Big Data Analytics Overview and Insights
Big Data Analytics Overview and Insights
com
[Link] Study
‘Nowcasting’ economic activity in Colombia
PwC
Introduction to
Big Data
What it is and Why it
Matters
01
What is Big Data?
“Big Data” exceeds the capacity of traditional analytics and information
management paradigms across what is known as the 4 V’s: Volume, Variety,
Velocity, and Veracity
• Does not account for biases, • Data is stored, and mined meaningful to the
noise and abnormality in problem being analyzed
data
• Keeps data clean and processes to keep ‘dirty
data’ from accumulating in your systems
In real-time:
Velocity
• Analysis is limited to small data • Scalable for huge amounts of multi-sourced data
Volume
sets
• Facilitation of massively parallel processing
• Analyzing large data sets =
• Low-cost data storage
High Costs & High Memory
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Types of Big Data
Variety is the most unique aspect of Big Data. New technologies and new
types of data have driven much of the evolution around Big Data.
Performance Exploration for, and discovery of, new needs, can drive organizations
Improvement to fine tune for optimal performance and efficiency (employee data).
New Business Discovery of trends will lead organizations to form new business
models to adapt by creating new service offerings for their customers.
Models/Service
Intermediary companies with big data expertise will provide analytics
s
to 3rd parties.
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$1 One study estimated the potential value of big
data in the U.S. health care, European public
sector administration, global personal location
Structured, semi-structured
or unstructured information
distinguished by one or
more of the four “V”s:
Veracity, Velocity, Variety,
Volume. Big Data Open
Data
Public, freely available
data
Crowdsourced
Data
Graphic and definitions based on “Big Data in Action for Development,” World Bank, [Link]
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Big Data
Analytics
Putting Big Data to Work
02
It’s not just about the data…
It is important to understand the distinction between Big Data sets (large,
unstructured, fast, and uncertain data) and ‘Big Data Analytics’.
3 Modeling Willingness-
• Mining product reviews to estimate
willingness-to-pay for product features
to-Pay
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… It’s also about what, how, and why you use it
Big Data Analytics – the process of harnessing Big Data to yield actionable
insights – is a combination of five key elements:
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Big Data Analytical Capabilities
Continuing increases in processing capacity have opened the door to a range
of advanced algorithms and modeling techniques that can produce valuable
insights from Big Data.
Structured Unstructured
A/B/N Testing
Experiment to find Classification Simulation Spatial Analysis
the most effective Organize data Modeling Extract geographic
variation of a points into known Experiment with a or topological
website, product, categories system virtually information
etc
Sentiment
Visualization Complex Event
Predictive Analysis
Use visual Processing
Modeling Extract consumer
representations of Combine data
Use data to forecast reactions based on
data to find and sources to
Emerging
Continuous
Analytics
Prescriptive
Analytics How do we adapt
Predictive to change?
What should be
Analytics Monitor, decide, and
done?
Increasing Business Value
act autonomously or
Diagnostic Recommend ‘right’
What could semi-autonomously
Analytics or optimal actions
happen?
