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Use this title slide only with an image Explore What The Latest BI Innovations Mean To Your Business Timo Elliott, Global Innovation Evangelist, SAP @timoelliott

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Page 1: Explore What The Latest BI Innovations Mean To Your Business

Use this title slide only with an image

Explore What The Latest BI InnovationsMean To Your BusinessTimo Elliott, Global Innovation Evangelist, SAP

@timoelliott

Page 2: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 3

Analytics Takes Over The World…

Page 3: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 4

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!

Page 4: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 5

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”

Page 5: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 6

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

Page 6: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 7

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

Page 7: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 8

Four Big TrendsDashboards of Tomorrow

Prescriptive Analytics

Big Data Discovery

Analytics Culture

Page 8: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 9

Predicting Prescriptive Analytics

Page 9: Explore What The Latest BI Innovations Mean To Your Business

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

Page 10: Explore What The Latest BI Innovations Mean To Your Business

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,-

Page 11: Explore What The Latest BI Innovations Mean To Your Business

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

Page 12: Explore What The Latest BI Innovations Mean To Your Business

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

Page 13: Explore What The Latest BI Innovations Mean To Your Business

14© 2015 SAP SE or an SAP affiliate company. All rights reserved.

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

Page 14: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 15

Transport For London

Page 15: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 16

Centerpoint Energy

Page 16: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 18

Big Data Discovery

Page 17: Explore What The Latest BI Innovations Mean To Your Business

19© 2015 SAP SE or an SAP affiliate company. All rights reserved.

Big Data Discovery =

Big DataData DiscoveryData Science

Gartner Strategic Planning Assumption: By 2017, Big Data Discovery Will Evolve Into a Distinct Market Category

Page 18: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 20

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

Page 19: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 21

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

Page 20: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 22

Potential impact per user

Potential user base

The Rise of the Citizen Data Scientist?

Business analyst

Data scientist

Citizen data scientist

Page 21: Explore What The Latest BI Innovations Mean To Your Business

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Citizen Data Scientists

Page 22: Explore What The Latest BI Innovations Mean To Your Business

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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

Page 23: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 25

SAP’s Opportunity

Big Data

Discovery

SAP HANA (+ Hadoop etc.)

SAP Predictive Analytics 2.0

SAP Lumira

Page 24: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 26

The Dashboards of Yesterday And

Tomorrow

Page 25: Explore What The Latest BI Innovations Mean To Your Business

Boardroom Redefined

Source:In-Memory Data Management: An Inflection Point for Enterprise Applications. Hasso Plattner Alexander Zeier

Page 26: Explore What The Latest BI Innovations Mean To Your Business

28© 2015 SAP SE or an SAP affiliate company. All rights reserved.

“Intricate calculations of sales by territories will appear as if by magic in the digital age ahead”

Page 27: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 29

Decision Cockpits

Page 28: Explore What The Latest BI Innovations Mean To Your Business

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Page 29: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 31

Analytics Culture

Page 30: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 32

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

Page 31: Explore What The Latest BI Innovations Mean To Your Business

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Are you the taxi company, or Uber?

Page 32: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 34

Culture: Suits AND Hoodies

Source: Gartner

Page 33: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 35

Dashboardsof Tomorrow

Prescriptive Analytics

Big Data Discovery

Analytics Culture

See, understand, and optimize new opportunities

Conclusion

Page 34: Explore What The Latest BI Innovations Mean To Your Business

© 2015 SAP SE or an SAP affiliate company. All rights reserved. 36

“Judge a man by his questions rather than his answers.”

Voltaire

Page 35: Explore What The Latest BI Innovations Mean To Your Business

Thank You!Timo ElliottVP, Global innovation Evangelist

[email protected] @timoelliott