5 Hot Trends for Data and Analytics in 2017

Meet us at Event Title!

Donec rhoncus eu ipsum in auctor. Nulla facilisi. Nunc facilisis neque non turpis euismod, sit amet tempor mi hendrerit.

CALL TO ACTION

Booth #7803 Event Logo

Dr. Rado Kotorov, Chief Innovation Officer

Information Builders

5 Hot Trends for Dataand Analytics in 2017

2

Five Hot Trends for BI and Analytics in 2017

Dr. Rado Kotorov

3

The New Business Reality

4

IT and Business Have Divergent Priorities

Technology Projects New Revenue Models

5

Business Is Asking: Why Do We Miss Opportunities?

6

Why Didn’t IT Invent UBER?

7

Change the Mindset: Manage Cyber Assets

8

Change the Mindset: Innovate with Data

9

Change the Mindset: Think Data Monetization

10

Success Requires IT and Business Partnership

11

Trend 1Industry 4.0: Building the new digital enterprise using automation

Transition to Enterprise 4.0 Is a Strategic Priority

12

13

The Foundation of Enterprise 4.0

PWC 2016 Global Industry 4.0 Survey

14

The Foundation of Enterprise 4.0

15

The Foundation of Enterprise 4.0

16

Imperative: Manage The Data Value Chain

17

Trend 2Analytics in the Digital Culture Revolution: Democratizing BI for fact-based decision making

18

Only 22% of Employees Have Access to BI & Analytics

The Most Important Stakeholders Are Left Out

Cut Off

20

Operational Intelligence

Why You Need to Rethink Your Data and Analytics Roles Now, Gartner July 26, 2016

21

Operational Decision Making Is Different

22

How to Deliver BI to Operational Decision Makers?

Data Science is the art of turning data into actions. This is accomplished through the creation of data products, which provide actionable information without exposing decision makers to the underlying data or analytics (e.g., buy/sell strategies for financial instruments, a set of actions to improve product yield, or steps to improve product marketing).

23

Expedia: 1,000s of fields/100s of reports/0 training

Why do we use this analogy?

24

InfoApps: Iterative Dialog with Data to Find Answers

25

An InfoApp Empowers Mechanics to Save Money

An InfoApp from Information Builders available in 14 different languages for 60,000+ users in 14,000 dealerships. Helps employees make on the job repair-or-replace decisions and save Ford $60 million per year.

26

Trend 3Report Consolidation: Cutting costs, improving BI adoption, and moving from reports to InfoApps™

27

Report Rich, Information Poor

28

Reporting Can Make Employees Inefficient

Source:

29

The Vicious Cycle of Reporting

Requests a report

Gets a report

Has two questions

Gets two new reports

Has hundreds of reports

30

Consolidate into a Single Self-Service InfoApp

Has hundreds of reports

31

Consolidating Large Number of Reports into InfoApps

Customer Before Consolidation

After Consolidation

Financial Institution

3,000 30

Retail 1,000 10

Service Organization

100 1

Transportation 1000 50

32

Monetary & Soft Benefits from Report Consolidation

% ReductionCost per Report

($2K to $20K)X Savings=

Higher Adoption=

Better Performance=

33

Trend 4The Rise of Customer-Facing Analytics: Monetizing data and consumerizing analytics

34

Productizing & Consumerizing

35

Analytic Products

Yellow Pages provides advertisers information to measure the return on their advertising dollars and track the success of their campaigns:

Approximately 52 billon rows (nine TB) of raw data per day

Response rate 2 to 10 seconds

36

Analytic Products

37

Empower the Consumer with In-Document Analytics

20Billion

10Per

month

98%static

38

Transition from PDF to ADF

PDF (Portable Document Format)

ADF (Analytical Document Format)

39

Trend 5Data Management in the Digital Enterprise: Master data management (MDM), data quality, and governance

40

Integration and ETL are Foundational