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Big Data, Watson & The Future of Sourcing
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Overview of where sourcing is headed and the power of harnessing Big Data.
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Big Data, Watson & The Future of Sourcing
1.
Big Data, Watson
& The Future of Sourcing Presented by Kevin Wheeler
2.
© copyright 2011,
Future of Talent Institute 2
3.
Big Data
Very large distributed aggregations of loosely structured data – often incomplete and inaccessible: Petabytes/exabytes of data, Millions/billions of people, Billions/trillions of records, Loosely-structured and often distributed data, Often made up of incomplete data, Often including connections between data elements that must be probabilistically inferred © copyright 2011, Future of Talent Institute 3
4.
Applications that involved Big-data can be: Transactional (e.g., Facebook, PhotoBox), or, Analytic (e.g., ClickFox, Merced Applications). © copyright 2011, Future of Talent Institute 4
5.
© copyright 2011,
Future of Talent Institute 5
6.
History & Future
of Search 2012-2025 NON-PREDICTIVE PREDICTIVE HUMAN ANALYSIS COMPUTER ANALYSIS © copyright 2011, Future of Talent Institute 6
7.
Semantic Search
Make sense of search results based on context. What this means is that the search engine — through natural language processing — will know whether you are looking for a car or a big cat when you search for “jaguar” © copyright 2011, Future of Talent Institute 7
8.
Sixth Sense Semantic
Search Supplied by Monster Uses crawlers that supports different protocols to pull information from various sources and index them at a centralized server. © copyright 2011, Future of Talent Institute 8
9.
© copyright 2011,
Future of Talent Institute 9
10.
© copyright 2011,
Future of Talent Institute 10
11.
© copyright 2011,
Future of Talent Institute 11
12.
New & Emerging
Frontiers
13.
Deep contextual predictive search Data Aggregation Prescriptive Analysis Deep video search Multiple language search © copyright 2011, Future of Talent Institute 13
14.
Emerging Search
Predictive Search (Google) Learn what you want as you work and tailor results Contextual Search (Google Instant) Contextual Search works by intelligent search engine optimization powered by semantic intelligent search software. © copyright 2011, Future of Talent Institute 14
15.
© copyright 2011,
Future of Talent Institute 15
16.
Aggregation of Data
Clustering- an identification of regularities in data in an unsupervised way, e.g. without labeling the cluster with a specific name. Collocation - identifying a relationship between entities based on their mutual collocation Yahoo, Google, Bing © copyright 2011, Future of Talent Institute 16
17.
Prescriptive Analysis
While predictive analytics helps you model and forecast what might happen in the future, prescriptive analytics helps you decide the best course of action to take given your objectives, requirements and constraints. © copyright 2011, Future of Talent Institute 17
18.
“Star Trek” Decisions
Based on the aggregation of school, test, work, LinkedIn, Facebook, medical data; search tools give a probability that a candidate will be the best one out of all. Makes decisions based on criteria established from past behaviors and your indications. © copyright 2011, Future of Talent Institute 18
19.
Deep Video Search
Searching through videos and recognizing faces and speech to analyze what someone is saying and analyze it. Early beginnings with Blinkx.com http://www.blinkx.com/ And Truveo http://www.truveo.com © copyright 2011, Future of Talent Institute 19
20.
Multiple Language Search
Major challenge to search & translate across multiple languages and account for cultural nuances. Google & IBM are pioneering work in these areas. Integrated Wave Technologies developed Voice Response Translator (VRT) © copyright 2011, Future of Talent Institute 20
21.
What’s Possible in
5-10 Years? Aggregation and Intelligent Analysis of multiple, seemingly unrelated datasets. Access to vast amounts of unstructured data. Ranking of quality/trustworthiness/and other factors based on recorded behaviors. Ability to prescribe who would best fit a need based on multiple past searches and probability analysis. Includes video and audio data © copyright 2011, Future of Talent Institute 21
22.
Summary - Future
of Sourcing Sourcing as we know it has a perhaps 6-10 year lifespan Candidates have no need for formal resume/CV People search composed of a mix of structured and unstructured, aggregated and integrated data. Information Analysts interpret/refine/hone data for final decision making. Most “search” fully automated. © copyright 2011, Future of Talent Institute 22
23.
Thanks!
Boomers can Write to me at : kwheeler@futureoftalent.org Gen X can Read my blog at: http://byteeoh.com Gen Y Follow me on Twitter at: www.twitter.com/kwheeler Anyone can Read my columns on ERE: www.ere.net © copyright 2011, Future of Talent Institute
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