SlideShare una empresa de Scribd logo
1 de 20
Descargar para leer sin conexión
Big & Fast Data:
The Democratization of Information
Moving from the Enterprise Data Warehouse to the Business Data Lake
2 Big & Fast Data: The Democratization of Information
Table of Contents
Forewords	04
	 Steve Jones, Vice President for Global Big Data, Capgemini Insights & Data 	04
	 Paul Gittins, Global Alliance Executive, Capgemini Global Channels & Partners	 05
Executive summary	 06
What organizations want to achieve with data-derived insights 	 07
Setting the strategic direction but delivering incrementally	 07
The need for the democratization of data and analytics	 08
Yesterday’s technology falls short of today’s aspirations	 09
Emerging approaches enable the insight-led organization	 11
	 Benefits of the BDL 	11
	 How it works	 12
	 Speed of adoption is of the essence	 12
Architectural view of the Business Data Lake	 13
Use case 1: Internet of Things	 14
Use case 2: Transforming operational reporting	 15
Use case 3: Anomalous behavior detection	 15
IT’s new opportunity as the data broker to the enterprise	 16
7 guiding principles	 17
Conclusion	19
3
the way we see itInsights & Data
Capgemini has always taken a business
rather than technically focused
approach to information. With the
Business Data Lake Capgemini and
Pivotal started from a simple question:
what does the business want to see?
From that question came recognition
that traditional approaches were more
about IT cost control than delivering
business value.
What is clear from the report is
that many companies are already
starting a transformation and seeing
significant new business value from
breaking out of traditional information
silos such as the enterprise data
warehouse. The majority however are
suffering frustration with their current
approaches, most notably the delivery
methods of IT, and are not realizing the
value that they say is there.
This report outlines many of the
challenges companies are facing and
solutions to removing that frustration
in order that they can transition to a
new information landscape - one which
works in harmony with the business.
Forewords
Steve Jones
Vice President for Global Big Data
Capgemini Insights & Data
4 Big & Fast Data: The Democratization of Information
Paul Gittins
Global Alliance Executive
Capgemini Global Channels & Partners
Is it possible that ubiquitous analytics
represents the next phase of the
information age? New business models
are emerging, enabled by big data that
business leaders are eager to adopt in
order to gain advantage and critically, to
mitigate disruptive threats from startups
and parallel industries. The winners are
likely to be those that master a cultural
shift as well as a technology evolution.
Our view is this will be realized through
the alignment of a business-centric
big data strategy, combined with
democratization of the analytical tools,
platforms and data lakes that will
enable business stakeholders to create,
industrialize and integrate insights into
their business processes.
Innovative approaches are needed to free
up data from silos whilst encouraging
both the sharing and the continuous
improvement of insights across the
business. While it will be evolution for
some, revolution for others; the risk
of status quo is not just the loss of
opportunity but also a widening gap
between business and the internal
technology functions.
5
the way we see itInsights & Data
Executive summary
Data-driven insights, enabled by big data and integrated
into operational processes, are delivering four key types of
business value:
•	 Efficiency and cost focus
•	 Growth of existing business streams
•	 Growth through market disruption from new
revenue streams
•	 Monetization of data itself, with the creation of new lines of
business
Underpinning these new models are new technology
capabilities that allow businesses to deliver value in line with
their strategic goals. In practice, this means democratizing
access to analytics so that decision-makers at all levels can
create and enhance the insights that they need, posing their
own “what if” questions to a rich substrate of data.
Our recent research1
confirms that current business
intelligence technology such as the enterprise data warehouse
(EDW) is not able to provide these capabilities. At best, only
the most senior decision-makers have access to the insights
that they need. More often, everyone is limited to structured
data created within a fragmented set of spreadsheets, data
marts and warehouses.
The research shows that the traditional lengthy development
cycles for new insights from IT based on EDW architectures
has led to businesses not only questioning those traditional
processes but also bypassing IT entirely in their quest to
deliver new business value from analytics.
The Business Data Lake (BDL) represents a new approach to
the creation of analytical insights for the business, from the
acceleration of traditional enterprise reporting through to new
analytics driven by data science. The BDL works with high
volumes of structured and unstructured data, storing them at
low cost and making insights rapidly available throughout the
enterprise. It can coexist with earlier investments, accelerating
the evolution of the information landscape.
By introducing the BDL, and moving towards a more iterative
and agile approach to analytics and insight delivery, CIOs can
evolve their information landscape to reposition the IT function
as the business’s “insight enabler”. As a result, decision-
makers at all levels of the business will be able to seize the
opportunities of big and fast data more rapidly and so gain
competitive advantage.
1	Big & Fast Data: The Rise of Insight-Driven Business, 2015
6 Big & Fast Data: The Democratization of Information
What organizations want to
achieve with data-derived insights
In our recent report Big & Fast Data: The Rise of
Insight-Driven Business, we discussed how data-
driven insights are changing businesses, and
identified the four key ways businesses are looking to
drive new value from analytical insights:
1.	 Efficiency and cost reduction
By leveraging both real-time data and historical
information predictive analytics and adaptive insight-
driven processes can reduce bottom line costs and drive
operational improvements. These can provide increased
margins or reduced cost to market. An example would
be the use of predictive maintenance and intelligent
workforce scheduling to reduce down-times and minimize
service visits.
2.	 Growth of existing business streams
New analytics is changing the way businesses engage
with customers. Top-line growth and increased margins
can be achieved by more targeted insights that select,
target and support key customers. For instance, better
insight in retail marketing and couponing can result in
not only better direct impact but also secondary impacts
through the use of social media distribution.
3.	 Growth through market disruption from new revenue
streams
Analytics and insight can deliver new ways to sell existing
products. Here the service model is changed and so the
economics of addressing the market. The shift of the aero
engine industry away from selling engines to providing
engine hours is an insight and data driven shift.
4.	 Monetization of data itself, with the creation of new
lines of business
As data volumes increase and analytics becomes the
differentiation, so the data itself becomes a valuable
business commodity. Companies like Facebook, Twitter
and Google are fundamentally driven by their data and it is
this that underpins their financial valuations. The ability to
find value from data and monetize it provides dramatically
different economic leverage in an insight driven world.
To realize these new opportunities, the business needs
technology capabilities that can deliver insights to support
both the organization’s overall strategy and the demands of
individual lines of business. The majority of businesses are
adopting an incremental approach, as described in the panel.
Source: Big & Fast Data: The Rise of Insight-Driven Business, p15
Setting the strategic direction
but delivering incrementally
A new mindset is emerging that involves
quickly building proofs of concept, “failing
fast”, and then, where value is found, scaling
rapidly – in weeks or months – rather than
launching multi-year programs. Execution
takes place in three phases:
1.	 Proving value: We find the most successful
programs start by addressing a few real business
use-case opportunities. This creates a much
stronger dialogue between IT and business.
Even at this point it is important to understand
the path to scaling out the capability for the
business, otherwise these become dead end
initiatives. (Some programs try to shortcut this
phase by performing a technology evaluation. In
our experience this approach actually increases
time to value, as the business is less engaged and
cannot attach real business value to the outcome.)
2.	 Expansion to pilot: Companies often choose an
entire line of business for migration to the new
environment, with a focus on ensuring scalability,
performance and adoption.
3.	 Enterprise adoption and uptake: Some companies
start to migrate specific business units or
functional areas, with a focus on expanding use
cases and enhancing platform capabilities.
What sets the successful programs apart is that they
take this business-centric incremental approach within
the framework of a clear strategy, ensuring a long term
focus on moving towards a converged information
landscape which is aligned with long term business
objectives.
7
the way we see itInsights & Data
The need for the democratization
of data and analytics
In determining the right technology strategy to realize
the types of opportunities identified in the preceding
section, business users are asking key questions:
•	 How do I align the pace of insight creation – the “time to
insight” – to the pace of my business opportunity?
•	 How do I integrate the insight into my decisions to drive an
appropriate action?
•	 How can I ensure I am not constrained by the insights that
other areas of the business are trying to obtain?
•	 How do I industrialize and deploy these insight services
across the business and minimize the time to value?
It is not usually realistic to expect IT alone to be able to
respond to these needs individually. Historically, requests to
IT for mechanisms to analyze data in new ways just take too
long to fulfill. The constraints of single-schema EDW models
mean that by the time the insight is available the opportunity
has passed.
To overcome these limitations, instead of just delivering
insights to business functions on request, IT needs to provide
business users with first an increasingly rich data substrate
that they can access to create insights of their own, and
second analytical tools and services that vastly expand the
analytical capacity of the organization.
By providing these two things IT enables and supports the
evolution of the way the business uses data and insight:
•	 Business areas can focus on the distillation they want to
match their needs, rather than all parties needing to agree
on a single enterprise wide schema before getting any
value. These business area focused views match their
challenges and perspectives, without having a multi-year
program to gain alignment on the meaning of each data
type being used in the business.
•	 The business can move beyond viewing history to adopting
new capabilities: real-time reporting, predictive analytics,
and machine learning. These new capabilities can move far
beyond the traditional EDW, with in-transaction response
times or complex mathematics that require fundamentally
different approaches from those that simply report the facts
of the past.
With a data substrate and matched analytical services in
place, lines of business can interrogate wide data sets using
a broad choice of analytical tools, asking “what if” type
questions, predictive analytics, machine learning as well as
traditional linear reports. They can leverage existing insight
models that have been enhanced with previous insights or
create new ones, both at a pace that enables them to seize
opportunities as they emerge, without being constrained or
rushed by the pace of other units’ needs.
This approach is democratic in two senses. First, data is
directly available to the business with minimal IT intervention.
Second, decision-makers at any level of the business can
access all the information they have permission to receive.
