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Visual Analytics

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Visual Analytics combines human intuition and data science to derive knowledge from the data in a very efficient, effective and easy way. Visual Analytics empowers your people to interact with the data and generate new insights.

Veröffentlicht in: Business
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Visual Analytics

  1. 1. Visual Analytics A BearingPoint Accelerator We are in the midst of the information revolution and the massive amounts of data are constantly flooding daily business. In today’s digital world companies have to deal with an overwhelming amount, variety and complexity of data. Hence, companies need to be cautious in order to avoid operational blindness. Visual Analytics combines human intuition and data science to derive knowledge from the data in a very efficient, effective and easy way. Visual Analytics empowers your people to interact with the data and generate new insights.
  2. 2. Contents Market Drivers Our Approach Client Benefits References Contact Visual Analytics | A BearingPoint Accelerator
  3. 3. Visual Analytics | A BearingPoint Accelerator Digitalization is one of the shaping factors of today’s economy. Thereby, the creation and use of data has emerged as an omnipres- ent topic for top management. In theory, data just needs to be collected and monetized to bring benefits to both buyers and sellers. However, the latest research shows that only 0.5% of available data is analyzed. Therefore, various organizations fail to take advan- tage of the value of data today. Access and transparency of data remain a problem. Additionally, data is not structured and it is difficult to work with, which results in huge individual and manual efforts. Even though modern algorithms are rapidly progressing, they are far from replacing the human brain completely. Several factors and interdisciplinary connections are necessary, which leaves the human brain in the center of the insight generation process. While experts find patterns and insights, most people are alienated by databases and huge excel files. There is expertise within companies in order to find patterns and insights, but the relevant ques- tion is how to enable and empower those knowledge carriers to work with the data. Thus, in order to ease the process of working with data, the means of interaction need to be changed. This is the reason why we promote visual analytics. New tools allow to quickly create and adapt dashboards faster than ever before. The simplicity and intui- tive use of dashboards also allows sharing results within the organization. One of the biggest advantages is the real-time display of the latest data. Not only does it remove the need for time intensive and repetitive analyses, it also allows employees, on all levels, to quickly react to changes in the market. Step by step this will change the way data is managed and perceived in huge organizations, while at the same time revealing significant insights. Today’s companies across industries face imminent pressure to structure and exploit big data Market Drivers
  4. 4. Visual Analytics | A BearingPoint Accelerator Business Question Decompo- sition Data Collection Prototype & Development Publishing High Level Schedule of Visual Analytics Introduction Sprints Problem Identification & Decomposition • Scope setting and definition of basic business querries • Problem decomposition and translation into visual analytics Data Collection • Data assessment and source selection, data restructuring Publishing • Final review and user acceptance test Prototyping and Agile Development • Prototypes: Visualization with data sample (MVP) • Development: Product backlog definition and iterative execution for Visual Analytics dashboards • We use a tool agnostic approach: the suitable software will be selected and has to be in place (purchase done by client) Kick off Meeting Decomposition- Meeting Feasibility Check & Data Meeting Prototype Review- Meeting Result Meeting Visual Analytics Publishing 1-2 weeks 2-3 weeks 1-2 weeks 1-2 weeks1-3 weeks
  5. 5. Visual Analytics | A BearingPoint Accelerator In today’s fast-paced business environment, Visual Analytics supports clients in order to work with data, unlock hidden insights and take informed decisions Value added Time Support better business decision-making With crucial data right at their fingertips, decision-makers can judge available options for operational and strategic aspects alike Unlock hidden business opportunities, efficiency gains and cost saving potentials By combining different data sources and aggregations, unforeseen relations and patterns may come to light Data Analytics and Visual analytics together create a data-driven organization Visual Analytics and Data Analytics support users to explore vast amounts of data in an intuitive way and unfold their full potential
  6. 6. Visual Analytics | A BearingPoint Accelerator Please note: all screenshots are exemplary and will be customized Selected Client Projects Strategic network planning in a multinational telecommunications company Introduction of a planning dashboard as an answer to national coverage regulation requirements, in order to support the client in the expansion of their mobile network • Gain valuable insights with respect to current coverage levels and coverage gaps • Enable the client to manage planning interdependencies in terms of technology, contractual agreements, and budget • Dashboard is used by department heads and by the management board Financial performance cockpit for a multinational electricity provider Approach several countries to collect relevant financial data to analyze the financial performance for different businesses • Data standardization and consolidation into one single database • Application of visual analytics and cockpit development to measure all relevant KPIs References
  7. 7. Visual Analytics | A BearingPoint Accelerator Please note: all screenshots are exemplary and will be customized Selected Client Projects Campaign management for a world leading automotive company Analysis of new car sales across the country and development of different dashboards and cockpits • Gain an overview of the sales performance • Successful development of campaigns for cross-sell/upsell to further increase the revenue Mass rollout steering for a multinational telecommunications company Introduction of a rollout-tracking dashboard to support the client in appropriately expanding his mobile network • Support visualization of progress in large waterfall projects • Support high-level waterfall view as well as individual single site details with one click • Dashboard is used by internal project organization References
  8. 8. Visual Analytics | A BearingPoint Accelerator Contact Marcel Tietjen Partner BearingPoint Germany marcel.tietjen@bearingpoint.com Julius Hafer Manager BearingPoint Germany julius.hafer@bearingpoint.com © 2019 BearingPoint. All rights reserved About BearingPoint BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three units: Consulting, Solutions and Ventures. Consulting covers the advisory business; Solutions provides the tools for successful digital transformation, regulatory technology and advanced analytics; Ventures drives the financing and development of start-ups. BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success. For more information, please visit: Homepage: www.bearingpoint.com LinkedIn: www.linkedin.com/company/bearingpoint Twitter: @BearingPoint