TAKING RISK TO THE EDGE - IDT EXPO - IDT EXPO Calgary...TAKING RISK TO THE EDGE IDT EXPO Mark Ogden...
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TAKING RISK TO THE EDGE IDT EXPO Mark Ogden Sr. Business Intelligence Strategist Dynamic Risk Assessment Systems, Inc.
Transcript of TAKING RISK TO THE EDGE - IDT EXPO - IDT EXPO Calgary...TAKING RISK TO THE EDGE IDT EXPO Mark Ogden...
TAKING RISKTO THE EDGE
IDT EXPO
Mark Ogden Sr. Business Intelligence StrategistDynamic Risk Assessment Systems, Inc.
The Past – System Silos
One Call data
Public Datasets
SCADA Analysis
ILI Processing
CP Surveys
Excavation Loading
The Present – Centralized Systems and Data
Centralized Integrity Data
And Risk Analysis
One Call data
Public Datasets
SCADA Analysis
ILI Processing
CP Surveys
Excavation Loading
Benefits
• All the data is merged and connected
• All users looking at the same data
• All the relevant data can be overlayed and analyzed
(ie: related to a point on a pipeline or specific event)
The Present – Centralized Systems and Data
Benefit – Integrated Analytics
Benefit – Integrated Analytics
Benefit – Integrated Analytics
30
1
41
5
6
8
2
3 1021
15
1311
7
46
Disconnected data from various sources could be important if you use the right analytics…
Benefit – Integrated Analytics
1 1 5 82 3 2113
Fibonacci Sequence
Current Challenges – Data Latency
Where the “Physical” world meets the “Digital” world
CLOUD
FOG
The Edge
Hype Cycle For Emerging Technologies 2017
Source: https://www.gartner.com/smarterwithgartner/top-trends-in-the-gartner-hype-cycle-for-emerging-technologies-2017/
“By 2022, 75% of data will be created and processed outside the central core.”
Emerging Technology Implementation
Phased Approach
• Partner with technology
• Start small, be agile, and experiment
• Learn from mistakes
• Implement iteratively
Emerging Technology Implementation
Key Considerations
• Understand the importance of the data – perform a sensitivity analysis
• Identify the calculations that drive decisions
• Build “Risk Indicator” calculations for critical collection points
Emerging Technology Implementation
How Dynamic Risk Can Help
• Cloud and on premise system integration
• Configurable analytics and dashboards to enable focused decision-making
• Self-Serve risk algorithm generator to create targeted calculations
• Distributed computing enabled for intensive calculations (Monte Carlo simulations, etc)
What does
“Taking Risk
to the Edge”
mean?
Notify and
backup
Edge Calculation(Remote
Processing)
What Does Good Look Like in The Future?
Edge Sensor
The Cloud
Action Taken
