SlideShare uma empresa Scribd logo
1 de 12
Baixar para ler offline
Moneyball Approach
to Big Data
Create a competitive advantage with Big Data

                              Rick Kawamura
                                    @r_kawamura
Agenda


• Moneyball – The art of Winning
• What is Big Data?
• Big Data Evolution
• Big Data Opportunities
• Not all Big Data is alike
• Big Data Examples
• Top 10 Keys to Success starting out with Big Data

                                                      2
Moneyball – The Art of Winning
Using a data-driven approach to outwit, outsmart, and outplay your competition
with unstructured Big Data




                                                                                 3
What is Big Data?




          Forrester:
          … techniques and technologies that make handling data at extreme
          scale affordable… to understand how to get value from the 95%
          you are not thinking about right now. (Forester estimates firms
          utilize less than 5% of available data). In this information age, the
          firms that best turn information to their advantage will dominate
          their competition.
                                                                                  4
Big Data Evolution



                                                                            Cloud



       Silos                                                                  Mobile
                                                               SaaS
                 EAI
       Portals           Vendor              Web      B2B
                                       SOA
                       Consolidation                                          Social
                                                            Globalization
      Centralization


                                                                             Machine


                   Consolidation                   App Explosion




                                                                                       5
Big Opportunities




              6
Who is likely to reap the benefits of Big Data?
Finance and Insurance are well positioned




                                                  7
Predictive Analytics
Strong credibility of Unstructured, Social Data

• Is Social Media credible?




                                                  8
Improve Operating Margins
Integrating internal and external apps for profit


                    “We estimate that a retailer embracing big data
                    has the potential to increase its operating margin
                    by more than 60%”
                                                             - McKinsey




                                                                          - IBM

                                                                                  9
Financial Services
Regulatory Compliance, Personalized Service, Competitive Advantage

              “… unlocking the insights in the data to better understand
              customers, competitors and employees represents a significant opportunity
              to gain competitive advantage. … leading firms are looking at using both
              internal and external data, both structured and unstructured, to develop
              personalized banking products.”
                                                                                   - Deloitte




                                                                                                10
Top 10 Keys to Success starting out with Big Data

1.   Honest evaluation of your Big Data goals and weaknesses
2.   Desire to change and think different
3.   The 3 Vs of Big Data are important – but it’s really about a 4th “V”, Value
4.   Gain access to the data and applications you need
5.   Use relevant data – internal, external, structured, unstructured
6.   Data in real-time
7.   Ability to turn data into intelligence
8.   Actionable results
9.   Hire the right people (before investing in tools and technology)
10. Beware the hungry bear – You may not be first (with Big Data), just don’t be last


                         11
Thank You
@r_kawamura




       12

Mais conteúdo relacionado

Mais procurados

Pro Learning Lab - Turning Information Into Opportunity
Pro Learning Lab - Turning Information Into OpportunityPro Learning Lab - Turning Information Into Opportunity
Pro Learning Lab - Turning Information Into Opportunity
Whittaker Associates
 
Talking to your CEO about the Chief Data Officer Role
Talking to your CEO about the Chief Data Officer Role Talking to your CEO about the Chief Data Officer Role
Talking to your CEO about the Chief Data Officer Role
Craig Milroy
 
The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...
The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...
The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...
DATAVERSITY
 

Mais procurados (20)

Reimagining Enterprise Risk: A Global Study
Reimagining Enterprise Risk: A Global StudyReimagining Enterprise Risk: A Global Study
Reimagining Enterprise Risk: A Global Study
 
3 Steps for Breaking Down Data & Analytic Silos
3 Steps for Breaking Down Data & Analytic Silos 3 Steps for Breaking Down Data & Analytic Silos
3 Steps for Breaking Down Data & Analytic Silos
 
eBay at The Chief Analytics Officer Forum, Europe
eBay at The Chief Analytics Officer Forum, EuropeeBay at The Chief Analytics Officer Forum, Europe
eBay at The Chief Analytics Officer Forum, Europe
 