This moves away from a central, planned, committee-based
approach that dictates the way data is organized and limits the
variety of new analyses that are possible.
The result is a more agile business that is better poised to
build competitive advantage.
Time to insight: the speed from data ingest
and analysis to resultant insights that can drive
action. The criticality of this speed depends on
the opportunity and the window for response.
For example, the window from surfacing an
insight on a customer and providing the next-
best-action might be two seconds when the
customer calls a contact center.
Time to value: the speed at which insight
capabilities, once developed, can be deployed,
scaled and made available to the business
owners. The faster they can be deployed
the greater the competitive advantage.
Development and deployment might take
place 10 days ahead of a 30 days, short-term
marketing campaign.
8 Big & Fast Data: The Democratization of Information
Yesterday’s technology falls
short of today’s aspirations
Democratizing insight is not a totally new idea. Ideas like self-
service business intelligence have been around for a long
time, and there were high hopes that the EDW would make
business users less dependent on the IT function for their
insights and more able to interrogate the data for themselves.
Traditional solutions provide various levels and types of
analyses of structured data, but are not designed to handle
either the volumes or varieties of data that are currently
available to the business.
Fundamentally, these older solutions were designed to report
on data after the fact: to show what has already happened.
Today’s challenges are to report on what is happening now
and what will happen in the future.
As new data sources, especially unstructured data, become
important to the business, the restrictions lead to breakaway
business solutions that can better represent what the
business wants to see.
One provocative view is that it is not surprising that the EDW has failed to achieve democratization. Its goal
was to be the single place for the end-to-end enterprise information capability, empowering individuals across
the organization.
The reality, however, is that EDW-based approaches are biased towards committee-based decision-making.
In an EDW, there is a single schema defining the data; experience shows that this definition usually ends up
serving the needs of a narrow subset of the organization, while the rest generally have to make do with views
of the data that represent a significant compromise of various conflicting or misaligned requirements.
The compromise of data views in enterprise environments
The reality in the business is that analytics to date is built from data that has a fundamental compromise: it is
of uncertain veracity; the real-time data that is increasingly required for decision-making is not available; and
insights are not connected to business actions.
The
Dimensions
of data use in
the enterprise
Fit How fit for purpose is my view of data?
How much granularity is available in my view?
How recent is the data? +24hrs = 20% less useful
How much compliance & quality has been applied?
Detail
Freshness
Fidelity
4key
9
the way we see itInsights & Data
Our study found that current approaches are not achieving
what the business wants and are not delivering to the level that
today’s information-centric business requires. The responses
clearly indicate that traditional approaches cannot provide the
complete answer in a world increasingly dominated by a high
diversity of structured and unstructured data, much of which
is not directly under the control of the organization.
There is a clear divide between senior and operational
management: Of those organizations that have not yet
implemented big data technology, 62% consider the data
analytics provision to be either good or very good for senior
management, but only 43% feel the same way about the
provision to non-management employees. Supplementary
solutions are widespread, with 72% using local business
intelligence tools and 63% using local data marts.
This does not just suggest that effort is being duplicated and
data used in inconsistent ways; it also implies that people
are often working with different and out-of-date snapshots
of data. This inconsistency often drives contradictory
decision-making and poor operational efficiency. The use of
delayed insight also represents a challenge, with 77% of our
respondents saying that decision-makers increasingly require
data in real time.
The need for advantage through insight, operational efficiency,
fast data, and business agility is beginning to fundamentally
transform how businesses approach information. A batch-
fed EDW cannot be the whole story when insight needs to be
delivered to the point of action.
FIGURE 1: Traditional approaches are constrained in a data world
Em
ails and docum
ents
Pa
rtner and market da
ta
M
achine and monitoring dat
a
Social media and interaction
Core
transactions
Traditional approaches are constrained in a data world
The volumes of data are exploding
The ability to control and dictate in an
“outside-in” world is minimal
More and more business value is beyond
the core transactions
The old approach of “a single view” is
impossible in a world of federated internal
and external data
1
2
4
3
10 Big & Fast Data: The Democratization of Information
The BDL can provide the democratization that businesses
need using the latest in big data technology. It is designed to
overcome the limitations of traditional business intelligence
(BI) systems and provide an evolutionary approach that
helps organizations augment and transition to a data centric
business.
The BDL provides a way forward with a complete rethink of
the way data is ingested, stored and organized for analytical
purposes. It democratizes insight by giving the business the
capabilities it needs to seize opportunities rapidly, providing a
common analytical engine for the business.
Benefits of the BDL
This new approach to enterprise reporting and information
management has fundamental advantages. It:
•	 Enables a focus on local requirements, whether from the
board or the warehouse manager
Emerging approaches enable the
insight-led organization
•	 Provides access to everything by storing it in a single
connected substrate
•	 Provides key insights from data where and when
it’s needed
•	 Enables the appropriate level of governance to accelerate
business collaboration
Essentially, the BDL approach gives the CIO and IT function
the ability to align and accelerate the digital strategy for the
business. As we found in Leading Digital2
, the key success
factor for digital transformation is to have a clear strategy,
driven from the center, to ensure you work towards the returns
you’re looking for. BDL enables that strategy into operations
by providing an robust and flexible platform for the creation of
business insights.
FIGURE 2: Business Data Lake
Realize
Time to insight reduces/Cost to develop new insights reduces
Impact
Act Actions
Surface Insights Context
Distill and Analyze
Insights continually enrich the data
Lake to drive improved future insights
Results
Data Lake
Ingest
Operate
Integrate
Learn
Operate
Integrate
Learn
Value Value
2	George Westerman, Didier Bonnet and Andrew McAfee, Leading Digital:
Turning Technology into Digital Transformation, Harvard Business Review
Press, 2014
11
the way we see itInsights & Data
How it works
The BDL approach is illustrated in the diagram on the
next page. Its basic principles are:
•	 Ingest any kind of data at scale, structured or unstructured
data sets – from any internal, partner, IoT or open data
•	 Store for both near real-time and long-term analysis at the
lowest possible cost
•	 Analyze in batch or real time; complement with data
science tooling
•	 Surface insight, i.e. bring the insight arising from analysis
into management tools, together with its context
•	 Take action and drive action back into the system for
future improvements
The BDL supplements and incorporates data from existing
systems such as the EDW, rather than requiring them to be
replaced. If an EDW is satisfying its current data capture
and base reporting requirements, a BDL can complement to
provide to more powerful predictive analytics engine.
Insights from the BDL can supplement traditional, more linear,
reporting from the EDW. Including the EDW as one of the
corporate views within a BDL positions IT to help the business
get what it needs in any situation.
The BDL draws information from existing systems and legacy
data solutions and provides a platform on which new insight
driven services can be developed and integrated back
into operations or turned into entire new data monetization
business lines. It demonstrates a lower risk, augmentation
driven approach to the next generation of insights.
Speed of adoption is of the essence
The BDL enables organizations to progress much faster
towards their goals than conventional approaches. To gain
competitive advantage, they need to start getting acquainted
with it sooner rather than later. Respondents in our study
quickly spotted the potential: 61% state that the BDL
architecture would be relevant to their organization, with 29%
strongly agreeing this is the case.
12 Big & Fast Data: The Democratization of Information
Sources
Real-time
ingestion
Micro batch
insights
Batch
ingestion
Action tier
Real-time
insights
Interactive
insights
Batch
insights
Ingestion
tier
Real-time
Micro
batch
Mega
batch
Insights
tier
SQL
NoSQL
SQL
SQL
MapReduce
Query
interfaces
System monitoring System management
Data mgmt.
services
MDM
RDM
Audit and
policy mgmt.
Workflow management
Unified operations tier
Unified data management tier
In-memory
Processing tier
Distillation tier
MPP database
HDFS storage
Unstructured and structured data
The Business Data Lake is the first unified architecture for big and fast data and
the only one designed for driving third-generation data platforms.
The figure shows the key tiers of a Business
Data Lake. Data flows from left to right. The
tiers on the left depict the data sources, while
the tiers on the right depict the integration
points where insights from the system are
consumed. Key tiers are:
Storage: Ability to store all (structured and
unstructured) data cost efficiently in the
Business Data Lake – Hadoop (HDFS)
Ingestion: Ability to bring data from multiple
sources across all timelines with varying quality
of service (QoS)
Distillation: Ability to take data from the
storage tier and convert it to structured data for
easier analysis by downstream applications
Processing: Ability to run analytical algorithms
Architectural View of the
Business Data Lake
and user queries with varying QoS (real-time,
interactive, batch) to generate structured data for
easier analysis by downstream applications
Insights: Ability to analyze all the data with
varying QoS (real-time, interactive, batch) to
generate insights for business decisioning
Action: Ability to integrate insights with business
decisioning systems to build data-driven
applications.
Unified data management: Ability to manage
the data lifecycle, access policy definition, and
master data management and reference data
management services
Unified operations: Ability to monitor, configure,
and manage the whole data lake from
a single operations environment
13
the way we see itInsights & Data
Use case 1
Internet of Things
Business
The internet of things (IoT) is about connecting smart
devices to the internet so that they can stream data,
improving support and enabling better decision-
making. This raises two key challenges. First, the
speed at which these devices need to react and be
updated – it’s no good telling a car about traffic on its
route only after it has reached its destination, or
tuning a wind turbine after it has broken. The second
challenge is that of volume. With potentially millions of
devices in circulation, each generating information
“beeps” every second, the volume of data can quickly
become prohibitively costly to handle within traditional
databases.
The BDL provides key services needed to deliver
business value from this data “firehose”, as it has
been called. The BDL can ingest large volumes of
information at a fraction (a tenth or less) of the cost of
traditional technologies. It can handle high volume
streams of information from devices. It can carry out
predictive analytics based on historical data. And it
can use machine learning to drive adaptive analytics
in real time.
With these foundations in place, you can operate at