Descriptive or decisions
Why did it Predict future • Monitor results on a
Analytics outcomes based on continuous basis
happen? • Real-time product
Identify causes of the past • Dynamically adjust
What happened? and service
Describe, trends and propositions (graph strategies based on
outcomes • Forward-looking
summarize and analysis, entity changing
view of current and
analyze historical • Observed behavior resolution on data environment and
future value
data or events lakes to infer improved
• Sentiment Scoring predictions
• Non-traditional data present customer
• Observed behavior • Graph analysis and need) • Agent-based and
sources such as
or events Natural Language • Rapid evaluation of dynamic simulation
social listening and
• Non-traditional data Processing to multiple ‘what-if’ models, time-series
web crawling
sources such as identify hidden scenarios analysis
• Statistical and relationships and
social listening and • Optimization
regression analysis themes
web crawling decisions and
• Dynamic • Dual objective
actions
visualization models
• Behavioral
Increasing Sophistication of Data & Analytics
economics
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Examples of Big Data Analytics in Action
Market Leaders are leveraging Big Data Analytics to generate value by
starting with a business need and focusing on implementing actionable
insights quickly and decisively
Business Need Big Data Analytics Impact
Company Business Need Data and Analytics Impact
Greater tailoring of credit Statistical model based on public Net revenue grew at a
card offers to fit customer credit and demographic data to CAGR of 32% from 1994
needs target customized products to to 2003; prompted
customers competitors to shift focus
to data and analytics
Data-enabled engine Analysis of sensor data from Over 70% annual
prognostics, monitoring, hundreds of sensors in 4,000 revenue from the aircraft
maintenance and repair engines to identify and solve engine division
issues weeks in advance attributable to this
service
Search-to-purchase Semantic search, which enables Increases 10-15% the
conversion by anticipating discovery using algorithms that likelihood that a customer
intent of a shopper’s search rank results via social signals will complete their
and delivering relevant results from around the web purchase – translating to
millions of dollars in
revenue
Transformation from Analysis of data from 66 million Revenue and
subscription streaming service subscribers’ viewing habits and subscriber base
to original content producer preferences increased by 15% and
9% respectively in 2013
Leverage Internet of Things Launched software to help Estimated 1% reduction
(IoT) by connecting machines airlines and railroads move their in fuel costs, projected to
PwC to facilitate data-enabled data to the cloud and predict save the airline industry 16
prognostics, increase efficiency mechanical malfunctions, $30 billion over 15
Big Data Analytics in Development
Big Data Analytics is making an equally impressive impact on Development
interventions – allowing decision-makers to reach and serve previously
neglected populations.
Business Need Big Data Analytics Impact
Company Business Need Data and Analytics Impact
More transparent, reliable, Web scraping of online price data Government statistical
and low-cost method to used to produce price indices, offices shifting to
track inflation in Argentina and econometric analysis used to accept Big Data. Central
model disaggregated impacts of banks using Big Data to
policies see day-to-day volatility.
Understand how migrants Iterative analysis of call detail Informing labor policy
act as arbitrageurs to bring records (CDRs) to track design in low-income
labor markets into equilibrium movement of migrants in countries to incentivize
response to local shocks to labor or disincentivize
demand (weather, economy, migratory behavior
conflict, etc.)
The city of Rio de Janeiro The city combines data from 30 Rio has improved
wanted to improve its city agencies – including weather, emergency response
emergency response by satellite, video, GPS, historic time by 30%, catalogued
better predicting heavy rainfall rainfall, and topographic survey 200+ flood points, and
and subsequent severe data – in a central Operations can now predict heavy
landslides and flooding Center rains 48 hours in advance
on a half-km basis
Create a better ecosystem Remote crowdsourced data M-PESA is being used to
for mobile services in the gathered via cell phones used to lower costs for farmers
agricultural sectors of connect farmers to markets, to receive loans and
Kenya, Tanzania, and assess farmers’ credit perform transactions
Mozambique worthiness, and incubate new with distributers and
PwC mobile businesses with greater buyers, as well as to 17
predictors of success provide geography-
Creating a Big
Data-Enabled
Organization
Bringing Big Data home
03
Step 1: Be Yourself
Beginning with a clear understanding of the specific questions you intend to
use Big Data Analytics to address can help guide where and which data
solutions are deployed.
Value
enhancement Delivering future value
• Data-driven decision-making in real time
• Use analytics to develop new
programs/opportunities
• Relies heavily on data supplied by others
• Often struggles to move away from
exclusively intuitive decision-making
Strategic
Enabling strategy and improving
performance
• Use analytics to reduce political
divergence and drive consensus
• Real-time analytics to enable quick
responses to events
• Use data to develop personalized
Tactical services
• Need for more objective and higher
Value quality data
Day to day operations
enablement • Struggle to move from narrow focus on
reactive operations to more proactive,
comprehensive management of daily
operations
• High value for digitization of operational
processes across program units
Operational • Often already proficient in traditional
business intelligence
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Step 2: Secure People & Skills
The competencies required of “data scientists” within an analytics
organization or project converge from multiple skill domains.
