SlideShare ist ein Scribd-Unternehmen logo
1 von 25
Downloaden Sie, um offline zu lesen
Be Certain. Be Trillium Certain.
The Bigger They Are The
Harder They Fall:
Big Data & the Data Quality
Imperative
Nigel Turner, VP Strategic Information Management
Tuesday 19th June 2012
The bigger they are the harder they fall…
But big can pay off…
Big Data – what is it?
Set of new concepts, practices & technologies to manage &
exploit digital data
OVUM defines it as:
“A data computational problem that is large and varied enough to
demand new approaches to traditional SQL & related practices”
Key premise is that all data has potential value if it can be
collected, analysed and used to generate actionable insight
Big Data – its characteristics
The 3Vs
• Reflects exponential growth of data – predicted 40-60% per annum
• Today 2.5 quintillion bytes of data are created every day
• 90% of all digital data was created in the last two years
• Data generated more varied and complex than before:
– Text, Audio, Images, Machine Generated etc.
• Much of this data is semi-structured or unstructured
• Traditional IT techniques ill equipped to process & analyse it
• Data often generated in real time
• Analysis and response needs to be rapid, often also real time
• Traditional BI / DW environments becoming obsolescent – new
approaches are needed
What’s different about Big Data?
New technologies which enable distributed & highly
scalable MPP (Massively Parallel Processing), e.g.
Apache Hadoop
MapReduce
NoSQL databases
Strong emphasis on analytical approaches
Emergence of “data science”
Predictive Analytics
Data Mining
The “democratisation” of data
Data made available to all (cf Cloud Computing)
Business and not IT led BI
Where does Big Data come from?
Widely known sources
Where does Big Data come from?
Social Media & Social Networks
Where does Big Data come from?
Machine Generated data
Big Data – some vertical applications
Retail: using point of sale & social media data to
supplement & enrich traditional CRM / Marketing data
Insurance & Banking: fraud detection
Health: holistic patient analysis
Utilities: consumption peaks & troughs & capacity
planning
Telcos: call routing optimisation & customer churn
Manufacturing: predictive fault identification & supply
chain optimisation
Research: particle analysis, genomics etc.
Big Data in practice - Volvo
Every Volvo vehicle has hundreds of
microprocessors / sensors
Data generated used within the car itself but
also captured for analysis by Volvo and its
dealers
All data is loaded into a centralised data
analysis hub & integrated with CRM,
dealership & product data
Used to optimise design & manufacturing,
enhance customer interaction & improve
safety
Big data in practice – fraud detection
Big Data – why invest?
Better understanding of customer & market behaviour
Improved knowledge of product & service performance
Aids innovation in products & services
Fact based and more rapid decision making
Enhances revenue
Reduces costs
Stimulates economic growth
Big Data – the impact on individuals
Employees
Empower & devolve decision making
Create new job & upskilling opportunities
Consumers
Better targeted offers
Improved products & services that meet needs
Big Data – the privacy concern
Big Data – Foundations of Success
Identifying the right data to solve the business problem or
opportunity
The ability to integrate & match varied data from multiple data
sources
structured, semi-structured, unstructured
Building the right IT infrastructure to support Big Data
applications
Having the right capabilities & skills to exploit the data
Big Data – the data integration challenge
SOCIAL
MEDIA
SENSORS
CS
DATA
EMAIL
MOBILES
EXTERNALDATASOURCES
INTERNALDATASOURCES
CRM
BILLING
OPS
SALES
PRODS
ANALYTICS PLATFORM 1
ANALYTICS PLATFORM 2
ANALYTICS PLATFORM 3
ANALYTICS PLATFORM n
ACTIONABLE INSIGHT & KNOWLEDGE
Big Data – Barriers & Pitfalls
The sheer volume of data – what’s worth using?
Data extraction challenges
The ability to match data from disparate sources / formats / media
The time taken to integrate new data sources
The risks of mismatching and incorrect identification of individuals
Legal & regulatory pitfalls
Security concerns – corporate & individual
Lack of skills & expertise
Making the case for investment
Big Data – the Data Quality Imperative (1)
Need to profile external and internal data sources
Need to classify data to define what data really matters
Need to assure the quality of internal (and some external)
data sources for accuracy, completeness, consistency
Need to define & apply business rules & metadata
management to how the data will be defined and used
Need for a data governance framework to ensure
consistency & control
Big Data – the Data Quality Imperative (2)
Need processes & tools to enable:
Source data profiling
Data integration
Data parsing
Data standardisation
Business rule creation & management
Metadata management & a shared business / IT glossary
Data de-duplication
Data normalisation
Data standardisation
Data matching
Data enrichment
Data audit
Many of these functions must be capable of being carried
out in real time with zero lag
Big Data – the key enablerEXTERNALDATASOURCES
INTERNALDATASOURCES
ANALYTICS PLATFORM 1
ANALYTICS PLATFORM 2
ANALYTICS PLATFORM 3
ANALYTICS PLATFORM n
ACTIONABLE INSIGHT & KNOWLEDGE
PROFILE
PARSE
STANDARDISE
MATCH
ENRICH
DATA QUALITY PLATFORM
PROFILE
PARSE
STANDARDISE
MATCH
ENRICH
Big Data – some algorithms
1. BIG DATA + POOR DATA QUALITY = BIG PROBLEMS
2. DATA DEMOCRITISATION – DATA GOVERNANCE =
ANARCHY
3. DATA MASH UPS – DATA QUALITY = DATA MESS
4. BIG DATA ANALYTICS + POOR DQ = WRONG RESULTS
5. BIG DATA – DATA ASSURANCE = JAIL
6. 3V + DATA QUALITY = 4V (VALIDITY)
Big Data – the future
To date Big Data has been overhyped but now a
tipping point has come
It is here and will grow in volume, velocity &
variety
Immature concept & market so hard to plan – but
consolidation is happening
Big data in a business context reflects emerging
generation’s expectations & needs
Data will increasingly be seen as an asset
Data skills will become increasingly valued
Big Data – how Trillium Software can help
Current Trillium Software products & services
can help you succeed in your Big Data
journey:
Real time & batch data capabilities in:
o Data profiling
o Parsing
o Standardisation
o De-duplication
o Matching
o Enrichment
o Audit
Strategic consulting services to prepare for and
realise Big Data opportunities
Questions
Contact: nigel.turner@trilliumsoftware.com
www.trilliumsoftware.com