the pace of the “thing” itself to create the right
actionable insight – whether that is focused on cost
efficiencies in a wide grid of sensors deployed across
a country, or building new lines of business based on
health data from a wearable device.
14 Big & Fast Data: The Democratization of Information
Use case 2
Transforming operational reporting
Use case 3
Anomalous behavior detection
Operational reporting has long posed a challenge
for enterprises: how to meet local reporting needs
while focusing on an enterprise context. The BDL
resolves this conundrum, because there is no
longer any need to choose between operational
and enterprise views. Instead, you just need to find
the right view of data to meet a given business
need.
The BDL provides rapid analytics and mobile BI
support as well as predictive analytics capabilities.
These give operational reporting the power of
modern BI and analytics in a platform that can be
leveraged across the business.
For example, in a large consumer goods
company, the head of marketing in Malaysia may
need to look at just that part of the market. The
local distribution center will need different insight
from the same data to optimize stock levels. All of
this information will also be used at the Asia and
global levels for other purposes. With the BDL in
place, all of them will be deriving insights from the
same source information sets within a single data
substrate. This means they are aligned, but not
constrained.
The BDL approach lends itself to anomalous
behavior detection, addressing IT security issues
that conventional methods can’t. It can help to
detect and prevent theft of data or intellectual
property (IP), for instance at the behest of nation
states or organized crime, or by a disenchanted
employee.
SIEM
AD
HR
Structured data Unstructured data
Machine learning
defines “Normal”
across user base
Inform management Adjust policies Lockdown
Automated response based on level of deviation and system critically
Images
Social
Email
Video
GRC
IAM
Users accessing key systems within role as defined by GRC
Deviation from
norm triggers
action
The solution can quickly identify when a user is
behaving in a way that is abnormal for them and
take appropriate action to limit what they can do,
or flag up the situation for managerial attention. It
can also predict when anomalous behavior is
likely to occur, flagging events of interest for
further investigation for potential security breach.
15
the way we see itInsights & Data
IT’s new opportunity as the
data broker to the enterprise
Over a third (36%) of the most senior (C-level or director-level)
non-IT decision-makers taking part in the study say that their
business unit has circumvented IT in order to carry out the
data analytics it requires. This internal and external “shadow
IT” underlines the point that the IT department is already
becoming marginalized.
In the early 90s, IT managers who focused on minicomputers
were ousted because they didn’t see the PC revolution
coming; this revolution was led by business instead. The
same thing is happening again. Software as a Service (SaaS)
and managed platform solutions for big data are providing
business leaders with ways to directly procure insights without
involving their IT department.
Why are so many business leaders bypassing IT and
going outside for solutions? Our study identifies two key
reasons. First, nearly half (47%) of respondents agree that
their organizations’ IT systems are not optimized to enable
business decision-makers in all departments to effectively do
their jobs.
Second, there is a general feeling that everything is taking too
long. About 45% of respondents complain that the current
development cycle for new analytics is too long and does not
match their business requirements. Over half (53%) consider
the speed of their organization’s insight generation to be
constrained by its IT development process.
All these are clear signs that IT runs the risk of being seen as
a barrier to business change instead of an enabler. CIOs must
act now to reverse this perception as history has shown us
that the CIO as blocker of business innovation tends not to
survive very long.
Instead of struggling to meet requests from business users, IT
has an opportunity to become a broker of data and insights.
Data comes from inside the traditional internal transactional
systems but also increasingly from external sources (e.g.
social media, open data, internet of things) and from implicit
ones (e.g. log files, internal security, email, documents).
The key is for IT to put in place technologies and delivery
methods that enable effective democratization of insights in a
way that last-generation approaches such as the EDW have
failed to do, meeting the increasingly pressing need for fast
time to insight. In fact, more than half (54%) of respondents
stated that they consider leveraging fast data to be more
important than leveraging big data. In this way IT can help the
business to realize the available opportunities.
For the IT function, the opportunity is to reposition itself as a
data broker at the same time as it democratizes the creation
of insights. In this new role, it will provide end-users with
business-centric platforms and platform-based services
including:
•	 An enterprise-wide data substrate that ingests and
manages the widest variety of data.
•	 Big data foundations (Hadoop, MPP SQL, in-memory,
streaming, etc)
•	 Higher-order tooling such as data quality, management
services (master data management/reference data
management. The focus becomes governing data where
it needs to be shared, a shift away from a single-schema
approach with its inevitable compromises, towards
governing the data that needs to be shared.
•	 Platform consumption by the end users “as a service”,
which includes infrastructure, capacity, identity
management, etc.
•	 Self-provisioned business intelligence, data science
tools, and access to as many previously created insights
as possible.
16 Big & Fast Data: The Democratization of Information
Our guiding principles towards democratized analytics
1
5 6 74
2 3
7Guiding
Principles
Embark on the
journey to insights
within your
business and
technology context
Master
governance,
security and
privacy of your
data assets
Enable your data
landscape for the
flood coming from
connected people
and things
The journey towards an insight-led enterprise
4
Develop an
enterprise data
science culture
5
Unleash data and
Insights-as-a-
Service
6
Make
insights-driven
value a crucial
business KPI
7
Empower your
people with
insights at the
point of action
Principle 1: Embark on an insights
journey, respecting your business and
technology context
The starting point must be your business
objectives. Design your roadmap to
harness new data sources based on how
they will help achieve these objectives.
Equally importantly, your journey must be
dictated by where you start, in terms of
data maturity but also technology.
Principle 2: Organize the new data
landscape for a data flood from
connected people and connected
things (IoT)
There are many new technologies that
enable the capture and management of
the data flood. Your new data landscape
should be a mixture of these technologies,
chosen to provide the right solution in
terms of cost, flexibility and speed to suit
each specific data set and to meet the
insight needs of the business.
We see the following seven principles as central to
making the necessary transformation:
17
the way we see itInsights & Data
Principle 3: Create a pervasive data
science skillset and attitude
Data science unlocks the insights. It
needs to become part of the culture of
the organization. Only by embedding it
throughout the enterprise, and systematically
making all decisions better informed, can
organizations achieve the transformation to
becoming insight-led.
Principle 4: Unlock Data- and
Insights-as-a-Service
The demand from business users for
information and data-driven insights is ever
increasing in virtually all organizations. To
harness this, business users must feel that
they can rapidly access the information they
need where and when they need it.
Principle 5: Introduce ROI of insights as a
crucial business KPI
Measure your measurement: apply data
science to your data science to see where
you are adding value and where you are not.
If data is becoming one of your most valuable
assets then treat it as such – include it in KPIs
and business reviews.
Principle 6: Master the governance,
security and privacy of your data assets
Insights from unreliable data are worse
than no insights at all. Equally, programs fail
and businesses leave themselves exposed
if data is not handled securely and with
consideration of relevant privacy issues.
Principle 7: Empower your people with
insights at the point of action
Ultimately all organizations are a series of
decision points, both at the macro and
micro level. Empowering your people with
timely insights that make each of those
decisions just 5-10% better will transform
your business.
Through the application of these principles,
we are seeing organizations start to generate
real value. In our study with MIT3
, we
demonstrated that only when technology
adoption is accompanied by transformation
management (including vision, business
engagement, and organizational change) do
businesses realize tangible benefits in terms
of profitability and market valuation. This is as
true for big data technology implementation
as it is for any other technology.
3	The Digital Advantage: How digital leaders outperform their peers in every
industry, http://www.capgemini.com/resources/the-digital-advantage-how-
digital-leaders-outperform-their-peers-in-every-industry
18 Big & Fast Data: The Democratization of Information
Conclusion
Our study found business leaders saying they need better,
faster and more focused access to analytical insights and
that traditional solutions and methods are not delivering what
they need. IT departments need to democratize the way they
deliver insights to decision-makers if they are to enable the
business to realize the opportunities presented by big data.
IT must provide the necessary capabilities, both in order to
help the business exploit the new generation of insight-driven
business opportunities and to ensure that the information
landscape evolves to meet the increasing expectations of
the business.
By delivering a next-generation business-centric information
infrastructure, the CIO can move fast to make all this happen.
Building an open, shared analytics platform for the enterprise
enables rapid delivery of insights. The new solutions can be
integrated with legacy platforms, or new platforms built to
embrace new data monetization opportunities.
For the next generation of data-driven insights for the
enterprise, the Business Data Lake represents an opportunity
for the IT function to become the true data broker for the
enterprise – by modernizing the data landscape and truly
democratizing analytics across the enterprise, allowing the
business to adopt entire new business models at pace.
This study draws on research conducted by
FreshMinds on behalf of Capgemini and EMC. It
combines the results from a quantitative online survey
and supplementary in-depth qualitative interviews.
About 1,000 senior decision-makers from across nine
industries and 10 countries worldwide took part in the
online survey. We would like to take this opportunity
to thank all respondents for their valuable time
and contributions.
FreshMinds is an award-winning insight and
innovation consultancy. FreshMinds helps global
organizations drive growth by discovering market
opportunities, developing game-changing products
and services, and creating captivating launch
campaigns. Driven by a belief that businesses
need to become more agile in the face of digital
disruption, FreshMinds delivers agile insight that helps
organizations get further, faster, with confidence.
www.freshminds.net
About the study
19
the way we see itInsights & Data
About Capgemini
With almost 145,000 people in over 40 countries, Capgemini is one of the
world’s foremost providers of consulting, technology and outsourcing
services. The Group reported 2014 global revenues of EUR 10.573 billion.
Together with its clients, Capgemini creates and delivers business and
technology solutions that fit their needs and drive the results they want.
A deeply multicultural organization, Capgemini has developed its own
way of working, the Collaborative Business ExperienceTM
, and draws on
Rightshore®
, its worldwide delivery model.
	