Subject Area or
Expertise in Domain Deep understanding of industry,
statistical Expertise subject area, or research
techniques, tools domain to help determine which
and languages questions need answering and
used to run on what frequency, specificity,
analyses that or geography
generate insights
to effectively
determine and Computer
communicate Statistical & Science &
actionable insights Mathematica Programming
l
Comfort in programming
across various languages,
a thorough understanding
of external and internal
data sources, data
gathering, storing, and
Organization-
retrieving methods which
specific
Organization-specific knowledge about Information help combine disparate
data assets – including enterprise Knowledge data sources to generate
“metadata” – their location and unique insights
appropriate business context for use in
advanced analytics
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Step 3: Let objectives dictate structure, not vice versa
How analytics efforts or organizations are structured – whether reporting is
vertically or horizontally aligned, how interconnected or autonomous separate
units are, how resources and successes are shared – can influence efficiency
and impact. Distributed Analytics Federated Analytics Centralized Analytics
CENTRAL Analytics CENTRAL Analytics CENTRAL Analytics
Competency Center Competency Center Competency Center
BI BI BI
Applications Applications Applications
• Managed locally • Managed locally, but connected • Controlled centrally, with units
Analytics Tools to group framework having access to shared
resources
• Placed within individual units • Placed within individual units • Placed within central analytics
Analytics Staff/
• Skills tailored to specific region or team, available as needed to
Competencies subject matter support individual units
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The ‘Hub-Spoke’ operating model often serves as a well-
synchronized, connected system
4 3 2 1
Local Local Centers of Competency Global
Business Central Business
Adoption Excellence Center
Operations Decision Hub Strategy
of Practices (Regional) (‘Standards’)
4 4
Local
Local
‘Spoke
‘Spoke
Local ’
’
‘Spoke
’ 3
4 4
Sample Hub-Spoke Local
Local
‘Spoke Interaction Model Center of ‘Spoke
Competency Excellenc ’
’
Center e
3
2
4 (Regional)
Center of Central 4
Local Local
Excellenc Decision
‘Spoke ‘Spoke
’ e 1 Hub
’
(Regional)
4
Local ‘Standardizatio Local
4
‘Spoke n’ ‘Spoke
’ ’
4
Center of
Local Excellenc Local
4
‘Spoke e ‘Spoke
’ 3 (Regional) ’
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Step 4: Invest in Appropriate Infrastructure
Big Data introduces challenges related to data volume and variety, processing
constraints, and new data structures that traditional data infrastructure is not
equipped to support
Objective Considerations Impact
Dictates performance needs along with
Analysis Type data structures and processing
Identify the type of
analysis that will architecture
Analytics be conducted and Analysis
Interface could restrict the ability to
Capabilities define which Flexibility perform analysis ad hoc and restrict ability
analytics Analysis to update
capabilities will be Structures Support for analysis specific data
employed structures can improve performance and
reduce analysis effort
Size
Size of data sets introduce need for
scalable infrastructure and
Data Variety Define the data set Structure performance
that will be used
for the analysis Variability of source data models and
including its Sources data set structure require data model
sources, size, and flexibility
structure Diverse sources will require scalability,
Frequency
model flexibility, and flexible interfaces
3. Innovate, invest in, and build new analytics capabilities, and gradually push them
out to the business as user sophistication matures (e.g., data visualization).
8. Allow distributed analytics where it makes sense, but tightly govern and ensure
cataloguing.
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Case Study
‘Nowcasting’ Economic
Activity in Colombia
04
Situation
In Colombia, the leading economic
indicators used to analyze economic
activity have an average lag of 10 weeks.