Weitere ähnliche Inhalte

Was ist angesagt?

An Overview of BigData
An Overview of BigDataAn Overview of BigData
An Overview of BigDataValarmathi V
 
Importance of Data Analytics
 Importance of Data Analytics Importance of Data Analytics
Importance of Data AnalyticsProduct School
 
Big data analytic market opportunity
Big data analytic market opportunityBig data analytic market opportunity
Big data analytic market opportunityStanley Wang
 
Data-Ed Webinar: Demystifying Big Data
Data-Ed Webinar: Demystifying Big Data Data-Ed Webinar: Demystifying Big Data
Data-Ed Webinar: Demystifying Big Data DATAVERSITY
 
IRJET- Big Data Management and Growth Enhancement
IRJET- Big Data Management and Growth EnhancementIRJET- Big Data Management and Growth Enhancement
IRJET- Big Data Management and Growth EnhancementIRJET Journal
 
Analytics 3.0 Measurable business impact from analytics & big data
Analytics 3.0 Measurable business impact from analytics & big dataAnalytics 3.0 Measurable business impact from analytics & big data
Analytics 3.0 Measurable business impact from analytics & big dataMicrosoft
 
On Big Data Analytics - opportunities and challenges
On Big Data Analytics - opportunities and challengesOn Big Data Analytics - opportunities and challenges
On Big Data Analytics - opportunities and challengesPetteri Alahuhta
 
What is the concept of Big Data?
What is the concept of Big Data?What is the concept of Big Data?
What is the concept of Big Data?Sushil Deshmukh
 
Big Data, NoSQL, NewSQL & The Future of Data Management
Big Data, NoSQL, NewSQL & The Future of Data ManagementBig Data, NoSQL, NewSQL & The Future of Data Management
Big Data, NoSQL, NewSQL & The Future of Data ManagementTony Bain
 
Big Data Landscape 2018
Big Data Landscape 2018Big Data Landscape 2018
Big Data Landscape 2018Leanne Hwee
 
Societal Impact of Applied Data Science on the Big Data Stack
Societal Impact of Applied Data Science on the Big Data StackSocietal Impact of Applied Data Science on the Big Data Stack
Societal Impact of Applied Data Science on the Big Data StackStealth Project
 
