There are a lot of terms thrown around in the world of business intelligence and analytics. Presented as a webinar, this deck is an introduction to the terminology and power of business intelligence to transform companies.
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Webinar: Business Intelligence From The Inside Out
1. Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
BUSINESS
INTELLIGENC
E &
ANALYTICS
Business
Intelligence from
The Inside Out
Presenters:
Amanda Best
Dan Chenoweth
2. 1-MINUTE WEBINAR SURVEY
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Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
3. BUSINESS INTELLIGENCE
• Analytics Strategy Roadmap
• Implementation & Deployment
• Business Process Improvement
Strategy. Execution. Results.
SOFTWARE DEVELOPMENT
Custom Apps • Saas • Mobile • Embedded Analytics
TECHNICAL STAFFING
On-Demand • Contract-To-Hire • Direct Placement
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
5. POLL: What’s
your data role?
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
6. So much data!
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
7. DATA GROWTH
Source: Aberdeen Group Research Report – January, 2013
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
8. DATA SOURCES
STRUCTURED &
UNSTRUCTURED
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
INTERNAL SOURCES
Financial systems
ERPs
Sales platforms
Marketing platforms
Legacy data stores
Customer support systems
HR systems
EXTERNAL SOURCES
Social media feeds
News sites
Weather data
SaaS services
Devices connected to the internet (IoT)
Purchased data
10. BUSINESS
INTELLIGENC
EA set of theories, methodologies,
architectures, and technologies that
transform raw data into meaningful and
useful information for business purposes.
BI can handle enormous amounts of data
to help identify, develop and otherwise
create new opportunities.
- Wikipedia
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
11. Predictive Analytics
Data Discovery
Big Data
Descriptive Analytics
Business Intelligence
The Internet of Things
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
Reporting
Prescriptive Analytics
12. BIG DATA…
It’s just data
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
13. THE INTERNET OF
THINGS…
If it’s connected to
the Internet, it’s
making data
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
14. DATA
DISCOVERY… • Short shelf life
• Consumed by few end users
• Specialized data investigations
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
19. 4
% of companies use analytics effectively.
more likely to make decisions faster.
more likely to execute decisions as intended.
from Bain & Company, 2013: http://www.bain.com/publications/articles/the-value-of-big-data.aspx
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
5x
3x
2x
more likely to be in top quartile of performance.
20. BI
RESULTS
Grow Profits
Cut Costs
Mitigate Risks
Rapid Innovation
Transform the Company
BI Impacts
Sales
Marketing
Finance
Efficiency
Information Technology (IT)
Operations
And Everyone Else!
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
21. POLL: How do you make
decisions?
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
Anecdotal Trends
Hunches
Real-Time Data
Predictive Analytics
Financial Statements
Historical Data
22. THE PATH TO
COMPLETE
ANSWERS
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
26. IN ETL Warehous
e
Semantic
Layer
Analytics
Engine
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
Data Sources
OUT
• Enterprise
Reporting
• Mobile
Analytics
• Predictive
Analytics
•Interactive
Dashboards
• Visual
Discovery
Business Intelligence Process
Adapted from Blue Hill Research, 2014
34. PATH TO
BI
(Start small and valuable)
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
35. Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
RECAP
1) Clarity on terminology around Business Intelligence
2) Business Intelligence has many applications both in business and
otherwise.
3) BI implementation can be taken one stage at a time. It’s unlike
most technology deployments which often force everyone to
change to the new tool at the same time.
38. 1-MINUTE WEBINAR SURVEY
Help us make these webinars better and more informative.
Click on the link in the email sent after the webinar to let us
know about your experience.
Grab a free
CorSource eBook for
your time.
Strategy. Analytics, Software Development, Technical Staffing Execution. Results.
I create reports for my company
I manage people who create reports
I am a decision maker who analyzes reports
I am interested in the topic of Business Intelligence
Show of hands of people again who use analytics.
How many of you know how much value you get from your analytics?
Talk about the exponential opportunities and challenges that come from this growth.
Show of hands of people again who use analytics.
How many of you know how much value you get from your analytics?
Show of hands of people again who use analytics.
How many of you know how much value you get from your analytics?
Higher level…what is BI and what impact does it have?
It’s all just data: volume, velocity and variety
It’s all just data: volume, velocity and variety
It’s all just data: volume, velocity and variety
It’s all just data: volume, velocity and variety
It’s all just data: volume, velocity and variety
It’s all just data: volume, velocity and variety
Show of hands of people again who use analytics.
How many of you know how much value you get from your analytics?
ACCORDING TO A BAIN & COMPANY REPORT, RELEASED AT THE END OF 2013, ONLY 4%
Business Use Cases
LAUNCH POLL
Make graphic showing gather,structure,analyze,decide….then CB talk about how this framework is similar to Deming’s pdca
RAPID INNOVATION CYCLE…something like that…
Show of hands of people again who use analytics.
How many of you know how much value you get from your analytics?
Talk about the exponential opportunities and challenges that come from this growth.