Big Data Cloud Today! Experts discuss what today’s data is saying about tomorrow opportunities

Increased productivity, new innovations and smarter marketing are just a few advantages being realized by organizations that embrace big data.

Big Data Cloud Today!, an event held on June 7th in Mountain View, drew leaders from business and technology to discuss the next generation of Big Data use cases. Attendees to Big Data Cloud Today! learned emerging techniques, like 3d data visualization, to distill new insights from existing data. The event addressed the growth of big data, big data architectures, and identification of new business opportunities.

As I participant in the event, I would like to share a few of the insights and key learning’s that I felt offer the most value for Bodhtree customers and network. Milind Bhandarkar, Chief Scientist from Pivotal, Dr. Mayank Bawa, Co-President R&D Labs of from Teradata Aster, Jim Blomo Engineering Manager – Data-Mining, and Gail Ennis, CEO of Karmasphere, were a few experts who made this event truly impact full. Speakers presented first-hand experiences and lessons learned from Big Data early-adopter organizations.

Dr. Mayank Bawa (Co-President, R&D Labs, Teradata Aster) set the tone for the conference with an excellent keynote address. ‘Why is there such excitement around Big Data Analytics in the current environment?’ and ‘How are Big Data Services & Data Sciences Unique?’ were the two questions that framed his remarks. His presentation marvelously answered them with real-life use cases in two broad categories:

• “All kinds of data in a single platform”
• “All kinds of Analytics in a single platform”

To underscore these points, he presented various applications of Big Data Solutions such as ‘Market Basket Analysis’, ’Telecom and Churn analysis’, and ‘Predictive Modeling in Insurance Domain.’ Some of the interesting takeaways, challenges and open questions are as follows:

- How will technology progress to a unified architecture from the current state?
- The focus of every company is on building a platform that bring silos of data together and facilitates seamless dataflow across systems
- Empowering data sciences and improving analytical algorithms
- Relational vs. NoSQL:
- Is there a need to build SQL layer over NoSQL?
- Does it add any business value?
- Vision of oracle, Teradata in bringing relational and NoSQL together.

How to make Big Money from Big Data? – Sourabh Satish, Security Technologies & Response, CTOs Office, Symantec

While Dr. Bawa presented the motivation to build a unified architecture with better analytics, Sourabh Satish, Security Technologies and Response at Symantec, explored the advances offered by Big Data in the Security Domain. He demonstrated some of the security tools built at Symantec and illustrated how the three fields – Big Data, Data Science and Domain Expertise – can be leveraged for building an application.

Hadoop: A Foundation for Change – Milind Bhandarkar, Chief Scientist, Pivotal

If I had to design a metric to calculate the most relevant and valuable presentation in the conference, then without a doubt the gold standard would be set by Milind Bhandarkar, Chief Scientist of Pivotal. Mr. Bhandarkar talked about the evolution of analytics and big data and characterized by three distinct areas:

• Source Systems +ETL+EDW+Visualization
• Source Systems +Hadoop& M>R +EDW+Visualization
• Hadoop and ecosystem

He went on to explore several key issues in the Big Data field:

BI Vs. Big Data and Future
Big Data’s journey from batch processing to interactive processing. Is interactive processing possible?
Hadoop as a service?
Applications as a service?
Cloudera Impela bypassing MapReduce
Myth around how huge (Big) is the volume of data used in analytics query (at Yahoo, Microsoft)

Why Hadoop is the New Infrastructure for the CMO (they may not know it yet!)- Gail Ennis CEO, Karmasphere

Gail Ennis talked about business use cases driving the demand for Big Data in today’s rapidly changing world, the journey of technology from BI to Big Data (predictive insights) and the potential of predictive analytics in Marketing and product Development.

