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The cycle of data:
Introduction
WELCOME TO BIG DATA
Introduction
2017 has been a great year for big data, the silent companion in our lives, it seems that we are losing the fear of something
starting with BIG already scares.
The big data is going to be used not only by the big players, to be present and to be a fundamental axis in the strategies of
any company. Starting, at last, to democratize the use of data as we say.
We have seen the birth of many companies that for sure are going to change the way we see and do things, giving us the
transparency and visibility the market needs.
GRPD is a hot topic nowadays, does not come to change things comes but to regulate them and that each of us know in
what position we are in each moment and take the necessary responsibilities so that the user is more informed and
therefore more protected.
R E P O R T
A U T U M N / W I N T E R 1 6
O N L I N E S T O R E . C O M
A U T U M N / W I N T E R 1 6
I N D E X
Introduction
What is big data?
The expanding digital universe
The future is now
Where do we get the data?
Method of collection
Data structure
Where is all that data stored?
Data Warehouse VS Data Lake
How does the data arrive to the DMP?
Data management platform
The 7 VS of Big Data
Lack of profesional data profiles
New Profesional Profiles
Data transparency
GDPR
What is
big data?
Big data is a term that describes the
large volume of data that inundates
a business.
But it’s not the amount of data
that’s important, It’s what
organizations do with the data that
matters. Big data can be analyzed
for insights that lead to better
decisions and strategic business
moves.
Source: Verve systems
Source: sas.com
THEEXPANDINGDIGITA
UNIVERSE
The digital universe has been rising exponentially since 2013. It is estimated that, by
2020 the size of digital and data universe, will reach a long size unimaginable a few
years ago.
Source: @Tiffani Bova
THE
FUTURE
IS NOW
Big Data in Europe
6 million people in Europe worked in data-related jobs in 2015 and 6.16 million in
2016. As far as medium-term developments are concerned, it is estimated
that under a high-growth scenario, the number of data workers in Europe will
increase up to 10.43 million, with a compound average growth rate of 14.1% by
2020.
THE
FUTURE
IS NOW
Source: IDC, Big Data Market Forecast,
Big Data in Spain
Big data market in Spain has grown exponentially over the past
few years, and 2019 is expected to reach $313.7 M
Big Data market forecast in Spain
Using big data, organizations can
generate actionable insights that
enable them to drive their business
forward. Rapid integration of the
ever-expanding pool of data sources
and types opening a whole new
world of possibilities.
Wheredoweget
thedata?
Source: nextgov.com
Source: columnfivemedia.com
#01 #02
S E C O N D P A R T Y
D A T A
F I R S T P A R T Y
D A T A
Browser and serverside cookies set and recorded on
visitors to web and app properties
Cross-device Ids
Device model, operating system, connection type,
mobile network
Personally Identifiable Information (PII) like name,
email, phone, postal address
Behavioural information such as who bought what
and how often
It is first party data made available for use by
another organisation, shared with transparency.
The organisation using the data knows where it
came from, how it was collected, and what it
signifies. The data sources are identical to those
given above.
Data ingestion from multiple on and off-line sources
Data storage
Data mapping
Customer profiling
Cross-device identity graphing
Activation in media buying platforms
Marketplaces for sharing and monetising data sets
Analytics
#03
T H I R D P A R T Y
D A T A
Method of collection
DATA COLLECTED DIRECTLY BY THE
ORGANIZATION
DATA SHARED BY A TRUSTED
SOURCE
AGGREGATED DATA FROM OTHER
SOURCES
Source: :xelsionmedia.com
B I J O U M E D I A M A R K E T I N G P R O P O S A L
D a t a s t r u c t u r e
Unstructured: Data that does not
reside in fixed locations generally
refers to free-form text, which is
ubiquitous.
Semi-structured : Between the two
forms where “tags” or “structure”
are associated or embedded within
unstructured data.
Structured: Data that resides in fixed
fields within a record or file.
Source: medium.com
THE
CHALLENGE IS
TO STRUCTURE
ALL THAT DATA
Source: :sherpasoftware.com
DATA WAREHOUSE (DWH)
Where is all that data stored?
A data warehouse is a large store of
data accumulated from a varied
range of sources within an
organization. It is used to guide
management decisions.
ETL is normally a continuous, ongoing
process with a well-defined workflow.
It extracts data from homogeneous
or heterogeneous data sources.
Then, data is cleansed, enriched,
transformed, and stored either back
in the lake or in a data warehouse.
