Getting Smart, Not Big, With Data
Transcript of Getting Smart, Not Big, With Data
PowerPoint Presentation
Its About Smart Data Not Big Data Andy RadovicRegional Director, Digital, Asia Pacific, Maxus
How you can use data in a very simple way to make a very big change1 Question I want to Explore Today:
Achieved 700 Kilos in 1 YearPhysicalRelationshipSocial
My ChangeFrequent jogging with my wife
Grew personal network
Big Data
90% of the worlds data has been created in the last two years!
Tracking search queries for the term big data
The two Biggest contributors are smartphone use and social media addiction
Long Ago, People Danced at Concerts, Now They Video, Click, Share, Tweet
1990s2010s
From Mary Meeker14
Amount of global digital information created & shared from docs to pics to tweets grew 9x in five years
2.7 Zettabytes7.9 Zettabytes[2012][2015]But its just getting started
In the US alone, there is a shortfall of 190,000 analytics experts and 1.5 million data-savvy managers with the necessary skills to make decisions based on the analysis of Big Data.
Data Analyst
Is the chief data officer an addition to the agency C-suite that will stick?
Ogilvy & Mather is among the first agencies to create a CDO role, as the influx of data and modern approaches to analytics change how agencies do business and serve their clients. The company has hired former Acxiom exec Todd Cullen as its global chief data officer reporting to Miles Young, worldwide chairman and CEO at the WPP-owned shop.Aug 2013
data is the new oilCredit: David McCandless
The democratization of data20
data is the new soilCredit: David McCandless
Credit: David McCandless
We believe that the single biggest barrier in our ability to glean insights from data is in how the data is presented
William Playfair?
The worlds first bar, line, and pie charts of any renown are believed to have been devised in the late 1700s by a Scottish engineer and political economist, William Playfair (17591823). Considered the founder of graphical data representation, Playfair produced a number of visualizations on economic and political issues of interest to the British empire
On inspecting any one of these Charts attentively, a sufficiently distinct impression will be made ... and the idea which does remain will be simple and complete.-William Playfair
An observation Playfair made in the 18th century is true in the 20th century as well: On inspecting any one of these Charts attentively, a sufficiently distinct impression will be made ... and the idea which does remain will be simple and complete.1
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In the information age we have access to more data and knowledge than at any previous point in human history. But more accessible data doesnt necessarily mean more processable data
We need a system where we can process this mess of information for us and break it down into comprehensible pieces, often enhancing it by placing it in deeper contexts and by finding surprising patterns
Tracking search queries for the term data visualization tools
The Emergence of Data Artists
Jer ThorpJonathan HarrisDavid McCandlessMartin Wattenberg
I would like to tell you that the wind map is the coolest and most valuable piece of weather I could ever use! I am a farmer in Oklahoma and just found this map a few days ago. I find it extremely useful for planning when I spray and do other field work like making hay
Mesmerizing. I used it to teach my kids about wind patterns yesterday and we forecasted tornados in the midwest given the large pressure area and cold/warm fronts converging there. Today I read that Texas indeed had tornados yesterday and the kids are awestruck that they figured that out
Jer Thorps Just Landed
Jer Thorps Good Morning
Gold Winner: CNN Home and Away
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Bronze Winner: Evolution of Web
Silver Winner: FilmStrips
Huge movement in Quantified Self apps
Gold Winner: The Antimap
And new companies are popping up to help drive the industry
How Are Brands Applying This?
Googles Journey to Online Purchase
How do different marketing channels affect customer purchase decisions?
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Googles Journey to Online Purchase
Channels play different roles in the customer journey45
Googles Our Mobile Planet
Channels play different roles in the customer journey46
Mapping Media Consumption in Singapore
NYT Visualization Labs
The launch of The New York Times Visualization Lab, allows readers to create compelling interactive charts, graphs, maps and other types of graphical presentations from data made available by Times editors. NYTimes.com readers can comment on the visualizations, share them with others in the form of widgets and images, and create topic hubs where people can collect visualizations and discuss specific subjects.
NYT Visualization Labs
Graph your Inbox by Gmail
Netflix & TV Programming
Netflix's first foray into original programming, the "House of Cards" series, has been a big hit. The company says the series brought in 2 million new U.S. subscribers in the first quarter of 2013, a 7% increase over the previous quarter. The company's chief content officer said in February that Netflix uses "really big data" to pick which shows to produce and how to promote them. Yet Netflix's debut as a producer also demonstrates something far more important: how Big Data can fundamentally change the structure of an industry by shifting the balance of power.
Netflix & TV Programming
Using treasure troves of information on online customer viewing habits, Netflix are designing new TV series that their data tells them will win.
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Moneyball
=Using data to find talented undervalued players and visualizing them into a winning team
Provolv Cricket App
http://www.youtube.com/watch?v=zKhoJAp3Zgw
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The NBA & Stats LLC
The NBA and Stats LLC announced a plan to install motion-tracking technology in every NBA arena beginning with the upcoming 2013-2014 season.
Stats SportVU Player tracking system, a platform that includes six cameras and exclusive software, will be used by all 30 NBA teams during game play to record and measure the movements of the ball and all players on the court. A continuous stream of data and innovative statistics will therefore be available, chronicling speed, distance, player separation and ball possession for a deeper and more targeted analysis.
950 data points55
The NBA & Stats LLC
http://deadspin.com/heres-every-single-shot-lebron-made-in-game-7-in-one-g-551284643Every shot LeBron James made in Game 7 of last seasons finals
950 data points56
Unilever on Tableau
Automating Your Insights
Data SourcesNugit Insight
www.nugit.co
Automating Your Insights
To what degree did data visualization improve business insight?74% said Very High
Reference: TDWI Research Q1 2011
To what degree did data visualization improve user productivity?67% said Very High
Reference: TDWI Research Q1 2011
With visualization, users can identify relevant patterns and trends that might take hours or days with tabular reports. As a result, analysts can spend more time analyzing data and less time finding or creating it. Business users no longer have to spend time building pivot tables or running SQL queries, said Doherty of Dartmouth.
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How you can use data in a very simple way to make a very big change1 Question I want to Explore Today:
key takeaways
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be simple
design is important
interaction is more important
empower your audience
Audit: do an audit on how your currently reporting and if theres an opportunity to improve
Tools: Understand what tools and platforms are out there to help aid you in your ability to report and design
Data: Map out what data you are collecting, where its coming from and how youre storing it
Visualize: Decide if you need to bring in a data artist to help build some template to enhance your identity
What You Can Do
Thank You