This presents challenges for the well-
timed design of economic policy and
monitoring of economic shocks or trends.
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Brainstorming Breakout
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Solution
Ahorro – savings
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Example: “Ahorro” vs. Unemployment Rate
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Example: “Zapatos” vs. Employment Rate
Zapatos – shoes
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Example: “Zapatos” vs. Employment Rate
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Find Out More
Melanie Thomas Armstrong Jean Young
Leading Partner Managing Director
International Public Sector International Public Sector Data Analytics
+1 (202) 320-7098 +1 (703) 918-1001
[Link]@[Link] [Link]@[Link]
This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the
information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the
accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, PricewaterhouseCoopers LLP, its members,
employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to
act, in reliance on the information contained in this publication or for any decision based on it.
© 2017 PricewaterhouseCoopers LLP. All rights reserved. In this document, “PwC” refers to PricewaterhouseCoopers LLP which is a member firm of
PricewaterhouseCoopers International Limited, each member firm of which is a separate legal entity.
PwC 36
Appendix
Emerging Data
Storage and
Infrastructure
Options
Building an Analytics Organization: Critical Components
Emerging Infrastructure – Data Storage
Options
Distributed Processing Hadoop and similar solutions that
provide scalable distributed storage and
distributed computation on commodity
hardware
Introduction to Hadoop
Limited depending on
Data Size Unlimited
selected RDBMS.
Supports various
serialization and data Supports a single tabular
Data Formats formats (e.g. text, JSON, data format.
XML, etc)
Distributed scaling from Scaling is possible, but is
the ground up – simply add typically more complex and
Scaling more nodes to increase cannot be performed at a
capacity node level.
Sources: [Link]
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Building an Analytics Organization: Critical Components
Emerging Infrastructure – Data Storage
Options
NoSQL Embedded and persisted storage that
implement data models through
document, graph, and dictionary
structures
NoSQL - Storage Types
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Building an Analytics Organization: Critical Components
Emerging Infrastructure – Data Storage
Options
Cloud Computing The model is compelling; cloud computing can improve
flexibility, scalability and cost management. Businesses best
able to realize the potential will establish a cohesive business
strategy as cloud computing can transform your entire
organization — people, processes, and systems
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Text Mining/Analytics Tools Cont.
Tool kits that provide capabilities for identifying and analyzing
features within individual or groups of texts
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Resources
Tutorials, Tools, Applications, and Research Groups
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DeepQA, Image
Analytics, and
Audio Analytics
DeepQA
Overview and Introduction
What is DeepQA?
• DeepQA forms that core of Watson, the
open domain question analysis and
answering system
• The DeepQA stack is comprised of set of
search, NLP, learning, and scoring
algorithms
• DeepQA operates on a distributed
computing infrastructure that leverages
Map Reduce and the Unstructured
What is the target problem set?
