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Aligning Information Insights
with the Speed of Business
• Cognizant 20-20 Insights
Executive Summary
It is easy to find information sources that
address the accelerated pace of business in the
modern workplace or the speed at which good
or bad news becomes common knowledge. For
businesses that deliver such information, though,
the challenges are daunting. Moreover, until such
providers determine a strategy for delivering this
information in a way that aligns their efforts with
the accelerated pace of business, their strategic
value will continually come into question.
Without aligning information delivery (publica-
tion) with insight extraction (consumption) from
the ever growing volume of information, the
well-orchestrated vehicles used for information
insight will be unavailable when time-sensitive or
non-operational information needs arise.
This white paper covers the technologies,
processes and organizational alignment needed
to help organizations ensure the viability of
information used to facilitate insights, especially
in light of an accelerated business climate. The
shattering of communication cost barriers (which
are approaching near-zero) and the notion that
real-time collaboration is critical to business
success have made it imperative for organiza-
tions to quickly identify, ingest and interpret
regularly occurring operational data (as well as
data available from other sources) and deliver it
in a form that can be rapidly acted upon.
Key topics covered include:
•	Industry trends that enable a shift to an accel-
erated insight facilitation environment.
•	Implications of and insights into speeding the
publication of information.
•	Implications of and insights into accelerating
the facilitation of gaining insight and taking
action.
•	The concept of an early warning system.
•	Making information trustworthy.
•	The levers, or controls, and associated informa-
tion available to steer an enterprise.
•	The roadmap to enable this vision.
Getting Your Data House in Order
For the purpose of this white paper, the alignment
of information insight is defined as a four-part
process (see Figure 1, next page):
•	“See it:” Identifying a strategic misalignment,
opportunity or risk mitigation event that
requires action.
>> This should occur within the context of a
concept of business levers, or actions that
can be taken that will, if properly executed
and welcomed by the marketplace as in-
tended, steer the enterprise toward the in-
tended outcomes.
•	“Own it:” Registering an opportunity and
assigning action items that, if executed in the
cognizant 20-20 insights | july 2013
prescribed timeframe and resulting in the
intended market influence, lead to the intended
outcome.
•	“Solve it:” Determining the business levers
available for influencing outcomes, as well as
the appropriate actions for accomplishing the
following:
>> Identifying the pertinent information for a
particular strategy or event.
>> Deriving hypotheses about the actions that
would influence the particular strategy or
event.
>> Testing the hypotheses to expose the
appropriate business levers that will result
in the intended outcomes.
•	“Fix it:” Creating and communicating an action
plan and ensuring its timely execution. This
includes the following activities:
>> Orchestrating execution of the action plan.
>> Monitoring the results of the action plan.
>> Fine-tuning the plan to ensure the intended
results.
Of course, this is all happening at a continually
accelerating pace of business and in a world where
good and bad news circumnavigates the globe in
a continually shortening timeframe. In this envi-
ronment, busines stakeholders have many more
potential opportunities to derive and execute
actions. Another factor is the much larger pool
of information that must be plumbed to identify
the nuggets of information that could produce
insights pertinent to a particular business oppor-
tunity.
The goal of aligning information insight with the
speed of business means addressing three major
themes:
•	Adopting a framework to more quickly
deliver trustworthy, relevant and actionable
information to business stakeholders. While
there are tools and technologies available
to facilitate faster information delivery to
business stakeholders, tools will only help with
part of this journey. The rest of the information
delivery job — which consumes about 70% of
the effort involved — includes addressing the
complex processes used to synthesize informa-
tion into the confines of a well-devised informa-
tion model; the sheer onslaught of accelerating
information volumes; the added complexities
of introducing new data formats into the infor-
mation model; and the number of sources that
need synthesis into the information model.
•	Enabling business stakeholders to more
quickly “see it/own it/solve it/fix it.” Improv-
ing the process of gaining insight into data that
supports action requires borrowing concepts
and techniques from Google, Amazon, Wikipe-
dia and Apple.
•	Creating a process to ensure that the
information published is trustworthy and
that business stakeholders are comfort-
able making decisions with the information
without first validating it. Today, a large
number of business stakeholders are creating
personal pools of data that have been scruti-
nized for alignment with the processes to which
they are accountable and validated as relevant
and accurate. These pools of data are created
because the stakeholders are not convinced
they could get what they need, when they need
it, from the sanctioned facilities available to
them. Processes are needed to change the way
information is delivered to business stakehold-
ers so they no longer find it necessary to create
their own mini information stores.
The Winds of Change
Numerous business and technology trends are
converging to improve organizations’ ability to
accelerate their decision-making processes in
light of the ever-deepening deluge of information
and ever-growing sources of information.1
cognizant 20-20 insights 2
Aligning Information Insights
Solve It
Own It
See It
Information-
Based
Insight
Fix It
Figure 1
cognizant 20-20 insights 3
Business Trends
The world is changing, and barriers have fallen,
as advances in the global communication infra-
structure facilitate both intended and unintended
information to be the source of the next opportu-
nity to capture, extend or create value. Managing
risk has been elevated as a priority in many orga-
nizations. In reality, both opportunity and risk
are equally present in organizations, and in fact,
some opportunities can be exposed just as easily
as risks. The value model illustrated in Figure 2
shows how information can be used to capitalize
on opportunities and overcome risks.