Big Data - Insights & Challenges
Big Data - Insights & ChallengesBig Data - Insights & Challenges
Big Data - Insights & ChallengesRupen Momaya
 

Was ist angesagt? (20)

National Conference - Big Data - 31 Jan 2015
National Conference - Big Data - 31 Jan 2015National Conference - Big Data - 31 Jan 2015
National Conference - Big Data - 31 Jan 2015
 
An Overview of BigData
An Overview of BigDataAn Overview of BigData
An Overview of BigData
 
Big data-analytics-ebook
Big data-analytics-ebookBig data-analytics-ebook
Big data-analytics-ebook
 
Importance of Data Analytics
 Importance of Data Analytics Importance of Data Analytics
Importance of Data Analytics
 
IoT and Big Data
IoT and Big DataIoT and Big Data
IoT and Big Data
 
Big data analytic market opportunity
Big data analytic market opportunityBig data analytic market opportunity
Big data analytic market opportunity
 
Data-Ed Webinar: Demystifying Big Data
Data-Ed Webinar: Demystifying Big Data Data-Ed Webinar: Demystifying Big Data
Data-Ed Webinar: Demystifying Big Data
 
IRJET- Big Data Management and Growth Enhancement
IRJET- Big Data Management and Growth EnhancementIRJET- Big Data Management and Growth Enhancement
IRJET- Big Data Management and Growth Enhancement
 
Analytics 3.0 Measurable business impact from analytics & big data
Analytics 3.0 Measurable business impact from analytics & big dataAnalytics 3.0 Measurable business impact from analytics & big data
Analytics 3.0 Measurable business impact from analytics & big data
 
Data Mining With Big Data
Data Mining With Big DataData Mining With Big Data
Data Mining With Big Data
 
On Big Data Analytics - opportunities and challenges
On Big Data Analytics - opportunities and challengesOn Big Data Analytics - opportunities and challenges
On Big Data Analytics - opportunities and challenges
 
Big Data
Big DataBig Data
Big Data
 
Identifying the new frontier of big data as an enabler for T&T industries: Re...
Identifying the new frontier of big data as an enabler for T&T industries: Re...Identifying the new frontier of big data as an enabler for T&T industries: Re...
Identifying the new frontier of big data as an enabler for T&T industries: Re...
 
Big data unit i
Big data unit iBig data unit i
Big data unit i
 
What is the concept of Big Data?
What is the concept of Big Data?What is the concept of Big Data?
What is the concept of Big Data?
 
Big Data, NoSQL, NewSQL & The Future of Data Management
Big Data, NoSQL, NewSQL & The Future of Data ManagementBig Data, NoSQL, NewSQL & The Future of Data Management
Big Data, NoSQL, NewSQL & The Future of Data Management
 
Road Map for Careers in Big Data
Road Map for Careers in Big DataRoad Map for Careers in Big Data
Road Map for Careers in Big Data
 
Big Data Landscape 2018
Big Data Landscape 2018Big Data Landscape 2018
Big Data Landscape 2018
 
Societal Impact of Applied Data Science on the Big Data Stack
Societal Impact of Applied Data Science on the Big Data StackSocietal Impact of Applied Data Science on the Big Data Stack
Societal Impact of Applied Data Science on the Big Data Stack
 
Big Data - Insights & Challenges
Big Data - Insights & ChallengesBig Data - Insights & Challenges
Big Data - Insights & Challenges
 

Andere mochten auch

TheValueChain Beyond Simple 10 05-16 - Embedded analytics
TheValueChain Beyond Simple 10 05-16 - Embedded analyticsTheValueChain Beyond Simple 10 05-16 - Embedded analytics
TheValueChain Beyond Simple 10 05-16 - Embedded analyticsTheValueChain
 
Le SaaS vs ERP : Création de valeur & Challenges
Le SaaS vs ERP : Création de valeur & ChallengesLe SaaS vs ERP : Création de valeur & Challenges
Le SaaS vs ERP : Création de valeur & Challengesaraziki
 
Imagine a Supply Chain That Can Maximize Profitability
Imagine a Supply Chain That Can Maximize ProfitabilityImagine a Supply Chain That Can Maximize Profitability
Imagine a Supply Chain That Can Maximize ProfitabilityLora Cecere
 
Supply Chain Transformation - From First to the Last Mile
Supply Chain Transformation - From First to the Last MileSupply Chain Transformation - From First to the Last Mile
Supply Chain Transformation - From First to the Last MileKris Gorrepati
 
