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Stephen Tracy
Data & Insight Lead, SEA
THE HUMAN SIDE OF ANALYTICS
INTRODUCTION
3
INTRODUCTION
The big data and analytics
industry is booming
4
INTRODUCTION
The technology landscape that
supports and drives the analytics
industry has become very
sophisticated, but the way we
nurture, grow and invest in talent
hasn’t kept up
TECHNOLOGY
PEOPLE
5
INTRODUCTION
In APAC, the appetite for
analytics solutions is high, but
maturity is still relatively low
Adequate budgets
Impact of analytics
The right talent
The right org structure
Sophistication of use cases
10 TIPS FOR ANALYTICS SUCCESS
7
ask good
questionsone
8
ASK GOOD QUESTIONSONE
Image Source: @nathanwright
Machines are good at
answering complex
questions, but they’re
not very good at asking
them
9
ASK GOOD QUESTIONSONE
QUOTA
QUOTA
10
ASK GOOD QUESTIONSONE
Do you like Starbucks?
Yes
No 1 2 3 4 5 6 7 8 9 10
On a scale of 1-10, how would you
rate your perception of Starbucks?
Extremely
Negative
Extremely
Positive
What is your perception of
Starbucks?
Very Positive
Somewhat Positive
Neutral
Somewhat Negative
Very Negative
Rank the following brands
based on your preference?
Costa Coffee
Starbucks
Coffee Bean
Coffee Connoisseur
1
2
3
4
Which of the following brands do you
like (choose top 2)
Costa Coffee
Starbucks
Coffee Bean
Coffee Connoisseur
Other
In your own words, what is your
perception of Starbucks?
Type Response….
11
think
long termtwo
12
THINK LONG TERMTWO
OrganizationalAnalyticsMaturity
FOUNDATION
REPORTING
ANALYSIS &
OPTIMIZATION
TESTING &
PERSONALIZATION
ADVANCED
ANALYTICS
13
THINK LONG TERMTWO
OrganizationalAnalyticsMaturity
FOUNDATION
REPORTING
ANALYSIS &
OPTIMIZATION
TESTING &
PERSONALIZATION
ADVANCED
ANALYTICS
14
THINK LONG TERMTWO
FOUNDATION
REPORTING
ANALYSIS &
OPTIMIZATION
TESTING &
PERSONALIZATION
OrganizationalAnalyticsMaturity
Foresight
Insight
Hindsight
Strategy
ADVANCED
ANALYTICS
Predictive Modeling
Big Data
Advanced Segmentation
Advanced Personalization
DMP
Your journey to
analytics success is
NOT LINEAR
NOT FINITE
AND FULL OF INFINITE
POSSIBILITIES
15
DISCOVERY
& DESIGN
ANALYTICS
IMPLEMENTATION
REPORTING
& ANALYSIS
TESTING &
OPTIMIZATION
PERSONALIZATION ADVANCED
ANALYTICS
 Requirements closure
 Capture and categorize
requirements
 Identify KPI’s and map to
business objectives
 Review wireframes /
visual designs
 Technical assessment of
implementation
feasibility
 Solution Design
 Tagging Guide
 Tag Manager + data
layer setup
 Set-up basic reports &
dashboards
 Automate and
standardize reporting
wherever applicable
 Data consolidation from
multiple channels for a
single view
 Set-up A/B tests based
on business needs
 Audit site for
optimization and
personalization
opportunities
 Send personalized
campaigns through
emails
 Serve personalized .COM
experience based on
visitor behaviours
 Build statistical models
based on real data to
predict and forecast any
key metrics (like revenue
or orders)
 Identify correlation
between offline events
on
THINK LONG TERMTWO
FOUNDATION
HINDSIGHT
INSIGHT
FORESIGHT
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4QUARTER
PHASE
ACTIVITIES
Dynamic Tag
Manager
TECHNOLOGY
+
- Dynamic Tag
Manager
Adobe
Analytics
Adobe
Target
Example Roadmap
16
start with
peoplethree
17
START WITH PEOPLETHREE
The people (e.g. analysts) who
manage, maintain, and grow
your analytics program
PEOPLE KNOWLEDGE TECHNOLOGY
The knowledge (e.g. best
practice, documentation,
standards, protocols,
processes, etc) that ensure
effectiveness, efficiency and
consistency
The technology which
enables automation and
aggregation of data
collection and analysis
18
START WITH PEOPLETHREE
10 / 90 RULE
For every $10 you spend on a tool you should be investing $90 "intelligent
resources/analysts” (i.e. people)
$25,000
$250,000$225,000
$2,250,000
Tech People
19
START WITH PEOPLETHREE
10 / 90 RULE
For every $10 you spend on a tool you should be investing $90 "intelligent