Source: Xplenty
DATA LAKE
A data lake is a storage repository or
a storage bank that holds a huge
amount of raw data in its original
format until it’s needed.
ELT (Extract, Load, Transform) is a
variant of ETL wherein the extracted
data is first loaded into the target
system. Transformations are
performed after the data is loaded
into the data warehouse. ELT
typically works well when the target
system is powerful enough to handle
transformations.
Source: Xplenty
Where is all that data stored?
Data Warehouse Data LakeVS
DATA
PROCESSING
STORAGE
AGILITY
SECURITY
USERS
Structured, processed
Structured, semi-structured,
unstructured, raw
Schema-on-write Schema-on-write
Expensive for large data volumes
Designed for low-cost
storage
Less agile fixed configuration
Highly agile, configure &
reconfigure as needed
Mature Maturing
Business professionals Data scientists
Source: datamation.com
H o w d o e s t h e d a t a
a r r i v e s t o t h e D M P ?
DATA
LAKE
DATA
WAREHOUSE
Capture
Curate
Aggregate
Data
Build
Customer
profiles
Engage
customers
Activate
DMP
DSP
Source: prnewswire.com
Adatamanagementplatformisadata
warehouse.It’sapieceofsoftwarethat
feeds,sortsandhousesinformation,and
spitsitoutinawaythat’susefulfor
marketers,publishers,andother
businesses.
Source: Admedo.com
Source: digiday.com
THE 7 Vs OF BIG DATA
14%
14%
14%
14%
14%
14%
14%
Velocity
Variety
Veracity
Visualisation
Viability
Volume
Value
1 . V O L U M E
Amount of data that is generated
in our environment
THE 7 Vs OF BIG DATA
Source: Medium
2 . V E L O C I T Y
The speed in which data is
accessible
THE 7 Vs OF BIG DATA
3 . V A R I E T Y
Forms, types and sources
from which data are
recorded
THE 7 Vs OF BIG DATA
Source:Medium
4 . V E R A C I T Y
Is all about making sure
the data is accurate
THE 7 Vs OF BIG DATA
Source:Medium
5 . V I A B I L I T Y
The capacity of companies
to generate an effective
use of the large volume of
data that handle.
THE 7 Vs OF BIG DATA
Source:Medium
6 . V I S U A L I Z A T I O N
Importance of the visual
representation,
understandable of data in
a pictorial or graphical
format.
THE 7 Vs OF BIG DATA
Source: Mtkander
7 . V A L U E
Be sure that your organization is getting
value from the data
THE 7 Vs OF BIG DATA
Getting Business Value from Big Data
#01 #02 #03 #04
Estimate Analyze Integrate Discover
Estimate expediture &
hardware investment
Analyze streaming
Big Data
Integrate Big Data
with older enterprise
sources
Discover new
business
opportunities
Big Data is the ability to achieve greater value
through insights from superior analytics
Source: Medium
CHALLENGES
New Professional Profiles
DATA SCIENTIST DATA ANALYSTDATA ARCHITECT
Cleans, massages and organizes
(big) data
Collects, processes and performs
statistical data analysis
Creates blueprints for data management
systems to integrate, centralyze, protect
and maintain data sources
DATA ENGINEER
Develop, constructs, tests and maintains
architectures (such databases and large-
scale processing systems)
STATISCIAN DATABASE ADMINISTRATOR
Collects, analyzes and interprets-qualitative
as well as quantitative data with statistical
theories and methods
Ensures that the database is available
to all relevant users, is performing
properly and is being kept safe
Source: Pinterest.com
DATA TRANSPARENCY AND VISIBILITY
Source: businessinsider.com
Transparencyisakeyelementwhenpurchasingdata.Advertisersneed
toknowthesourcewherethedataiscomingfromanddatasuppliers
shouldalwaysprovidethisinformation.
The85%oftheexpertsinmarketingandbusinessthinkthatitisnecessary
toincreasethevisibilityofthedatausedtodefineaudiences,tobeableto
takereallyadvantageofallthatdata.
Source: powerdata.es
DATA QUALITY
It refers to the quality of a set of information collected in a database, an information system or a data
warehouse with attributes like: accuracy, integrity, updating, coherence, relevance, accessibility and reliability
necessary to be useful to the processing, analysis, and any other purpose that a user you want to give.
