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April 25, 2012

The Three R’s Are Old School – Now It Is All About Volume, Velocity & Variety Peter Guest

Alberta Public Sector Client Technical Advisor pguest@ca.ibm.com

© 2012 IBM Corporation


Why analytics now?

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Because we can…

© 2012 IBM Corporation


The world is changing and becoming more‌

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Š 2012 IBM Corporation


Big Data = huge opportunity to generate new outcomes‌

Volume

Velocity

Variety

Grab the <5% of tweets of interest in 12 terabytes of tweets created everyday

Identify potential fraud in five million trade events per second

Identify events of interest from hundreds of surveillance cameras

Predict power consumption using 350 billion meter readings from 20 million households annually.

Analyze up to 500 million Call Detail Records per day for revenue assurance

Harvest insight from the 80% of new data growth coming from email, documents, images, video and audio

However, organizations are challenged to achieve the potential insight from big data with traditional approaches.

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Š 2012 IBM Corporation


Why Business Analytics Matter The Need for Analytics is Pervasive Across Business and Industry The healthcare industry spends $250 - $300 billion on healthcare fraud, per year. In the US alone this is a $650 million per day problem.1 One rogue trader at a leading global financial services firm created $2 billion worth of losses, almost bankrupting the company.

$93 billion in total sales is missed each year because retailers donâ&#x20AC;&#x2122;t have the right products in stock to meet customer demand.

5 billion global subscribers in the telco industry are demanding unique and personalized offerings that match their individual lifestyles.2

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Source: 1.Harvard, Harvard Business Review, April 2010. 2,IBM Institute for Business Value, The Global CFO Study, 2010.

Š 2012 IBM Corporation


Why Business Analytics Now Market Forces are Driving New Client Needs

The emergence of Big Data â&#x20AC;&#x201C; enabled by cost effective storage and processing of data

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The shift of power to the consumer

Pressure to do more with less

Š 2012 IBM Corporation


BAO Competencies and Offerings

BAO Strategy

Business Intelligence & Performance Management

Advanced Analytics and Optimization

• BAO Strategy and Roadmap

• Dashboards & Scorecards

• Advanced Analytics

• BAO Process Improvement

• Planning, Budgeting, & Forecasting

• Analytic Applications

• BAO Governance

• Business Analytics & Reporting

• Predictive Modeling • Business Optimization • Visualization

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Enterprise Information Management

Enterprise Content Management

• Data Integration

• Document & Records Management

• Data Quality • Data Architecture • Master Data Management

• Web 2.0 / Web Content Management • Digital Asset & Rights Management • Archiving & Record Management

© 2012 IBM Corporation


The BAO Reference Architecture Overview Sources Enterprise Apps Unstructured Data Stores Structured Data Stores

Content Management

Ingestion

Extraction

External

CRUD Transactional Components

Data Load Components Document Management Services Reference Data Management Records Management Services

Web Federation

Devices

Operational Orchestration Components

Data BI / Performance Advanced Repositories Analytics Monitoring

Extract / Subscribe

B A T C H

Data Quality

Transform

Base Services

Informational Master / Reference Data

Data Integration

Master Data Management

Dimensional Layer R E A L T I M E

Load / Publish

T R A N S A C TI O N A L

Data Warehouse

Access

Predictive Analytics

Web / Services

Data Mining

Portal

Scorecards

Dashboards

Simulation

Planning, Forecasting, Budgeting

Device Operational Data Store

Time Persistent Repository

Guided Analysis

Reporting Master Data Store

Content Store

Staging Area

Querying

Monitoring

Composite Application Text Analytics

Optimization

Visualization

Collaborative Application

Productivity Application Enterprise Search Business Unit Application

Business Process Management Service Management Information Governance Collaboration Security, Privacy & Compliance Transport & Delivery Infrastructure

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Š 2012 IBM Corporation

Peter Guest - The Three R’s Are Old School – Now It Is All About Volume, Velocity & Variety  
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