Technology Trends
Big data tools and techniques are changing the
paradigm for storing information more effective-
ly. The concept of big data considers much more
than just billions of rows of data and assumes that
SQL is not ideal for accessing data. Data can be
manifested as:
•	A large number of rows (i.e., billions of rows).
•	A variety of formats (i.e., social media,
streaming newswires, blogs, map coordinates,
images, videos).
•	A large number of columns (i.e., thousands of
tables).
•	A large number of sources (i.e., database tables
and hundreds of spreadsheets).
•	Post-discovery methods — or de-coupling the
information access model from the deployed
storage and transformation models — as repre-
sented by:
>> Data wikis, or data publication methods,
that use the Wikipedia concept (ordered
pair logic) to access information.
>> Virtual warehouses, or a business rules-
driven architecture, that displace the in-
tensive effort of transforming data to align
with an information model.
>> In-memory models, which use large
amounts of memory to negate the need
for segregating information into databases
designed for transactional vs. analytic pur-
poses.
•	Acquisition of an industry-aligned, pre-built
information model. While not limited to
massively parallel processor (MPP) or appliance
solutions, information models are becoming
more prevalent.
•	Configurable cloud-based multi-tenant
solutions.
Overcoming Risks, Capitalizing on Opportunities
Catastrophe Non-Sustainable Opportunities
Communicated Problem Transitive Opportunity
Sustainable Opportunities
Verified Operational Risk Transitive Opportunity
Potential Operational Risk
Triage Competitive Pursuit
Risk Mitigation Opportunistic Pursuit
Information
Potential
competitively
lost value
Competitive and
internal disruptions
Potentially
captured value
Potentially extended
and created value
Figure 2
cognizant 20-20 insights 4
Process and Organizational Trends
•	The support of self-service, through the pub-
lication of an online catalog that applies the
principles introduced by Google, Wikipedia,
Amazon and Apple.
•	A shift of focus from a delivery-centric
approach to supporting enterprise information
management, to a more consultative approach.
•	Metadata syndication strategies that expose
active metadata, or hot links, to reports and
analyses, no matter where they are physically
stored or what technology is employed to
display the results of reports and analyses.
This unified interface will be rich with business
metadata not normally captured in current-day
tools, such as information lineage, business
rules and information suitability tips.
R&D Trends
Developments in technology and science will
continue producing solutions to today’s problems.
For instance, DNA-based data storage has already
been demonstrated twice, offering the potential
to store over 450 exabytes per one gram of sin-
gle-stranded DNA.2
The first “quantum” computer
has already been purchased by Lockheed, with a
collaborative investment made by NASA, Google
and the Universities Space Research Association
(URSA) to buy the second. Still several years to
decades away from entering the mainstream,
these solutions — and related breakthroughs —
will spur the need for new models of information
management.
Accelerating the Publication
of Information
The time-tested method of developing an all-
encompassing enterprise information model
has proved to be a roadblock to accelerating the
publication of information, as required in the
modern business environment. Many organiza-
tions struggle to balance corporate authority
with divisional autonomy. For example, some are
rapidly recognizing that some information that
is pertinent to organizational units is of no con-
sequence to the entire enterprise (i.e., country-
specific regulatory supporting information) or
is too difficult to abstract into a comprehensive
enterprise information model. It simply takes
too long to write code or scripts to transform
source feeds into a format required by enterprise
information models or to modify the underlying
foundation as new requirements are synthesized
into new data structures.
Since it is generally recognized that extraction,
transform and load (ETL) processes typically
take 70% or more of the overall data warehouse
creation effort, one of the areas that will
accelerate information publica-
tion is the reduction of time and
effort required to transform it
into the format expected by the
information model.
Several alternative methods are
available to circumvent the time
required to publish information.
Most enterprises will find themselves entertain-
ing all of them and picking the portfolio of tools
and techniques that are least invasive and the
best fit for their culture.
The methods most often discussed include:
•	Decoupling of the enterprise data model to
reduce the information modeling complexities
associated with abstracting business-specific
requirements. This enables all businesses
contained in the enterprise to be housed under
one enterprise information model. The often
confusing and ill-fated “data dump” occurs
when time constraints overshadow the dis-
ciplines required to collect information into a
single enterprise model.
•	The technologies and techniques that fall
under the umbrella of big data. Big data
includes several evolving technologies that
require significant study to understand the
next paradigm shift in information publica-
tion techniques. These technologies assume
problems exist that either cannot be solved
or are cost- and time-prohibitive to solve with
query-based solutions. Deployment of these
technologies is less mature than their more
traditional counterparts, and companies that
embark on this effort should expect more
extensive coding efforts than are typically
required when using ETL techniques. Moreover,
few examples are available to illustrate the
most appropriate fit for such technologies,
which results in the need for an expert-led
implementation.
•	The collection of technologies and tech-
niques that fall under the virtual ware-
house umbrella. Segregated into two camps,
these technologies include rules-based query
engines (such as Red Hat, PolarLake and Com-
posite Software) and object pair-based query
engines (such as Cambridge Semantics and
Many organizations
struggle to balance
corporate authority
with divisional
autonomy.
cognizant 20-20 insights 5
Revelytics). The solution sets for these two
camps of technologies are very different from
each other, which requires some explanation.
•	In-memory solutions beginning to emerge
from enterprise resource planning (ERP),
MPP and data warehouse appliance vendors.
The in-memory collection of solutions that
start from the premise that memory is cheap
and time is scarce, is no longer relevant.