Information Management Architecture
• Understanding the meaning and context
of human language
• Searching and retrieving information
from large library of unstructured
information
• Identifying accurate and precise answers
to questions that are complex and must
sourced from a large knowledge set
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DeepQA Infrastructure Technology
Data Management and Search
Technology Links
Unstructured
Information UIMA Link
Architecture
MySQL Link
SQL Server
Apache Derby Link
Java Natural Open NLP Link
Language
Toolkit Stanford NLP Link
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DeepQA Infrastructure Technology
Platform and Administration
Technology Links
VMWare Link
Virtualization
Host
Zen Link
File
Management/ rSync Link
Archival
OS Fedora Link
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Business Applications
DeepQA provides capabilities that can facilitate knowledge
discovery, improve customer interaction, and uncover hidden facts
Overview Objectives
• Identify information about a subject through deep
Search internal and external analysis of internal and external information
Knowledge unstructured/structured sources
Discovery information assets to uncover • Answer questions about a business problem or
previously unknown knowledge trend that may be difficult to analyze within
traditional data sources
Search documents and • Identify business topics and trends within
communications to uncover communication and documents
E-Discovery
relevant information associated • Search for non compliance activities within internal
with a specific topic and external data sources
Search through single or • Identify key facts or issues that comprise a contract
Contract multiple contracts to answer or sets of contracts
Evaluations specific questions about the • Identify contracts or legal documents that contain
nature of the contract similar entities or features
Provide the ability to interact • Provide a platform for automatically answering
Relationship with consumers providing consumer questions about products or services
Management precise responses to technical • Reduce reliance on call centers and improve
and open domain questions interaction with consumers
Search consumer • Identify background information about consumers
Consumer communications, social media, • Identify consumer qualities that create risks or
Discovery and sales information to identify represent opportunities
opportunities and demographics
Technical • Utilize unstructured data and communications to
Find answers to technical and identify solutions or root causes to system and
Troubleshootin
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g
Areas for Further Research
Infrastructure/Tools and Search Technologies/Concepts
Topic Research
The tool is used to distribute queries, analysis, and other processing activities
Hadoop across multiple CPUs. Further research is required to understand the tools
Map/Reduce architecture and how to integrate it with other tool kits. OpenNLP, UIMA,
Lucene, etc.
A Java library for NLP tasks. Need to evaluate the tools capabilities and gaps
OpenNLP
as well as how it can be incorporated into the UIMA
Tools An open common sense reasoning platform. Need to better understand the
OpenCYC
tools role as well as how it fits within the other technologies
An architecture for managing unstructured data. Further research is needed
UIMA to understand how to run in parallel and how the SDK can be applied to NLP
activities
A text search platform. Further research is needed to understand the library
Lucene
and how to incorporate it into UIMA
Algorithms are used to score search results based on their alignment with the
Text Search
question. Further research is needed to understand what models and scoring
Scoring
metrics can be applied to search results at various phases of DeepQA.
Triple stores maintain data in a subject-predicate-object structure and is used
Triple Store
for turning around quick facts. Further research is needed to understand the
Search
Search philosophy and technologies behind these data storage mechanisms
Commonsens Research is required to understand the branch of AI, technologies and role
e Reasoning within DeepQA.
Document/ Generate research on information and document retrieval practices.
Information Technologies and algorithms need to be reviewed. Falls within a broader
Retrieval research topic for enterprise search.
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Areas for Further Research
Machine Learning and Natural Language Processing
Topic Description
Research the concept and how they are to used evaluate learning models
MetaLearners and assign a confidence score based on the learning models that are used to
rank search results
Machine Question Identify techniques and models that can be employed to analyze and classify
Learning Classification questions
Search Research models are available for ranking search results based on the
Ranking various search and recall techniques that are employed for a question
Models
Logical Form Research how SNA is used to discover logical relationships within text and
Analysis product an understanding about the information within the text
Semantic Identify tools and algorithms that are employed to uncover semantic
Structure relationships within texts/phrases and how these relationships can be
Analysis applied to extract relevant information for question analysis and search
NLP Relationship Research techniques and tools for uncovering temporal, geospatial and
Analysis spatial relationships within a knowledge set
Feature Evaluate tools and algorithms that are used to extract features of entities
Extraction from text and identify methods for structuring the data for search
Phrase Identify algorithms and tools that can be applied to extract key phrases from
Analysis text based on a search context
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URLs
Overviews and Applications
Links
The AI Behind Watson
How to build a Watson Jr.
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Image Analytics Overview
How can we extract insight from images and video?