The GDPR has been born of a need to
regulate the flow of data and protect
it, developing clear policies and
procedures to protect personal data,
and adopt appropriate technical and
organisational measures
THE NEW GDPR
Source: powerdata.es
W. Edwards Deming
Data Scientist
"
"
source:@reymondin
spain@datmean.com
EMAIL
www.datmean.com
WEBSITE
+34 91 052 83 84
PHONE NUMBER
EASTWAY UNIVERSITY
OF SOCIAL SCIENCES
@DatmeanOfficialDatmean Datmean

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The cycle of data

  • 1. The cycle of data: Introduction
  • 2. WELCOME TO BIG DATA Introduction 2017 has been a great year for big data, the silent companion in our lives, it seems that we are losing the fear of something starting with BIG already scares. The big data is going to be used not only by the big players, to be present and to be a fundamental axis in the strategies of any company. Starting, at last, to democratize the use of data as we say. We have seen the birth of many companies that for sure are going to change the way we see and do things, giving us the transparency and visibility the market needs. GRPD is a hot topic nowadays, does not come to change things comes but to regulate them and that each of us know in what position we are in each moment and take the necessary responsibilities so that the user is more informed and therefore more protected.
  • 3. R E P O R T A U T U M N / W I N T E R 1 6 O N L I N E S T O R E . C O M A U T U M N / W I N T E R 1 6 I N D E X Introduction What is big data? The expanding digital universe The future is now Where do we get the data? Method of collection Data structure Where is all that data stored? Data Warehouse VS Data Lake How does the data arrive to the DMP? Data management platform The 7 VS of Big Data Lack of profesional data profiles New Profesional Profiles Data transparency GDPR
  • 4. What is big data? Big data is a term that describes the large volume of data that inundates a business. But it’s not the amount of data that’s important, It’s what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves. Source: Verve systems Source: sas.com
  • 5. THEEXPANDINGDIGITA UNIVERSE The digital universe has been rising exponentially since 2013. It is estimated that, by 2020 the size of digital and data universe, will reach a long size unimaginable a few years ago. Source: @Tiffani Bova
  • 6. THE FUTURE IS NOW Big Data in Europe 6 million people in Europe worked in data-related jobs in 2015 and 6.16 million in 2016. As far as medium-term developments are concerned, it is estimated that under a high-growth scenario, the number of data workers in Europe will increase up to 10.43 million, with a compound average growth rate of 14.1% by 2020.
  • 7. THE FUTURE IS NOW Source: IDC, Big Data Market Forecast, Big Data in Spain Big data market in Spain has grown exponentially over the past few years, and 2019 is expected to reach $313.7 M Big Data market forecast in Spain
  • 8. Using big data, organizations can generate actionable insights that enable them to drive their business forward. Rapid integration of the ever-expanding pool of data sources and types opening a whole new world of possibilities. Wheredoweget thedata? Source: nextgov.com Source: columnfivemedia.com
  • 9. #01 #02 S E C O N D P A R T Y D A T A F I R S T P A R T Y D A T A Browser and serverside cookies set and recorded on visitors to web and app properties Cross-device Ids Device model, operating system, connection type, mobile network Personally Identifiable Information (PII) like name, email, phone, postal address Behavioural information such as who bought what and how often It is first party data made available for use by another organisation, shared with transparency. The organisation using the data knows where it came from, how it was collected, and what it signifies. The data sources are identical to those given above. Data ingestion from multiple on and off-line sources Data storage Data mapping Customer profiling Cross-device identity graphing Activation in media buying platforms Marketplaces for sharing and monetising data sets Analytics #03 T H I R D P A R T Y D A T A Method of collection DATA COLLECTED DIRECTLY BY THE ORGANIZATION DATA SHARED BY A TRUSTED SOURCE AGGREGATED DATA FROM OTHER SOURCES Source: :xelsionmedia.com
  • 10. B I J O U M E D I A M A R K E T I N G P R O P O S A L D a t a s t r u c t u r e Unstructured: Data that does not reside in fixed locations generally refers to free-form text, which is ubiquitous. Semi-structured : Between the two forms where “tags” or “structure” are associated or embedded within unstructured data. Structured: Data that resides in fixed fields within a record or file. Source: medium.com THE CHALLENGE IS TO STRUCTURE ALL THAT DATA Source: :sherpasoftware.com
  • 11. DATA WAREHOUSE (DWH) Where is all that data stored? A data warehouse is a large store of data accumulated from a varied range of sources within an organization. It is used to guide management decisions. ETL is normally a continuous, ongoing process with a well-defined workflow. It extracts data from homogeneous or heterogeneous data sources. Then, data is cleansed, enriched, transformed, and stored either back in the lake or in a data warehouse. Source: Xplenty
  • 12. DATA LAKE A data lake is a storage repository or a storage bank that holds a huge amount of raw data in its original format until it’s needed. ELT (Extract, Load, Transform) is a variant of ETL wherein the extracted data is first loaded into the target system. Transformations are performed after the data is loaded into the data warehouse. ELT typically works well when the target system is powerful enough to handle transformations. Source: Xplenty Where is all that data stored?