Information to be published will originate from
an extended number of sources, all focused on
extracting, originating and capturing value (see
Figure 3, next page). These data sources include:
•	The traditional, largely introspective sources
generated by an organization. This pool of
acquired and created knowledge is internally
sourced or transformed from internal and
external sources through internally controlled
processes.
•	Learned inferences, or inferences that are
obtained from information sources, informal
networks and other sources that may or may
not be synthesized using internally controlled
processes.
•	Heard inferences, or inferences that are
heard from informal sources, such as news
media, social networks, networking groups and
telephone conversations.
•	Innovation, which is normally information that
is potentially disruptive and generally not yet
formally synthesized with controlled internal
sources.
Accelerating the Extraction
of Insight from Information
Some of the most difficult components of facili-
tating data-driven insight at the accelerated
speed of business are the facilities made available
to business stewards to obtain the just-in-time
information needed to pursue a business oppor-
tunity or resolve a crisis. Organizations need to
ensure they continually focus on information
that is critical for action so that a strategy can be
derived, communicated and acted upon in time to
matter in the marketplace.
A prerequisite to accelerating the extraction of
insight from information is defining the entry
points into the information as anything that could
be used to enhance, extract, capture or create
value. While information is rapidly becoming
more available for decision-making, the entry
points into this onslaught of information are fairly
consistent (see Figure 4, next page) and can be
used to:
•	Define enterprise strategies.
•	Diffuse disruptive events.
•	Manage operational risks.
•	Enhance sustainable value.
Information available as entry points from
internal (rarely) and external (mostly) sources will
typically be obtained directly from process touch-
points or derived from activities with:
•	Customers and prospective customers.
•	Markets.
Information’s Mulitidimensional Value Chain
Relevant
Acquired &
Created Knowledge
Actionable
Trustworthy
Focused
Just-in-
Time
Learned
Inference
MarketsCustomers
Regulatory
Disruptions
Capabilities
Risks
Investors
Channels Value
Chain Expected
Outcomes
Originated
Value
Extracted
Value
Heard
Inference
Captured Value
Innovation
Value
Action
Captured
Value Stream
Captured
Transaction
Insight
Data
Figure 3
cognizant 20-20 insights 6
•	Competitors.
•	Media.
•	Regulators.
•	Financiers, or funding sources.
•	Geographies.
Levers that are available and can influence
enterprise strategies, disruptive events, risks and
sustainable value include:
•	Alterations to services to participants in the
value chain.
•	Changes in capabilities (innovations, technical
capabilities) and barriers.
•	Changes to processes.
•	Business disruptions or strategies that create
disruption.
•	Changes to funding characteristics.
•	Changes to product characteristics.
The information used for gleaning insight must be
accessible in such a way that business stakehold-
ers can quickly find what they need.
The Early Warning System
The concept of an early warning system is not new;
it is an outcrop of business activity monitoring
(BAM) systems and is detailed in the management
book, Competing on Analytics.3
To be effective,
an early warning system must deliver prioritized,
triggered events to enterprise shepherds in a way
that enables them to quickly follow the “see it/
own it/solve it/fix it” process.
What is new with early warning systems is the
fact that internally generated data is introspec-
tive, and that events of consequence in this highly
communicative world are rarely identifiable from
internal systems in time to matter. Information
for early warning systems will come from less
structured information and normally in the form
of streaming text. A variety of systems exist that
synthesize insights from streaming sources of
information, and these can be used to inform an
early warning system. Examples include Textual
ETL, ICUC Moderation Services, Sprout Social,
SocialMatica and a host of other companies.
Interest in in-memory databases (VoltDB,
GemFire, TimesTen, ParStream, HANA and others)
is increasing, due to their ability to consume
large amounts of information and apply various
techniques to determine whether the information
contains anything of interest.
Learning from Google, Amazon,
Apple and Wikipedia
Most users require little explanation to master
tools such as Google and Wikipedia. Google is
known for providing a very friendly interface to
A Cacophony of Entry Points
Colla
boration Actio
ns
Reg
ulators
Value
Ch
ain
People
Innovation Process
Capabilities
Technolo
gy
Metri
cs
Product
EEEEEE
NN
AAAAAAA BBBB LLLL EEEEEE RR
SSSSSS
Managing
Operational
Risk
Customers
Financing
Media Competitors
GeographiesMarkets
Focused
Information
Enhancing
Sustainable
Value
Diffusing
Disruptive
Events
Defining
Enterprise
Strategies
Figure 4
cognizant 20-20 insights 7
massive volumes of information, with no training
required. And Wikipedia provides a simple-to-use,
point-and-click, encyclopedia-style interface to
data, again with no training required.
Meanwhile, Amazon provides a simple interface
to search for anything that is indexed but also
links references to anything within the long tail of
similar information that may also be of interest.
And with its Genius interface to music, Apple
provides a way to find information that is similar
to what was accessed, based on a profile built on
listening or usage patterns.
The interface that business stakeholders will
rapidly accept will adopt the best attributes
of all four models: a simple-to-use interface to
information that requires no training (Google),
a graphically navigable interface to information
(Wikipedia), links to other information templates
that would be of interest (Amazon) and links
to templates that could be of interest based on
usage patterns (Apple).
Support for this new interface changes drastical-
ly to one that embraces self-service. Those who
make a living of supporting the insights required
by the business community in the decision-
making process will be engaged with the business
community in more of a consultative role rather
than one focused on delivery.
