analytics
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Simple ppt for AnalyticsTRANSCRIPT
ANALYTICS
Deepak AgarwalMDI Gurgaon
Agenda
Views on Analytics What is Analytics Evolution Relevance Process Capabilities Technologies Applications Associations Vendors & players Present & Future
What leaders say about Analytics
Analytics. What’s this ?
Analytics in a Nut Shell
Analytics in a Nut Shell
Text Mining - Analytics EvolutionEvolutionary Step Business Question Characteristics
Data Collection (1960s)
What was the total sales in the last 5 years?
Retrospective, static data delivery
Data Access (1980s) What were the unit sales in India in November?
Retrospective, dynamic data delivery at record level
Data warehousing & decision support (1990s)
What were the unit sales in India in November? drill down to US ?
Retrospective, dynamic data delivery at multiple levels
Data mining (emerging today)
What’s likely to happen to India sales next month and why?
Prospective, proactive information delivery
Relevance: Why & Where
Why Where
Burgeoning field Business intelligence applications
Massive data Huge easily available data
Powerful computers Articles, Abstracts, Books, Memos
Data Mining softwares Blogs, Reviews, Discussion Boards
Accenture Survey Results
Past, Process, Predict
Some Analytical Capabilities
Innovative Technologies’ Importance
Source: Hurwitz & Associates
Technologies’ Applications
Source: Hurwitz & Associates
Analytics’ Applications Algorithm
Some fields of Applications
Association & its Roles
Vendors
Players & Performance
Source: Hurwitz & Associates
Market getting crowded each day…
Source: Hurwitz & Associates
Recent Acquisition Trends
Recession
Future
References
Competing on Analytics, Thomas H. Davenport, Don Cohen & Al Jacobson, May 2005
The imperative of Analytics, Greg todd, Information Management Magazine, Mar 2, 2009
http://fbhalper.wordpress.com/2008/06/12/four-questions-about-innovations-in-analysis/
http://www.analyticsevolution.com/2009/07/forrester-wave-just-facts-please.html
http://it.toolbox.com/blogs/crm-realms/will-banks-drag-bi-down-into-a-recession-28514