explore what the latest bi innovations mean to your business
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Explore What The Latest BI InnovationsMean To Your BusinessTimo Elliott, Global Innovation Evangelist, SAP
@timoelliott
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Analytics Takes Over The World…
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88%
How Do Executives Make Decisions?
Aspect Consulting, 1997
12%Hard Facts
Gut Feel
90%
10%Hard Facts
Gut Feel
Economist Intelligence Unit, 2014
Why the worst-practice shaded 3D donut charts? JUST TO ANNOY DATA VISUALIZATION EXPERTS!
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Benefits from Big Data Initiatives
#5 Identified new product opportunities (6%)
#4 More reliable decision making (9%)
#3 Improved operational efficiency (11%)
#2 Identified new business opportunities (31%)
#1 “DON’T KNOW” (51%)
Source: Information Difference Research Study Dec 2013: “Big Data Revealed”
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Big Data On The Gartner Hype Cycle
Source: Gartner, August 2014
Innovation trigger Peak of Inflated Expectations
Trough of Disillusionment
Slope of Enlightenment
Plateau of Productivity
Big Data
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Use AnalyticsToday
NeedAnalytics by 2020
Gartner, 2014
The Opportunity
Inability to see, understand, and optimize new opportunities
Inaccessible dataand technology Insights remain hidden
Complexity, cost, confusionSilos of approaches and analytic technologies
75%
10%
Slow decision making lacking future view
Rear view mirrorBI mentality
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Four Big TrendsDashboards of Tomorrow
Prescriptive Analytics
Big Data Discovery
Analytics Culture
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Predicting Prescriptive Analytics
Descriptive:What happened?
Diagnostic:Why did it happen?
Predictive:What will happen?
Prescriptive:How can we make it happen?
Taking Analytics To The Next Level?
Source: Gartner
DATA SCIENCE
QUIZ.
These numbers were found in two tax declarations. One is entirely made up. Which one?
EUR
127,-2.863,-
10.983,-694,-
29.309,-32,-
843,-119.846,-18.744,-
1.946,-275,-
EUR
937,-82.654,-18.465,-
725,-98.832,-
7.363,-4.538,-
38,-8.327,-
482,-2.945,-
1 2 3 4 5 6 7 8 9
30.1%
17.6%
12.5%
9.7%7.9%
6.7% 5.8% 5.1% 4.6%
Benford’s LawDistribution of the first digit of real-world sets of numbers that uniformly span several orders of magnitude
DATA SCIENCE
QUIZ.
These numbers were found in two tax declarations. One is entirely made up. Which one?
EUR
127,-2.863,-
10.983,-694,-
29.309,-32,-
843,-119.846,-18.744,-
1.946,-275,-
EUR
937,-82.654,-18.465,-
725,-98.832,-
7.363,-4.538,-
38,-8.327,-
482,-2.945,-
Benford's Law, also called the First-Digit Law
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1999 to 2009
“Greece shows the largest deviation from Benford’s law with respect to all measures. [And] the suspicion of manipulating data has officially been confirmed by the European Commission.”
Fact and Fiction in EU-GovernmentalEconomic Data, 2011
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Transport For London
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Centerpoint Energy
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Big Data Discovery
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Big Data Discovery =
Big DataData DiscoveryData Science
Gartner Strategic Planning Assumption: By 2017, Big Data Discovery Will Evolve Into a Distinct Market Category
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Big Data Discovery
• Volume, velocity, or variety of data
• Potential business impact
• Difficult to implement• Potentially expensive• Lack of skills available
• Ease of use• Agility and flexibility• Time-to-results• Installed user base
• Complexity of analysis
• Potential impact• Range of tools• Smart algorithms• Difficult to implement• Slow and complex• Narrow focus of
analysis
• Limited depth of information exploration
• Low complexity of analysis
BIGDATA
DATASCIENCE
DATADISCOVERY
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Big Data Discovery
• Simpler to use than data science
• Accessible to a wider range of users
• Broad range of data manipulation features
• Able to handle new types of data sources
• With adequate performance for big data
BIG DATA
DISCOVERY
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Potential impact per user
Potential user base
The Rise of the Citizen Data Scientist?
Business analyst
Data scientist
Citizen data scientist
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Citizen Data Scientists
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The Opportunity
New Business Opportunities
Traditional Analytics
Data Value
Volume / Variety / Velocity of Data
“Big Data Discovery” Data DiscoveryBig DataData Science
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SAP’s Opportunity
Big Data
Discovery
SAP HANA (+ Hadoop etc.)
SAP Predictive Analytics 2.0
SAP Lumira
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The Dashboards of Yesterday And
Tomorrow
Boardroom Redefined
Source:In-Memory Data Management: An Inflection Point for Enterprise Applications. Hasso Plattner Alexander Zeier
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“Intricate calculations of sales by territories will appear as if by magic in the digital age ahead”
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Decision Cockpits
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Analytics Culture
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Business vs. Corporate IT: “It’s Not You — It’s Your Data”
“We found, on average, that 45% of the data business people use resides outside of the enterprise BI environments.
An astonishingly miniscule 2% of business decision-makers reported using solely enterprise BI applications.
This is undoubtedly connected to 76% of business respondents indicating they continue to resort to spreadsheets and other homegrown BI applications to analyze BI data. ”
Source: Forrester
45%
55%
In enterprise systemsNot in enterprise system
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Are you the taxi company, or Uber?
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Culture: Suits AND Hoodies
Source: Gartner
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Dashboardsof Tomorrow
Prescriptive Analytics
Big Data Discovery
Analytics Culture
See, understand, and optimize new opportunities
Conclusion
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“Judge a man by his questions rather than his answers.”
Voltaire
Thank You!Timo ElliottVP, Global innovation Evangelist
[email protected] @timoelliott