A New Generation of Business Analytics (269700094)

8/21/2019 A New Generation of Business Analytics (269700094)

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CONFIDENTIAL AND PROPRIETARY

This presentation, including any supporting materials, is owned by Gartner, Inc. and/or its affiliates and is for the sole use of the intended Gartner audience or other intended recipients. This presentation may contain information that isconfidential, proprietary or otherwise legally protected, and it may not be further copied, distributed or publicly displayed without the express written permission of Gartner, Inc. or its affiliates. © 2015 Gartner, Inc. and/or its affiliates. All rights reserved.

Lisa Kart

@Kart_Lisa

A New Generation of

Business Analytics



1 © 2015 Gartner, Inc. and/or its affiliates. All rights reserved.

We Live In A World Of 50%




of the interest inand responsibility for

information and analytics

coming from business leaders

Leader



Market

of technologydecisions will be m

business




Information

of data soare ex




1. What Are The Dilemmas Facing Information and A

Leaders Today?

2. What Can We Do About It?

Key Issues




3 Dilemmas

vs.

decentra

uncerta

sharin

centralized

certainty

protecting







Bimodal IT Means You Have Two Modes of Oper




Gartner Predicts

45% of organizations already havebimodal capability

By 2017, this will grow to 75%




You Don't Need a Lot of Resources

• 100 year old manufacturing company

•2 data science interns

• Exploration of the data

• Found 13 factors to drivelower cost and higher process efficiency




Decisions Under Uncertainty

•

Collect more information• Try to change the initiative

• Delay the decision

• Try to avoid the situation altogether




• Large North American

•

Improve credit line incr• Hired a service provide

POC as "gain share":

– Low upfront risk, cost

•

Wildly successful• Internal advanced ana

You Can Operate in Stealth Mode







Big Data Platform

Platform A

Functionality

Standards fordata exchange

Cost

Platform B

Functionality

+200 standards fordata exchange

Cost +10%




You Do Need to Convince Your Toughest Skepti

• U.S. trucking & logisticscompany

• Optimizing routingand scheduling

• Dispatchers weren't boughtinto the solution

• "Dispatch game"

• "Dispatch Analysts"









© 2014 Gartner, Inc. and/or its affiliates. All rights reserved.

Trust18

Consent

Intent







Ownership Stewardship

Control Curation

Securing Sharing

Governance Enablement

Legalities Ethics




Gartner Predicts

More than 75% of chief data officewill not report to the CIO or other leader.




Change the way we

measure and manage




Spending less on technology

and services from IT

Ontime

Onbudget

Uptime




Financial Goa

StudentEngagement

LearningOutcomes

ResearcExcellen

Reduce Process

Complexity

Fi d th O t iti t M k B tt P di ti




Enrollment HR

Risk

Lots of Data

Operations

"Signals" in the Noise

Financ

CRM

Operational Tactical Strategic

Complex

Find the Opportunities to Make Better PredictionDecisions

B ild B O t




BUY

OUTSOURCE

BUILD

via tools

packaged apps

service providers

1. Requires in-house skills

2. Analytics is differentiator

3. Agility & control are key

1. Best ease-of-us

2. Often "good en

3. Best time-to-so

4. Little differentia

1. In-house skills not avail

2. Packaged apps not avail

3. Give up IP for sake of speed

Build vs. Buy vs. Outsource

Ke Takea a s




Shifts in the market are giving rise to dilemmas facing IT leadinformation & analytics

– Centralization vs. decentralization – bimodal approach – Uncertainty – experiment, options

– Share vs. protect – not about power but enablement, think about eth

Focus on use cases, business problems, evangelize and get

– Identify the stakeholders in your organization that need to be convin

of analytics

– Choose quick wins or high impact

– You can get started with limited resources

This is an enterprise issue. Plan your alliance with the busin

Key Takeaways






CONFIDENTIAL AND PROPRIETARYThis presentation, including any supporting materials, is owned by Gartner, Inc. and/or its affiliates and is for the sole use of the intended Gartner audience or other intended recipients. This presentation may contain information that isconfidential, proprietary or otherwise legally protected, and it may not be further copied, distributed or publicly displayed without the express written permission of Gartner, Inc. or its affiliates. © 2015 Gartner, Inc. and/or its affiliates.

All rights reserved.

Lisa Kart

@Kart_Lisa

Thank you!

All 4 Types of Analytics Capabilities Ultimately U




All 4 Types of Analytics Capabilities Ultimately Uto Drive Insights and Better Decisions

Human Input

Data DecisionPredictive

What Will Happen?

Diagnostic

Why Did It Happen?

Descriptive

What Happened?

Prescriptive

What Should I Do?

Analysis

Decision Automation

Decision Support

Three Core Skill Areas Are Needed




Three Core Skill Areas Are Needed

DataScience

ITSkills

BusinessSkills

Ask Good Questions

Decision MakingTransparent Versus

"Black Box"

Which Anal

Data Exploration

High- PerformanceComputing

Build, Buy, Outsource

Feature En

Know the Constraints(E.g., Legal, Ethics, Marke

Data Governance

Deployment

Recommended Gartner Research




Extend Your Portfolio of Analytics CapabilitiesLisa Kart and Others (G00254653)

An Eight-Question Decision Framework for Buying, Building Outsourcing Data Science Solutions

Alexander Linden and Lisa Kart (G00258056)

Organizational Principles for Placing Advanced Analytics andScience Teams

Alexander Linden and Others (G00255555)

Magic Quadrant for Advanced Analytics PlatformsGareth Herschel and Others (G00270612)

Emerging Role of the Data Scientist and the Art of Data ScienDouglas Laney and Lisa Kart (G00227058)


For more information, stop by Gartner Research Zone.


http://www.gartner.com/DisplayDocument?resId=2594822&ref=sendres_email


http://www.gartner.com/document/2653815?ref=QuickSearch&sthkw=G00258056







http://www.gartner.com/document/2987717?toggle=1


http://www.gartner.com/document/1955615?ref=QuickSearch&sthkw=data%20scientist












• Predicts 2015: Power Shift in Business Intelligence & AnaWill Fuel DisruptionJosh Parenteau et al (G00270932)

• Bimodal IT: How to Be Digitally Agile Without Making a MeMary Mesaglio, Simon Mingay (G00268866)

• Redefine, Reorganise, Revamp and Rebrand Your BICC toFocus to AnalyticsJosh Parenteau & Ehtisham Zaidi (G00270091)

• How To Be Agile With Business Analytics Alan Duncan, Alex Linden, Thomas Oestreich (G00270535)

For more information, stop by Gartner Research Zone.

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A New Generation of Business Analytics (269700094)