For further information visit
www.capgemini.com/insights-data
www.pivotal.io/big-data/businessdatalake
or contact us at
insights@capgemini.com
The information contained in this document is proprietary. No part of this document may be reproduced or copied in any form
or by any means without written permission from Capgemini. ©2015 Capgemini. All Rights Reserved.
Rightshore®
is a trademark belonging to Capgemini.
MCOS_GI_MK_20151304

Más contenido relacionado

La actualidad más candente

Pollen VC Building A Digital Lending Business
Pollen VC Building A Digital Lending BusinessPollen VC Building A Digital Lending Business
Pollen VC Building A Digital Lending BusinessPollen VC
 
[RESEARCH REPORT] The 2016 State of Digital Transformation
[RESEARCH REPORT] The 2016 State of Digital Transformation[RESEARCH REPORT] The 2016 State of Digital Transformation
[RESEARCH REPORT] The 2016 State of Digital TransformationAltimeter, a Prophet Company
 
Full Study - Digital Roadblock: Marketers Struggle to Reinvent Themselves
Full Study - Digital Roadblock: Marketers Struggle to Reinvent ThemselvesFull Study - Digital Roadblock: Marketers Struggle to Reinvent Themselves
Full Study - Digital Roadblock: Marketers Struggle to Reinvent ThemselvesAdobe
 
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...Social Data Intelligence: Integrating Social and Enterprise Data for Competit...
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...Susan Etlinger
 
CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...
CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...
CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...OpenKnowledge srl
 
Pwc 19th Annual Global CEO Survey
Pwc 19th Annual Global CEO SurveyPwc 19th Annual Global CEO Survey
Pwc 19th Annual Global CEO SurveyPwC
 
PwC Trends in the workforce
PwC Trends in the workforcePwC Trends in the workforce
PwC Trends in the workforcePwC
 
Big Data - an actuarial perspective
Big Data - an actuarial perspectiveBig Data - an actuarial perspective
Big Data - an actuarial perspectiveMateusz Maj
 
Keeping it real - How authentic is your Corporate Purpose?
 Keeping it real - How authentic is your Corporate Purpose?  Keeping it real - How authentic is your Corporate Purpose?
Keeping it real - How authentic is your Corporate Purpose? Burson-Marsteller
 
Pharmaceutical Best Practices: R&D Strategic Partnerships
Pharmaceutical Best Practices: R&D Strategic PartnershipsPharmaceutical Best Practices: R&D Strategic Partnerships
Pharmaceutical Best Practices: R&D Strategic PartnershipsThomas Macpherson
 
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Susan Etlinger
 
Insights from the Cutting Edge of Digital - Stephen DiMarco and George Pappachen
Insights from the Cutting Edge of Digital - Stephen DiMarco and George PappachenInsights from the Cutting Edge of Digital - Stephen DiMarco and George Pappachen
Insights from the Cutting Edge of Digital - Stephen DiMarco and George PappachenLinkedIn
 
The Digital Talent Gap - Developing Skills for Today’s Digital Organizations
The Digital Talent Gap - Developing Skills for Today’s Digital OrganizationsThe Digital Talent Gap - Developing Skills for Today’s Digital Organizations
The Digital Talent Gap - Developing Skills for Today’s Digital OrganizationsCapgemini
 
The Innovation Game: Why & How Businesses are Investing in Innovation Centers
The Innovation Game: Why & How Businesses are Investing in Innovation CentersThe Innovation Game: Why & How Businesses are Investing in Innovation Centers
The Innovation Game: Why & How Businesses are Investing in Innovation CentersCapgemini
 
Conducting an Initial Coin Offering: Costs and Considerations
Conducting an Initial Coin Offering: Costs and ConsiderationsConducting an Initial Coin Offering: Costs and Considerations
Conducting an Initial Coin Offering: Costs and ConsiderationsChristina Gagnier
 
What people think about when they say data driven
What people think about when they say data drivenWhat people think about when they say data driven
What people think about when they say data drivenDrPaulWeber
 

La actualidad más candente (20)

Pollen VC Building A Digital Lending Business
Pollen VC Building A Digital Lending BusinessPollen VC Building A Digital Lending Business
Pollen VC Building A Digital Lending Business
 
[RESEARCH REPORT] The 2016 State of Digital Transformation
[RESEARCH REPORT] The 2016 State of Digital Transformation[RESEARCH REPORT] The 2016 State of Digital Transformation
[RESEARCH REPORT] The 2016 State of Digital Transformation
 
Full Study - Digital Roadblock: Marketers Struggle to Reinvent Themselves
Full Study - Digital Roadblock: Marketers Struggle to Reinvent ThemselvesFull Study - Digital Roadblock: Marketers Struggle to Reinvent Themselves
Full Study - Digital Roadblock: Marketers Struggle to Reinvent Themselves
 
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...Social Data Intelligence: Integrating Social and Enterprise Data for Competit...
Social Data Intelligence: Integrating Social and Enterprise Data for Competit...
 
2014 Inbound Trends
2014 Inbound Trends2014 Inbound Trends
2014 Inbound Trends
 
CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...
CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...
CMO vs CIO: Paths Forward to Collaboration on Collaboration - Ray Wang, Esteb...
 
Pwc 19th Annual Global CEO Survey
Pwc 19th Annual Global CEO SurveyPwc 19th Annual Global CEO Survey
Pwc 19th Annual Global CEO Survey
 
Megatrends for sales organizations
Megatrends for sales organizationsMegatrends for sales organizations
Megatrends for sales organizations
 
PwC Trends in the workforce
PwC Trends in the workforcePwC Trends in the workforce
PwC Trends in the workforce
 
Big Data - an actuarial perspective
Big Data - an actuarial perspectiveBig Data - an actuarial perspective
Big Data - an actuarial perspective
 
Keeping it real - How authentic is your Corporate Purpose?
 Keeping it real - How authentic is your Corporate Purpose?  Keeping it real - How authentic is your Corporate Purpose?
Keeping it real - How authentic is your Corporate Purpose?
 
Pharmaceutical Best Practices: R&D Strategic Partnerships
Pharmaceutical Best Practices: R&D Strategic PartnershipsPharmaceutical Best Practices: R&D Strategic Partnerships
Pharmaceutical Best Practices: R&D Strategic Partnerships
 
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...
 
Insights from the Cutting Edge of Digital - Stephen DiMarco and George Pappachen
Insights from the Cutting Edge of Digital - Stephen DiMarco and George PappachenInsights from the Cutting Edge of Digital - Stephen DiMarco and George Pappachen
Insights from the Cutting Edge of Digital - Stephen DiMarco and George Pappachen
 
The Digital Talent Gap - Developing Skills for Today’s Digital Organizations
The Digital Talent Gap - Developing Skills for Today’s Digital OrganizationsThe Digital Talent Gap - Developing Skills for Today’s Digital Organizations
The Digital Talent Gap - Developing Skills for Today’s Digital Organizations
 
The Innovation Game: Why & How Businesses are Investing in Innovation Centers
The Innovation Game: Why & How Businesses are Investing in Innovation CentersThe Innovation Game: Why & How Businesses are Investing in Innovation Centers
The Innovation Game: Why & How Businesses are Investing in Innovation Centers
 
Conducting an Initial Coin Offering: Costs and Considerations
Conducting an Initial Coin Offering: Costs and ConsiderationsConducting an Initial Coin Offering: Costs and Considerations
Conducting an Initial Coin Offering: Costs and Considerations
 
The quest for digital skills
The quest for digital skillsThe quest for digital skills
The quest for digital skills
 
What Really Ails China’s Economy
What Really Ails China’s EconomyWhat Really Ails China’s Economy
What Really Ails China’s Economy
 
What people think about when they say data driven
What people think about when they say data drivenWhat people think about when they say data driven
What people think about when they say data driven
 

Destacado

Using Big Data for Product & Service Innovation
Using Big Data for Product & Service InnovationUsing Big Data for Product & Service Innovation
Using Big Data for Product & Service InnovationGini Lin
 
Big data barrier of entry (flash)
Big data barrier of entry (flash) Big data barrier of entry (flash)
Big data barrier of entry (flash) Francis Piéraut
 
Big Data and Fast Data – Big and Fast Combined, is it Possible?
Big Data and Fast Data – Big and Fast Combined, is it Possible?Big Data and Fast Data – Big and Fast Combined, is it Possible?
Big Data and Fast Data – Big and Fast Combined, is it Possible?Guido Schmutz
 
Wikibon Big Data Capital Markets Day 2014
Wikibon Big Data Capital Markets Day 2014Wikibon Big Data Capital Markets Day 2014
Wikibon Big Data Capital Markets Day 2014Jeff Kelly
 
Etude - L'économie de la communication globale.
Etude - L'économie de la communication globale.Etude - L'économie de la communication globale.
Etude - L'économie de la communication globale.Thierry Zenou
 
Daily Newsletter: 17th March, 2011
Daily Newsletter: 17th March, 2011Daily Newsletter: 17th March, 2011
Daily Newsletter: 17th March, 2011Fullerton Securities
 
Unique Kitchen Gadgets
Unique Kitchen GadgetsUnique Kitchen Gadgets
Unique Kitchen GadgetsSpeegeeCo
 
Visualising decisions - Integrating decision making with Kanban
Visualising decisions - Integrating decision making with KanbanVisualising decisions - Integrating decision making with Kanban
Visualising decisions - Integrating decision making with KanbanDaniel Ploeg
 
Webinar.2010 Planning Using Hub Spot
Webinar.2010 Planning Using Hub SpotWebinar.2010 Planning Using Hub Spot
Webinar.2010 Planning Using Hub SpotHubSpot
 
Sheryll Asa Resume
Sheryll Asa ResumeSheryll Asa Resume
Sheryll Asa ResumeSheryll Asa
 
Business forum KNEU 12.06.2014
Business forum KNEU 12.06.2014Business forum KNEU 12.06.2014
Business forum KNEU 12.06.2014Olena Hrebeshkova
 
Crisis communications and the role of the media
Crisis communications and the role of the mediaCrisis communications and the role of the media
Crisis communications and the role of the mediaBen Shipley
 
Russian Airshow2
Russian Airshow2Russian Airshow2
Russian Airshow2guestc49726
 
Transformação Digital com Apps Customizadas: Salesforce App Cloud
Transformação Digital com Apps Customizadas: Salesforce App CloudTransformação Digital com Apps Customizadas: Salesforce App Cloud
Transformação Digital com Apps Customizadas: Salesforce App CloudSalesforce Brasil
 
2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк
2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк
2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол БанкThe Business Council of Mongolia
 
Digital Transparency and the Politics of Open Data
Digital Transparency and the Politics of Open DataDigital Transparency and the Politics of Open Data
Digital Transparency and the Politics of Open DataJonathan Gray
 

Destacado (20)

Using Big Data for Product & Service Innovation
Using Big Data for Product & Service InnovationUsing Big Data for Product & Service Innovation
Using Big Data for Product & Service Innovation
 
Big data barrier of entry (flash)
Big data barrier of entry (flash) Big data barrier of entry (flash)
Big data barrier of entry (flash)
 
Big Data and Fast Data – Big and Fast Combined, is it Possible?
Big Data and Fast Data – Big and Fast Combined, is it Possible?Big Data and Fast Data – Big and Fast Combined, is it Possible?
Big Data and Fast Data – Big and Fast Combined, is it Possible?
 