resources/analysts” (i.e. people)
$25,000
$250,000$225,000
$2,250,000
Tech People
20
START WITH PEOPLETHREE
10 / 90 RULE
For every $10 you spend on a tool you should be investing $90 "intelligent
resources/analysts” (i.e. people)
$25,000
$250,000$225,000
$2,250,000
Tech People
21
START WITH PEOPLETHREE
10 / 90 RULE
For every $10 you spend on a tool you should be investing $90 "intelligent
resources/analysts” (i.e. people)
$25,000
$250,000$225,000
$2,250,000
Tech People
22
START WITH PEOPLETHREE
10 / 90 RULE
For every $10 you spend on a tool you should be investing $90 "intelligent
resources/analysts” (i.e. people)
$25,000
$250,000$225,000
$2,250,000
Tech People
23
START WITH PEOPLETHREE
10 / 90 RULE
For every $10 you spend on a tool you should be investing $90 "intelligent
resources/analysts” (i.e. people)
$25,000
$250,000$225,000
$2,250,000
Tech People
24
seek truth,
not validationfour
25
SEEK TRUTH NOT VALIDATIONFOUR
22,857,224
103
impressions
conversions
3,374,840
video views
234,438
website visits
89%
bounce rate
11 sec
visit duration
26
understand
your datafive
27
UNDERSTAND YOUR DATAFIVE
28
UNDERSTAND YOUR DATAFIVE
29
UNDERSTAND YOUR DATAFIVE
30
UNDERSTAND YOUR DATAFIVE
 How was the data collected? (e.g. poll, census, etc)
 What metrics, data formats and units of measure are included?
 How is the data structured? (e.g. by date/time, by category, etc)
 How granular is your data set? (e.g. broken down by day, month, year, etc)
 Where and how is the data stored? (e.g. 3rd party vendor, owned databased in the
cloud, on-premise, etc)
31
understand
the limits of
technology
six
32
UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
“We decided to test two identical versions of
our homepage against each other. You’d think
these two variants, being identical, would have
nearly the same conversion rate…. We saw
that the new variation, which was identical to
the first, saw an 18.1% improvement. Even
more troubling was that there was a “100%”
probability of this result being accurate.
33
UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
34
“I love this” “I hate this”“meh”
contextual polarity
UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
35
27%
30%
35%
57%
55%
49%
43%
17%18%
21% 22%
26%
0%
10%
20%
30%
40%
50%
60%
Platform 1 Platform 2 Platform 3 Human Panel
%ofCommentsAnalyzed
Evaluating the Efficacy of Automated Sentiment
Positive Neutral Negative
UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
36
27%
30%
35%
57%
55%
49%
43%
17%18%
21% 22%
26%
0%
10%
20%
30%
40%
50%
60%
Platform 1 Platform 2 Platform 3 Human Panel
%ofCommentsAnalyzed
Evaluating the Efficacy of Automated Sentiment
Positive Neutral Negative
UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
37
ensure
you have
ownership
seven
38
ENSURE YOU HAVE OWNERSHIPSEVEN
You need a person or team to own your analytics practice and drive it
forward. This entity needs to nurture the following:
VISION ACCOUNTABILITY GOVERNANCE COLLABORATION EVANGELISM
Ensure you are on
track and pursuing a
vision
Ensure there is
accountability to your
analytics output
Ensure governance
controls are in place
and observed as it
relates to analytics
Encourage and drive
collaboration across
the business to
ensure data isn’t
stuck in silos
Advocate data driven
thinking across the
business and create
new stakeholders
39
invest in
storytellers
not just data
crunchers
eight
40
INVEST IN STORYTELLERSEIGHT
Empirical storytelling is the process of using data to tell a rich and compelling
story. In practice, empirical storytelling requires a proficiency in collecting, cleaning,
interpreting and visualizing data, but it also requires someone who can
communicate the data and key message in a way that resonates with the audience
Empirical Storytelling
41
INVEST IN STORYTELLERSEIGHT
“You can have piles of facts and
still fail to resonate. It’s not the
information itself that’s
important but the emotional
impact of that information.”
