Infovision 2011 Next Gen BI Analytics Competency, Prasad RN, Infosys
Infovision narendra vaze & nagaraj kulkarni_managing emergent BI
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Transcript of Infovision narendra vaze & nagaraj kulkarni_managing emergent BI
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Infovision 2012 BI Leader’s Track
Emergent BI
Challenges, Opportunities, Priorities
Anchored ByNarendra Vaze and Nagaraj Kulkarni
Emergent BI 1 BI Leaders Track Infovision 2012
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“BI” => Placeholder term
=> Decision Aids
=> Includes DW / BI / Analytics / Big Data / Mining /
=> Data Integration
Caveat
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Systemic Changes We Know (?)
Connected Globe
Customer Centric
Boundary less ness
Best Sourcing
Interlinked Culture
Demand Side Focus
Bottom Up Innovation
Empowered employees
Agility and Response Time
Leading Trends
Responsiveness
Speed, Agility, Flexibility
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Changing Landscape We Know
Data Explosion
Information Overload
Interlinked Processes
& Systems
Manageability
Scalability
Performance
Agility
Decision Making
Time to Action
Boundaryless
Systemic Understanding
Collaborate and Synergize
Simplify and Scale
Data Explosion
Information Overload
Interlinked Processes
& Systems
Agility
Decision Making
Time to Action
Boundaryless
Systemic Understanding
Collaborate and Synergize
Simplify and Scale
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‘The emphasis will shift from
the “T” in IT to
the “I” in IT
in the next information revolution’
How are we initiating the “IT to IT” journey for the business? Can we list our five “IT to IT” transformation priorities?
Peter Drucker, the renowned Management Guru
Information Excellence
Are we helping our clients move from “IT to IT”?
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The best way to put distance between you and the crowd is to do an outstanding job with information.
How you gather, manage, and use information will determine whether you win or lose.
Bill Gates in Business @ The Speed of Thought
Information Excellence
Are we helping our clients do “Outstanding Job”?
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Technology => Business• Anywhere, Always on• Location & Geo• Context• Decision Point
Mobile• Cheap, Scalable, Instant• Collaborative, SOA• Always OnCloud• Information ecosystem• Mediation ExchangesLinked Social• Tools to Decision Factors• Process, Metrics, KPIs• Art of Asking intelligent questionsTeam• Frictionless Collaboration• Reduce Transaction Costs• Intermediation Power• Customer centric and Ecosystem Dependent
BusinessVisualization
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Decision Aids
EXPLORE
INFER
Kiran => SuperMarket
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Impact Factors for BI Leaders
Source: PWC Tech forecast 2012
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Impact Factors for BI Leaders
Source: PWC Tech forecast 2012
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Impact Factors for BI Leaders
Source: PWC Tech forecast 2012
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Business Objectives
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Universal Laws of Business Success!
Is there Cash at the end of the day, for tomorrow to run!
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Decision Factors
Analytics discipline
s
Database
Artificial intelligence
Business modeling
Statistics
Psychology PerformanceVisual
Hypothesis verification
Inference
Multi variant testing
?
A | BCD
OLAP IN-MemoryETL
Rule based
Decision tree
Fuzzy logic
Neural network
If - then
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Information Mediation
Source: PWC Tech forecast 2011
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Emergent BI Needs from the IT Organization
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IT Drivers
• Cost of IT• Efficiency – more for less/more for same• Partnering for business value
– Cost reduction– Revenue– Market Share– Profitability/margins
Imperative for the CIO: Demonstrate Higher ROI
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IT Priorities
• Virtualization and Cloud• Mobility• BI / Big Data• Security• BYOC/BYOD/Consumerization of IT
All of the above are relevant in formulating BI strategies
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Business Users’ Expectations (BUE)
1. Reliability /Integrity2. Speed3. Aid in decision making
1. Insights2. Recommendations3. Predictions
4. More empowerment/Self-service5. Mobility
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BI Priorities and Opportunities
• Solid Foundation– DQ, MDM, Solid BI platform(s), Data Integration– Supports BUE # 1 & 3
• More Data/Big Data– Social media, sensor data, log files, ….– Supports BUE # 3
• Speed– In-memory DB/analytics, DW appliance, Columnar
storage– Supports BUE # 2
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BI Priorities and Opportunities…contd
• Cloud / BI as a service– BI in the cloud; available on the internet; pay per use– Supports BUE # 5; Supports IT imperative of cost/ROI
• Analytics– Much beyond historical data analysis– Correlation, interpretation, recommendations,
predictions– Supports BUE # 3
• Self Service BI– Democratization of information; smarter users– Supports BUE # 5
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BI Priorities and Opportunities…contd
• BYOC/BYOD/Mobility– Information on any device, anywhere– Tablets and smart phones acceptance by IT – Supports BUE # 2, 4, 5
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Summary
• IT budgets continue to be under pressure• BI competes with rest of IT functions for priority• BI is indeed a critical IT trend and will continue
as such• My Top 3
– Analytics– Big data– MobilityAt faster and faster speed
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If ‘Business Intelligence’
is THE ‘Solution’
What is the ‘Problem’?
Mr R N Prasad, Infosys
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BI and ANALYTICS
are NOT a replacement for
HUMAN INGENUITY (or otherwise)• "We have confused information (of which there is too much) with ideas of
which there are too few)."– Paul Theroux
• "The great Information Age is really an explosion of non-information; it is an explosion of data ... it is imperative to distinguish between the two; information is that which leads to understanding."– R.S. Wurman in his book: Information Anxiety2
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How do we do BI differently?
Challenges: Opportunities: Priorities:
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Infovision 2012 BI Leader’s Track
Emergent BIPriorities, Opportunities, Challenges
Anchored ByNarendra Vaze and Nagaraj Kulkarni
Emergent BI 27 BI Leaders Track Infovision 2012