Wikibon Big Data Capital Markets Day 2014
Wikibon Big Data Capital Markets Day 2014Wikibon Big Data Capital Markets Day 2014
Wikibon Big Data Capital Markets Day 2014
 
Etude - L'économie de la communication globale.
Etude - L'économie de la communication globale.Etude - L'économie de la communication globale.
Etude - L'économie de la communication globale.
 
Daily Newsletter: 17th March, 2011
Daily Newsletter: 17th March, 2011Daily Newsletter: 17th March, 2011
Daily Newsletter: 17th March, 2011
 
Unique Kitchen Gadgets
Unique Kitchen GadgetsUnique Kitchen Gadgets
Unique Kitchen Gadgets
 
BRNewTech Meetup - Material Astella
BRNewTech Meetup - Material AstellaBRNewTech Meetup - Material Astella
BRNewTech Meetup - Material Astella
 
Visualising decisions - Integrating decision making with Kanban
Visualising decisions - Integrating decision making with KanbanVisualising decisions - Integrating decision making with Kanban
Visualising decisions - Integrating decision making with Kanban
 
Webinar.2010 Planning Using Hub Spot
Webinar.2010 Planning Using Hub SpotWebinar.2010 Planning Using Hub Spot
Webinar.2010 Planning Using Hub Spot
 
Papadopoulos Resume
Papadopoulos ResumePapadopoulos Resume
Papadopoulos Resume
 
Ways To Have A Better iOS 10 Life
Ways To Have A Better iOS 10 LifeWays To Have A Better iOS 10 Life
Ways To Have A Better iOS 10 Life
 
Sheryll Asa Resume
Sheryll Asa ResumeSheryll Asa Resume
Sheryll Asa Resume
 
Business forum KNEU 12.06.2014
Business forum KNEU 12.06.2014Business forum KNEU 12.06.2014
Business forum KNEU 12.06.2014
 
Crisis communications and the role of the media
Crisis communications and the role of the mediaCrisis communications and the role of the media
Crisis communications and the role of the media
 
Russian Airshow2
Russian Airshow2Russian Airshow2
Russian Airshow2
 
Transformação Digital com Apps Customizadas: Salesforce App Cloud
Transformação Digital com Apps Customizadas: Salesforce App CloudTransformação Digital com Apps Customizadas: Salesforce App Cloud
Transformação Digital com Apps Customizadas: Salesforce App Cloud
 
2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк
2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк
2013.12.31 Монгол банкны 2013 оны жилийн тайлан, Монгол Банк
 
Digital Transparency and the Politics of Open Data
Digital Transparency and the Politics of Open DataDigital Transparency and the Politics of Open Data
Digital Transparency and the Politics of Open Data
 
Elon musk
Elon muskElon musk
Elon musk
 

Similar a Big & Fast Data: The Democratization of Information

Unlocking opportunities in Big Data
Unlocking opportunities in Big DataUnlocking opportunities in Big Data
Unlocking opportunities in Big DataCGMA
 
Big-Data-The-Case-for-Customer-Experience
Big-Data-The-Case-for-Customer-ExperienceBig-Data-The-Case-for-Customer-Experience
Big-Data-The-Case-for-Customer-ExperienceAndrew Smith
 
Big and Fast Data: The Rise of Insight-Driven Business
Big and Fast Data: The Rise of Insight-Driven BusinessBig and Fast Data: The Rise of Insight-Driven Business
Big and Fast Data: The Rise of Insight-Driven BusinessMichael Bailey
 
How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...
How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...
How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...IJERA Editor
 
The rise of data - business value and the management imperatives
The rise of data - business value and the management imperativesThe rise of data - business value and the management imperatives
The rise of data - business value and the management imperativesSheriff Shitu
 
Data Strategy - Executive MBA Class, IE Business School
Data Strategy - Executive MBA Class, IE Business SchoolData Strategy - Executive MBA Class, IE Business School
Data Strategy - Executive MBA Class, IE Business SchoolGam Dias
 
Big Data is Here for Financial Services White Paper
Big Data is Here for Financial Services White PaperBig Data is Here for Financial Services White Paper
Big Data is Here for Financial Services White PaperExperian
 
BigData_WhitePaper
BigData_WhitePaperBigData_WhitePaper
BigData_WhitePaperReem Matloub
 
Analytics - The speed advantage
Analytics - The speed advantageAnalytics - The speed advantage
Analytics - The speed advantageIBM Software India
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for youShashi Bala Gupta
 
The opportunity of the business data lake
The opportunity of the business data lakeThe opportunity of the business data lake
The opportunity of the business data lakeCapgemini
 
An Analysis of Big Data Computing for Efficiency of Business Operations Among...
An Analysis of Big Data Computing for Efficiency of Business Operations Among...An Analysis of Big Data Computing for Efficiency of Business Operations Among...
An Analysis of Big Data Computing for Efficiency of Business Operations Among...AnthonyOtuonye
 
Leading enterprise-scale big data business outcomes
Leading enterprise-scale big data business outcomesLeading enterprise-scale big data business outcomes
Leading enterprise-scale big data business outcomesGuy Pearce
 
Big Data white paper - Benefits of a Strategic Vision
Big Data white paper - Benefits of a Strategic VisionBig Data white paper - Benefits of a Strategic Vision
Big Data white paper - Benefits of a Strategic Visionpanoratio
 
Reaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analyticsReaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analyticsThe Marketing Distillery
 
Reaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analyticsReaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analyticsThe Marketing Distillery
 
Rising Significance of Big Data Analytics for Exponential Growth.docx
Rising Significance of Big Data Analytics for Exponential Growth.docxRising Significance of Big Data Analytics for Exponential Growth.docx
Rising Significance of Big Data Analytics for Exponential Growth.docxSG Analytics
 

Similar a Big & Fast Data: The Democratization of Information (20)

Unlocking opportunities in Big Data
Unlocking opportunities in Big DataUnlocking opportunities in Big Data
Unlocking opportunities in Big Data
 
Big-Data-The-Case-for-Customer-Experience
Big-Data-The-Case-for-Customer-ExperienceBig-Data-The-Case-for-Customer-Experience
Big-Data-The-Case-for-Customer-Experience
 
Big and Fast Data: The Rise of Insight-Driven Business
Big and Fast Data: The Rise of Insight-Driven BusinessBig and Fast Data: The Rise of Insight-Driven Business
Big and Fast Data: The Rise of Insight-Driven Business
 
Big Data strategy components
Big Data strategy componentsBig Data strategy components
Big Data strategy components
 
How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...
How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...
How ‘Big Data’ Can Create Significant Impact on Enterprises? Part I: Findings...
 
The rise of data - business value and the management imperatives
The rise of data - business value and the management imperativesThe rise of data - business value and the management imperatives
The rise of data - business value and the management imperatives
 
Data Strategy - Executive MBA Class, IE Business School
Data Strategy - Executive MBA Class, IE Business SchoolData Strategy - Executive MBA Class, IE Business School
Data Strategy - Executive MBA Class, IE Business School
 
Big Data is Here for Financial Services White Paper
Big Data is Here for Financial Services White PaperBig Data is Here for Financial Services White Paper
Big Data is Here for Financial Services White Paper
 
BigData_WhitePaper
BigData_WhitePaperBigData_WhitePaper
BigData_WhitePaper
 
Analytics - The speed advantage
Analytics - The speed advantageAnalytics - The speed advantage
Analytics - The speed advantage
 
Making advanced analytics work for you
Making advanced analytics work for youMaking advanced analytics work for you
Making advanced analytics work for you
 
Gartner forum
Gartner forumGartner forum
Gartner forum
 
The opportunity of the business data lake
The opportunity of the business data lakeThe opportunity of the business data lake
The opportunity of the business data lake
 
An Analysis of Big Data Computing for Efficiency of Business Operations Among...
An Analysis of Big Data Computing for Efficiency of Business Operations Among...An Analysis of Big Data Computing for Efficiency of Business Operations Among...
An Analysis of Big Data Computing for Efficiency of Business Operations Among...
 