Unlocking the Value of Big Data (Innovation Summit 2014)
Unlocking the Value of Big Data (Innovation Summit 2014)Unlocking the Value of Big Data (Innovation Summit 2014)
Unlocking the Value of Big Data (Innovation Summit 2014)
 
Pro Learning Lab - Turning Information Into Opportunity
Pro Learning Lab - Turning Information Into OpportunityPro Learning Lab - Turning Information Into Opportunity
Pro Learning Lab - Turning Information Into Opportunity
 
DI&A Webinar: Top 5 Priorities for an Analytics Leader
DI&A Webinar: Top 5 Priorities for an Analytics LeaderDI&A Webinar: Top 5 Priorities for an Analytics Leader
DI&A Webinar: Top 5 Priorities for an Analytics Leader
 
Is Your Company Braced Up for handling Big Data
Is Your Company Braced Up for handling Big DataIs Your Company Braced Up for handling Big Data
Is Your Company Braced Up for handling Big Data
 
Driving business value with Organisational Network Analysis
Driving business value with Organisational Network AnalysisDriving business value with Organisational Network Analysis
Driving business value with Organisational Network Analysis
 
Does your organization need a Chief Data Officer (CDO) ?
Does your organization need a Chief Data Officer (CDO) ?Does your organization need a Chief Data Officer (CDO) ?
Does your organization need a Chief Data Officer (CDO) ?
 
Democratization and Decisions through Data: Scaling Search at the Enterprise ...
Democratization and Decisions through Data: Scaling Search at the Enterprise ...Democratization and Decisions through Data: Scaling Search at the Enterprise ...
Democratization and Decisions through Data: Scaling Search at the Enterprise ...
 
Talking to your CEO about the Chief Data Officer Role
Talking to your CEO about the Chief Data Officer Role Talking to your CEO about the Chief Data Officer Role
Talking to your CEO about the Chief Data Officer Role
 
D&B US Economic Health Tracker | May 2014
D&B US Economic Health Tracker | May 2014D&B US Economic Health Tracker | May 2014
D&B US Economic Health Tracker | May 2014
 
LeaDroid
LeaDroidLeaDroid
LeaDroid
 
AI Weekly - January 11, 2021
AI Weekly - January 11, 2021AI Weekly - January 11, 2021
AI Weekly - January 11, 2021
 
The Chief Data Officer - quotes from data & analytics thought leaders
The Chief Data Officer - quotes from data & analytics thought leadersThe Chief Data Officer - quotes from data & analytics thought leaders
The Chief Data Officer - quotes from data & analytics thought leaders
 
Unlocking the Value of Big Data in 2014
Unlocking the Value of Big Data in 2014Unlocking the Value of Big Data in 2014
Unlocking the Value of Big Data in 2014
 
Data-Centric Analytics and Understanding the Full Data Supply Chain
Data-Centric Analytics and Understanding the Full Data Supply ChainData-Centric Analytics and Understanding the Full Data Supply Chain
Data-Centric Analytics and Understanding the Full Data Supply Chain
 
Big Data, Big Responsibilities
Big Data, Big ResponsibilitiesBig Data, Big Responsibilities
Big Data, Big Responsibilities
 
The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...
The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...
The Chief Data Officer's Agenda: Leading the Enterprise Data Strategy and Org...
 
Btng chattergrids issue 1
Btng chattergrids issue 1Btng chattergrids issue 1
Btng chattergrids issue 1
 

Destaque

Winning an unfair game
Winning an unfair gameWinning an unfair game
Winning an unfair game
12donovkolw
 
Kerr - The Sudoku of HR Nine Numbers To Prove Your Value
Kerr - The Sudoku of HR Nine Numbers To Prove Your Value Kerr - The Sudoku of HR Nine Numbers To Prove Your Value
Kerr - The Sudoku of HR Nine Numbers To Prove Your Value
HR Florida State Council, Inc.
 
