Making Advanced Analytics Simpler: Challenges, Opportunities, and Value

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Making Advanced Analytics Simpler: Challenges, Opportunities, and Value Fern Halper TDWI Director of Research, Advanced Analytics July 23, 2015 @fhalper

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Making Advanced Analytics Simpler: Challenges, Opportunities, and Value

Transcript of Making Advanced Analytics Simpler: Challenges, Opportunities, and Value

  • Making Advanced Analytics Simpler:

    Challenges, Opportunities, and Value

    Fern Halper

    TDWI Director of Research, Advanced Analytics

    July 23, 2015

    @fhalper

  • Sponsor

  • 3

    Speakers

    John K. Thompson General Manager,

    Advanced Analytics, Dell

    Fern Halper Research Director,

    Advanced Analytics

    TDWI

  • Advanced Analytics

    4

    Advanced analytics provides

    algorithms for complex analysis of

    either structured or unstructured data.

  • CHANGE

    EXPECTATIONS

    5

  • Agenda

    Changing expectations

    Skills needed

    Common pitfalls

    Best practices for getting started

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    Changing expectations

    New platforms

    New Users

    More users Ease of use

    New data

    Changing landscape for analytics

  • More and disparate data

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    (source: TDWI 2014)

  • More advanced

    analytics

    techniques used

    9

    (source: TDWI 2014)

  • More platforms

    tools and

    techniques

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    (source: TDWI 2014)

  • Predictive analytics process

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    Problem Identification

    Framing problem Identifying data elements

    Data Access

    Platforms

    Data preparation

    Cleansing Transformation

    Exploration

    Model building

    Exploration Collaboration

    Validation

    Model deployment Sharing Scoring

    Operationalizing

    Model Management

    Evaluation/Monitoring Actual Management

    **

    **

    **

  • New Users are Emerging

    Statistician/Modeler Moving towards critical

    thinker with

    knowledge of the

    business- e.g. a

    business analyst

  • More users too

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    (source: TDWI 2014)

  • Democratizing BI

    To extend the deployment of BI and analytics

    tools to more users in the organization

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  • Democratization

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    0% 5% 10% 15% 20% 25% 30%

    70-100%

    50-70%

    30-50%

    10-30%

  • Consumability

    Able to be used

    More accessible results

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  • Advanced Analytics Consumability Trends

    Ease of Use

    UI, Automation

    PA as part of BI package

    Collaboration

    Platforms

    Operationalizing

    Model scoring

    Embedding

    Real time

    Platforms

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  • Another way to look at it

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    2. Utilizing Results

    1. Model Building

  • Is this a good thing?

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  • Skills Needed (1)

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    Framing the problem

    2. Data Sense

    3. Domain

    Expertise

    1. Critical Thinking

  • 1. Critical Thinking

    Ability to formulate a question

    Comfortable creatively thinking in numbers and attributes

    Interpretation skills

    Inference

    Above all: Questioning

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  • 2. Domain Expertise

    Helps in:

    formulating good questions

    understanding objectives

    assessing the model and taking action on it

    Understanding relevant data

    Dealing with data outliers, missing data, etc.

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  • 3. Understanding data

    Target vs. explanatory variables

    Derived variables

    Lots of new data types

    Documents, graph, location

    May require parsing, geocoding

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  • Skills Needed (2)

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    Explain/Defend

    6. Storytelling

    5. Techniques

    4. Tools

  • 4. Understanding the tools!

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  • 5. Understanding the techniques

    A basic understanding is necessary

    Decision trees

    Clustering

    Regression

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  • 6. Storytelling

    Dont start with the techniques

    Begin with the business problem and the outcome.

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    (source: vitualspeechcoach.com)

  • Common pitfalls

    Underestimating training needs

    On tools

    On methods/interpretation

    On thought process

    Data management

    Governance

    Not thinking through cultural issues

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  • Best practices

    Build your skills even incrementally

    Make sure there are process controls in place before deploying models

    Mentors office hours

    CoE or even working groups

    Collaboration

    Model management

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  • Poll Question

    Is democratizing analytics a good idea? Yes, it is best if everyone can build and use models

    No, it is too risky to have people who arent trained in analytics using easy to use tools

    Dont know

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    Making Analytics Simpler: Challenges, Opportunities, and Value

    John K Thompson GM Advanced Analytics Twitter: @johnkthompson60

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    Collective Intelligence

    Native Distributed Analytics

    Redefining the Economics of Analytics

    Three Forces Redefining Analytics

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    Leveraging the analytics skills & abilities of the global community is Collective Intelligence

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    The idea is simple, collective intelligence allows for an exchange of ideas, skills, models & more.

    Idea & Information

    Exchange

    Business with a need

    $

    People with good ideas

    $

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    Collective Intelligence (CI) the global community.

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    CI & Statistica management, security, governance.

    Source Model Type Version

    CRAN Btree v1.0 CRAN Btree v1.1 CRAN Btree v1.2 AML NN v10 Algo LGR v5.0 Aperv Ensemble V1.0 EM NN V2.0 Experfy CART V3.0

    Chicago

    Singapore

    Sao Paolo

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    Native Distributed Analytics - v1.0

    Statistica

    Statistica Big Data Analytics

    Neural Net..

    Export Model as: 1. Java 2. PMML 3. C 4. C ++ 5. SQL

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    Native Distributed Analytics v2.0

    Statistica

    Statistica Big Data Analytics

    Neural Net..

    Export Model as: 1. Java 2. PMML 3. C 4. C ++ 5. SQL

    Boomi

    Date/Time

    Trans type

    Velocity

    Trigger

    JVM

    JVM

    Private Cloud

    JVM

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    Native Distributed Analytics v3.0

    Statistica

    Statistica Big Data Analytics

    Neural Net..

    Export Model as: 1. Java 2. PMML 3. C 4. C ++ 5. SQL

    Boomi

    Date/Time

    Trans type

    Velocity

    Trigger

    JVM

    JVM

    Private Cloud

    JVM

    Statistica Model Building Environment SMBE

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    Redefining the Economics of Analytics

    Dell set out on one of the most ambitious migration projects since the company was founded.

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    Redefining the Economics of Analytics

    ~300 users migrated ~70% savings in annual renewal fees 300+ projects across multiple business units ~6months

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    Start with what you have

    Start small

    Use the devices and

    data you already have.

    Build on your current technology investments.

    Grow based on real-world success.

    Architect for analytics

    Plan for analytics-driven action.

    Build on your terms with modular, architecture-agnostic solutions.

    Harness the power of advanced analytics.

    Prepare to scale quickly from pilot to production.

    Put security first

    Secure from the data

    center to the farthest Dell endpoint and along the networks and clouds in between.

    Protect data wherever it goes.

    Secure for privacy and compliance.

    Dells pragmatic approach helps customers get started today.

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    Dell Analytics Portfolio

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    Data Scientists are scarce, leverage yours and everyone else in the world you can.

    Bring analytics to the data, anywhere in the world, at anytime

    An open analytics platform will enable this operating model and keep you ahead of the curve and competition.

    Key Takeaways

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    QUESTIONS?

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    Contact Information

    If you have further questions or comments:

    Fern Halper, TDWI

    [email protected]

    John K. Thompson, Dell

    [email protected]