Week4 day4
Week4 day4Week4 day4
Week4 day4
 
Leading enterprise-scale big data business outcomes
Leading enterprise-scale big data business outcomesLeading enterprise-scale big data business outcomes
Leading enterprise-scale big data business outcomes
 
Big Data white paper - Benefits of a Strategic Vision
Big Data white paper - Benefits of a Strategic VisionBig Data white paper - Benefits of a Strategic Vision
Big Data white paper - Benefits of a Strategic Vision
 
Reaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analyticsReaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analytics
 
Reaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analyticsReaping the benefits of Big Data and real time analytics
Reaping the benefits of Big Data and real time analytics
 
Rising Significance of Big Data Analytics for Exponential Growth.docx
Rising Significance of Big Data Analytics for Exponential Growth.docxRising Significance of Big Data Analytics for Exponential Growth.docx
Rising Significance of Big Data Analytics for Exponential Growth.docx
 

Más de Capgemini

Top Healthcare Trends 2022
Top Healthcare Trends 2022Top Healthcare Trends 2022
Top Healthcare Trends 2022Capgemini
 
Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022Capgemini
 
Commercial Banking Trends book 2022
Commercial Banking Trends book 2022Commercial Banking Trends book 2022
Commercial Banking Trends book 2022Capgemini
 
Top Trends in Payments 2022
Top Trends in Payments 2022Top Trends in Payments 2022
Top Trends in Payments 2022Capgemini
 
Top Trends in Wealth Management 2022
Top Trends in Wealth Management 2022Top Trends in Wealth Management 2022
Top Trends in Wealth Management 2022Capgemini
 
Retail Banking Trends book 2022
Retail Banking Trends book 2022Retail Banking Trends book 2022
Retail Banking Trends book 2022Capgemini
 
Top Life Insurance Trends 2022
Top Life Insurance Trends 2022Top Life Insurance Trends 2022
Top Life Insurance Trends 2022Capgemini
 
キャップジェミニ、あなたの『RISE WITH SAP』のパートナーです
キャップジェミニ、あなたの『RISE WITH SAP』のパートナーですキャップジェミニ、あなたの『RISE WITH SAP』のパートナーです
キャップジェミニ、あなたの『RISE WITH SAP』のパートナーですCapgemini
 
Property & Casualty Insurance Top Trends 2021
Property & Casualty Insurance Top Trends 2021Property & Casualty Insurance Top Trends 2021
Property & Casualty Insurance Top Trends 2021Capgemini
 
Life Insurance Top Trends 2021
Life Insurance Top Trends 2021Life Insurance Top Trends 2021
Life Insurance Top Trends 2021Capgemini
 
Top Trends in Commercial Banking: 2021
Top Trends in Commercial Banking: 2021Top Trends in Commercial Banking: 2021
Top Trends in Commercial Banking: 2021Capgemini
 
Top Trends in Wealth Management: 2021
Top Trends in Wealth Management: 2021Top Trends in Wealth Management: 2021
Top Trends in Wealth Management: 2021Capgemini
 
Top Trends in Payments: 2021
Top Trends in Payments: 2021Top Trends in Payments: 2021
Top Trends in Payments: 2021Capgemini
 
Health Insurance Top Trends 2021
Health Insurance Top Trends 2021Health Insurance Top Trends 2021
Health Insurance Top Trends 2021Capgemini
 
Top Trends in Retail Banking: 2021
Top Trends in Retail Banking: 2021Top Trends in Retail Banking: 2021
Top Trends in Retail Banking: 2021Capgemini
 
Capgemini’s Connected Autonomous Planning
Capgemini’s Connected Autonomous PlanningCapgemini’s Connected Autonomous Planning
Capgemini’s Connected Autonomous PlanningCapgemini
 
Top Trends in Retail Banking: 2020
Top Trends in Retail Banking: 2020Top Trends in Retail Banking: 2020
Top Trends in Retail Banking: 2020Capgemini
 
Top Trends in Life Insurance: 2020
Top Trends in Life Insurance: 2020Top Trends in Life Insurance: 2020
Top Trends in Life Insurance: 2020Capgemini
 
Top Trends in Health Insurance: 2020
Top Trends in Health Insurance: 2020Top Trends in Health Insurance: 2020
Top Trends in Health Insurance: 2020Capgemini
 
Top Trends in Payments: 2020
Top Trends in Payments: 2020Top Trends in Payments: 2020
Top Trends in Payments: 2020Capgemini
 

Más de Capgemini (20)

Top Healthcare Trends 2022
Top Healthcare Trends 2022Top Healthcare Trends 2022
Top Healthcare Trends 2022
 
Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022
 
Commercial Banking Trends book 2022
Commercial Banking Trends book 2022Commercial Banking Trends book 2022
Commercial Banking Trends book 2022
 
Top Trends in Payments 2022
Top Trends in Payments 2022Top Trends in Payments 2022
Top Trends in Payments 2022
 
Top Trends in Wealth Management 2022
Top Trends in Wealth Management 2022Top Trends in Wealth Management 2022
Top Trends in Wealth Management 2022
 
Retail Banking Trends book 2022
Retail Banking Trends book 2022Retail Banking Trends book 2022
Retail Banking Trends book 2022
 
Top Life Insurance Trends 2022
Top Life Insurance Trends 2022Top Life Insurance Trends 2022
Top Life Insurance Trends 2022
 
キャップジェミニ、あなたの『RISE WITH SAP』のパートナーです
キャップジェミニ、あなたの『RISE WITH SAP』のパートナーですキャップジェミニ、あなたの『RISE WITH SAP』のパートナーです
キャップジェミニ、あなたの『RISE WITH SAP』のパートナーです
 
Property & Casualty Insurance Top Trends 2021
Property & Casualty Insurance Top Trends 2021Property & Casualty Insurance Top Trends 2021
Property & Casualty Insurance Top Trends 2021
 
Life Insurance Top Trends 2021
Life Insurance Top Trends 2021Life Insurance Top Trends 2021
Life Insurance Top Trends 2021
 
Top Trends in Commercial Banking: 2021
Top Trends in Commercial Banking: 2021Top Trends in Commercial Banking: 2021
Top Trends in Commercial Banking: 2021
 
Top Trends in Wealth Management: 2021
Top Trends in Wealth Management: 2021Top Trends in Wealth Management: 2021
Top Trends in Wealth Management: 2021
 
Top Trends in Payments: 2021
Top Trends in Payments: 2021Top Trends in Payments: 2021
Top Trends in Payments: 2021
 
Health Insurance Top Trends 2021
Health Insurance Top Trends 2021Health Insurance Top Trends 2021
Health Insurance Top Trends 2021
 
Top Trends in Retail Banking: 2021
Top Trends in Retail Banking: 2021Top Trends in Retail Banking: 2021
Top Trends in Retail Banking: 2021
 
Capgemini’s Connected Autonomous Planning
Capgemini’s Connected Autonomous PlanningCapgemini’s Connected Autonomous Planning
Capgemini’s Connected Autonomous Planning
 
Top Trends in Retail Banking: 2020
Top Trends in Retail Banking: 2020Top Trends in Retail Banking: 2020
Top Trends in Retail Banking: 2020
 
Top Trends in Life Insurance: 2020
Top Trends in Life Insurance: 2020Top Trends in Life Insurance: 2020
Top Trends in Life Insurance: 2020
 
Top Trends in Health Insurance: 2020
Top Trends in Health Insurance: 2020Top Trends in Health Insurance: 2020
Top Trends in Health Insurance: 2020
 
Top Trends in Payments: 2020
Top Trends in Payments: 2020Top Trends in Payments: 2020
Top Trends in Payments: 2020
 

Último

Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...ThinkInnovation
 
Presentation of project of business person who are success
Presentation of project of business person who are successPresentation of project of business person who are success
Presentation of project of business person who are successPratikSingh115843
 
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...Dr Arash Najmaei ( Phd., MBA, BSc)
 
IBEF report on the Insurance market in India
IBEF report on the Insurance market in IndiaIBEF report on the Insurance market in India
IBEF report on the Insurance market in IndiaManalVerma4
 
Digital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdfDigital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdfNicoChristianSunaryo
 
Role of Consumer Insights in business transformation
Role of Consumer Insights in business transformationRole of Consumer Insights in business transformation
Role of Consumer Insights in business transformationAnnie Melnic
 
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...Jack Cole
 
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Boston Institute of Analytics
 
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis modelDecoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis modelBoston Institute of Analytics
 
Statistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdfStatistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdfnikeshsingh56
 
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...ThinkInnovation
 
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBoston Institute of Analytics
 
DATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etcDATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etclalithasri22
 

Último (16)

Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
Decision Making Under Uncertainty - Is It Better Off Joining a Partnership or...
 
Insurance Churn Prediction Data Analysis Project
Insurance Churn Prediction Data Analysis ProjectInsurance Churn Prediction Data Analysis Project
Insurance Churn Prediction Data Analysis Project
 
Presentation of project of business person who are success
Presentation of project of business person who are successPresentation of project of business person who are success
Presentation of project of business person who are success
 
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
6 Tips for Interpretable Topic Models _ by Nicha Ruchirawat _ Towards Data Sc...
 
2023 Survey Shows Dip in High School E-Cigarette Use
2023 Survey Shows Dip in High School E-Cigarette Use2023 Survey Shows Dip in High School E-Cigarette Use
2023 Survey Shows Dip in High School E-Cigarette Use
 
IBEF report on the Insurance market in India
IBEF report on the Insurance market in IndiaIBEF report on the Insurance market in India
IBEF report on the Insurance market in India
 
Digital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdfDigital Indonesia Report 2024 by We Are Social .pdf
Digital Indonesia Report 2024 by We Are Social .pdf
 
Role of Consumer Insights in business transformation
Role of Consumer Insights in business transformationRole of Consumer Insights in business transformation
Role of Consumer Insights in business transformation
 
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
why-transparency-and-traceability-are-essential-for-sustainable-supply-chains...
 
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
Data Analysis Project Presentation: Unveiling Your Ideal Customer, Bank Custo...
 
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis modelDecoding Movie Sentiments: Analyzing Reviews with Data Analysis model
Decoding Movie Sentiments: Analyzing Reviews with Data Analysis model
 
Statistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdfStatistics For Management by Richard I. Levin 8ed.pdf
Statistics For Management by Richard I. Levin 8ed.pdf
 
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
Predictive Analysis - Using Insight-informed Data to Plan Inventory in Next 6...
 