Making Information Trustworthy
The first part of the journey on which business
stakeholders embark is finding the appropri-
ate information required to derive insight. The
second part of the journey is to derive strategies
and action plans based on the insight. Too often,
there is an interim step added to the journey,
which validates that the right information has
been accessed and that it is accurate enough
to support important endeavors. Validating the
accuracy and relevance of information can delay
a company from taking action, thereby increasing
the risk of hitting the market too late to matter.
Data governance is concerned with five issues:
•	Information is correctly portrayed to those
planning to use it. This is normally solved with
a sufficiently intuitive metadata solution that
business stakeholders can use without training,
similar to the user experience of a Google- or
Wikipedia-based environment.
•	The source of information has a high degree
of accuracy. Data source quality remedia-
tion opportunities are normally addressed
by reviewing and remediating any source
issues. Concepts such as baseline profiling,
or comparing incoming source data with a
baseline to test reasonability, are gaining a
foothold in the marketplace.
The Information Management Process
Business Consumers
of Information
Information Central Team
Information Central Team
Information
Central Team
Enterprise
Architectural Vision
Information Central
Wiki Browse
+
Search
Catalog
Experts Central
Communications
Central
Oversight
Publish Governance
Metrics
Information Central Team
SDLC/
Information
Central
Interface
Promotes Tools,
Templates and
Assets
Consultative
Request
Catalog
Management
Self-Served
Request
Business Consumers
of Information
Figure 5
cognizant 20-20 insights 8
Figure 6
An Information Action Plan
Customer
Action
Lever
Information
Category
Constraint
Metric
Risk
Value
Propostion
Data Levers
Information
Source
Measure
Touchpoint
(process)
Capability Market Regulation Financing
•	The lineage of information does not introduce
unintended consequences that impede data
quality. Too often, the transformation of infor-
mation introduces confusion and ambiguity to
the creation of action plans.
•	Efforts to elevate the trustworthiness of
information do not get derailed because of
a “boil the ocean” approach to governance.
When governance initiatives require excessive
amounts of time from business leaders, whose
primary role is to capture, extend and create
value for the enterprise, the efforts to elevate
the trustworthiness of information are at risk
of being derailed.
•	The lineage of information is exposed when
needed. This facilitates a high degree of
comfort in understanding how information
was derived. Data lineage, as seen through
metadata, tracks the lifecycle between systems
and touchpoints.
Successful governance depends on gaining clarity
around which issues really need to be solved
and reaching a common understanding of which
governance initiatives should take precedence,
based on which data stands in the way of gaining
incremental enterprise value. Also important is
communicating that the investment required for
governance is significantly smaller than the incre-
mental enterprise value it enables.
Roadmap to the End State
The end state illustrated in this document is
nothing less than transformational for those
enlisted to facilitate the processes used to gain
insight from information. While new technologies
are involved to reach this end state, the effort
to create a more responsive and resilient envi-
ronment for the insight facilitation process will
require numerous changes, including:
•	Altering the processes employed to publish
information.
•	Employing processes to ensure information
trustworthiness.
•	Making facilities available to allow business
stakeholders to find and ingest required infor-
mation and transform it into actionable insight.
All of this must be done much more rapidly than is
possible with commonly employed techniques. It
is also certain that the deluge of information made
available to enterprise stewards as the source to
“see it/own it/solve it/fix it” will continue to grow
exponentially, and that already taxed processes
will become less effective if not addressed.
The business information model represents the
organization of information for quick identifica-
tion of the levers that will be used to help create
action plans based on strategies and market
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process out-
sourcing services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in
Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry
and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50
delivery centers worldwide and approximately 162,700 employees as of March 31, 2013, Cognizant is a member of the
NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing
and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
World Headquarters
500 Frank W. Burr Blvd.
Teaneck, NJ 07666 USA
Phone: +1 201 801 0233
Fax: +1 201 801 0243
Toll Free: +1 888 937 3277
Email: inquiry@cognizant.com
European Headquarters
1 Kingdom Street
Paddington Central
London W2 6BD
Phone: +44 (0) 20 7297 7600
Fax: +44 (0) 20 7121 0102
Email: infouk@cognizant.com
India Operations Headquarters
#5/535, Old Mahabalipuram Road
Okkiyam Pettai, Thoraipakkam
Chennai, 600 096 India
Phone: +91 (0) 44 4209 6000
Fax: +91 (0) 44 4209 6060
Email: inquiryindia@cognizant.com
­­© Copyright 2013, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any
means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is
subject to change without notice. All other trademarks mentioned herein are the property of their respective owners.
Footnotes
1 	
Mark Albala, “Surviving the Petabyte Age: A Practitioner’s Guide,”
Cognizant Technology Solutions, December 2011,
http://www.cognizant.com/InsightsWhitepapers/Surviving-the-Petabyte-Age-A-Practitioners-Guide.pdf.
2	
Nick Goldman, “Towards practical, high-capacity, low-maintenance information storage in synthesized
DNA,” Nature, January 2013.
3 	
Thomas H. Davenport and Jeanne G. Harris, Competing on Analytics, Harvard Business School Publishing,
2006.
About the Author
Mark Albala is the Service Line Lead within the Enterprise Information Management Practice of Cogni-
zant’s Data On-Demand Service Line, a series of services and products that support the effectiveness and
efficiency of managing information. A graduate of Syracuse University, Mark has held senior consulting,
thought leadership, advanced technical and business development roles for organizations focused
on the disciplines of business intelligence, governance and data warehousing. He can be reached at
Mark.Albala@cognizant.com.
events (see Figure 6). Appropriate business model
mapping should consider the following items:
•	The key business intents of the organiza-
tion. Key business intent will be organized into
potential action levers, each associated with
the components of a business information
model. Finally, each action lever will be cat-
egorized into metrics, and each metric will be
associated with data levers.
