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Hani Saif, CIO eXtra
@hanisaif
hanisaif
90% of the data in the
world today was created
in the last two years .
US healthcare can save $300B yearly if they
leverage big data
2016 :6 Million job will be
created to serve new data
(2 M IT and the rest non IT)
The total volume of data that the industry
captures and stores, gets doubled in every
1.2 years.
Source: GSMA_Global_Mobile_Economy_Report_2015
For a typical Fortune 1000
company, just a 10%
increase in data accessibility
will result in more than $65
million additional net
income.
Within five years there will be over 50 billion
smart connected devices in the world, all
developed to collect, analyze and share data.
Retailers who leverage the
full power of big data could
increase their operating
margins by as much as 60%.
What is the Big data
voluminous amount of
structured, unstructured and
semi-structured data
Three Characteristics of Big Data 3Vs
Volume
Velocity
Variety
Data at scale
Teradbytes to
Petabytes
“facebook 25TB
of data daily”
The speed at which new
data is generated
“500 million tweets daily”
Data is usually in various
formats, structure and
unstructured
Audio file ,Video file
“Text messages , location
coordinates ..etc”
Traditional data vs Big Data
Traditional Data
• Control on data creation
• Manageable volume
• Structured ,RDBMS is the right tool
• Query Language can be used
Big Data
• Uncontrolled creation of data
• Very large volumes
• Unstructured, need different tool to manage
• Query language cannot be used
Where does these data go ?
Big Data
Repository
Data
Processing
Business Analytics Software
Actionable
Data
Demand Forecasting
Inventory Forecasting
Trend Forecasting
Dynamic Pricing
Planning Product
Promotion
Timely Offers
How does big data works
Identifies the Prospect
via Smartphone Etc.
Feeds the Profile of Prospect
into Real-Time Expert
System
Big Data
Repository
Analysis
Processing
25% off on
bundle book
purchase
New book
Arrived on
author “X”
Gift Coupon
On birthday
35% off on
Pre-Holiday
Season
How to Process the
data for Retailer?
“ The worst form of
inequality is to try to make
unequal things equal ”
Aristotle
Customer segmentation is the practice of classifying your
customer base into distinct groups. This separation of
customers into unique groups is often based on
multidimensional customer information such as; observed
customer purchase and product usage behavior, demographic
and lifestage characteristics, or even self-reported product /
service preferences, needs and attitudes
Definition and Application
Source: IKNOWTION
Predictive modeling is the practice of forecasting future
customer behaviors and propensities and assigning a score or
ranking to each customer that depicts their anticipated actions.
As is the case in segmentation, multi-dimensional customer
information is leveraged to identify and isolate customer
characteristics that are highly correlated with targeted
outcomes.
Definition and Application
Source: IKNOWTION
This Lead to…… Retain Customers ..make them Loyal
Better marketing effectiveness
Having the right assortment
Better Inventory Optimization
Maximize the Sales
Maximize the Profit
Fraud detection
Big Data is
an IT Decision
A Business Decision
Sponsorship
Source: IBM
Don’t forget to
measure the
What is Big Data

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What is Big Data

  • 1. Hani Saif, CIO eXtra @hanisaif hanisaif
  • 2.
  • 3. 90% of the data in the world today was created in the last two years . US healthcare can save $300B yearly if they leverage big data 2016 :6 Million job will be created to serve new data (2 M IT and the rest non IT) The total volume of data that the industry captures and stores, gets doubled in every 1.2 years.
  • 5. For a typical Fortune 1000 company, just a 10% increase in data accessibility will result in more than $65 million additional net income. Within five years there will be over 50 billion smart connected devices in the world, all developed to collect, analyze and share data. Retailers who leverage the full power of big data could increase their operating margins by as much as 60%.
  • 6.
  • 7.
  • 8.
  • 9. What is the Big data voluminous amount of structured, unstructured and semi-structured data
  • 10.
  • 11. Three Characteristics of Big Data 3Vs Volume Velocity Variety Data at scale Teradbytes to Petabytes “facebook 25TB of data daily” The speed at which new data is generated “500 million tweets daily” Data is usually in various formats, structure and unstructured Audio file ,Video file “Text messages , location coordinates ..etc”
  • 12. Traditional data vs Big Data Traditional Data • Control on data creation • Manageable volume • Structured ,RDBMS is the right tool • Query Language can be used Big Data • Uncontrolled creation of data • Very large volumes • Unstructured, need different tool to manage • Query language cannot be used
  • 13. Where does these data go ? Big Data Repository Data Processing Business Analytics Software Actionable Data Demand Forecasting Inventory Forecasting Trend Forecasting Dynamic Pricing Planning Product Promotion Timely Offers
  • 14. How does big data works Identifies the Prospect via Smartphone Etc. Feeds the Profile of Prospect into Real-Time Expert System Big Data Repository Analysis Processing
  • 15. 25% off on bundle book purchase New book Arrived on author “X” Gift Coupon On birthday 35% off on Pre-Holiday Season
  • 16. How to Process the data for Retailer?
  • 17. “ The worst form of inequality is to try to make unequal things equal ” Aristotle
  • 18.
  • 19. Customer segmentation is the practice of classifying your customer base into distinct groups. This separation of customers into unique groups is often based on multidimensional customer information such as; observed customer purchase and product usage behavior, demographic and lifestage characteristics, or even self-reported product / service preferences, needs and attitudes Definition and Application Source: IKNOWTION
  • 20. Predictive modeling is the practice of forecasting future customer behaviors and propensities and assigning a score or ranking to each customer that depicts their anticipated actions. As is the case in segmentation, multi-dimensional customer information is leveraged to identify and isolate customer characteristics that are highly correlated with targeted outcomes. Definition and Application Source: IKNOWTION
  • 21. This Lead to…… Retain Customers ..make them Loyal Better marketing effectiveness Having the right assortment Better Inventory Optimization Maximize the Sales Maximize the Profit Fraud detection
  • 22. Big Data is an IT Decision A Business Decision

Hinweis der Redaktion

  1. If its an opportunity .. What is it ?