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Big data? No. Big Decisions are What You Want

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Big data? No. Big Decisions are What You Want

  1. 1. Big Data? No. Big Decisions are What You Want. Stuart Miniman Wikibon, Senior Analyst stu@wikibon.org @stu This presentation and more at http://wikibon.org/BigData
  2. 2. Big Questions What is Big Data? Evolution or Revolution of Business Intelligence (BI)? Who is Using Big Data? How Should Practitioners Proceed?
  3. 3. Massive Data Growth Source: http://wikibon.org/blog/infographics/
  4. 4. Transforming Data Knowledge BI as we know it has failed.
  5. 5. The Old Way CRM Data ETL Traditional ERP Normalized Data Data Data Data Quality Warehouse Finance Business Analyst Data Warehouse Administrator Business User
  6. 6. VOLUME TYPE SPEED BIG DATA
  7. 7. BIG DATA Process and Analyze ALL Your Data Ask NEW Questions Ask MORE Questions Get Answers FASTER Get CLEARER Insight MAKE BETTER BUSINESS DECISIONS
  8. 8. BIT FLIP Subsets All Data Historical Near Real-time Structured (database) Structured/Unstructured Data growth as a Data as a new source of burden & challenge competitive opportunity
  9. 9. Two NEW APPROACHES to BIG DATA Hadoop is is open source framework for processing and analyzing massive amounts of distributed data. Next Generation Data Warehouses use massively parallel processing, columnar architectures and data compression to analyze not-quite-so-massive data in close to real-time. These two approaches overlap in some areas and compliment one another in other areas.
  10. 10. Data Scientists 10/90 rule for magnificent data success Over-invest in people, because without that investment big data will absolutely, positively, be a big disappointment for your company. Computers and artificial intelligence are simply not there yet. Hence your BFF is natural intelligence. -AvinashKaushik http://www.kaushik.net/avinash/big-data-imperative-driving-big-action/
  11. 11. BIG MONEY in BIG DATA CAGR of 58% Revenue mix today: 44% services, 31% hardware, 25% software
  12. 12. Recommendation Engine Use Hadoop to match and recommend users to one another or to products and services based on analysis of user profile and behavioral data
  13. 13. IT: BIaaS Predictions of Future Equipment Failures
  14. 14. Large Media Company: BIG DATA + WAN Site 1: Advertising Site 2: Content Analysis Customization 10 Hadoop GbpsHadoop Hadoop Clusters Traffic Clusters DC1 DC2 7PB 7PB 1 2 3 10 TB’s/day of source 5 TB’s/day for inter- 1 TB/day of data: browsing pattern, cluster sync results sent for click throughs, server logs integrated analysis with structured data
  15. 15. Customer Experience Analytics Integrating data from previously siloed channels such as call center, online chat, Twitter, etc. Source: Clickfox
  16. 16. New Revenue from Data The Associated Press is combining a mix of decades of historical news releases with real-time additions to create new monetization opportunities for it’s data using a document-oriented database (rather than traditional relational database). NYSE is delivering analytics on data that is seeing massive growth that adds up to Petabytes of information that can be offered as a cloud service to traders.
  17. 17. BIG DATA Infrastructure Network optimization (low latency) Share-nothing storage – Bring the computation to the data Massive compute requirements – Emerging opportunity in the cloud
  18. 18. BIG DATA Organization Broad cross-silo impact – Tight coordination needed between business decision makers and technology/analyst Organize for selling/buying data within organization and IT – Next-generation “chargeback”
  19. 19. What’s Your BIG DATA Strategy? Enterprises should … EVALUATE ENGAGE PLAN CULTIVATE EXECUTE REPEAT
  20. 20. Creating a BIG DATA IT Plan • Understand IO-centric technologies that allow near real-time big data processing • Select key vendor partnerships • Start with small projects of integrated design • Investigate opportunities to deliver big data services for your industry
  21. 21. What’s Your BIG DATA Strategy? Vendors should … LISTEN EDUCATE INNOVATE SELL SUPPORT REPEAT
  22. 22. Now Is the Era of BIG DATA Big Data is the new definitive source of competitive advantage across all industries. Special Thanks to David Floyer and Jeff Kelly This presentation and more at http://wikibon.org/BigData

Notes de l'éditeur

  • Resources:http://wikibon.org/BigData
  • Abstract: Everyone talks about big data, but big data isn’t really useful unless you can use it. What you need are big decisions. In this session, you will learn what constitutes big data, best practices to store it for retrieval, and how to use it to make business decisions. We will include a few case studies illustrating key points and provide a starting point on how to use big data to make big decisions
  • Gigabytes to Petabytes to Exabytes to ZettabytesToday’s “Big Storage” is tomorrow’s ”Little Storage”
  • Tools to understand data have been around for a long time – even in the 90’s we were learning how to “read the matrix”TRYING to do this isn’t new
  • Structured, well defined questions, typically not agile
  • Hadoop distributions include Cloudera, Hortonworks, MapRNGDW = EMC Greenplum, HP Vertica, Teradata Aster, IBM Netezza
  • High demand for new skills – gap in the workforce
  • Big names include IBM, Intel, Oracle, HP and “pure plays” like the vendors discussed on NGDW + Hadoop distribution slide
  • Everyone is familiar with websites that are crunching massive amounts of data to help provide connections/insight
  • Here’s an example from a large IT player who is “dogfooding” Big Data.
  • All your data – all sources – all locations
  • Understand your customers (ad placement, customer retention and much more)
  • Data = opportunity
  • Scalability, flexibility/extensible, robust architecture

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