•	Navigation of information available to
business stakeholders by action levers. Also
important is the validation of their action plans
based on the data levers, or metrics, constraints
and risks associated with each potential action
they could consider.
Many lessons can be learned from organiza-
tions with proven success in making informa-
tion available at all times, in ways that require
no special knowledge or skills (Google, Amazon,
Apple, Wikipedia). The presentation of infor-
mation should be indexed by the action levers
available to steer the enterprise, such as available
value-based actions tied to customer, capability,
market, regulatory and financing opportunity
or risk. Additionally, information presentation
should be supported by the available data levers,
including metrics, constraints, risks (as repre-
sented in process touchpoints), measures in
data warehouses and information sources made
available for insight facilitation.

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Aligning Information Insights with the Speed of Business

  • 1. Aligning Information Insights with the Speed of Business • Cognizant 20-20 Insights Executive Summary It is easy to find information sources that address the accelerated pace of business in the modern workplace or the speed at which good or bad news becomes common knowledge. For businesses that deliver such information, though, the challenges are daunting. Moreover, until such providers determine a strategy for delivering this information in a way that aligns their efforts with the accelerated pace of business, their strategic value will continually come into question. Without aligning information delivery (publica- tion) with insight extraction (consumption) from the ever growing volume of information, the well-orchestrated vehicles used for information insight will be unavailable when time-sensitive or non-operational information needs arise. This white paper covers the technologies, processes and organizational alignment needed to help organizations ensure the viability of information used to facilitate insights, especially in light of an accelerated business climate. The shattering of communication cost barriers (which are approaching near-zero) and the notion that real-time collaboration is critical to business success have made it imperative for organiza- tions to quickly identify, ingest and interpret regularly occurring operational data (as well as data available from other sources) and deliver it in a form that can be rapidly acted upon. Key topics covered include: • Industry trends that enable a shift to an accel- erated insight facilitation environment. • Implications of and insights into speeding the publication of information. • Implications of and insights into accelerating the facilitation of gaining insight and taking action. • The concept of an early warning system. • Making information trustworthy. • The levers, or controls, and associated informa- tion available to steer an enterprise. • The roadmap to enable this vision. Getting Your Data House in Order For the purpose of this white paper, the alignment of information insight is defined as a four-part process (see Figure 1, next page): • “See it:” Identifying a strategic misalignment, opportunity or risk mitigation event that requires action. >> This should occur within the context of a concept of business levers, or actions that can be taken that will, if properly executed and welcomed by the marketplace as in- tended, steer the enterprise toward the in- tended outcomes. • “Own it:” Registering an opportunity and assigning action items that, if executed in the cognizant 20-20 insights | july 2013
  • 2. prescribed timeframe and resulting in the intended market influence, lead to the intended outcome. • “Solve it:” Determining the business levers available for influencing outcomes, as well as the appropriate actions for accomplishing the following: >> Identifying the pertinent information for a particular strategy or event. >> Deriving hypotheses about the actions that would influence the particular strategy or event. >> Testing the hypotheses to expose the appropriate business levers that will result in the intended outcomes. • “Fix it:” Creating and communicating an action plan and ensuring its timely execution. This includes the following activities: >> Orchestrating execution of the action plan. >> Monitoring the results of the action plan. >> Fine-tuning the plan to ensure the intended results. Of course, this is all happening at a continually accelerating pace of business and in a world where good and bad news circumnavigates the globe in a continually shortening timeframe. In this envi- ronment, busines stakeholders have many more potential opportunities to derive and execute actions. Another factor is the much larger pool of information that must be plumbed to identify the nuggets of information that could produce insights pertinent to a particular business oppor- tunity. The goal of aligning information insight with the speed of business means addressing three major themes: • Adopting a framework to more quickly deliver trustworthy, relevant and actionable information to business stakeholders. While there are tools and technologies available to facilitate faster information delivery to business stakeholders, tools will only help with part of this journey. The rest of the information delivery job — which consumes about 70% of the effort involved — includes addressing the complex processes used to synthesize informa- tion into the confines of a well-devised informa- tion model; the sheer onslaught of accelerating information volumes; the added complexities of introducing new data formats into the infor- mation model; and the number of sources that need synthesis into the information model. • Enabling business stakeholders to more quickly “see it/own it/solve it/fix it.” Improv- ing the process of gaining insight into data that supports action requires borrowing concepts and techniques from Google, Amazon, Wikipe- dia and Apple. • Creating a process to ensure that the information published is trustworthy and that business stakeholders are comfort- able making decisions with the information without first validating it. Today, a large number of business stakeholders are creating personal pools of data that have been scruti- nized for alignment with the processes to which they are accountable and validated as relevant and accurate. These pools of data are created because the stakeholders are not convinced they could get what they need, when they need it, from the sanctioned facilities available to them. Processes are needed to change the way information is delivered to business stakehold- ers so they no longer find it necessary to create their own mini information stores. The Winds of Change Numerous business and technology trends are converging to improve organizations’ ability to accelerate their decision-making processes in light of the ever-deepening deluge of information and ever-growing sources of information.1 cognizant 20-20 insights 2 Aligning Information Insights Solve It Own It See It Information- Based Insight Fix It Figure 1
