strategies for the game - redpoint global · 10/21/2016 · big data one product, one install,...
TRANSCRIPT
Data scientists spend 80% of their time preparing and managing data
for analysis1
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REDPOINT GLOBAL INC. 36 WASHINGTON ST., SUITE 120, WELLESLEY HILLS, MA 02481 USA +1 781 725 0250 | www.redpoint.net
Strategies for the Game
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80%
There is a shortage of
data analysts and scientists1.7 Million
DATA PREP
ITNo longer overwhelmed with data preparation. Focus on governance, permissions, and creating and supporting analytic sandboxes and data lakes
Business analystsNo more waiting for IT. Use drag and drop tools to access the data you need and prepare for analytics
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DATA QUALITY
ITEmpower analysts with solutions that clean, validate, and enrich data
Business analystsFollow customers accurately across all touchpoints
1 https://marksmith.ventanaresearch.com/2015/02/21/the-establishment-of-data-preparation/
2 http://www.mckinsey.com/business-functions/business-technology/our-insights/big-data-the-next-frontier-for-innovation
3 http://info.crowdflower.com/2015-data-scientist-report
4 http://www.healthdatamanagement.com/news/data-quality-issues-bog-down-use-of-analytics
5 https://dzone.com/articles/how-to-minimize-data-wrangling-and-maximize-data-i-1
6 451 Research State of Enterprise Data Quality: 2016 report
7 TDWI
8 http://lemonly.com/work/the-cost-of-bad-data/
9 http://info.crowdflower.com/2015-data-scientist-report/
10 https://www.scribd.com/doc/258147763/2015-Big-Data-and-Analytics-Infographic
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of respondents expect the
number of data sources and the volumes of data in their
organization to increase in the
coming year6
95%
DATA BLENDING
ITCombine data sources into a single data flow that can be used by multiple stakeholders
Business analystsGain 360-degree view of the customer for competitive advantage
92%of organizations have 16-20 data sources. Data is spread across multiple locations in different formats5
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Bad data or poor quality data costs organizations as much as
10-20% of their revenue8
20%
AUTOMATION
ITDrastically reduce data prep time with a scalable, automated data pipeline
Business analystsMore data really translates to more business value
52%
of data scientists report their biggest obstacle is poor quality data3
87%
of data management professionals surveyed report that they’ve added bad data into their data stores4
50%of businesses spend more time cleaning data than using it7
More than
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of enterprises surveyed say
integration into existing infrastructure is the top
priority during vendor
evaluation10
51%
INTEGRATION
ITPick modern technology to manage integrated processes at scale
Business analystsTake action and make decisions based on concrete data
54%of data scientists lack the tools required to do their job effectively9
An Integrated Data Management Solution
Offers an integrated solution that supports businesses with a complete toolset to manage big data at scale
CompletenessCombined data quality
and data integration capabilities
AgilitySolution adapts to new demands and new data
sources with ease
Big DataOne product, one
install, across hybrid databases and Hadoop
Speed to ValueUI and pre-built
functions help users get work done quick
PerformanceMassive, scalable
architecture
360
HOW BUSINESS ANALYSTS AND IT WIN AT BIG DATA ANALYTICS
Strategy 2Ensure high data quality
Strategy 3Gain insight by blendingmultiple data sources
Strategy 5Select technology that integrates with ease, and at scale
Strategy 1Provide analytic-ready data for analysts
Strategy 4Leverage automation to achieve and maintain data accuracy
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