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Advanced Fraud Detection & Prevention Through Big …Oracle Exalytics InfiniBand Big Data Appliance...
Transcript of Advanced Fraud Detection & Prevention Through Big …Oracle Exalytics InfiniBand Big Data Appliance...
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Advanced Fraud Detection & Prevention Through Big Data Mark Johnson – Director, Engineered Systems, Oracle Public Sector
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The following is intended to outline our general product direc4on. It is intended for informa4on purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or func4onality, and should not be relied upon in making purchasing decisions. The development, release, and 4ming of any features or func4onality described for Oracle’s products remains at the sole discre4on of Oracle.
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Big Data and Advanced Analytics
• What is Big Data? WHAT
• Why embark on a Big Data / Advanced Analytics initiative? WHY
• What are the tools available? HOW
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What Makes it Big Data?
VOLUME VELOCITY VARIETY VALUE
SOCIAL
BLOG
SMART METER
101100101001001001101010101011100101010100100101
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Big Data - Volume Global digital data is growing by 40-60% YoY!
Structured Data Unstructured Data
2009 = .8 Zetabytes = .08 ZB Structured Data = .72 ZB Unstructured Data 2020 = 35 Zetabytes
= 3.5 ZB Structured Data = 31.5 ZB Unstructured Data*
• Chart conservatively assumes a constant 9:1 ratio of unstructured data vs. structured data (based upon IDC’s estimate that 90% of all digital data is unstructured). • Chart does not reflect IDC’s projection that unstructured data is currently growing twice as fast as structured data at the rate of 63.7% vs. 32.3% CAGR.
(1 Zetabyte = 1 Trillion Gigabytes)
LEGEND
Source: IDC Digital Universe Study, A Digital Universe Decade – Are Your Ready?, 2010
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Big Data - Velocity
A single jet engine can produce up to 20TB of data per hour
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Big Data - Variety Semantic Graphs
Big Data: Decisions based on all your data
Machine-Generated/ Sensor Data
Social Data
Documents
Video
Geospatial
Imagery
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Big Data – Value Density Finding the knowledge in all your data
Hadoop
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Big Data and Advanced Analytics
• What is Big Data? WHAT
• Why embark on a Big Data / Advanced Analytics initiative? WHY
• What are the tools available? HOW
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Big Data Buzz
“Keeping Afloat in a Sea of 'Big Data” ITBusinessEdge – 9/6/11
“Why big data is a big deal” InfoWorld – 9/1/11
“The challenge– and opportunity– of big data” McKinsey Quarterly—5/11
“Getting a Handle on Big Data with Hadoop” Businessweek-9/7/11
“Ten reasons why Big Data will change the travel industry” Tnooz -8/15/11
“The promise of Big Data” Intelligent Utility-8/28/11
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Why Is Big Data Important?
Source: * McKinsey Global Institute: Big Data – The next frontier for innovation, competition and productivity (May 2011)
US HEALTH CARE
$300 B
Increase industry value per year by
US RETAIL
60+%
Increase net margin by
MANUFACTURING
–50%
Decrease dev., assembly costs by
GLOBAL PERSONAL LOCATION DATA
$100 B
Increase service provider revenue by
EUROPE PUBLIC SECTOR ADMIN
€250 B
Increase industry value per year by
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Big Data in Public Sector
Fraud Preven+on
Revenue Management
Cons+tuent Sen+ment
Threat Iden+fica+on
Economic Analysis
Healthcare
Regulatory Compliance, Licensing & Law Enforcement
Open Government
Maintenance & U+li+es
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Tax Gap Impacts Budgets, Operations, and Current and Future Citizen Services
States Are Impacted by the Non Compliant Tax Payers
• Cyclically lower tax receipts and declining federal aid have contributed to revenue shortfalls. This has trickled down to the taxpayer and impacted compliance across a myriad of tax revenue streams.
• Improved compliance and analysis is required to reduce tax gap Sources: (1) US Census Bureau: State Government Finances Summary: 2010, Governments Division Brief, Dec 2011
$757
$108
$11 $7
Source: 2011 US Census Annual Survey of State Tax Collections
~$757B in revenues
Gross Tax Gap
84%
10%
6%
Source: IRS 2006 Tax Gap, Dec 2011
$450M Underreporting Underpayment Non-filing
~$136B lost
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Uses of Big Data in a Tax Environment
Audit leads for non-filers selling on e-tailer sites
Sales tax nexus payments
Geographic information
Seller Data
Corporate Affiliations
Accessing external databases and unstructured data
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Uses of Big Data in a Tax Environment
Purchasing information to identify taxpayers required to pay use tax
Professional Services Info for taxpayers required to pay privilege licenses and fees
Social media
Accessing external databases and unstructured data
Transportation
Goods
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Big Data and Analytics
Business Users can quickly see the information they need and drill down to statistics
Analysts have easy access to powerful visualization tools
Mobile Applications for secure access to key data any
time
Powerful, intuitive dashboards for every level of the organization
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Policy Implications of Big Data in Government
• What information can/should the government collect & aggregate? • How is that information (and the resultant data) protected? • How are errors identified & corrected? • How is data collected by private companies accessed? • Which government agencies can use the data? • Etc…
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Big Data and Advanced Analytics
• What is Big Data? WHAT
• Why embark on a Big Data / Advanced Analytics Initiative? WHY
• What are the tools available? HOW
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Make BeKer Decisions Using Big Data
Big Data in Action
ANALYZE
DECIDE ACQUIRE
ORGANIZE
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Oracle Complete Big Data Platform
Oracle Exalytics
InfiniBand
Big Data Appliance
Oracle Exadata
InfiniBand
Acquire Organize & Discover Analyze Decide
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Oracle Complete Big Data Platform
Oracle Exalytics
InfiniBand
Big Data Appliance
Oracle Exadata
InfiniBand
Acquire Organize & Discover Analyze Decide
Hadoop
Open Source R
Linux
Oracle NoSQL Database
Big Data Connectors
Oracle Data Integrator
In-‐Datab
ase An
aly+
cs
Data Warehouse
Oracle Advanced Analytics
Oracle Database
Analy+c Applica+ons Alerts, Dashboards, MD-‐Analysis, Reports, Query Web Services BI Abstrac+on
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Oracle Big Data Appliance
• Optimized and Complete – All you need to store and integrate big data
• Integrated with Oracle Exadata – Analyze all your data
• Easy to Deploy – Risk Free, Quick Installation and Setup
• Single Vendor Support – Full Oracle support for all hardware and software
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Big Data as a Service
• Comprehensive • Pre-packaged algorithms • Optimized for extreme analytics
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Q&A
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Reference Information
• Big Data: www.Oracle.com/BigData • Oracle Tax:
http://www.oracle.com/us/industries/public-sector/tax-revenue-management-345392.html
• Engineered Systems: www.oracle.com/us/products/engineered-systems
• For more information, visit oracle.com or call +1.800.ORACLE1 to speak to an Oracle representative
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