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Analytical Thinking
Analytical Thinking 14 - A Newsletter from
                                                                                                          September 2012
the UK Business Analytics Team

   Introduction


   Introduction
   Welcome to the latest edition of Analytical Thinking, a newsletter from the UK Business Analytics community
   providing snippets of insight on what people have been saying and how organisations have been using our capability
   over the last 2 weeks.
   Within this edition, we have two different sections: Big data and Analytics. In the Big Data section, 5 articles explain
   how Big Data can be link to other topics such as Business Intelligence and Predictive Analytics. In the Analytics
   section, you will discover different ways that analytics has been adopted by CIOs and to optimise supply chains.


                                                                                                                 back to top


   Big Data


   Big Data In Automotive And Machinery: Using Analytics To Deliver Better Products
                And A More Fulfilling Driver Experience
                     The automotive industry, including cars, trucks, buses, semi-trailers, farm equipment, and
                     construction equipment, is on the cusp of a Big Data revolution. Automotive companies have the
                     opportunity to leverage new sources of Big Data to accelerate product design, improve vehicle
                     performance and enhance the driver experience. In this article, you will discover few examples of
                     how Big Data is transforming the automotive industry thanks to new detailed data sources coupled
                     with advanced analytics.
   See article




   Data To Decisions: The Intersection Of
               Big Data, Semantic Web,                     How Big Data Brings Business Intelligence
                                                                      And Predictive Analytics
               And BI
                                                                      Together
                      Organizations    have   faced    a
                      constant technology arms race to                       This article argues that Big data is about to
                      achieve basic levels of decision                       move BI and predictive analytics away from
                      management.        From       data                     statisticians and data scientists and into
                      warehousing, to data marts, to                         the everyday life of business decision
   reporting tools to BI, and now Big Data,                                  makers; imagining the world where a
   organizations and leaders have been inundated with      customer service advisor can make an independent decision
   technology fads. While the latest buzz in technology    on whether a problem customer is worth keeping or not. This
   may come and go, Constellation Research believes        article explains how big data is enabling the ever-elusive
   organizations seek a path from data to information to   single view of the customer.
   insight to action. This path from Data to Decisions     See article
   drives the science and discipline behind decision
   management. This article details the growing need
   for what it refers to as decision management.
   See article
The Big Value In Big Data: Seeing
                                                          The Difference Between Big Data And Big
            Customer Buying
            Patterns                                                  Data Analytics
                                                                            If you scan any other business innovation
                 According to Gartner, unstructured
                                                                            publication, you are sure to see “Big Data”
                 and structured data held by
                                                                            thrown around incessantly. However, you
                 enterprises continues to grow at
                                                                            will also find the term Big Data Analytics
                 explosive rates. However, volume
                                                                            used as well. Sometimes the terms are
                 and velocity of data – what the
                                                                            used interchangeable, and in the same
business world is beginning to understand as the
                                                         article. But they are not the same thing. Basically, the
“Big Data Problem” – are becoming less of an issue
                                                         difference comes down to the term “Big Data” referring to
than the variety of data. The core question is this:
                                                         the new techniques that have been developed to store
does big data actually solve real-world business
                                                         enormous amounts of data and “Big Data Analytics” referring
problems? The short answer is yes – and in this
                                                         to the algorithms and programs that mine these massive
article, here is a real world example of how
                                                         data stores. Only when you combine them can you can tap
leveraging Big Data can solve the complexity around
                                                         the potential of all this data we are capturing and storing.
product proliferation by helping companies align
product offering and supply chain based on               See article
customer-buying patterns.
See article




Analytics
Why CIOs Are Quickly Prioritizing
                                                         Supply Chain Execs See Benefits In
           Analytics, Cloud And
           Mobile                                                   Predictive Software
                                                                           Seventy-five percent of the 191 top supply
                   Customers are quickly reinventing
                                                                           chain officers who took part in a June 2012
                   how they choose to learn about
                                                                           Aberdeen Group survey said their decision
                   new products, keep current on
                                                                           making could be improved with the use of
                   existing ones, and stay loyal to
                                                                           proper analytics, defined as special software
                   those brands they most value.
                                                                           tools built to discern patterns or trends in
The best-run companies are all over this,
                                                         supply chain and logistics operations. Respondents to the
orchestrating their IT strategies to be as responsive
                                                         research firm's survey said predictive analytical software
as possible. This article argues that CIOs need to be
                                                         would help them to achieve cost savings, increase
as strong at strategic planning and execution as they
                                                         profitability, and differentiate their customer service from
are at technology and that many are quickly
                                                         that of competitors. This article explains that supply chain
prioritizing analytics, cloud and mobile strategies to
                                                         executives believe they could make smarter decisions and
stay in step with their rapidly changing customer
                                                         increase profitability if they were armed with the right
bases.
                                                         analytical software.
See article
                                                         See article



Footnote
Figure It Out Blog
   Have you visited the Figure it out blog yet?
                                                                                                             back to top



Feedback
We hope that you have enjoyed reading this fourteenth edition of Analytical Thinking and hope that it has provided
you with a good insight into some of the value that is currently being realised through Business Analytics solutions.
If you would like to find out more about our services and propositions then please contact Nigel Lewis or Jon
Chadwick. If you have any suggestions on how we can improve this newsletter or if you have received it via a
colleague and would like to subscribe then please contact Charlotte Skornik. If you spot an article that is Business
Analytics related then we'd like to know about it, please submit it to Charlotte Skornik, and it may appear in the
next edition of Analytical Thinking!
Charlotte Skornik
Business Analytics | Operational Research

charlotte.skornik@capgemini.com
Tel: +44 (0) 870 904 5666 - Mob: +44 (0) 789 115 5666
www.uk.capgemini.com
40 Holborn Viaduct - London - EC1N 2PB