  • 3. cognizant 20-20 insights 3 Business Trends The world is changing, and barriers have fallen, as advances in the global communication infra- structure facilitate both intended and unintended information to be the source of the next opportu- nity to capture, extend or create value. Managing risk has been elevated as a priority in many orga- nizations. In reality, both opportunity and risk are equally present in organizations, and in fact, some opportunities can be exposed just as easily as risks. The value model illustrated in Figure 2 shows how information can be used to capitalize on opportunities and overcome risks. Technology Trends Big data tools and techniques are changing the paradigm for storing information more effective- ly. The concept of big data considers much more than just billions of rows of data and assumes that SQL is not ideal for accessing data. Data can be manifested as: • A large number of rows (i.e., billions of rows). • A variety of formats (i.e., social media, streaming newswires, blogs, map coordinates, images, videos). • A large number of columns (i.e., thousands of tables). • A large number of sources (i.e., database tables and hundreds of spreadsheets). • Post-discovery methods — or de-coupling the information access model from the deployed storage and transformation models — as repre- sented by: >> Data wikis, or data publication methods, that use the Wikipedia concept (ordered pair logic) to access information. >> Virtual warehouses, or a business rules- driven architecture, that displace the in- tensive effort of transforming data to align with an information model. >> In-memory models, which use large amounts of memory to negate the need for segregating information into databases designed for transactional vs. analytic pur- poses. • Acquisition of an industry-aligned, pre-built information model. While not limited to massively parallel processor (MPP) or appliance solutions, information models are becoming more prevalent. • Configurable cloud-based multi-tenant solutions. Overcoming Risks, Capitalizing on Opportunities Catastrophe Non-Sustainable Opportunities Communicated Problem Transitive Opportunity Sustainable Opportunities Verified Operational Risk Transitive Opportunity Potential Operational Risk Triage Competitive Pursuit Risk Mitigation Opportunistic Pursuit Information Potential competitively lost value Competitive and internal disruptions Potentially captured value Potentially extended and created value Figure 2
  • 4. cognizant 20-20 insights 4 Process and Organizational Trends • The support of self-service, through the pub- lication of an online catalog that applies the principles introduced by Google, Wikipedia, Amazon and Apple. • A shift of focus from a delivery-centric approach to supporting enterprise information management, to a more consultative approach. • Metadata syndication strategies that expose active metadata, or hot links, to reports and analyses, no matter where they are physically stored or what technology is employed to display the results of reports and analyses. This unified interface will be rich with business metadata not normally captured in current-day tools, such as information lineage, business rules and information suitability tips. R&D Trends Developments in technology and science will continue producing solutions to today’s problems. For instance, DNA-based data storage has already been demonstrated twice, offering the potential to store over 450 exabytes per one gram of sin- gle-stranded DNA.2 The first “quantum” computer has already been purchased by Lockheed, with a collaborative investment made by NASA, Google and the Universities Space Research Association (URSA) to buy the second. Still several years to decades away from entering the mainstream, these solutions — and related breakthroughs — will spur the need for new models of information management. Accelerating the Publication of Information The time-tested method of developing an all- encompassing enterprise information model has proved to be a roadblock to accelerating the publication of information, as required in the modern business environment. Many organiza- tions struggle to balance corporate authority with divisional autonomy. For example, some are rapidly recognizing that some information that is pertinent to organizational units is of no con- sequence to the entire enterprise (i.e., country- specific regulatory supporting information) or is too difficult to abstract into a comprehensive enterprise information model. It simply takes too long to write code or scripts to transform source feeds into a format required by enterprise information models or to modify the underlying foundation as new requirements are synthesized into new data structures. Since it is generally recognized that extraction, transform and load (ETL) processes typically take 70% or more of the overall data warehouse creation effort, one of the areas that will accelerate information publica- tion is the reduction of time and effort required to transform it into the format expected by the information model. Several alternative methods are available to circumvent the time required to publish information. Most enterprises will find themselves entertain- ing all of them and picking the portfolio of tools and techniques that are least invasive and the best fit for their culture. The methods most often discussed include: • Decoupling of the enterprise data model to reduce the information modeling complexities associated with abstracting business-specific requirements. This enables all businesses contained in the enterprise to be housed under one enterprise information model. The often confusing and ill-fated “data dump” occurs when time constraints overshadow the dis- ciplines required to collect information into a single enterprise model. • The technologies and techniques that fall under the umbrella of big data. Big data includes several evolving technologies that require significant study to understand the next paradigm shift in information publica- tion techniques. These technologies assume problems exist that either cannot be solved or are cost- and time-prohibitive to solve with query-based solutions. Deployment of these technologies is less mature than their more traditional counterparts, and companies that embark on this effort should expect more extensive coding efforts than are typically required when using ETL techniques. Moreover, few examples are available to illustrate the most appropriate fit for such technologies, which results in the need for an expert-led implementation. • The collection of technologies and tech- niques that fall under the virtual ware- house umbrella. Segregated into two camps, these technologies include rules-based query engines (such as Red Hat, PolarLake and Com- posite Software) and object pair-based query engines (such as Cambridge Semantics and Many organizations struggle to balance corporate authority with divisional autonomy.