Scm webinar digital transformation
Scm webinar   digital transformationScm webinar   digital transformation
Scm webinar digital transformationPanaya
 
ERP and SCM - the link
ERP and SCM -  the linkERP and SCM -  the link
ERP and SCM - the linkSourabh Jain
 
Introduction to business analytics
Introduction to business analyticsIntroduction to business analytics
Introduction to business analyticsAna Canhoto
 
Business Analytics Overview
Business Analytics OverviewBusiness Analytics Overview
Business Analytics OverviewSAP Analytics
 
How to use Innovative Architectures for Digital Enterprises
How to use Innovative Architectures for Digital EnterprisesHow to use Innovative Architectures for Digital Enterprises
How to use Innovative Architectures for Digital EnterprisesCapgemini
 
Delivering Digital Transformation and Leveraging a Digital Platform
Delivering Digital Transformation and Leveraging a Digital PlatformDelivering Digital Transformation and Leveraging a Digital Platform
Delivering Digital Transformation and Leveraging a Digital PlatformCapgemini
 
Digital Transformation, Enterprise Architecture, Big Data by Danairat
Digital Transformation, Enterprise Architecture, Big Data by DanairatDigital Transformation, Enterprise Architecture, Big Data by Danairat
Digital Transformation, Enterprise Architecture, Big Data by DanairatDanairat Thanabodithammachari
 
Business intelligence vs business analytics
Business intelligence  vs business analyticsBusiness intelligence  vs business analytics
Business intelligence vs business analyticsSuvradeep Rudra
 
Supply Chain Management in ERP
Supply Chain Management in ERPSupply Chain Management in ERP
Supply Chain Management in ERPTom Matys
 
Developing a Roadmap for Digital Transformation
Developing a Roadmap for Digital TransformationDeveloping a Roadmap for Digital Transformation
Developing a Roadmap for Digital TransformationJohn Sinke
 

Andere mochten auch (18)

TheValueChain Beyond Simple 10 05-16 - Embedded analytics
TheValueChain Beyond Simple 10 05-16 - Embedded analyticsTheValueChain Beyond Simple 10 05-16 - Embedded analytics
TheValueChain Beyond Simple 10 05-16 - Embedded analytics
 
Le SaaS vs ERP : Création de valeur & Challenges
Le SaaS vs ERP : Création de valeur & ChallengesLe SaaS vs ERP : Création de valeur & Challenges
Le SaaS vs ERP : Création de valeur & Challenges
 
Imagine a Supply Chain That Can Maximize Profitability
Imagine a Supply Chain That Can Maximize ProfitabilityImagine a Supply Chain That Can Maximize Profitability
Imagine a Supply Chain That Can Maximize Profitability
 
E-Commerce Trends and Innovations 2014
E-Commerce Trends and Innovations 2014E-Commerce Trends and Innovations 2014
E-Commerce Trends and Innovations 2014
 
Supply Chain Transformation - From First to the Last Mile
Supply Chain Transformation - From First to the Last MileSupply Chain Transformation - From First to the Last Mile
Supply Chain Transformation - From First to the Last Mile
 
Scm webinar digital transformation
Scm webinar   digital transformationScm webinar   digital transformation
Scm webinar digital transformation
 
ERP and SCM - the link
ERP and SCM -  the linkERP and SCM -  the link
ERP and SCM - the link
 
Introduction to business analytics
Introduction to business analyticsIntroduction to business analytics
Introduction to business analytics
 
Impact of ERP on Supply Chain Efficiency
Impact of ERP on Supply Chain EfficiencyImpact of ERP on Supply Chain Efficiency
Impact of ERP on Supply Chain Efficiency
 
Business Analytics Overview
Business Analytics OverviewBusiness Analytics Overview
Business Analytics Overview
 
Role Of ERP In Supply Chain
Role Of ERP In Supply ChainRole Of ERP In Supply Chain
Role Of ERP In Supply Chain
 
How to use Innovative Architectures for Digital Enterprises
How to use Innovative Architectures for Digital EnterprisesHow to use Innovative Architectures for Digital Enterprises
How to use Innovative Architectures for Digital Enterprises
 
Delivering Digital Transformation and Leveraging a Digital Platform
Delivering Digital Transformation and Leveraging a Digital PlatformDelivering Digital Transformation and Leveraging a Digital Platform
Delivering Digital Transformation and Leveraging a Digital Platform
 
