real-time analytics in a connected world
TRANSCRIPT
1 © 2016 Teradata
Real-Time Analytics in a Connected World
Mo Patel
Practice Director, AI & Machine Learning
Advanced Analytics Center of Excellence
Wharton School of Business
Mack Center for Innovation
Fall Conference
November 11, 2016
2 © 2016 Teradata
• What is the current state of Analytics?
• What are the driving forces of Analytics Innovation?
• What are the analytic needs of a connected consumer?
• How can we address those needs?
• What are some examples of Real-Time Analytics?
• What is next?
Agenda
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What is the current state of Analytics?
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Current State of Analytics
•Static
•Reactive
•Siloed
•Opaque
•Rules Based
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What are the driving forces of Analytics
Innovation?
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Driving Forces of Analytic Innovation: Rapid Technology Adoption
10
0
Pe
ne
tra
tio
n %
in
th
e U
.S.
12011010090807060504020 30
Internet
Airplane
Automobile
Telephone
Electricity
Mobile
Phone
PC
TV
10
100
90
80
70
60
50
40
20
30
Source: Nicholas Felton NYTimes
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Driving Forces of Analytic Innovation: Connectivity
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Driving Forces of Analytic Innovation: Self Service
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What are the analytic needs of a connected
consumer?
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Analytic Needs of a Connected Consumer
•Real-Time
•Social
•Emotional
•Immersive
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How can we address those needs?
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Connected Analytics: Machine Intelligence
Teaching Machines to learn and detect patterns from data to make future predictions
Learning Prediction Intelligence
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Connected Analytics: Real-Time Inference
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Connected Analytics: Cloud Computing
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What are some examples of Real-Time
Analytics?
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Transportation: Machine Intelligence your in-car driving coach
“Please
slow
down”
“Please be careful
switching lanes”
“You are approaching a
dangerous intersection”
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Healthcare: Real-Time Inference for better outcomes
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Retail: Real-Time Intelligence your shopping assistant
Source: Monahq.com
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Utilities/Smart Home: Predictive Intelligence your Smart Home Assistant
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What is next?
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Opportunities
• Business Model Innovation
• Online Learning & Inference
Challenges
• Privacy
• Ethics
• Liability
• Safety
• Security
What are the challenges and opportunities?
2222