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Advanced Analytics



   THE POWER OF PREDICTION
   Duncan Ross, Director Data Sciences
   Teradata

   @duncan3ross
WELCOME TO THE WORLD OF
PREDICTION MR ROVE
                                      Advanced Analytics




                     “People think we got big by
                      putting big stores in small
                    towns. Really we got big by
                       replacing inventory with
                             information”
                  Sam Walton, founder WalMart
               @duncan3ross
WHAT CAN YOU DO WITH DATA?
                                                   Advanced Analytics


• Predict
  > What will people or things do?

• Learn
  > What are the things that make things happen?


• Refute
  > What isn’t important!


• Test and measure




                            @duncan3ross
2013: THE YEAR OF PREDICTION
                               Advanced Analytics




                @duncan3ross
Use the crowd

    Data in:
    •  Social media
    •  Behaviours                                       Outputs:
    •  Specific questions                               •  Marketing insight
    •  Competitions         Analysis:                   •  Design
                            •  Textual                  •  Relationships
                                 (sentiment, meaning)   •  Predictive outputs
                            •    Behavioural
                            •    Clustering
                            •    Predictive
                            •    Linking!




5        1/28/2013              @duncan3ross
Doing more with location

    Data in:
    •  Location
    •  Passive/active
    •  Real-time
    •  Routes




                                         Outputs:
                                         •  Mobile digital
                                            marketing
                                         •  Network analysis
                                         •  Partner offers
                                         •  Insight

                        Analysis:
                        •  Paths
                        •  Behavioural
                        •  Relational


6     1/28/2013          @duncan3ross
Playing games with customers
    Data in:
    •  Crowdsourced
    •  Apps
    •  Usage




    Outputs:                                  Analysis:
    •  Games!                                 •  More data!
    •  Behavioural alignment                  •  Behavioural
    •  Education                              •  Clustering
                                              •  Predictive



7      1/28/2013               @duncan3ross
Giving customers control
                                               Data in:
                                               •  Company provided
                                               •  Customer provided
                                               •  3rd party




Outputs:
•  Data and analysis
   to customer
•  Solutions to third
   parties


                           Analysis:
                           •  Data quality
                           •  Wider range of
                              variables
                           •  Supported user
                              self-analysis

  8      1/28/2013      @duncan3ross
Coming soon…
 DataKind UK

             3 Charities

                                    90 Data Scientists




• 90 data scientists
• 2 days
                       £90,000 market value
• est £500 per day
BIG DATA ISN’T ABOUT SIZE
                                                  Advanced Analytics


• It’s about what you can do with data

• Prediction is one of the most interesting (and exciting
  things you can do)

• So welcome to the Enlightenment!




                        @duncan3ross

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  • 1. Advanced Analytics THE POWER OF PREDICTION Duncan Ross, Director Data Sciences Teradata @duncan3ross
  • 2. WELCOME TO THE WORLD OF PREDICTION MR ROVE Advanced Analytics “People think we got big by putting big stores in small towns. Really we got big by replacing inventory with information” Sam Walton, founder WalMart @duncan3ross
  • 3. WHAT CAN YOU DO WITH DATA? Advanced Analytics • Predict > What will people or things do? • Learn > What are the things that make things happen? • Refute > What isn’t important! • Test and measure @duncan3ross
  • 4. 2013: THE YEAR OF PREDICTION Advanced Analytics @duncan3ross
  • 5. Use the crowd Data in: • Social media • Behaviours Outputs: • Specific questions • Marketing insight • Competitions Analysis: • Design • Textual • Relationships (sentiment, meaning) • Predictive outputs • Behavioural • Clustering • Predictive • Linking! 5 1/28/2013 @duncan3ross
  • 6. Doing more with location Data in: • Location • Passive/active • Real-time • Routes Outputs: • Mobile digital marketing • Network analysis • Partner offers • Insight Analysis: • Paths • Behavioural • Relational 6 1/28/2013 @duncan3ross
  • 7. Playing games with customers Data in: • Crowdsourced • Apps • Usage Outputs: Analysis: • Games! • More data! • Behavioural alignment • Behavioural • Education • Clustering • Predictive 7 1/28/2013 @duncan3ross
  • 8. Giving customers control Data in: • Company provided • Customer provided • 3rd party Outputs: • Data and analysis to customer • Solutions to third parties Analysis: • Data quality • Wider range of variables • Supported user self-analysis 8 1/28/2013 @duncan3ross
  • 9. Coming soon… DataKind UK 3 Charities 90 Data Scientists • 90 data scientists • 2 days £90,000 market value • est £500 per day
  • 10. BIG DATA ISN’T ABOUT SIZE Advanced Analytics • It’s about what you can do with data • Prediction is one of the most interesting (and exciting things you can do) • So welcome to the Enlightenment! @duncan3ross