Every 7-10 years, technology delivery undergoes a tectonic shift; one that opens up new business and access models. A shift that changes the way technology is consumed and the value that it can bring. A change in what is possible. A removal of inhibitors that unleash the power of innovation. Today, mobility, social, big data, and the advent of cloud computing are representative of such shifts offering a new means for IT to help organizations accelerate progress towards solving their most pressing challenges (including speeding innovation, enhancing agility, improving financial management). These shifts can unleash the power of IT to not only support but help shape the business. There has been a lot of confusion in the market about what is Big Data and how to manage it. Many claim that there is a single tool that can meet all Big Data requirements and provide a solution to all of your needs. Big Data solutions need to incorporate many types of data:Social Media DataDisparate DocumentsWeb log dataMobile interactionsGeospatial Location InformationMachine Sensor DataVarious Security IntrusionsKey message:What is different is not just the volume, but variety and velocitySeveral of these techs did not exist 10 years ago – google search, facebook, tweetsYour customers are interacting with you in new waysYesterdays technology is not able to keep pace.\
Combining the traditional with the new data sources – connecting the data into actionable insights
Key messageWhen delivering HAVEn messaging talk at business level firstThe key message to leave – doing nothing is not a choice anymore – if you want to be a leader you have to lead and invest in big data
Key message:it is happening across industries. HP is helping make it happenBut more importantly, as we do this, we are seeing repeat patterns and use casesStress the use cases that are more relevant to their industry
Key messages:Data growth is too high, just like you would not put warehouse workload on an OLTP database, the volume, variety and velocity of Big Data does not lend itself to legacy technologies. It is either way too inefficient or way to costly. (aka. Existing warehouse products built for Tera sizes as opposed to the Peta or Yota sizes for today)There is a shortage of talent. You need a trusted consulting partner who can bring in some Big Data experience help to get these projects started and help you prioritize the use cases with the most ROIIT is constantly being asked to do more – provide insights on data. But legacy technologies don’t scale well to process Big Data and thus cost a lot of money. But the budgets are not growing. This leads to lack of insight to lines of business even with basic questions like – which of my customers is most likely to leave, or which customer is very influential on social networks and is currently unhappy
Three distinct problems: machine data (logs), business information, human informationGrowth in machine and humanVertica structuredAutonomy unstructured. Building platform – add ESPAnd a natural place to put it… Hadoop data lake.Multiplicity for applications
To further its innovative image, NASCAR has teamed with HP Enterprise Services to develop the NASCAR Fan and Media Engagement Center (FMEC), a resource that enables NASCAR to better serve the industry, media, and fans through a solution that facilitates near real-time response to traditional, digital, and social media. Further, HP innovations in social business help NASCAR analyze and determine the right voice, the right tone, and the right message to reach critical new audiences and increase the fan experience. Located in Charlotte, N.C., the facility opened in October 2012. The FMEC leverages information management and analytics solutions from HP to enable NASCAR to continuously listen to, monitor, and engage with leading media channels. NASCAR now has access to a complete analysis of all key forms of media, including print, television, radio, video, images and social media, which will provide the sports leader and its industry partners with actionable insights on trending news and conversations. By facilitating more collaboration around this information, NASCAR and its partners will be better equipped to enhance the fan experience.Highlights of the FMEC include: Provides real-time data capture and analysis of conventional media (i.e. video and audio) and social media (blog, Twitter, Facebook) to help understand fan behavior across all forms of mediaAllows NASCAR to directly share its “voice” with fans, facilitating direct and network discussionsTransforms data into meaningful and actionable business information across the enterprise and with teams and partnersSolutions are very flexible, being able to leverage NASCAR’s existing data assets and information provided from 3rd party agenciesProvides broadcast worthy visualizations and content
Over the coming years, an organization’s Return on Information will be the single most important measure of success. Return on Information is the value that enterprises or governments derive from their investments in storing, managing, analyzing, and acting upon information. Return on Information is a strategic view of investment. It is the higher order measurement beyond the traditional ROI. Information value, by definition, is the reason for all Information Technology investment. There are three key factors in Return on Information: insight, time to value, and cost. Insight is the value extracted from all types of information; and the value of that insight is derived from the percentage of data that an organization analyzes, how deeply it analyzes that data, and how many people benefit from the analytics. Insight is about analyzing 100 percent of the data and ensuring that everybody who needs it understands what should drive critical enterprise decisions. The more right-time actionable insight, the greater the value an organization derives from its information.Time to value is the speed at which information insight is made available. We are in a new world which demands near-instant decisions on a 24x7x365 basis. As a result time to value has never been more important. The right people need the right information at the right time to maximize the value of the information.Total cost is how much enterprises spend on their information. Total cost comprises the Capital and Operational expenditures (CapEx, OpEx) required to store, manage, and analyze data. Many organizations don’t realize that, when they’re not managing or analyzing 100 percent of their data, they’re still paying ever-increasing costs to store and manage inert data. Therefore, they can often reduce their total costs by just actively managing their information. The three components of Return on Information translate to a simple equation. The value derived from actionable insight is inversely proportional to (divided by) the time to value; the sooner the insight is delivered, the greater the data value. Return on Information is the data value divided by the total cost.