The Importance of an Analytics Platform
Transcript of The Importance of an Analytics Platform
© Copyright 2000-2014 TIBCO Software Inc.
Analytics Platform Deliver Value Across your
Organization
Lou Bajuk-Yorgan
Sr. Director Product Management
TIBCO Software
© Copyright 2000-2014 TIBCO Software Inc. -2-
The Lucky Few
Only 20%of businesses are
satisfied with their
analytics ROI
Accenture Analytics
Harvard Business Review, Oct 2014
https://hbr.org/2014/10/integrate-
analytics-across-your-entire-
business/
© Copyright 2000-2014 TIBCO Software Inc. -3-
The Lucky Few
Accenture Analytics
Harvard Business Review, Oct 2014
https://hbr.org/2014/10/integrate-
analytics-across-your-entire-
business/
Deploy
analytics
technology &
expertise
across their
organizations
Only 20%of businesses are
satisfied with their
analytics ROI
© Copyright 2000-2014 TIBCO Software Inc. -4-
BI is NOT Widely Used
Only 25% of
knowledge
workers benefit
from BI
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BI is NOT Widely Used
Most are
analysts &
data
scientists
BARC BI Survey ‘14
Only 25% of
knowledge
workers benefit
from BI
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Self-Service is not the Whole Answer
Executives,
managers,
front-line
workers
And only 25% of
these are able to
perform self-
service tasks
BARC BI Survey ‘14
Only 25% of
knowledge
workers benefit
from BI
© Copyright 2000-2014 TIBCO Software Inc. -7-
Diverse Use Cases for Analytics
Measure
Diagnose
Predict &
Optimize
Operationalize
Automate
Transform
ANALYTICS MATURITY
CO
MP
ET
ITIV
E A
DV
AN
TA
GE
Descriptive
Exploratory
Proactive
Repeatable
Real-Time
Continuous
Analytics deliver
value in many ways
A platform supports you as
your needs grow
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Pervasive
Analytic Insights
Key Goal for an Analytics Platform
Right
Information
Right
Time
Right
Context
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Deliver Value Across Your Organization for Strong ROI
Empower *all* users
• Enable self-service for immediate access to data at decision time
• Offer full spectrum of capabilities to suit different skill levels– Easy & accessible for casual users
– Deep & rich analytics for advanced users
Get everyone on the same page
• Sharing / Reusability
• Centralized, reliable data access, e.g., KPIs, simple reports, ad hoc
analysis & dashboards through
to real-time analytics
• Offer full spectrum of analytics to fit all types of use cases
Support key enterprise requirements
• Governance / Security, Scalability, Performance
• On premise & Cloud
Benefits of an Ideal Analytics Platform
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AnalystsNeed Broad, Deep Interactive Analytics
Easily join, enhance & fluidly explore data to
quickly uncover previously unknown insights
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Data ScientistsNeed Advanced Analytics
Predictive, Geospatial and Unstructured
Content analytics to maximize insights—
and then easily share best practices
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Business UsersNeed Guidance & Recommendations
Easily create dashboards & guided apps
to empower non-analysts to make
data-driven decisions
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“Recommendations”
• Visualization recommendations based on your selected data
• Built-in visualization best practices –no analytics expertise required
• Build one visualization – or entire dashboard – in just a couple of clicks
• Data previews accelerate discovery & insights
• Powered by Spotfire Analytics Recommendation Engine™
A jump start into your analysis
Debuts this month in Spotfire Cloud
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Select the data you want to
visualize, and recommendations
are automatically made
Live previews of actual
data give a sneak peek
into insights
Visualization
recommendations update
as different data are
selected or added
Takes seconds to create a
single visualization – or a
whole dashboard
Debuts Dec 2014 in Spotfire Cloud
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Get everyone on the same pageSharing / Guidance / Reusability
Centralized, reliable data access
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Centralized data access
• All users perform analyses off the
same, most-current data sets
– No time wasted discussing whose
data is more accurate
• Access & join data from disparate
sources for more complete results
– Historical & real-time
– Internal & external
– Structured & unstructured
Easily Share & Reuse
• Share insights & best practices
• Reuse key assets to maximize
productivity
– E.g., analytic apps, statistical scripts
Get everyone on the same page
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Support Key Enterprise RequirementsGovernance / Security, Scalability, Performance
On premise & Cloud
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Support Key Enterprise Requirements
Governance and Security
• User Services
‒ User authentication, role-based authorization
• Audit Services
‒ Content access, modification, deletion
‒ User authentication, data access, library
operations
• Usage Log Analytics
‒ Sessions, Users, Admin, Local Files
‒ Library, Information Links, Admin, Detailed
Logs
Scalability, on-premise and cloud
‒ Smart scalability to support thousands of
Global users in the Cloud or on premises
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Analytics Platform
Dashboards Data Discovery Advanced Analytics Mobile KPIs
All UsersBusiness Analysts Data Scientists App Developers Sys Admins
All Data Historical & Real-Time Internal & External Structured & Unstructured