“[few] grasp how to use data to
tell a meaningful story that
resonates both intellectually
and emotionally with an
audience”
Nancy Duarte – Writer, Speaker, CEO Daniel Waisberg - Analytics Advocate, Google
42
INVEST IN STORYTELLERSEIGHT
CHALLENGE
Green Mountain sold 18 billion
coffee pods in two years. How can
you give people a concrete sense of
just how many objects that is?
SOLUTION
Use physical space to create
context.
43
INVEST IN STORYTELLERSEIGHT
44
find
meaningful
ways to
communicate
data
nine
45
FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
46
FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
DISTANCE
LOCATION &
DIRECTION
SIZE OF ARMY
TEMPERATURE
ADVANCE
RETREAT
47
FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
48
FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
49
FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
50
ten transform data
into insight
51
insight is an
interpretation of data
which has value
and enables
a business decision
you need insight, not
more data
you need to actually
take action, otherwise
the insight has zero
value
TRANSFORM DATA INTO INSIGHTTEN
52
TRANSFORM DATA INTO INSIGHTTEN
Average Time to Data Analysis
10%
17%
33%
22%
15%
3%
Minutes Hours Days Weeks Months Year or
more
4%
11%
24%
32%
22%
3%
6%
Minutes Hours Days Weeks Months Year or
more
Not
deployed
Average Time to Action
What’s the Value of Analytics?
53
TRANSFORM DATA INTO INSIGHTTEN
Average Time to Data Analysis
10%
17%
33%
22%
15%
3%
Minutes Hours Days Weeks Months Year or
more
4%
11%
24%
32%
22%
3%
6%
Minutes Hours Days Weeks Months Year or
more
Not
deployed
Average Time to Action
Better decisions
made faster
What’s the Value of Analytics?
54
TRANSFORM DATA INTO INSIGHTTEN
Average Time to Data Analysis
10%
17%
33%
22%
15%
3%
Minutes Hours Days Weeks Months Year or
more
4%
11%
24%
32%
22%
3%
6%
Minutes Hours Days Weeks Months Year or
more
Not
deployed
Average Time to Action
Better decisions
made faster
Decreasing your time to insight is
easier to do, and can be enabled
through technology/software
Decreasing your time to action is
MUCH harder, and involves talent,
processes, governance and change
management
What’s the Value of Analytics?
linkedin.com/in/tracystephen
@stephen_tracy
stracy@sapient.com
analythical.com
THANK YOU

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AMES 2016 - The Human Side of Analytics

  • 1. Stephen Tracy Data & Insight Lead, SEA THE HUMAN SIDE OF ANALYTICS
  • 3. 3 INTRODUCTION The big data and analytics industry is booming
  • 4. 4 INTRODUCTION The technology landscape that supports and drives the analytics industry has become very sophisticated, but the way we nurture, grow and invest in talent hasn’t kept up TECHNOLOGY PEOPLE
  • 5. 5 INTRODUCTION In APAC, the appetite for analytics solutions is high, but maturity is still relatively low Adequate budgets Impact of analytics The right talent The right org structure Sophistication of use cases
  • 6. 10 TIPS FOR ANALYTICS SUCCESS
  • 8. 8 ASK GOOD QUESTIONSONE Image Source: @nathanwright Machines are good at answering complex questions, but they’re not very good at asking them
  • 10. 10 ASK GOOD QUESTIONSONE Do you like Starbucks? Yes No 1 2 3 4 5 6 7 8 9 10 On a scale of 1-10, how would you rate your perception of Starbucks? Extremely Negative Extremely Positive What is your perception of Starbucks? Very Positive Somewhat Positive Neutral Somewhat Negative Very Negative Rank the following brands based on your preference? Costa Coffee Starbucks Coffee Bean Coffee Connoisseur 1 2 3 4 Which of the following brands do you like (choose top 2) Costa Coffee Starbucks Coffee Bean Coffee Connoisseur Other In your own words, what is your perception of Starbucks? Type Response….