Digital Transformation, Enterprise Architecture, Big Data by Danairat
Digital Transformation, Enterprise Architecture, Big Data by DanairatDigital Transformation, Enterprise Architecture, Big Data by Danairat
Digital Transformation, Enterprise Architecture, Big Data by Danairat
 
Business intelligence vs business analytics
Business intelligence  vs business analyticsBusiness intelligence  vs business analytics
Business intelligence vs business analytics
 
Digital Business - Accenture
Digital Business - AccentureDigital Business - Accenture
Digital Business - Accenture
 
Supply Chain Management in ERP
Supply Chain Management in ERPSupply Chain Management in ERP
Supply Chain Management in ERP
 
Developing a Roadmap for Digital Transformation
Developing a Roadmap for Digital TransformationDeveloping a Roadmap for Digital Transformation
Developing a Roadmap for Digital Transformation
 

Ähnlich wie The Bigger They Are The Harder They Fall

Big data and the data quality imperative
Big data and the data quality imperativeBig data and the data quality imperative
Big data and the data quality imperativeTrillium Software
 
BDA 2012 Big data why the big fuss?
BDA 2012 Big data why the big fuss?BDA 2012 Big data why the big fuss?
BDA 2012 Big data why the big fuss?Christopher Bradley
 
Nuestar "Big Data Cloud" Major Data Center Technology nuestarmobilemarketing...
Nuestar "Big Data Cloud" Major Data Center Technology  nuestarmobilemarketing...Nuestar "Big Data Cloud" Major Data Center Technology  nuestarmobilemarketing...
Nuestar "Big Data Cloud" Major Data Center Technology nuestarmobilemarketing...IT Support Engineer
 
Embracing data science
Embracing data scienceEmbracing data science
Embracing data scienceVipul Kalamkar
 
Big Data Analytics_Unit1.pptx
Big Data Analytics_Unit1.pptxBig Data Analytics_Unit1.pptx
Big Data Analytics_Unit1.pptxPrabhaJoshi4
 
Deliveinrg explainable AI
Deliveinrg explainable AIDeliveinrg explainable AI
Deliveinrg explainable AIGary Allemann
 
Data foundation for analytics excellence
Data foundation for analytics excellenceData foundation for analytics excellence
Data foundation for analytics excellenceMudit Mangal
 
Oceans of big data: Take the plunge or wade in slowly?
Oceans of big data: Take the plunge or wade in slowly?Oceans of big data: Take the plunge or wade in slowly?
Oceans of big data: Take the plunge or wade in slowly?Deloitte Canada
 
final oracle presentation
final oracle presentationfinal oracle presentation
final oracle presentationPriyesh Patel
 
02 a holistic approach to big data
02 a holistic approach to big data02 a holistic approach to big data
02 a holistic approach to big dataRaul Chong
 
Gse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-sharedGse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-sharedcedrinemadera
 
Choosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your BusinessChoosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your BusinessChicago Hadoop Users Group
 
Analysis of Big Data
Analysis of Big DataAnalysis of Big Data
Analysis of Big DataIRJET Journal
 
Project 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docx
Project 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docxProject 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docx
Project 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docxstilliegeorgiana
 
Day 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_pressDay 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_pressIntelAPAC
 
Ab cs of big data
Ab cs of big dataAb cs of big data
Ab cs of big dataDigimark
 
The challenges of big data, how data capable is your business? DQM Group
The challenges of big data, how data capable is your business? DQM Group  The challenges of big data, how data capable is your business? DQM Group
The challenges of big data, how data capable is your business? DQM Group Internet World
 

Ähnlich wie The Bigger They Are The Harder They Fall (20)

Big data and the data quality imperative
Big data and the data quality imperativeBig data and the data quality imperative
Big data and the data quality imperative
 
BDA 2012 Big data why the big fuss?
BDA 2012 Big data why the big fuss?BDA 2012 Big data why the big fuss?
BDA 2012 Big data why the big fuss?
 
Nuestar "Big Data Cloud" Major Data Center Technology nuestarmobilemarketing...
Nuestar "Big Data Cloud" Major Data Center Technology  nuestarmobilemarketing...Nuestar "Big Data Cloud" Major Data Center Technology  nuestarmobilemarketing...
Nuestar "Big Data Cloud" Major Data Center Technology nuestarmobilemarketing...
 