The Moneyball Effect
The Moneyball EffectThe Moneyball Effect
The Moneyball Effect
Tyler Maher
 

Destaque (9)

Winning an unfair game
Winning an unfair gameWinning an unfair game
Winning an unfair game
 
Moneyball
Moneyball Moneyball
Moneyball
 
Moneyball
MoneyballMoneyball
Moneyball
 
Moneysec - Moneyball for Security
Moneysec - Moneyball for SecurityMoneysec - Moneyball for Security
Moneysec - Moneyball for Security
 
Technology and open knowledge in sports statistics
Technology and open knowledge in sports statisticsTechnology and open knowledge in sports statistics
Technology and open knowledge in sports statistics
 
Kerr - The Sudoku of HR Nine Numbers To Prove Your Value
Kerr - The Sudoku of HR Nine Numbers To Prove Your Value Kerr - The Sudoku of HR Nine Numbers To Prove Your Value
Kerr - The Sudoku of HR Nine Numbers To Prove Your Value
 
The Moneyball Effect
The Moneyball EffectThe Moneyball Effect
The Moneyball Effect
 
Soccer Fitness: A Science Based Approach
Soccer Fitness: A Science Based ApproachSoccer Fitness: A Science Based Approach
Soccer Fitness: A Science Based Approach
 
The In-Season Microcycle 'Physical themes dervied from tactical periodisation'
The In-Season Microcycle  'Physical themes dervied from tactical periodisation'The In-Season Microcycle  'Physical themes dervied from tactical periodisation'
The In-Season Microcycle 'Physical themes dervied from tactical periodisation'
 

Semelhante a Moneyball Approach to Big Data

How to Enable Personalized Marketing Even Before 'Big Data'
How to Enable Personalized Marketing Even Before 'Big Data'How to Enable Personalized Marketing Even Before 'Big Data'
How to Enable Personalized Marketing Even Before 'Big Data'
DocuStar
 
Gartner Top Technology Trends
Gartner Top Technology TrendsGartner Top Technology Trends
Gartner Top Technology Trends
Bruno Aziza
 
Day 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_pressDay 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_press
IntelAPAC
 
Malaysia Presentation
Malaysia PresentationMalaysia Presentation
Malaysia Presentation
Alan Royal
 
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTXCustomer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
tsigitnist02
 

Semelhante a Moneyball Approach to Big Data (20)

How to Enable Personalized Marketing Even Before 'Big Data'
How to Enable Personalized Marketing Even Before 'Big Data'How to Enable Personalized Marketing Even Before 'Big Data'
How to Enable Personalized Marketing Even Before 'Big Data'
 
Top 5 Business Intelligence (BI) Trends in 2013
Top 5 Business Intelligence (BI) Trends in 2013Top 5 Business Intelligence (BI) Trends in 2013
Top 5 Business Intelligence (BI) Trends in 2013
 
The value of our data
The value of our dataThe value of our data
The value of our data
 
Bigdata final(이지은)
Bigdata final(이지은)Bigdata final(이지은)
Bigdata final(이지은)
 
The Big Deal About Big Data For Customer Engagement
The Big Deal About Big Data For Customer EngagementThe Big Deal About Big Data For Customer Engagement
The Big Deal About Big Data For Customer Engagement
 
Aiimi Insurance Breakfast Briefing
Aiimi Insurance Breakfast BriefingAiimi Insurance Breakfast Briefing
Aiimi Insurance Breakfast Briefing
 
QLIK MAKES THE BEST BI TOOLS AND APPLICATIONS FOR THE AGE OF BIG-DATA
QLIK MAKES THE BEST BI TOOLS AND APPLICATIONS FOR THE AGE OF BIG-DATAQLIK MAKES THE BEST BI TOOLS AND APPLICATIONS FOR THE AGE OF BIG-DATA
QLIK MAKES THE BEST BI TOOLS AND APPLICATIONS FOR THE AGE OF BIG-DATA
 
Gartner Top Technology Trends
Gartner Top Technology TrendsGartner Top Technology Trends
Gartner Top Technology Trends
 
SMAC
SMACSMAC
SMAC
 
Big Data in Hong Kong -- Dr. Toa Charm
Big Data in Hong Kong -- Dr. Toa CharmBig Data in Hong Kong -- Dr. Toa Charm
Big Data in Hong Kong -- Dr. Toa Charm
 
