future of big data & analytics paul ormonde james
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The future needs addressing now. Technology is driving change at dog year rates (x7) see the future now and build competitive advantage, navigate the unknown with cybertrekingTRANSCRIPT
Paul Ormonde-James 2014CYBER
TREK
ING.COM
By Paul Ormonde-James
January 2014
The future is closed than
you think
. COM
Paul Ormonde-James 2014CYBER
TREK
ING.COM
If we cannot embrace change, we will not
survive…
What are the trends we must embrace?
What will be the impacts?
What must we do to turn change to opportunity?
How can I make a difference?
Today I will discuss the key future trends and how to make a difference
Paul Ormonde-James 2014CYBER
TREK
ING.COM
Businesses will continue to embrace machine
learning and automation
• Further than prediction
• Learning algorithms
• Intuitive churn
modelling
• Programs that teach
the analyst
Paul Ormonde-James 2014CYBER
TREK
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Businesses will search for the right
balance between human and machine
capability and judgment
• Machines will propose
scenarios and at a speed
faster than humans allowing
dramatic decision making
• Ultimately machines will
have consciousness and will
make intuitive decisions.
• Technologies for inter-
machine human interfaces
will increase
Paul Ormonde-James 2014CYBER
TREK
ING.COM
Data scientists will drive new products
and services
• The traditional product
manager will be replaced with
sophisticated analytic data
scientists, predicting
consumer needs with
accuracy based on universal
knowledge
• Machines and intelligence will
also use 3D printing to build
exactly what people want
• The society will move to
complete disposable
everything and recycling
Paul Ormonde-James 2014CYBER
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Companies get beyond big data hype
• Omni-present intelligence will
replace the infant concepts
of Big Data.
• Big Data propositions will be
laughed at, as machine
learning drives accurate
small data
• Knowledge workers will drive
productivity and even
traditional management.
• Executives will be the
smartest of populations
Paul Ormonde-James 2014CYBER
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Big structured data will make a name for
itself
• The data continuum will revolve
360 degrees
• The structure will be driven by
sophisticated logic systems
based on learning
• Cloud everywhere will be
supported by continuous live
connection
• System architectures will evolve
to meet the real time nature of
information and intelligence
Paul Ormonde-James 2014CYBER
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The analytics profession continues to
mature• Intelligence Analytics will evolve
based on machine learning
• Current technologies will be
replaced with more sophisticated
approaches to decision making in
structurally flat organisations
• Executive levels will be substantially
reduced as ideas and delivery is
easily managed in flat structure due
to continuous connection to
information
• There will only be decisions and
knowledge. Analytics will be the only
competitive advantage
Paul Ormonde-James 2014CYBER
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Vendors and users will focus on
operationalizing and managing models
• Models will drive decisions
• Vendors will provide only cloud
solutions
• Applications will be fully customizable
by learning algorithms. No need for
vendor customisations
• Machine learning will allow
experience to be shared by
companies and eliminating the big
consultancies
• Holographic interfaces allows
dynamic scenario analysis
Paul Ormonde-James 2014CYBER
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The adoption of Analytics as a Service will
accelerate• Analytics will become a
commodity
• Adoption to markets will be fully
automated
• Industry knowledge will be stored
online for all to access reducing
need for people to retain.
• Organisations will leverage
global learning
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Facial recognition data will play a bigger
role
• From recognition for access to
ATMs and banking to control of
automated functions
• Reading moods for lighting and
for offers online
• Control of computer interfaces
• Reading and anticipating
responses
Paul Ormonde-James 2014CYBER
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Wearable device data will be incorporated
into predictive analytics
• Anticipation of an individuals
needs and wants
• Interfacing with others
• Sharing feelings and emotions
• interconnections to machines
• Relationship management
• Emotional control
Paul Ormonde-James 2014CYBER
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Businesses will embrace visualizations for
all types of data• Inter corneal interfaces
• Connected neural and cognitive
networks
• Fully integrated holographic
interfaces
Paul Ormonde-James 2014CYBER
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Businesses will consider adding "lawyer"
to their big data line up?• Privacy gone wild
• Derived personal information so
accurate it predicts what you will
do
• Control on what you may do not
what you have done
• Thoughts open on cloud.
• No secrets
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Massively connected all the time
• Knowing where everyone is located
at any time with great accuracy
• Connection with anyone at anytime
anywhere
• New filtering opportunities
• Spam of information by interpersonal
channels
• Thinking and doing become blurred
Paul Ormonde-James 2014CYBER
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When computers disappear
• Data transfer through thought
• Memory stored in skin
• Mind the future computer
• Bluetooth replaced by 3D
image transfers person to
person
• People and machines blurred
Paul Ormonde-James 2014CYBER
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Change will continue
Paul Ormonde-James 2014CYBER
TREK
ING.COM
By Paul Ormonde-James
January 2014