Overview
• The process of pulling relevant
information from an image or sets of
images for advanced classification and
traditional analysis
• Applies image capture, image
processing, and machine learning
techniques to extract, quantify, and
structure, image information
Advantages
• Provides a method to structure,
organize, and search information that is
stored within images
• Offers an additional data set that can be
applied to understanding consumer
behavior, automating business
processes, and discovering knowledge
enterprise content
58
PwC
Image Analytics Tools
There are few standalone packages that are capable of performing
robust image analysis; however, solutions can be developed using
existing frameworks and analytics toolkits
Image Computer Machine
Tool Overview
Processing Vision Learning
Open source library of computer
OpenCV vision functions that is accessible X X X
via C, Java, and Python
Integrated image analysis
PAXit
Image Analy
platform that provides basic X X
sis feature identification functions
Java based image processing
platform that can be accessed via
ImageJ
an API and expanded with custom X
plugins
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URLs
Tutorials, Tools, Applications, and Research Groups
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Audio Analytics Overview
How can we extract insight from audio and voice media?
Overview
• The process of capturing audio and analyzing
its features as to extract content and context
of an event
• Applies speech analysis and signal
processing principles to structure audio
information for analysis via NLP or traditional
analytics techniques
Advantages
• Provides a method for identifying events or
common patterns within sound bytes
• Offers a way of capturing not only the content
and topics within a conversation, but also the
emotions and context
61
PwC
Audio Analytics: Capabilities and Insights
What data can we capture from sound bites that can be used to
enhance other data or analysis?
Sound
• Rate – defines how quickly a sound or a
pattern of sound is occurring and can
be used to evaluate the nature of an
exchange, the state of the sound
Rate
Time source, and context of the topic
• Power and Intensity – measures the
loudness of the sound or event and
Sound or Pitch
provides a way of evaluating the mood
Frequency
Analysis Objectives
• Capture and structure the content of
conversations
Analyze conversations to • Utilize structured speech as an input to text
Voice
capture speech as text based mining and natural language processing
Recognition dialog capabilities
• Combine phone based conversations with other
interaction data sets
PwC 63
Audio Analytics Tools
There are few tools on the market that provide a broad range of
audio analysis capabilities. However, basic audio analysis and
natural language tool kits can be combined for robust analytics
Information
Tool Overview Audio Processing
Retrieval
A C++ library that provides varying level
Clam of audio processing and information X X
retrieval capabilities
A tool that is capable of translating calls
to a more structured text data set and
CallMiner
combining with other communication X
forms
Logs calls and structures audio for text
Nuance
based search and retrieval X
Aduio feature extraction toolkit with
yaafe
wrappers for several languages X
PRAAT Multiple platform audio analysis toolkit X
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URLs
Tutorials, Tools, Applications, and Research Groups
and Papers
Tools and Data Audio analysis package
PwC 65
Social Network
Analysis
Applications
Analyze organizational structures to identify opportunities that can
improve communication, productivity, and collaborations
Analysis Objectives
Evaluate team structures , • Identify team structures that are not effective
information flows among team
Collaboration • Identify informal organizational structures
members, and information
Analysis exchanges with other teams to • Identify individuals/roles or groups that are
improve working structures influential to collaborative work environments
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Applications
Analyze network structures, communication channels, and
information flows to identify operational enhancements
Analysis Objectives
Assess organizational • Identify communication improvements to disaster
structures and communication recovery teams
Disaster recovery patterns as they relate to the • Identify weak links among functional groups to
planning groups that play a role in improve collaboration during recovery plan
disaster recovery plans execution
Assess how data points or • Identify overlapping information sets and
Data/ information sets originate or bottlenecks for information dissemination
Information are distributed across the • Assess how organization structures or information
Dissemination enterprise to their intended architecture impact the flow of information to its
targets targets
Assess the organization or • Identify network agents that collaborate with
external network to identify known fraudulent agents
Fraud
communication or • Identify activities that align with known fraudulent
Detection /