  • 12. 12 THINK LONG TERMTWO OrganizationalAnalyticsMaturity FOUNDATION REPORTING ANALYSIS & OPTIMIZATION TESTING & PERSONALIZATION ADVANCED ANALYTICS
  • 13. 13 THINK LONG TERMTWO OrganizationalAnalyticsMaturity FOUNDATION REPORTING ANALYSIS & OPTIMIZATION TESTING & PERSONALIZATION ADVANCED ANALYTICS
  • 14. 14 THINK LONG TERMTWO FOUNDATION REPORTING ANALYSIS & OPTIMIZATION TESTING & PERSONALIZATION OrganizationalAnalyticsMaturity Foresight Insight Hindsight Strategy ADVANCED ANALYTICS Predictive Modeling Big Data Advanced Segmentation Advanced Personalization DMP Your journey to analytics success is NOT LINEAR NOT FINITE AND FULL OF INFINITE POSSIBILITIES
  • 15. 15 DISCOVERY & DESIGN ANALYTICS IMPLEMENTATION REPORTING & ANALYSIS TESTING & OPTIMIZATION PERSONALIZATION ADVANCED ANALYTICS  Requirements closure  Capture and categorize requirements  Identify KPI’s and map to business objectives  Review wireframes / visual designs  Technical assessment of implementation feasibility  Solution Design  Tagging Guide  Tag Manager + data layer setup  Set-up basic reports & dashboards  Automate and standardize reporting wherever applicable  Data consolidation from multiple channels for a single view  Set-up A/B tests based on business needs  Audit site for optimization and personalization opportunities  Send personalized campaigns through emails  Serve personalized .COM experience based on visitor behaviours  Build statistical models based on real data to predict and forecast any key metrics (like revenue or orders)  Identify correlation between offline events on THINK LONG TERMTWO FOUNDATION HINDSIGHT INSIGHT FORESIGHT Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4QUARTER PHASE ACTIVITIES Dynamic Tag Manager TECHNOLOGY + - Dynamic Tag Manager Adobe Analytics Adobe Target Example Roadmap
  • 17. 17 START WITH PEOPLETHREE The people (e.g. analysts) who manage, maintain, and grow your analytics program PEOPLE KNOWLEDGE TECHNOLOGY The knowledge (e.g. best practice, documentation, standards, protocols, processes, etc) that ensure effectiveness, efficiency and consistency The technology which enables automation and aggregation of data collection and analysis
  • 18. 18 START WITH PEOPLETHREE 10 / 90 RULE For every $10 you spend on a tool you should be investing $90 "intelligent resources/analysts” (i.e. people) $25,000 $250,000$225,000 $2,250,000 Tech People
  • 19. 19 START WITH PEOPLETHREE 10 / 90 RULE For every $10 you spend on a tool you should be investing $90 "intelligent resources/analysts” (i.e. people) $25,000 $250,000$225,000 $2,250,000 Tech People
  • 20. 20 START WITH PEOPLETHREE 10 / 90 RULE For every $10 you spend on a tool you should be investing $90 "intelligent resources/analysts” (i.e. people) $25,000 $250,000$225,000 $2,250,000 Tech People
  • 21. 21 START WITH PEOPLETHREE 10 / 90 RULE For every $10 you spend on a tool you should be investing $90 "intelligent resources/analysts” (i.e. people) $25,000 $250,000$225,000 $2,250,000 Tech People
  • 22. 22 START WITH PEOPLETHREE 10 / 90 RULE For every $10 you spend on a tool you should be investing $90 "intelligent resources/analysts” (i.e. people) $25,000 $250,000$225,000 $2,250,000 Tech People
  • 23. 23 START WITH PEOPLETHREE 10 / 90 RULE For every $10 you spend on a tool you should be investing $90 "intelligent resources/analysts” (i.e. people) $25,000 $250,000$225,000 $2,250,000 Tech People
  • 25. 25 SEEK TRUTH NOT VALIDATIONFOUR 22,857,224 103 impressions conversions 3,374,840 video views 234,438 website visits 89% bounce rate 11 sec visit duration
  • 30. 30 UNDERSTAND YOUR DATAFIVE  How was the data collected? (e.g. poll, census, etc)  What metrics, data formats and units of measure are included?  How is the data structured? (e.g. by date/time, by category, etc)  How granular is your data set? (e.g. broken down by day, month, year, etc)  Where and how is the data stored? (e.g. 3rd party vendor, owned databased in the cloud, on-premise, etc)
  • 32. 32 UNDERSTAND THE LIMITS OF TECHNOLOGYSIX “We decided to test two identical versions of our homepage against each other. You’d think these two variants, being identical, would have nearly the same conversion rate…. We saw that the new variation, which was identical to the first, saw an 18.1% improvement. Even more troubling was that there was a “100%” probability of this result being accurate.