Insights from Big Data: How-to? –Panel Discussion

Jim Blomo, Engineering Manager Data-Mining, Yelp
David P. Mariani, VP Engineering, Klout

The frank and energetic interaction between Professor Blomo and Mariani offered some of the most interesting discussion in the conference, including topics such as:

How to identify whether a given problem is a BI Analytics problem or Big Data problem?
Is existing BI framework needed? How Big Data evolves to be interactive BI
How a company can form a data sciences group & their Journey in building their team
What qualities they looked at while selecting Data scientists in their team as Data Scientist is not a role well defined across the industry
Evolving technologies in data sciences and Big data (hive vs. cloudera imepala vs. shark)
Is ETL on the fly possible
Yelp and its work in data sciences
Academic Education or Practical Experiences which helps in being a great Data Scientist

Rhaghav Karnam manages the Big Data Scientists group at Bodhtree, focusing on Big Data for customers in High Tech, Manufacturing, Life Sciences/Pharmaceuticals and government industries. Bodhtree enables its customers and partners for business transformation through Big Data and social-mining solutions laser focused on measurable business objectives.

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How Tableau Helps CIOs See DATA Differently

With Tableau’s IPO this past Friday (trading under the ticker symbol “DATA”) and IDC’s title as “the world’s fastest growing Business Intelligence Company” back in 2012, Tableau is making big strides as a top data visualization tool. With more than 100,000 users, Tableau is being used in revolutionary ways to solve diverse problems from maximizing customer loyalty for a clothing brand to minimizing patient wait time in hospitals.

BI Analytics tool

Tableau is a BI analytics solution that lets you probe, question, interact and understand data through visualization. Tableau allows you to instantly filter, zoom, compare, sort and group your data to tell a story. From GI mapping to heat maps, Tableau offers many visual formats to help discover data-driven answers to business questions.

What distinguishes Tableau from other tools is how seemingly user friendly it is. Data analytics is now becoming accessible to the masses with Tableau’s easy drag-and-drop interface. Analysts who were previously limited to interpreting reports are now empowered to build their own unique views of the data. IT developers who used to create these reports now have more time to work on proactive technology initiatives. You can share Tableau reports to a viewer, group of viewers or even the public. Tableau is additionally accessible in any web browser or on tablets.

CIO’s are looking to Tableau as a top Business Intelligence analytics tool for their businesses, recognizing even its structural power to increase efficiency amongst analysts and enable IT to delve into other projects. The accessibility and usability further brings Tableau to the forefront of CIO’s interests.

Hilary Perry is a business analyst with Bodhtree who focusses on emerging Big Data technologies. Bodhtree empowers enterprises to navigate Big Data challenges and opportunities with its GPS solution portfolio: Growth, Productivity and Security. To explore what your business can achieve with Big Data, contact Bodhtree at [email protected].

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Stop Spreadsheet Chaos with SAP® BusinessObjects™ from Bodhtree

Most organizations use spreadsheets as their standard analytical tool and spend significant efforts to obtain data for making critical business decisions. Business Intelligence: The Definitive Guide for Midsize Organizations from SAP provides a comprehensive overview of BI and the facts you need to make an educated investment that will change the course of your business for years to come!

BI allows business users to analyze and better understand organization’s plans and results. It provides insight into what’s working correctly while identifying potential problem areas in time for corrective actions to be taken. It can be used to recognize opportunities as well as problems, and alert your organization to potential issues when exception conditions occur—such as sales dropping 20% below forecast or inventory falling below a threshold value.

The following scenarios represent typical situations that could benefit from improved business intelligence (BI):

Multiple versions of the truth. Interdepartmental meetings frequently turn into shouting matches as participants argue about whose spreadsheet has the correct figures.

Inability to perform in-depth analysis. Your company knows which of its retail outlets have the greatest sales volume, but it doesn’t know which products have the highest sales.

Need for simple-to-use production reporting technology. Your accounting department uses a word processor to generate customer invoices. Customers frequently complain about being invoiced twice for the same purchase or shipment.

Historical values are not being retained. The sales department is conducting account reviews and wishes to compare each customer’s sales-to-date this year with its sales-to-date at this time last year. Sales maintains a spreadsheet for this year’s results, but the person who maintained the spreadsheet last year has left the company—and no one has any idea what happened to last year’s spreadsheet.

Business Intelligence provides relevant, actionable and near real-time information for enhanced decision-making capabilities. Find out how you can improve organizational efficiency and effectiveness – and eliminate Spreadsheet Chaos – with Business Intelligence: The Definitive Guide for Midsize Organizations.

Download Business Intelligence: The Definitive Guide for Midsize Organizations - and see what SAP BusinessObjects can do for you.

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