Embracing data science
Embracing data scienceEmbracing data science
Embracing data science
 
Big Data Analytics_Unit1.pptx
Big Data Analytics_Unit1.pptxBig Data Analytics_Unit1.pptx
Big Data Analytics_Unit1.pptx
 
Deliveinrg explainable AI
Deliveinrg explainable AIDeliveinrg explainable AI
Deliveinrg explainable AI
 
Data foundation for analytics excellence
Data foundation for analytics excellenceData foundation for analytics excellence
Data foundation for analytics excellence
 
Oceans of big data: Take the plunge or wade in slowly?
Oceans of big data: Take the plunge or wade in slowly?Oceans of big data: Take the plunge or wade in slowly?
Oceans of big data: Take the plunge or wade in slowly?
 
final oracle presentation
final oracle presentationfinal oracle presentation
final oracle presentation
 
02 a holistic approach to big data
02 a holistic approach to big data02 a holistic approach to big data
02 a holistic approach to big data
 
uae views on big data
  uae views on  big data  uae views on  big data
uae views on big data
 
Gse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-sharedGse uk-cedrinemadera-2018-shared
Gse uk-cedrinemadera-2018-shared
 
Choosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your BusinessChoosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your Business
 
Analysis of Big Data
Analysis of Big DataAnalysis of Big Data
Analysis of Big Data
 
Project 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docx
Project 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docxProject 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docx
Project 3 – Hollywood and IT· Find 10 incidents of Hollywood p.docx
 
1 UNIT-DSP.pptx
1 UNIT-DSP.pptx1 UNIT-DSP.pptx
1 UNIT-DSP.pptx
 
Day 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_pressDay 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_press
 
Ab cs of big data
Ab cs of big dataAb cs of big data
Ab cs of big data
 
The challenges of big data, how data capable is your business? DQM Group
The challenges of big data, how data capable is your business? DQM Group  The challenges of big data, how data capable is your business? DQM Group
The challenges of big data, how data capable is your business? DQM Group
 
new.pptx
new.pptxnew.pptx
new.pptx
 

Mehr von Trillium Software

Trillium software garp march 2014 presentation bfast briefing
Trillium software   garp march 2014 presentation bfast briefingTrillium software   garp march 2014 presentation bfast briefing
Trillium software garp march 2014 presentation bfast briefingTrillium Software
 
How Underwriters Can Access Claims Data Now
How Underwriters Can Access Claims Data NowHow Underwriters Can Access Claims Data Now
How Underwriters Can Access Claims Data NowTrillium Software
 
Trillium Software CRMUG Webinar August 6, 2013
Trillium Software CRMUG Webinar August 6, 2013Trillium Software CRMUG Webinar August 6, 2013
Trillium Software CRMUG Webinar August 6, 2013Trillium Software
 
How to Identify Claims High-Risk Insurance Claims Faster and More Accurately
How to Identify Claims High-Risk Insurance Claims Faster and More AccuratelyHow to Identify Claims High-Risk Insurance Claims Faster and More Accurately
How to Identify Claims High-Risk Insurance Claims Faster and More AccuratelyTrillium Software
 
Cloud Computing and Data Governance
Cloud Computing and Data GovernanceCloud Computing and Data Governance
Cloud Computing and Data GovernanceTrillium Software
 
Trillium Software Building the Business Case for Data Quality
Trillium Software Building the Business Case for Data QualityTrillium Software Building the Business Case for Data Quality
Trillium Software Building the Business Case for Data QualityTrillium Software
 
Lean Mean Data Governance Machine Webinar Part 1
Lean Mean Data Governance Machine  Webinar Part 1Lean Mean Data Governance Machine  Webinar Part 1
Lean Mean Data Governance Machine Webinar Part 1Trillium Software
 
Lean Mean Data Governance Machine Webinar Part 2
Lean Mean Data Governance Machine Webinar Part 2 Lean Mean Data Governance Machine Webinar Part 2
Lean Mean Data Governance Machine Webinar Part 2 Trillium Software
 
Creating Your Data Governance Dashboard
Creating Your Data Governance DashboardCreating Your Data Governance Dashboard
Creating Your Data Governance DashboardTrillium Software
 
The Changing Data Quality & Data Governance Landscape
The Changing Data Quality & Data Governance LandscapeThe Changing Data Quality & Data Governance Landscape
The Changing Data Quality & Data Governance LandscapeTrillium Software
 