ZEDventures-highres
ZEDventures-highresZEDventures-highres
ZEDventures-highres
 
Google and big query
Google and big queryGoogle and big query
Google and big query
 
The 10 most promising bi and analytics solution providers 2018
The 10 most promising bi and analytics solution providers 2018 The 10 most promising bi and analytics solution providers 2018
The 10 most promising bi and analytics solution providers 2018
 
Day 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_pressDay 2 aziz apj aziz_big_datakeynote_press
Day 2 aziz apj aziz_big_datakeynote_press
 
Malaysia Presentation
Malaysia PresentationMalaysia Presentation
Malaysia Presentation
 
Key note big data analytics ecosystem strategy
Key note   big data analytics ecosystem strategyKey note   big data analytics ecosystem strategy
Key note big data analytics ecosystem strategy
 
10 Enterprise Analytics Trends to Watch in 2019
10 Enterprise Analytics Trends to Watch in 2019 10 Enterprise Analytics Trends to Watch in 2019
10 Enterprise Analytics Trends to Watch in 2019
 
Why Everything You Know About bigdata Is A Lie
Why Everything You Know About bigdata Is A LieWhy Everything You Know About bigdata Is A Lie
Why Everything You Know About bigdata Is A Lie
 
SalesClic on big data - SimplyZesty breakfast
SalesClic on big data - SimplyZesty breakfastSalesClic on big data - SimplyZesty breakfast
SalesClic on big data - SimplyZesty breakfast
 
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTXCustomer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
 

Último

call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)
amitlee9823
 
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
amitlee9823
 
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
nirzagarg
 
Peaches App development presentation deck
Peaches App development presentation deckPeaches App development presentation deck
Peaches App development presentation deck
tbatkhuu1
 
Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 
B. Smith. (Architectural Portfolio.).pdf
B. Smith. (Architectural Portfolio.).pdfB. Smith. (Architectural Portfolio.).pdf
B. Smith. (Architectural Portfolio.).pdf
University of Wisconsin-Milwaukee
 

Último (20)

Hire 💕 8617697112 Meerut Call Girls Service Call Girls Agency
Hire 💕 8617697112 Meerut Call Girls Service Call Girls AgencyHire 💕 8617697112 Meerut Call Girls Service Call Girls Agency
Hire 💕 8617697112 Meerut Call Girls Service Call Girls Agency
 
Booking open Available Pune Call Girls Nanded City 6297143586 Call Hot India...
Booking open Available Pune Call Girls Nanded City  6297143586 Call Hot India...Booking open Available Pune Call Girls Nanded City  6297143586 Call Hot India...
Booking open Available Pune Call Girls Nanded City 6297143586 Call Hot India...
 
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Th...
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Th...Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Th...
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Th...
 
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️call girls in Dakshinpuri  (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
call girls in Dakshinpuri (DELHI) 🔝 >༒9953056974 🔝 genuine Escort Service 🔝✔️✔️
 
Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)
Escorts Service Basapura ☎ 7737669865☎ Book Your One night Stand (Bangalore)
 
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
Jigani Call Girls Service: 🍓 7737669865 🍓 High Profile Model Escorts | Bangal...
 
Sector 105, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 105, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 105, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 105, Noida Call girls :8448380779 Model Escorts | 100% verified
 
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
Nisha Yadav Escorts Service Ernakulam ❣️ 7014168258 ❣️ High Cost Unlimited Ha...
 
Top Rated Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated  Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...Top Rated  Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...
Top Rated Pune Call Girls Koregaon Park ⟟ 6297143586 ⟟ Call Me For Genuine S...
 
HiFi Call Girl Service Delhi Phone ☞ 9899900591 ☜ Escorts Service at along wi...
HiFi Call Girl Service Delhi Phone ☞ 9899900591 ☜ Escorts Service at along wi...HiFi Call Girl Service Delhi Phone ☞ 9899900591 ☜ Escorts Service at along wi...
HiFi Call Girl Service Delhi Phone ☞ 9899900591 ☜ Escorts Service at along wi...
 
