technosoft presentation at nasscom big data event on 06 feb-2013
DESCRIPTION
This presentation was made at the Nasscom Tech Series Big Data event held in Chennai on 06-Feb-2013 and was made by Somjit Amrit, the Chief Business Officer for Technosoft Corporation In this presentation Somjit makes the case for why historically Business and IT haven't gone together hand in hand and goes on to state that Big Data could be what brings them together. He also emphasizes the importance of Big Data in addressing the fourth V namely Veracity (the others being Velocity, Volume and Variety).TRANSCRIPT
Can Big Data Bring Business and IT together?
The Need, The Enablers & The Trends
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Nasscom Tech Series on Big Data
February 06, 2013
Somjit AmritChief Business Officer,
Technosoft Corporation
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Discussion Points
Why Business and IT haven’t been together thus far What has changed now What is important – ‘Big’ , ‘Data’ , both or neither The glue that will hold them together –Veracity of Data The Industry response to this disruption –Telecom & Logistics
Business & IT – Not Together Thus Far
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Defined IT Projects based on
Business Requirements
Slower Pace of
Business
Unidirectional information flow from business ( consumer )
to IT (producer). IT as an acceleration agent
Business did not depend on IT to take decisions from BI reports.Fairly known data sources
No real-time decisions
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Big
Data Science = Business Analysis with Statistical Inputs
Data
Both
Neither
What is Important ?
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Compulsion or Conviction ?
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Veracity makes “sense from sensors”
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1 Generation of roaring streams
of “noisy” data
(sense from sensors, real v/s routine)
2 Identify typical and rare events
buried in noise
(noise filtering and outlier patterns)
3 Correlation or Causation / Deduction
or Induction?
(unidirectional or intertwined)
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Logistics Management – Case study of FedEx
9 million
90,000
690
220
12 million2.2 billion
platform of sensors streams exabytes of temperature, pressure, light, route data in real time to servers for predictive analytics
Source: http://www.academia.edu/157157/Modeling_the_Logistics_of_FedEx_International_Express
Despatch-Delivery Management: Technosoft’s PoV
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Fleet Telemetry
Logistics Components SenseAware Data Predictive Analytics Actionable Dashboard
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Telecom Network Failure Management Case Study
24 downtime
hoursUnknown cause
20 millionLong-term govtintervention
Software glitchled to traffic surge
Predictive analytics
20 millionEuros
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Telecom Network Health Management Framework
Source: http://www.fiercewireless.com/europe/story/ft-orange-network-outage-could-cost-20m-repairs-and-customer-compensation/2012-07-11
About Technosoft
• Founded in 1996
• 1850 employees and privately held
• Worldwide headquarters in Southfield, Michigan
• Data Sciences practice (TIES or Technosoft Info Edge Services) offers core BI/DW services as well as Value services such as Big Data integration and advanced predictive analytics
• Team of Data Scientists, Visualization Artists and domain experts
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13Cartoon attributed to Rube Goldberg