collaboration patterns that behavior
prevention align with known fraudulent
activity
Analyze the organization • Identify process improvements through discovery
structure and communication of hidden process steps, communication flows , and
Process patterns to uncover process actors
Discovery / improvements or identify new • Discover undocumented or informal processes that
Improvement processes are hidden within frequent collaboration and
communication paths
Evaluate the structure of a • Identify communication gaps that could impact
supply network and the dependent process or operations
PwC Supply Chain interactions among the entities • Identify strategic relationships to optimize the 68
Analysis that comprise the network to supply network
Applications
Analyze social media networks and consumer feedback to improve
product offerings and market interactions
Analysis Objectives
Observe how a specific topic, • Assess how target consumers/market will react to
Novelty/
news articles or sentiment a piece of news or campaign
Sentiment diffuses through a consumer • Evaluate how long news, data, or sentiment will
Diffusion network be retained within a system and how far it will
Analysis spread
Monitor and analyze • Identify individuals or groups that influence
Market connections within social markets and adoption
Influencer media networks to identify • Identify untapped markets
Identification markets or consumers that are
• Identify market segments as targets for ad
influential within communities
campaigns to improve product/service adoption
Analyze the connections and • Improve product or service offerings based on
consumer attributes within the attributes that connect the consumer market
Consumer target market to discover • Develop strategies to target new or existing
Segmentation communities or groups with consumers based on identified segmentation
common characteristics characteristics
Analyze the flow of • Identify segments or individuals that will be likely
Product or communication or ideas early adopters
Brand Diffusion through a market segment to • Identify incentives or campaigns that will improve
Analysis evaluate how a product may product/service adoption
diffuse
Analyze consumer network • Identify new feature sets for products and services
connections and common • Assess new markets for selling similar or new
Recommendatio features among consumers to products
n Systems develop recommendations
PwC • Target consumers with specific products or 69
services
Tools
Social network analysis plug-ins and APIs for development/scripting
languages and data analysis tools
PwC 70
Tools
Proprietary and open source social network analysis interactive
application suites
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Resources
Tutorials, Tools, Applications, and Research Groups
Introductory Lecture
PwC 72
Additional Case
Studies
Example 1
Source: Bruce Bigelow, Big Data, Big Biology, and the ‘Tipping Point’ in Quantified Health: Takeaways from Xconomy’s On-the-Record Dinner,
Xconomy, April 26, 2012
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Example 3
Source: “Liu M, Wu Y, Chen Y, et al . Large-scale prediction of adverse drug reactions by integrating chemical, biological, and phenotypic
properties of drugs. J Am Med Inform Assoc 2012;19:e28–35.
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Other Examples
Satellite Data
Hartford Steam Boiler
Allianz Locatio
n Hartford Steam Boiler is using
Allianz is ‘mashing’ satellite sensors and real-time sensor data
data, third-party street-level to monitor assets, reduce losses
data, images, and other and manage risks better
internal data to better
understand risk Map Data Property-Specific Hartford Steam Boiler has been
concentrations and manage Data able to manage concentration
concentration risk in risks and reduce losses, having
commercial property one of the lowest combined ratios
insurance for a commercial insurer
Executives are currently using big data to uncover what is currently going on in
their business, to understand why, to predict future performance and to understand
what actions P&G should take
Source: “Procter & Gamble – Business Sphere and Decision Cockpits”, Ravi Kalakota, Pratical Analytics Wordpress, Feb. 2012,
[Link]/cancer-care; [Link], Healthcare IT News, IBM Watson to Aid Sloan-Kettering With Cancer Research, March
2012
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Big Data
Analytics
Technology &
Vendor
Mappings
Big Data Analytics – Technology & Vendor Mappings
HP Private Cloud HP
HP Helion HP
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Big Data Analytics – Technology & Vendor Mappings
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Big Data Analytics – Technology & Vendor Mappings
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Big Data Analytics – Technology & Vendor Mappings
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Big Data Analytics – Technology & Vendor Mappings
Riak Basho
AWS DynamoDB Amazon Web Services
Couchbase Couchbase
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Big Data Analytics – Technology & Vendor Mappings
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