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis ProjectBank Loan Approval Analysis: A Comprehensive Data Analysis Project
Bank Loan Approval Analysis: A Comprehensive Data Analysis Project
 
Data Analysis Project: Stroke Prediction
Data Analysis Project: Stroke PredictionData Analysis Project: Stroke Prediction
Data Analysis Project: Stroke Prediction
 
DATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etcDATA ANALYSIS using various data sets like shoping data set etc
DATA ANALYSIS using various data sets like shoping data set etc
 

Big & Fast Data: The Democratization of Information

  • 1. Big & Fast Data: The Democratization of Information Moving from the Enterprise Data Warehouse to the Business Data Lake
  • 2. 2 Big & Fast Data: The Democratization of Information
  • 3. Table of Contents Forewords 04 Steve Jones, Vice President for Global Big Data, Capgemini Insights & Data 04 Paul Gittins, Global Alliance Executive, Capgemini Global Channels & Partners 05 Executive summary 06 What organizations want to achieve with data-derived insights 07 Setting the strategic direction but delivering incrementally 07 The need for the democratization of data and analytics 08 Yesterday’s technology falls short of today’s aspirations 09 Emerging approaches enable the insight-led organization 11 Benefits of the BDL 11 How it works 12 Speed of adoption is of the essence 12 Architectural view of the Business Data Lake 13 Use case 1: Internet of Things 14 Use case 2: Transforming operational reporting 15 Use case 3: Anomalous behavior detection 15 IT’s new opportunity as the data broker to the enterprise 16 7 guiding principles 17 Conclusion 19 3 the way we see itInsights & Data
  • 4. Capgemini has always taken a business rather than technically focused approach to information. With the Business Data Lake Capgemini and Pivotal started from a simple question: what does the business want to see? From that question came recognition that traditional approaches were more about IT cost control than delivering business value. What is clear from the report is that many companies are already starting a transformation and seeing significant new business value from breaking out of traditional information silos such as the enterprise data warehouse. The majority however are suffering frustration with their current approaches, most notably the delivery methods of IT, and are not realizing the value that they say is there. This report outlines many of the challenges companies are facing and solutions to removing that frustration in order that they can transition to a new information landscape - one which works in harmony with the business. Forewords Steve Jones Vice President for Global Big Data Capgemini Insights & Data 4 Big & Fast Data: The Democratization of Information
  • 5. Paul Gittins Global Alliance Executive Capgemini Global Channels & Partners Is it possible that ubiquitous analytics represents the next phase of the information age? New business models are emerging, enabled by big data that business leaders are eager to adopt in order to gain advantage and critically, to mitigate disruptive threats from startups and parallel industries. The winners are likely to be those that master a cultural shift as well as a technology evolution. Our view is this will be realized through the alignment of a business-centric big data strategy, combined with democratization of the analytical tools, platforms and data lakes that will enable business stakeholders to create, industrialize and integrate insights into their business processes. Innovative approaches are needed to free up data from silos whilst encouraging both the sharing and the continuous improvement of insights across the business. While it will be evolution for some, revolution for others; the risk of status quo is not just the loss of opportunity but also a widening gap between business and the internal technology functions. 5 the way we see itInsights & Data
  • 6. Executive summary Data-driven insights, enabled by big data and integrated into operational processes, are delivering four key types of business value: • Efficiency and cost focus • Growth of existing business streams • Growth through market disruption from new revenue streams • Monetization of data itself, with the creation of new lines of business Underpinning these new models are new technology capabilities that allow businesses to deliver value in line with their strategic goals. In practice, this means democratizing access to analytics so that decision-makers at all levels can create and enhance the insights that they need, posing their own “what if” questions to a rich substrate of data. Our recent research1 confirms that current business intelligence technology such as the enterprise data warehouse (EDW) is not able to provide these capabilities. At best, only the most senior decision-makers have access to the insights that they need. More often, everyone is limited to structured data created within a fragmented set of spreadsheets, data marts and warehouses. The research shows that the traditional lengthy development cycles for new insights from IT based on EDW architectures has led to businesses not only questioning those traditional processes but also bypassing IT entirely in their quest to deliver new business value from analytics. The Business Data Lake (BDL) represents a new approach to the creation of analytical insights for the business, from the acceleration of traditional enterprise reporting through to new analytics driven by data science. The BDL works with high volumes of structured and unstructured data, storing them at low cost and making insights rapidly available throughout the enterprise. It can coexist with earlier investments, accelerating the evolution of the information landscape. By introducing the BDL, and moving towards a more iterative and agile approach to analytics and insight delivery, CIOs can evolve their information landscape to reposition the IT function as the business’s “insight enabler”. As a result, decision- makers at all levels of the business will be able to seize the opportunities of big and fast data more rapidly and so gain competitive advantage. 1 Big & Fast Data: The Rise of Insight-Driven Business, 2015 6 Big & Fast Data: The Democratization of Information
  • 7. What organizations want to achieve with data-derived insights In our recent report Big & Fast Data: The Rise of Insight-Driven Business, we discussed how data- driven insights are changing businesses, and identified the four key ways businesses are looking to drive new value from analytical insights: 1. Efficiency and cost reduction By leveraging both real-time data and historical information predictive analytics and adaptive insight- driven processes can reduce bottom line costs and drive operational improvements. These can provide increased margins or reduced cost to market. An example would be the use of predictive maintenance and intelligent workforce scheduling to reduce down-times and minimize service visits. 2. Growth of existing business streams New analytics is changing the way businesses engage with customers. Top-line growth and increased margins can be achieved by more targeted insights that select, target and support key customers. For instance, better insight in retail marketing and couponing can result in not only better direct impact but also secondary impacts through the use of social media distribution. 3. Growth through market disruption from new revenue streams Analytics and insight can deliver new ways to sell existing products. Here the service model is changed and so the economics of addressing the market. The shift of the aero engine industry away from selling engines to providing engine hours is an insight and data driven shift. 4. Monetization of data itself, with the creation of new lines of business As data volumes increase and analytics becomes the differentiation, so the data itself becomes a valuable business commodity. Companies like Facebook, Twitter and Google are fundamentally driven by their data and it is this that underpins their financial valuations. The ability to find value from data and monetize it provides dramatically different economic leverage in an insight driven world. To realize these new opportunities, the business needs technology capabilities that can deliver insights to support both the organization’s overall strategy and the demands of individual lines of business. The majority of businesses are adopting an incremental approach, as described in the panel. Source: Big & Fast Data: The Rise of Insight-Driven Business, p15 Setting the strategic direction but delivering incrementally A new mindset is emerging that involves quickly building proofs of concept, “failing fast”, and then, where value is found, scaling rapidly – in weeks or months – rather than launching multi-year programs. Execution takes place in three phases: 1. Proving value: We find the most successful programs start by addressing a few real business use-case opportunities. This creates a much stronger dialogue between IT and business. Even at this point it is important to understand the path to scaling out the capability for the business, otherwise these become dead end initiatives. (Some programs try to shortcut this phase by performing a technology evaluation. In our experience this approach actually increases time to value, as the business is less engaged and cannot attach real business value to the outcome.) 2. Expansion to pilot: Companies often choose an entire line of business for migration to the new environment, with a focus on ensuring scalability, performance and adoption. 3. Enterprise adoption and uptake: Some companies start to migrate specific business units or functional areas, with a focus on expanding use cases and enhancing platform capabilities. What sets the successful programs apart is that they take this business-centric incremental approach within the framework of a clear strategy, ensuring a long term focus on moving towards a converged information landscape which is aligned with long term business objectives. 7 the way we see itInsights & Data
  • 8. The need for the democratization of data and analytics In determining the right technology strategy to realize the types of opportunities identified in the preceding section, business users are asking key questions: • How do I align the pace of insight creation – the “time to insight” – to the pace of my business opportunity? • How do I integrate the insight into my decisions to drive an appropriate action? • How can I ensure I am not constrained by the insights that other areas of the business are trying to obtain? • How do I industrialize and deploy these insight services across the business and minimize the time to value? It is not usually realistic to expect IT alone to be able to respond to these needs individually. Historically, requests to IT for mechanisms to analyze data in new ways just take too long to fulfill. The constraints of single-schema EDW models mean that by the time the insight is available the opportunity has passed. To overcome these limitations, instead of just delivering insights to business functions on request, IT needs to provide business users with first an increasingly rich data substrate that they can access to create insights of their own, and second analytical tools and services that vastly expand the analytical capacity of the organization. By providing these two things IT enables and supports the evolution of the way the business uses data and insight: • Business areas can focus on the distillation they want to match their needs, rather than all parties needing to agree on a single enterprise wide schema before getting any value. These business area focused views match their challenges and perspectives, without having a multi-year program to gain alignment on the meaning of each data type being used in the business. • The business can move beyond viewing history to adopting new capabilities: real-time reporting, predictive analytics, and machine learning. These new capabilities can move far beyond the traditional EDW, with in-transaction response times or complex mathematics that require fundamentally different approaches from those that simply report the facts of the past. With a data substrate and matched analytical services in place, lines of business can interrogate wide data sets using a broad choice of analytical tools, asking “what if” type questions, predictive analytics, machine learning as well as traditional linear reports. They can leverage existing insight models that have been enhanced with previous insights or create new ones, both at a pace that enables them to seize opportunities as they emerge, without being constrained or rushed by the pace of other units’ needs. This approach is democratic in two senses. First, data is directly available to the business with minimal IT intervention. Second, decision-makers at any level of the business can access all the information they have permission to receive. This moves away from a central, planned, committee-based approach that dictates the way data is organized and limits the variety of new analyses that are possible. The result is a more agile business that is better poised to build competitive advantage. Time to insight: the speed from data ingest and analysis to resultant insights that can drive action. The criticality of this speed depends on the opportunity and the window for response. For example, the window from surfacing an insight on a customer and providing the next- best-action might be two seconds when the customer calls a contact center. Time to value: the speed at which insight capabilities, once developed, can be deployed, scaled and made available to the business owners. The faster they can be deployed the greater the competitive advantage. Development and deployment might take place 10 days ahead of a 30 days, short-term marketing campaign. 8 Big & Fast Data: The Democratization of Information