  • 33. 33 UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
  • 34. 34 “I love this” “I hate this”“meh” contextual polarity UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
  • 35. 35 27% 30% 35% 57% 55% 49% 43% 17%18% 21% 22% 26% 0% 10% 20% 30% 40% 50% 60% Platform 1 Platform 2 Platform 3 Human Panel %ofCommentsAnalyzed Evaluating the Efficacy of Automated Sentiment Positive Neutral Negative UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
  • 36. 36 27% 30% 35% 57% 55% 49% 43% 17%18% 21% 22% 26% 0% 10% 20% 30% 40% 50% 60% Platform 1 Platform 2 Platform 3 Human Panel %ofCommentsAnalyzed Evaluating the Efficacy of Automated Sentiment Positive Neutral Negative UNDERSTAND THE LIMITS OF TECHNOLOGYSIX
  • 38. 38 ENSURE YOU HAVE OWNERSHIPSEVEN You need a person or team to own your analytics practice and drive it forward. This entity needs to nurture the following: VISION ACCOUNTABILITY GOVERNANCE COLLABORATION EVANGELISM Ensure you are on track and pursuing a vision Ensure there is accountability to your analytics output Ensure governance controls are in place and observed as it relates to analytics Encourage and drive collaboration across the business to ensure data isn’t stuck in silos Advocate data driven thinking across the business and create new stakeholders
  • 39. 39 invest in storytellers not just data crunchers eight
  • 40. 40 INVEST IN STORYTELLERSEIGHT Empirical storytelling is the process of using data to tell a rich and compelling story. In practice, empirical storytelling requires a proficiency in collecting, cleaning, interpreting and visualizing data, but it also requires someone who can communicate the data and key message in a way that resonates with the audience Empirical Storytelling
  • 41. 41 INVEST IN STORYTELLERSEIGHT “You can have piles of facts and still fail to resonate. It’s not the information itself that’s important but the emotional impact of that information.” “[few] grasp how to use data to tell a meaningful story that resonates both intellectually and emotionally with an audience” Nancy Duarte – Writer, Speaker, CEO Daniel Waisberg - Analytics Advocate, Google
  • 42. 42 INVEST IN STORYTELLERSEIGHT CHALLENGE Green Mountain sold 18 billion coffee pods in two years. How can you give people a concrete sense of just how many objects that is? SOLUTION Use physical space to create context.
  • 45. 45 FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
  • 46. 46 FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE DISTANCE LOCATION & DIRECTION SIZE OF ARMY TEMPERATURE ADVANCE RETREAT
  • 47. 47 FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
  • 48. 48 FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
  • 49. 49 FIND MEANINGFUL WAYS TO COMMUNICATE DATANINE
  • 51. 51 insight is an interpretation of data which has value and enables a business decision you need insight, not more data you need to actually take action, otherwise the insight has zero value TRANSFORM DATA INTO INSIGHTTEN
  • 52. 52 TRANSFORM DATA INTO INSIGHTTEN Average Time to Data Analysis 10% 17% 33% 22% 15% 3% Minutes Hours Days Weeks Months Year or more 4% 11% 24% 32% 22% 3% 6% Minutes Hours Days Weeks Months Year or more Not deployed Average Time to Action What’s the Value of Analytics?
  • 53. 53 TRANSFORM DATA INTO INSIGHTTEN Average Time to Data Analysis 10% 17% 33% 22% 15% 3% Minutes Hours Days Weeks Months Year or more 4% 11% 24% 32% 22% 3% 6% Minutes Hours Days Weeks Months Year or more Not deployed Average Time to Action Better decisions made faster What’s the Value of Analytics?
  • 54. 54 TRANSFORM DATA INTO INSIGHTTEN Average Time to Data Analysis 10% 17% 33% 22% 15% 3% Minutes Hours Days Weeks Months Year or more 4% 11% 24% 32% 22% 3% 6% Minutes Hours Days Weeks Months Year or more Not deployed Average Time to Action Better decisions made faster Decreasing your time to insight is easier to do, and can be enabled through technology/software Decreasing your time to action is MUCH harder, and involves talent, processes, governance and change management What’s the Value of Analytics?