  • 13. Data Warehouse Data LakeVS DATA PROCESSING STORAGE AGILITY SECURITY USERS Structured, processed Structured, semi-structured, unstructured, raw Schema-on-write Schema-on-write Expensive for large data volumes Designed for low-cost storage Less agile fixed configuration Highly agile, configure & reconfigure as needed Mature Maturing Business professionals Data scientists Source: datamation.com
  • 14. H o w d o e s t h e d a t a a r r i v e s t o t h e D M P ? DATA LAKE DATA WAREHOUSE Capture Curate Aggregate Data Build Customer profiles Engage customers Activate DMP DSP Source: prnewswire.com
  • 16. THE 7 Vs OF BIG DATA 14% 14% 14% 14% 14% 14% 14% Velocity Variety Veracity Visualisation Viability Volume Value
  • 17. 1 . V O L U M E Amount of data that is generated in our environment THE 7 Vs OF BIG DATA Source: Medium
  • 18. 2 . V E L O C I T Y The speed in which data is accessible THE 7 Vs OF BIG DATA
  • 19. 3 . V A R I E T Y Forms, types and sources from which data are recorded THE 7 Vs OF BIG DATA Source:Medium
  • 20. 4 . V E R A C I T Y Is all about making sure the data is accurate THE 7 Vs OF BIG DATA Source:Medium
  • 21. 5 . V I A B I L I T Y The capacity of companies to generate an effective use of the large volume of data that handle. THE 7 Vs OF BIG DATA Source:Medium
  • 22. 6 . V I S U A L I Z A T I O N Importance of the visual representation, understandable of data in a pictorial or graphical format. THE 7 Vs OF BIG DATA Source: Mtkander
  • 23. 7 . V A L U E Be sure that your organization is getting value from the data THE 7 Vs OF BIG DATA Getting Business Value from Big Data #01 #02 #03 #04 Estimate Analyze Integrate Discover Estimate expediture & hardware investment Analyze streaming Big Data Integrate Big Data with older enterprise sources Discover new business opportunities Big Data is the ability to achieve greater value through insights from superior analytics Source: Medium
  • 25. New Professional Profiles DATA SCIENTIST DATA ANALYSTDATA ARCHITECT Cleans, massages and organizes (big) data Collects, processes and performs statistical data analysis Creates blueprints for data management systems to integrate, centralyze, protect and maintain data sources DATA ENGINEER Develop, constructs, tests and maintains architectures (such databases and large- scale processing systems) STATISCIAN DATABASE ADMINISTRATOR Collects, analyzes and interprets-qualitative as well as quantitative data with statistical theories and methods Ensures that the database is available to all relevant users, is performing properly and is being kept safe Source: Pinterest.com
  • 26. DATA TRANSPARENCY AND VISIBILITY Source: businessinsider.com Transparencyisakeyelementwhenpurchasingdata.Advertisersneed toknowthesourcewherethedataiscomingfromanddatasuppliers shouldalwaysprovidethisinformation. The85%oftheexpertsinmarketingandbusinessthinkthatitisnecessary toincreasethevisibilityofthedatausedtodefineaudiences,tobeableto takereallyadvantageofallthatdata.
  • 27. Source: powerdata.es DATA QUALITY It refers to the quality of a set of information collected in a database, an information system or a data warehouse with attributes like: accuracy, integrity, updating, coherence, relevance, accessibility and reliability necessary to be useful to the processing, analysis, and any other purpose that a user you want to give.
  • 28. The GDPR has been born of a need to regulate the flow of data and protect it, developing clear policies and procedures to protect personal data, and adopt appropriate technical and organisational measures
  • 29. THE NEW GDPR Source: powerdata.es
  • 30. W. Edwards Deming Data Scientist " " source:@reymondin
  • 31. spain@datmean.com EMAIL www.datmean.com WEBSITE +34 91 052 83 84 PHONE NUMBER EASTWAY UNIVERSITY OF SOCIAL SCIENCES @DatmeanOfficialDatmean Datmean