THE ENTERPRISE ANALYTICAL JOURNEY Wouldn’t it be cool if???
DATA GOVERNANCE The best money spent is on standardizing data Unstructured data is more costly to analyze and less accurate to build on Data governance must be woven into systems so standardization becomes part of the process
INFORMATICA Data integration and management (iPaaS) Extract-Transform-Load Connect disparate data sources into single data lake
DESCRIPTIVE ANALYTICS Used to analyze what has happened in the past Identify trends over time periods Support business case assumptions on known factors Anyone in the business with analytical/statistical skills can master
EXCEL: THE WORLDS MOST USED BI TOOL Easy to learn, impossible to master Quickly dissect data, perform governance on the fly PivotTables provide powerful analysis Dealing with larger amounts of data can be challenging
PERISCOPE Quickly turn SQL queries into powerful visualizations Develop Departmental or process related scorecards to track information by Day/Week/Month/YOY
PRESCRIPTIVE ANALYTICS Provide Decision Support Move decision making to the front line Eliminate gut instinct from decision-making Create Autonomous Systems based in analytics
SALESFORCE ANALYTICS STUDIO Suite of analytics tools from Salesforce.com Quickly slice and dice data Drill down through transactional detail Real time information with live connection to data source
PREDICTIVE ANALYTICS Use past history with educated assumptions to predict future information Use algorithms and statistical techniques like regression and cluster analysis Larger datasets required to predict results Employ a data scientist or consultant! (Look for statistics or actuarial experience)
R & PYTHON Open source languages with large support communities Many open source libraries like TensorFlow to assist with machine learning modeling and tasks Image recognition, text analysis, pattern discovery
WHAT’S NEXT? Natural language processing AI (Watson) In-Line analysis of unstructured data IOT analysis
Questions?