Sweety Planet Packaging Design Process Book.pptx
Sweety Planet Packaging Design Process Book.pptxSweety Planet Packaging Design Process Book.pptx
Sweety Planet Packaging Design Process Book.pptx
 
Top Rated Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated  Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...Top Rated  Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
Top Rated Pune Call Girls Saswad ⟟ 6297143586 ⟟ Call Me For Genuine Sex Serv...
 
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Gi...
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Gi...Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Gi...
Pooja 9892124323, Call girls Services and Mumbai Escort Service Near Hotel Gi...
 
call girls in Kaushambi (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝...
call girls in Kaushambi (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝...call girls in Kaushambi (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝...
call girls in Kaushambi (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service 🔝...
 
Peaches App development presentation deck
Peaches App development presentation deckPeaches App development presentation deck
Peaches App development presentation deck
 
Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Brookefield Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
VVIP Pune Call Girls Hadapsar (7001035870) Pune Escorts Nearby with Complete ...
VVIP Pune Call Girls Hadapsar (7001035870) Pune Escorts Nearby with Complete ...VVIP Pune Call Girls Hadapsar (7001035870) Pune Escorts Nearby with Complete ...
VVIP Pune Call Girls Hadapsar (7001035870) Pune Escorts Nearby with Complete ...
 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
 
B. Smith. (Architectural Portfolio.).pdf
B. Smith. (Architectural Portfolio.).pdfB. Smith. (Architectural Portfolio.).pdf
B. Smith. (Architectural Portfolio.).pdf
 
SD_The MATATAG Curriculum Training Design.pptx
SD_The MATATAG Curriculum Training Design.pptxSD_The MATATAG Curriculum Training Design.pptx
SD_The MATATAG Curriculum Training Design.pptx
 

Moneyball Approach to Big Data

  • 1. Moneyball Approach to Big Data Create a competitive advantage with Big Data Rick Kawamura @r_kawamura
  • 2. Agenda • Moneyball – The art of Winning • What is Big Data? • Big Data Evolution • Big Data Opportunities • Not all Big Data is alike • Big Data Examples • Top 10 Keys to Success starting out with Big Data 2
  • 3. Moneyball – The Art of Winning Using a data-driven approach to outwit, outsmart, and outplay your competition with unstructured Big Data 3
  • 4. What is Big Data? Forrester: … techniques and technologies that make handling data at extreme scale affordable… to understand how to get value from the 95% you are not thinking about right now. (Forester estimates firms utilize less than 5% of available data). In this information age, the firms that best turn information to their advantage will dominate their competition. 4
  • 5. Big Data Evolution Cloud Silos Mobile SaaS EAI Portals Vendor Web B2B SOA Consolidation Social Globalization Centralization Machine Consolidation App Explosion 5
  • 7. Who is likely to reap the benefits of Big Data? Finance and Insurance are well positioned 7
  • 8. Predictive Analytics Strong credibility of Unstructured, Social Data • Is Social Media credible? 8
  • 9. Improve Operating Margins Integrating internal and external apps for profit “We estimate that a retailer embracing big data has the potential to increase its operating margin by more than 60%” - McKinsey - IBM 9
  • 10. Financial Services Regulatory Compliance, Personalized Service, Competitive Advantage “… unlocking the insights in the data to better understand customers, competitors and employees represents a significant opportunity to gain competitive advantage. … leading firms are looking at using both internal and external data, both structured and unstructured, to develop personalized banking products.” - Deloitte 10
  • 11. Top 10 Keys to Success starting out with Big Data 1. Honest evaluation of your Big Data goals and weaknesses 2. Desire to change and think different 3. The 3 Vs of Big Data are important – but it’s really about a 4th “V”, Value 4. Gain access to the data and applications you need 5. Use relevant data – internal, external, structured, unstructured 6. Data in real-time 7. Ability to turn data into intelligence 8. Actionable results 9. Hire the right people (before investing in tools and technology) 10. Beware the hungry bear – You may not be first (with Big Data), just don’t be last 11