Mehr von Trillium Software (10)

Trillium software garp march 2014 presentation bfast briefing
Trillium software   garp march 2014 presentation bfast briefingTrillium software   garp march 2014 presentation bfast briefing
Trillium software garp march 2014 presentation bfast briefing
 
How Underwriters Can Access Claims Data Now
How Underwriters Can Access Claims Data NowHow Underwriters Can Access Claims Data Now
How Underwriters Can Access Claims Data Now
 
Trillium Software CRMUG Webinar August 6, 2013
Trillium Software CRMUG Webinar August 6, 2013Trillium Software CRMUG Webinar August 6, 2013
Trillium Software CRMUG Webinar August 6, 2013
 
How to Identify Claims High-Risk Insurance Claims Faster and More Accurately
How to Identify Claims High-Risk Insurance Claims Faster and More AccuratelyHow to Identify Claims High-Risk Insurance Claims Faster and More Accurately
How to Identify Claims High-Risk Insurance Claims Faster and More Accurately
 
Cloud Computing and Data Governance
Cloud Computing and Data GovernanceCloud Computing and Data Governance
Cloud Computing and Data Governance
 
Trillium Software Building the Business Case for Data Quality
Trillium Software Building the Business Case for Data QualityTrillium Software Building the Business Case for Data Quality
Trillium Software Building the Business Case for Data Quality
 
Lean Mean Data Governance Machine Webinar Part 1
Lean Mean Data Governance Machine  Webinar Part 1Lean Mean Data Governance Machine  Webinar Part 1
Lean Mean Data Governance Machine Webinar Part 1
 
Lean Mean Data Governance Machine Webinar Part 2
Lean Mean Data Governance Machine Webinar Part 2 Lean Mean Data Governance Machine Webinar Part 2
Lean Mean Data Governance Machine Webinar Part 2
 
Creating Your Data Governance Dashboard
Creating Your Data Governance DashboardCreating Your Data Governance Dashboard
Creating Your Data Governance Dashboard
 
The Changing Data Quality & Data Governance Landscape
The Changing Data Quality & Data Governance LandscapeThe Changing Data Quality & Data Governance Landscape
The Changing Data Quality & Data Governance Landscape
 

Kürzlich hochgeladen

2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...Martijn de Jong
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024Results
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUK Journal
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxKatpro Technologies
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Enterprise Knowledge
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking MenDelhi Call girls
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slidevu2urc
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking MenDelhi Call girls
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityPrincipled Technologies
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking MenDelhi Call girls
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Igalia
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptxHampshireHUG
 

Kürzlich hochgeladen (20)