  • 5. cognizant 20-20 insights 5 Revelytics). The solution sets for these two camps of technologies are very different from each other, which requires some explanation. • In-memory solutions beginning to emerge from enterprise resource planning (ERP), MPP and data warehouse appliance vendors. The in-memory collection of solutions that start from the premise that memory is cheap and time is scarce, is no longer relevant. Information to be published will originate from an extended number of sources, all focused on extracting, originating and capturing value (see Figure 3, next page). These data sources include: • The traditional, largely introspective sources generated by an organization. This pool of acquired and created knowledge is internally sourced or transformed from internal and external sources through internally controlled processes. • Learned inferences, or inferences that are obtained from information sources, informal networks and other sources that may or may not be synthesized using internally controlled processes. • Heard inferences, or inferences that are heard from informal sources, such as news media, social networks, networking groups and telephone conversations. • Innovation, which is normally information that is potentially disruptive and generally not yet formally synthesized with controlled internal sources. Accelerating the Extraction of Insight from Information Some of the most difficult components of facili- tating data-driven insight at the accelerated speed of business are the facilities made available to business stewards to obtain the just-in-time information needed to pursue a business oppor- tunity or resolve a crisis. Organizations need to ensure they continually focus on information that is critical for action so that a strategy can be derived, communicated and acted upon in time to matter in the marketplace. A prerequisite to accelerating the extraction of insight from information is defining the entry points into the information as anything that could be used to enhance, extract, capture or create value. While information is rapidly becoming more available for decision-making, the entry points into this onslaught of information are fairly consistent (see Figure 4, next page) and can be used to: • Define enterprise strategies. • Diffuse disruptive events. • Manage operational risks. • Enhance sustainable value. Information available as entry points from internal (rarely) and external (mostly) sources will typically be obtained directly from process touch- points or derived from activities with: • Customers and prospective customers. • Markets. Information’s Mulitidimensional Value Chain Relevant Acquired & Created Knowledge Actionable Trustworthy Focused Just-in- Time Learned Inference MarketsCustomers Regulatory Disruptions Capabilities Risks Investors Channels Value Chain Expected Outcomes Originated Value Extracted Value Heard Inference Captured Value Innovation Value Action Captured Value Stream Captured Transaction Insight Data Figure 3
  • 6. cognizant 20-20 insights 6 • Competitors. • Media. • Regulators. • Financiers, or funding sources. • Geographies. Levers that are available and can influence enterprise strategies, disruptive events, risks and sustainable value include: • Alterations to services to participants in the value chain. • Changes in capabilities (innovations, technical capabilities) and barriers. • Changes to processes. • Business disruptions or strategies that create disruption. • Changes to funding characteristics. • Changes to product characteristics. The information used for gleaning insight must be accessible in such a way that business stakehold- ers can quickly find what they need. The Early Warning System The concept of an early warning system is not new; it is an outcrop of business activity monitoring (BAM) systems and is detailed in the management book, Competing on Analytics.3 To be effective, an early warning system must deliver prioritized, triggered events to enterprise shepherds in a way that enables them to quickly follow the “see it/ own it/solve it/fix it” process. What is new with early warning systems is the fact that internally generated data is introspec- tive, and that events of consequence in this highly communicative world are rarely identifiable from internal systems in time to matter. Information for early warning systems will come from less structured information and normally in the form of streaming text. A variety of systems exist that synthesize insights from streaming sources of information, and these can be used to inform an early warning system. Examples include Textual ETL, ICUC Moderation Services, Sprout Social, SocialMatica and a host of other companies. Interest in in-memory databases (VoltDB, GemFire, TimesTen, ParStream, HANA and others) is increasing, due to their ability to consume large amounts of information and apply various techniques to determine whether the information contains anything of interest. Learning from Google, Amazon, Apple and Wikipedia Most users require little explanation to master tools such as Google and Wikipedia. Google is known for providing a very friendly interface to A Cacophony of Entry Points Colla boration Actio ns Reg ulators Value Ch ain People Innovation Process Capabilities Technolo gy Metri cs Product EEEEEE NN AAAAAAA BBBB LLLL EEEEEE RR SSSSSS Managing Operational Risk Customers Financing Media Competitors GeographiesMarkets Focused Information Enhancing Sustainable Value Diffusing Disruptive Events Defining Enterprise Strategies Figure 4
  • 7. cognizant 20-20 insights 7 massive volumes of information, with no training required. And Wikipedia provides a simple-to-use, point-and-click, encyclopedia-style interface to data, again with no training required. Meanwhile, Amazon provides a simple interface to search for anything that is indexed but also links references to anything within the long tail of similar information that may also be of interest. And with its Genius interface to music, Apple provides a way to find information that is similar to what was accessed, based on a profile built on listening or usage patterns. The interface that business stakeholders will rapidly accept will adopt the best attributes of all four models: a simple-to-use interface to information that requires no training (Google), a graphically navigable interface to information (Wikipedia), links to other information templates that would be of interest (Amazon) and links to templates that could be of interest based on usage patterns (Apple). Support for this new interface changes drastical- ly to one that embraces self-service. Those who make a living of supporting the insights required by the business community in the decision- making process will be engaged with the business community in more of a consultative role rather than one focused on delivery. Making Information Trustworthy The first part of the journey on which business stakeholders embark is finding the appropri- ate information required to derive insight. The second part of the journey is to derive strategies and action plans based on the insight. Too often, there is an interim step added to the journey, which validates that the right information has been accessed and that it is accurate