Connect with us:



Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group

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Analytical thinking 14 - September 2012

  • 1. Analytical Thinking Analytical Thinking 14 - A Newsletter from September 2012 the UK Business Analytics Team Introduction Introduction Welcome to the latest edition of Analytical Thinking, a newsletter from the UK Business Analytics community providing snippets of insight on what people have been saying and how organisations have been using our capability over the last 2 weeks. Within this edition, we have two different sections: Big data and Analytics. In the Big Data section, 5 articles explain how Big Data can be link to other topics such as Business Intelligence and Predictive Analytics. In the Analytics section, you will discover different ways that analytics has been adopted by CIOs and to optimise supply chains. back to top Big Data Big Data In Automotive And Machinery: Using Analytics To Deliver Better Products And A More Fulfilling Driver Experience The automotive industry, including cars, trucks, buses, semi-trailers, farm equipment, and construction equipment, is on the cusp of a Big Data revolution. Automotive companies have the opportunity to leverage new sources of Big Data to accelerate product design, improve vehicle performance and enhance the driver experience. In this article, you will discover few examples of how Big Data is transforming the automotive industry thanks to new detailed data sources coupled with advanced analytics. See article Data To Decisions: The Intersection Of Big Data, Semantic Web, How Big Data Brings Business Intelligence And Predictive Analytics And BI Together Organizations have faced a constant technology arms race to This article argues that Big data is about to achieve basic levels of decision move BI and predictive analytics away from management. From data statisticians and data scientists and into warehousing, to data marts, to the everyday life of business decision reporting tools to BI, and now Big Data, makers; imagining the world where a organizations and leaders have been inundated with customer service advisor can make an independent decision technology fads. While the latest buzz in technology on whether a problem customer is worth keeping or not. This may come and go, Constellation Research believes article explains how big data is enabling the ever-elusive organizations seek a path from data to information to single view of the customer. insight to action. This path from Data to Decisions See article drives the science and discipline behind decision management. This article details the growing need for what it refers to as decision management. See article
  • 2. The Big Value In Big Data: Seeing The Difference Between Big Data And Big Customer Buying Patterns Data Analytics If you scan any other business innovation According to Gartner, unstructured publication, you are sure to see “Big Data” and structured data held by thrown around incessantly. However, you enterprises continues to grow at will also find the term Big Data Analytics explosive rates. However, volume used as well. Sometimes the terms are and velocity of data – what the used interchangeable, and in the same business world is beginning to understand as the article. But they are not the same thing. Basically, the “Big Data Problem” – are becoming less of an issue difference comes down to the term “Big Data” referring to than the variety of data. The core question is this: the new techniques that have been developed to store does big data actually solve real-world business enormous amounts of data and “Big Data Analytics” referring problems? The short answer is yes – and in this to the algorithms and programs that mine these massive article, here is a real world example of how data stores. Only when you combine them can you can tap leveraging Big Data can solve the complexity around the potential of all this data we are capturing and storing. product proliferation by helping companies align product offering and supply chain based on See article customer-buying patterns. See article Analytics Why CIOs Are Quickly Prioritizing Supply Chain Execs See Benefits In Analytics, Cloud And Mobile Predictive Software Seventy-five percent of the 191 top supply Customers are quickly reinventing chain officers who took part in a June 2012 how they choose to learn about Aberdeen Group survey said their decision new products, keep current on making could be improved with the use of existing ones, and stay loyal to proper analytics, defined as special software those brands they most value. tools built to discern patterns or trends in The best-run companies are all over this, supply chain and logistics operations. Respondents to the orchestrating their IT strategies to be as responsive research firm's survey said predictive analytical software as possible. This article argues that CIOs need to be would help them to achieve cost savings, increase as strong at strategic planning and execution as they profitability, and differentiate their customer service from are at technology and that many are quickly that of competitors. This article explains that supply chain prioritizing analytics, cloud and mobile strategies to executives believe they could make smarter decisions and stay in step with their rapidly changing customer increase profitability if they were armed with the right bases. analytical software. See article See article Footnote Figure It Out Blog Have you visited the Figure it out blog yet? back to top Feedback We hope that you have enjoyed reading this fourteenth edition of Analytical Thinking and hope that it has provided you with a good insight into some of the value that is currently being realised through Business Analytics solutions. If you would like to find out more about our services and propositions then please contact Nigel Lewis or Jon Chadwick. If you have any suggestions on how we can improve this newsletter or if you have received it via a colleague and would like to subscribe then please contact Charlotte Skornik. If you spot an article that is Business Analytics related then we'd like to know about it, please submit it to Charlotte Skornik, and it may appear in the next edition of Analytical Thinking!
  • 3. Charlotte Skornik Business Analytics | Operational Research charlotte.skornik@capgemini.com Tel: +44 (0) 870 904 5666 - Mob: +44 (0) 789 115 5666 www.uk.capgemini.com 40 Holborn Viaduct - London - EC1N 2PB Connect with us: Capgemini Consulting is the strategy and transformation consulting brand of Capgemini Group