates for
application-building
Powerful predictive & forecast tools embedded in Spotfire
Develop R language scripts for TERR with RStudio
Predicting the Business
Customer Churn:
• Retain your most profitable customers
• Increase upsell, decrease churn
Fraud Detection:
• Reduce losses due to fraudulent
transactions
Supply Chain Optimization:
• Simulate production and shipping to
anticipate peaks and lulls

HR Planning:
• Predict employee attrition and optimize
retention
Demo & Case Study
© Copyright 2000-2013 TIBCO Software Inc.

9
© Copyright 2000-2013 TIBCO Software Inc.

10
© Copyright 2000-2013 TIBCO Software Inc.

11
Spotfire Drives Sustained Competitive Advantage
Visionary

COMPETITIVE ADVANTAGE

Innovator

Leader

Performer

Follower

Laggard

Descriptive

Exploratory

Proactive

Repeatable

ANALYTICS MATURITY

Real-Time

Continuous
Deploy predictive models with TIBCO CEP
•

Deliver real-time predictions on
whether to extend an offer to a
given customer

•

Apply predictive models in realtime decision making
–
–
–
–

•

Best marketing offer
Customer churn
Predictive Maintenance
Yield optimization

Rapidly develop and iterate TERR
models in production
–

Respond to changing opportunities
and threats
14
More Information
•

Visit the TIBCO Booth
–

•

lbajuk@tibco.com or @loubajuk

Spotfire Predictive Analytics & White
Paper
– http://spotfire.tibco.com/predictive

•

How Proctor & Gamble Presents
Data to Decision-Makers
–
–

http://spotfire.tibco.com/blog/?p=18602
Over 50,000 P&G employees now have access
to a “Decision Cockpit”

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Unlocking the Power of Predictive Analytics

  • 1. Unlocking the Power of Predictive Analytics Lou Bajuk-Yorgan Sr. Director, Product Management lbajuk@tibco.com © Copyright 2000-2013 TIBCO Software Inc.
  • 2. Achieving Sustainable Competitive Advantage Visionary COMPETITIVE ADVANTAGE Innovator Leader Performer Follower Laggard Descriptive Exploratory Proactive Repeatable ANALYTICS MATURITY Real-Time Continuous
  • 3. What are Predictive Analytics? • Technical Definition – Use data mining and/or statistics to anticipate future events. Place screenshot here Dimensions: Width 4.75” or 1425 px PowerPoint effect: format picture > “drop shadow rectangle”
  • 4. PREDICT & OPTIMIZE Proactive: Tells us “Where are we headed” “What’s the best course of action” Forecasts, Probabilities, Prescriptions, Risk Applications: • Customer segmentation • Improve planning and forecasting • Optimize manufacturing yield • Fraud Detection • Risk Management • Mobile Asset & Supply Chain Management
  • 5. Predictive Analytics with Spotfire Easily provide targeted, relevant predictive analytics to business users to improve decision making • Ensure compliance & proper usage • Share best practices and consistent workflows • Get the answer & do “What If?” analyses when needed • Leverage investments in R, SAS®, MATLAB®, … Powerful Predictive Analytics tools for Spotfire analysts • Integrated into Spotfire workflows • Easily create, evaluate, and share Predictive Models • Add Forecasts with a single click Benefits of Predictive Analytics to a spectrum of users • Increase confidence & effectiveness in decision-making – – – Reduce uncertainty Discover meaningful patterns, important data Maximize ROI • Anticipate and react to emerging trends • Reduce/manage risk – • Scenario planning, forecasts, fraud detection Forecast specific behavior, preemptively act on it – Increase upsell, decrease churn
  • 6. Spotfire’s Predictive Analytics Ecosystem Leverage existing predictive models to reduce re-work • Increase the value of your Predictive Analytic investments TIBCO Enterprise Runtime for R (TERR) TERR Open Source R S+ • • SAS® MATLAB® Spotfire Teradata Aster Agility of R on a scalable, robust analytic engine Benefits of cutting edge analytics and growing community of R users, on enterprise-grade platform Teradata Aster for in-database advanced analytics • Effectiveness of web content, “golden path” analysis, and viewer engagement. Get started quickly • • • OOTB predictive analytics & extensible templates for application-building Powerful predictive & forecast tools embedded in Spotfire Develop R language scripts for TERR with RStudio
  • 7. Predicting the Business Customer Churn: • Retain your most profitable customers • Increase upsell, decrease churn Fraud Detection: • Reduce losses due to fraudulent transactions Supply Chain Optimization: • Simulate production and shipping to anticipate peaks and lulls HR Planning: • Predict employee attrition and optimize retention
  • 8. Demo & Case Study
  • 9. © Copyright 2000-2013 TIBCO Software Inc. 9
  • 10. © Copyright 2000-2013 TIBCO Software Inc. 10
  • 11. © Copyright 2000-2013 TIBCO Software Inc. 11
  • 12.
  • 13. Spotfire Drives Sustained Competitive Advantage Visionary COMPETITIVE ADVANTAGE Innovator Leader Performer Follower Laggard Descriptive Exploratory Proactive Repeatable ANALYTICS MATURITY Real-Time Continuous
  • 14. Deploy predictive models with TIBCO CEP • Deliver real-time predictions on whether to extend an offer to a given customer • Apply predictive models in realtime decision making – – – – • Best marketing offer Customer churn Predictive Maintenance Yield optimization Rapidly develop and iterate TERR models in production – Respond to changing opportunities and threats 14
  • 15. More Information • Visit the TIBCO Booth – • lbajuk@tibco.com or @loubajuk Spotfire Predictive Analytics & White Paper – http://spotfire.tibco.com/predictive • How Proctor & Gamble Presents Data to Decision-Makers – – http://spotfire.tibco.com/blog/?p=18602 Over 50,000 P&G employees now have access to a “Decision Cockpit”