Data Analytics Strategies

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#MAMConf14 Data Analytics Strategies Where and When Big Data Matters Dan Teague, Director of Business Development, WegoWISE Moderator: Elaine Williams, Owner, EWilliams Consulting Eian Counts, VP of Product Strategy, Rainmaker LRO

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Data Analytics Strategies. Where and When Big Data Matters. Dan Teague, Director of Business Development, WegoWISE Moderator: Elaine Williams, Owner, EWilliams Consulting. Eian Counts, VP of Product Strategy, Rainmaker LRO. - PowerPoint PPT Presentation

Transcript of Data Analytics Strategies

Page 1: Data Analytics  Strategies

#MAMConf14

Data Analytics StrategiesWhere and When Big Data Matters

Dan Teague, Director of Business Development, WegoWISE

Moderator: Elaine Williams, Owner, EWilliams Consulting

Eian Counts, VP of Product Strategy, Rainmaker LRO

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#MAMConf14

Getting value from data comes down to how easily you can do something with it.

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#MAMConf14

Big Data - Needs to be smart and fast

“Big Data” analytics is not just about managing more or diverse data, it is about the collection of data and what you do with it. BIG data is just data.

“Smart Data” is information that actually makes sense. Algorithms turn volumes of data into actionable insights.

“Fast Data “ or “as it happens” information which enables real time decision making.

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#MAMConf14Gartner Hype Cycle

Big Data

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Data Analytics with “Big Data”

• Descriptive (past)• Predictive (future)• Prescriptive (do this)

• Descriptive (past)• Predictive (future)• Prescriptive (do this)

Before After

Data analytics, of any size, is data analytics.

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Data Challenges in Multifamily Housing

• Big Data – Applicability

• Little Data – Density

• Hidden Data – Access

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Where are we today?

Monthly Energy Data

IntervalEnergy Data

Real Time Energy Data

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How much is too much data?

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What is the goal of data?

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Smart Data not Big Data

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#MAMConf14

Data Analytics StrategiesWhere and When Big Data Matters

Dan Teague, Director of Business Development, WegoWISE

Moderator: Elaine Williams, Owner, EWilliams Consulting

Eian Counts, VP of Product Strategy, Rainmaker LRO

Page 13: Data Analytics  Strategies

#MAMConf14

Data Analytics StrategiesWhere and When Big Data Matters

Dan Teague, Director of Business Development, WegoWISE

Moderator: Elaine Williams, Owner, EWilliams Consulting

Eian Counts, VP of Product Strategy, Rainmaker LRO