2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 

The Bigger They Are The Harder They Fall

  • 1. Be Certain. Be Trillium Certain. The Bigger They Are The Harder They Fall: Big Data & the Data Quality Imperative Nigel Turner, VP Strategic Information Management Tuesday 19th June 2012
  • 2. The bigger they are the harder they fall…
  • 3. But big can pay off…
  • 4. Big Data – what is it? Set of new concepts, practices & technologies to manage & exploit digital data OVUM defines it as: “A data computational problem that is large and varied enough to demand new approaches to traditional SQL & related practices” Key premise is that all data has potential value if it can be collected, analysed and used to generate actionable insight
  • 5. Big Data – its characteristics The 3Vs • Reflects exponential growth of data – predicted 40-60% per annum • Today 2.5 quintillion bytes of data are created every day • 90% of all digital data was created in the last two years • Data generated more varied and complex than before: – Text, Audio, Images, Machine Generated etc. • Much of this data is semi-structured or unstructured • Traditional IT techniques ill equipped to process & analyse it • Data often generated in real time • Analysis and response needs to be rapid, often also real time • Traditional BI / DW environments becoming obsolescent – new approaches are needed
  • 6. What’s different about Big Data? New technologies which enable distributed & highly scalable MPP (Massively Parallel Processing), e.g. Apache Hadoop MapReduce NoSQL databases Strong emphasis on analytical approaches Emergence of “data science” Predictive Analytics Data Mining The “democratisation” of data Data made available to all (cf Cloud Computing) Business and not IT led BI
  • 7. Where does Big Data come from? Widely known sources
  • 8. Where does Big Data come from? Social Media & Social Networks
  • 9. Where does Big Data come from? Machine Generated data
  • 10. Big Data – some vertical applications Retail: using point of sale & social media data to supplement & enrich traditional CRM / Marketing data Insurance & Banking: fraud detection Health: holistic patient analysis Utilities: consumption peaks & troughs & capacity planning Telcos: call routing optimisation & customer churn Manufacturing: predictive fault identification & supply chain optimisation Research: particle analysis, genomics etc.
  • 11. Big Data in practice - Volvo Every Volvo vehicle has hundreds of microprocessors / sensors Data generated used within the car itself but also captured for analysis by Volvo and its dealers All data is loaded into a centralised data analysis hub & integrated with CRM, dealership & product data Used to optimise design & manufacturing, enhance customer interaction & improve safety
  • 12. Big data in practice – fraud detection
  • 13. Big Data – why invest? Better understanding of customer & market behaviour Improved knowledge of product & service performance Aids innovation in products & services Fact based and more rapid decision making Enhances revenue Reduces costs Stimulates economic growth
  • 14. Big Data – the impact on individuals Employees Empower & devolve decision making Create new job & upskilling opportunities Consumers Better targeted offers Improved products & services that meet needs
  • 15. Big Data – the privacy concern
  • 16. Big Data – Foundations of Success Identifying the right data to solve the business problem or opportunity The ability to integrate & match varied data from multiple data sources structured, semi-structured, unstructured Building the right IT infrastructure to support Big Data applications Having the right capabilities & skills to exploit the data
  • 17. Big Data – the data integration challenge SOCIAL MEDIA SENSORS CS DATA EMAIL MOBILES EXTERNALDATASOURCES INTERNALDATASOURCES CRM BILLING OPS SALES PRODS ANALYTICS PLATFORM 1 ANALYTICS PLATFORM 2 ANALYTICS PLATFORM 3 ANALYTICS PLATFORM n ACTIONABLE INSIGHT & KNOWLEDGE
  • 18. Big Data – Barriers & Pitfalls The sheer volume of data – what’s worth using? Data extraction challenges The ability to match data from disparate sources / formats / media The time taken to integrate new data sources The risks of mismatching and incorrect identification of individuals Legal & regulatory pitfalls Security concerns – corporate & individual Lack of skills & expertise Making the case for investment
  • 19. Big Data – the Data Quality Imperative (1) Need to profile external and internal data sources Need to classify data to define what data really matters Need to assure the quality of internal (and some external) data sources for accuracy, completeness, consistency Need to define & apply business rules & metadata management to how the data will be defined and used Need for a data governance framework to ensure consistency & control
  • 20. Big Data – the Data Quality Imperative (2) Need processes & tools to enable: Source data profiling Data integration Data parsing Data standardisation Business rule creation & management Metadata management & a shared business / IT glossary Data de-duplication Data normalisation Data standardisation Data matching Data enrichment Data audit Many of these functions must be capable of being carried out in real time with zero lag
  • 21. Big Data – the key enablerEXTERNALDATASOURCES INTERNALDATASOURCES ANALYTICS PLATFORM 1 ANALYTICS PLATFORM 2 ANALYTICS PLATFORM 3 ANALYTICS PLATFORM n ACTIONABLE INSIGHT & KNOWLEDGE PROFILE PARSE STANDARDISE MATCH ENRICH DATA QUALITY PLATFORM PROFILE PARSE STANDARDISE MATCH ENRICH
  • 22. Big Data – some algorithms 1. BIG DATA + POOR DATA QUALITY = BIG PROBLEMS 2. DATA DEMOCRITISATION – DATA GOVERNANCE = ANARCHY 3. DATA MASH UPS – DATA QUALITY = DATA MESS 4. BIG DATA ANALYTICS + POOR DQ = WRONG RESULTS 5. BIG DATA – DATA ASSURANCE = JAIL 6. 3V + DATA QUALITY = 4V (VALIDITY)
  • 23. Big Data – the future To date Big Data has been overhyped but now a tipping point has come It is here and will grow in volume, velocity & variety Immature concept & market so hard to plan – but consolidation is happening Big data in a business context reflects emerging generation’s expectations & needs Data will increasingly be seen as an asset Data skills will become increasingly valued
  • 24. Big Data – how Trillium Software can help Current Trillium Software products & services can help you succeed in your Big Data journey: Real time & batch data capabilities in: o Data profiling o Parsing o Standardisation o De-duplication o Matching o Enrichment o Audit Strategic consulting services to prepare for and realise Big Data opportunities