enough to support important endeavors. Validating the accuracy and relevance of information can delay a company from taking action, thereby increasing the risk of hitting the market too late to matter. Data governance is concerned with five issues: • Information is correctly portrayed to those planning to use it. This is normally solved with a sufficiently intuitive metadata solution that business stakeholders can use without training, similar to the user experience of a Google- or Wikipedia-based environment. • The source of information has a high degree of accuracy. Data source quality remedia- tion opportunities are normally addressed by reviewing and remediating any source issues. Concepts such as baseline profiling, or comparing incoming source data with a baseline to test reasonability, are gaining a foothold in the marketplace. The Information Management Process Business Consumers of Information Information Central Team Information Central Team Information Central Team Enterprise Architectural Vision Information Central Wiki Browse + Search Catalog Experts Central Communications Central Oversight Publish Governance Metrics Information Central Team SDLC/ Information Central Interface Promotes Tools, Templates and Assets Consultative Request Catalog Management Self-Served Request Business Consumers of Information Figure 5
  • 8. cognizant 20-20 insights 8 Figure 6 An Information Action Plan Customer Action Lever Information Category Constraint Metric Risk Value Propostion Data Levers Information Source Measure Touchpoint (process) Capability Market Regulation Financing • The lineage of information does not introduce unintended consequences that impede data quality. Too often, the transformation of infor- mation introduces confusion and ambiguity to the creation of action plans. • Efforts to elevate the trustworthiness of information do not get derailed because of a “boil the ocean” approach to governance. When governance initiatives require excessive amounts of time from business leaders, whose primary role is to capture, extend and create value for the enterprise, the efforts to elevate the trustworthiness of information are at risk of being derailed. • The lineage of information is exposed when needed. This facilitates a high degree of comfort in understanding how information was derived. Data lineage, as seen through metadata, tracks the lifecycle between systems and touchpoints. Successful governance depends on gaining clarity around which issues really need to be solved and reaching a common understanding of which governance initiatives should take precedence, based on which data stands in the way of gaining incremental enterprise value. Also important is communicating that the investment required for governance is significantly smaller than the incre- mental enterprise value it enables. Roadmap to the End State The end state illustrated in this document is nothing less than transformational for those enlisted to facilitate the processes used to gain insight from information. While new technologies are involved to reach this end state, the effort to create a more responsive and resilient envi- ronment for the insight facilitation process will require numerous changes, including: • Altering the processes employed to publish information. • Employing processes to ensure information trustworthiness. • Making facilities available to allow business stakeholders to find and ingest required infor- mation and transform it into actionable insight. All of this must be done much more rapidly than is possible with commonly employed techniques. It is also certain that the deluge of information made available to enterprise stewards as the source to “see it/own it/solve it/fix it” will continue to grow exponentially, and that already taxed processes will become less effective if not addressed. The business information model represents the organization of information for quick identifica- tion of the levers that will be used to help create action plans based on strategies and market
  • 9. About Cognizant Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process out- sourcing services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 162,700 employees as of March 31, 2013, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant. World Headquarters 500 Frank W. Burr Blvd. Teaneck, NJ 07666 USA Phone: +1 201 801 0233 Fax: +1 201 801 0243 Toll Free: +1 888 937 3277 Email: inquiry@cognizant.com European Headquarters 1 Kingdom Street Paddington Central London W2 6BD Phone: +44 (0) 20 7297 7600 Fax: +44 (0) 20 7121 0102 Email: infouk@cognizant.com India Operations Headquarters #5/535, Old Mahabalipuram Road Okkiyam Pettai, Thoraipakkam Chennai, 600 096 India Phone: +91 (0) 44 4209 6000 Fax: +91 (0) 44 4209 6060 Email: inquiryindia@cognizant.com ­­© Copyright 2013, Cognizant. All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective owners. Footnotes 1 Mark Albala, “Surviving the Petabyte Age: A Practitioner’s Guide,” Cognizant Technology Solutions, December 2011, http://www.cognizant.com/InsightsWhitepapers/Surviving-the-Petabyte-Age-A-Practitioners-Guide.pdf. 2 Nick Goldman, “Towards practical, high-capacity, low-maintenance information storage in synthesized DNA,” Nature, January 2013. 3 Thomas H. Davenport and Jeanne G. Harris, Competing on Analytics, Harvard Business School Publishing, 2006. About the Author Mark Albala is the Service Line Lead within the Enterprise Information Management Practice of Cogni- zant’s Data On-Demand Service Line, a series of services and products that support the effectiveness and efficiency of managing information. A graduate of Syracuse University, Mark has held senior consulting, thought leadership, advanced technical and business development roles for organizations focused on the disciplines of business intelligence, governance and data warehousing. He can be reached at Mark.Albala@cognizant.com. events (see Figure 6). Appropriate business model mapping should consider the following items: • The key business intents of the organiza- tion. Key business intent will be organized into potential action levers, each associated with the components of a business information model. Finally, each action lever will be cat- egorized into metrics, and each metric will be associated with data levers. • Navigation of information available to business stakeholders by action levers. Also important is the validation of their action plans based on the data levers, or metrics, constraints and risks associated with each potential action they could consider. Many lessons can be learned from organiza- tions with proven success in making informa- tion available at all times, in ways that require no special knowledge or skills (Google, Amazon, Apple, Wikipedia). The presentation of infor- mation should be indexed by the action levers available to steer the enterprise, such as available value-based actions tied to customer, capability, market, regulatory and financing opportunity or risk. Additionally, information presentation should be supported by the available data levers, including metrics, constraints, risks (as repre- sented in process touchpoints), measures in data warehouses and information sources made available for insight facilitation.