  • 9. Yesterday’s technology falls short of today’s aspirations Democratizing insight is not a totally new idea. Ideas like self- service business intelligence have been around for a long time, and there were high hopes that the EDW would make business users less dependent on the IT function for their insights and more able to interrogate the data for themselves. Traditional solutions provide various levels and types of analyses of structured data, but are not designed to handle either the volumes or varieties of data that are currently available to the business. Fundamentally, these older solutions were designed to report on data after the fact: to show what has already happened. Today’s challenges are to report on what is happening now and what will happen in the future. As new data sources, especially unstructured data, become important to the business, the restrictions lead to breakaway business solutions that can better represent what the business wants to see. One provocative view is that it is not surprising that the EDW has failed to achieve democratization. Its goal was to be the single place for the end-to-end enterprise information capability, empowering individuals across the organization. The reality, however, is that EDW-based approaches are biased towards committee-based decision-making. In an EDW, there is a single schema defining the data; experience shows that this definition usually ends up serving the needs of a narrow subset of the organization, while the rest generally have to make do with views of the data that represent a significant compromise of various conflicting or misaligned requirements. The compromise of data views in enterprise environments The reality in the business is that analytics to date is built from data that has a fundamental compromise: it is of uncertain veracity; the real-time data that is increasingly required for decision-making is not available; and insights are not connected to business actions. The Dimensions of data use in the enterprise Fit How fit for purpose is my view of data? How much granularity is available in my view? How recent is the data? +24hrs = 20% less useful How much compliance & quality has been applied? Detail Freshness Fidelity 4key 9 the way we see itInsights & Data
  • 10. Our study found that current approaches are not achieving what the business wants and are not delivering to the level that today’s information-centric business requires. The responses clearly indicate that traditional approaches cannot provide the complete answer in a world increasingly dominated by a high diversity of structured and unstructured data, much of which is not directly under the control of the organization. There is a clear divide between senior and operational management: Of those organizations that have not yet implemented big data technology, 62% consider the data analytics provision to be either good or very good for senior management, but only 43% feel the same way about the provision to non-management employees. Supplementary solutions are widespread, with 72% using local business intelligence tools and 63% using local data marts. This does not just suggest that effort is being duplicated and data used in inconsistent ways; it also implies that people are often working with different and out-of-date snapshots of data. This inconsistency often drives contradictory decision-making and poor operational efficiency. The use of delayed insight also represents a challenge, with 77% of our respondents saying that decision-makers increasingly require data in real time. The need for advantage through insight, operational efficiency, fast data, and business agility is beginning to fundamentally transform how businesses approach information. A batch- fed EDW cannot be the whole story when insight needs to be delivered to the point of action. FIGURE 1: Traditional approaches are constrained in a data world Em ails and docum ents Pa rtner and market da ta M achine and monitoring dat a Social media and interaction Core transactions Traditional approaches are constrained in a data world The volumes of data are exploding The ability to control and dictate in an “outside-in” world is minimal More and more business value is beyond the core transactions The old approach of “a single view” is impossible in a world of federated internal and external data 1 2 4 3 10 Big & Fast Data: The Democratization of Information
  • 11. The BDL can provide the democratization that businesses need using the latest in big data technology. It is designed to overcome the limitations of traditional business intelligence (BI) systems and provide an evolutionary approach that helps organizations augment and transition to a data centric business. The BDL provides a way forward with a complete rethink of the way data is ingested, stored and organized for analytical purposes. It democratizes insight by giving the business the capabilities it needs to seize opportunities rapidly, providing a common analytical engine for the business. Benefits of the BDL This new approach to enterprise reporting and information management has fundamental advantages. It: • Enables a focus on local requirements, whether from the board or the warehouse manager Emerging approaches enable the insight-led organization • Provides access to everything by storing it in a single connected substrate • Provides key insights from data where and when it’s needed • Enables the appropriate level of governance to accelerate business collaboration Essentially, the BDL approach gives the CIO and IT function the ability to align and accelerate the digital strategy for the business. As we found in Leading Digital2 , the key success factor for digital transformation is to have a clear strategy, driven from the center, to ensure you work towards the returns you’re looking for. BDL enables that strategy into operations by providing an robust and flexible platform for the creation of business insights. FIGURE 2: Business Data Lake Realize Time to insight reduces/Cost to develop new insights reduces Impact Act Actions Surface Insights Context Distill and Analyze Insights continually enrich the data Lake to drive improved future insights Results Data Lake Ingest Operate Integrate Learn Operate Integrate Learn Value Value 2 George Westerman, Didier Bonnet and Andrew McAfee, Leading Digital: Turning Technology into Digital Transformation, Harvard Business Review Press, 2014 11 the way we see itInsights & Data
  • 12. How it works The BDL approach is illustrated in the diagram on the next page. Its basic principles are: • Ingest any kind of data at scale, structured or unstructured data sets – from any internal, partner, IoT or open data • Store for both near real-time and long-term analysis at the lowest possible cost • Analyze in batch or real time; complement with data science tooling • Surface insight, i.e. bring the insight arising from analysis into management tools, together with its context • Take action and drive action back into the system for future improvements The BDL supplements and incorporates data from existing systems such as the EDW, rather than requiring them to be replaced. If an EDW is satisfying its current data capture and base reporting requirements, a BDL can complement to provide to more powerful predictive analytics engine. Insights from the BDL can supplement traditional, more linear, reporting from the EDW. Including the EDW as one of the corporate views within a BDL positions IT to help the business get what it needs in any situation. The BDL draws information from existing systems and legacy data solutions and provides a platform on which new insight driven services can be developed and integrated back into operations or turned into entire new data monetization business lines. It demonstrates a lower risk, augmentation driven approach to the next generation of insights. Speed of adoption is of the essence The BDL enables organizations to progress much faster towards their goals than conventional approaches. To gain competitive advantage, they need to start getting acquainted with it sooner rather than later. Respondents in our study quickly spotted the potential: 61% state that the BDL architecture would be relevant to their organization, with 29% strongly agreeing this is the case. 12 Big & Fast Data: The Democratization of Information
  • 13. Sources Real-time ingestion Micro batch insights Batch ingestion Action tier Real-time insights Interactive insights Batch insights Ingestion tier Real-time Micro batch Mega batch Insights tier SQL NoSQL SQL SQL MapReduce Query interfaces System monitoring System management Data mgmt. services MDM RDM Audit and policy mgmt. Workflow management Unified operations tier Unified data management tier In-memory Processing tier Distillation tier MPP database HDFS storage Unstructured and structured data The Business Data Lake is the first unified architecture for big and fast data and the only one designed for driving third-generation data platforms. The figure shows the key tiers of a Business Data Lake. Data flows from left to right. The tiers on the left depict the data sources, while the tiers on the right depict the integration points where insights from the system are consumed. Key tiers are: Storage: Ability to store all (structured and unstructured) data cost efficiently in the Business Data Lake – Hadoop (HDFS) Ingestion: Ability to bring data from multiple sources across all timelines with varying quality of service (QoS) Distillation: Ability to take data from the storage tier and convert it to structured data for easier analysis by downstream applications Processing: Ability to run analytical algorithms Architectural View of the Business Data Lake and user queries with varying QoS (real-time, interactive, batch) to generate structured data for easier analysis by downstream applications Insights: Ability to analyze all the data with varying QoS (real-time, interactive, batch) to generate insights for business decisioning Action: Ability to integrate insights with business decisioning systems to build data-driven applications. Unified data management: Ability to manage the data lifecycle, access policy definition, and master data management and reference data management services Unified operations: Ability to monitor, configure, and manage the whole data lake from a single operations environment 13 the way we see itInsights & Data
  • 14. Use case 1 Internet of Things Business The internet of things (IoT) is about connecting smart devices to the internet so that they can stream data, improving support and enabling better decision- making. This raises two key challenges. First, the speed at which these devices need to react and be updated – it’s no good telling a car about traffic on its route only after it has reached its destination, or tuning a wind turbine after it has broken. The second challenge is that of volume. With potentially millions of devices in circulation, each generating information “beeps” every second, the volume of data can quickly become prohibitively costly to handle within traditional databases. The BDL provides key services needed to deliver business value from this data “firehose”, as it has been called. The BDL can ingest large volumes of information at a fraction (a tenth or less) of the cost of traditional technologies. It can handle high volume streams of information from devices. It can carry out predictive analytics based on historical data. And it can use machine learning to drive adaptive analytics in real time. With these foundations in place, you can operate at the pace of the “thing” itself to create the right actionable insight – whether that is focused on cost efficiencies in a wide grid of sensors deployed across a country, or building new lines of business based on health data from a wearable device. 14 Big & Fast Data: The Democratization of Information
  • 15. Use case 2 Transforming operational reporting Use case 3 Anomalous behavior detection Operational reporting has long posed a challenge for enterprises: how to meet local reporting needs while focusing on an enterprise context. The BDL resolves this conundrum, because there is no longer any need to choose between operational and enterprise views. Instead, you just need to find the right view of data to meet a given business need. The BDL provides rapid analytics and mobile BI support as well as predictive analytics capabilities. These give operational reporting the power of modern BI and analytics in a platform that can be leveraged across the business. For example, in a large consumer goods company, the head of marketing in Malaysia may need to look at just that part of the market. The local distribution center will need different insight from the same data to optimize stock levels. All of this information will also be used at the Asia and global levels for other purposes. With the BDL in place, all of them will be deriving insights from the same source information sets within a single data substrate. This means they are aligned, but not constrained. The BDL approach lends itself to anomalous behavior detection, addressing IT security issues that conventional methods can’t. It can help to detect and prevent theft of data or intellectual property (IP), for instance at the behest of nation states or organized crime, or by a disenchanted employee. SIEM AD HR Structured data Unstructured data Machine learning defines “Normal” across user base Inform management Adjust policies Lockdown Automated response based on level of deviation and system critically Images Social Email Video GRC IAM Users accessing key systems within role as defined by GRC Deviation from norm triggers action The solution can quickly identify when a user is behaving in a way that is abnormal for them and take appropriate action to limit what they can do, or flag up the situation for managerial attention. It can also predict when anomalous behavior is likely to occur, flagging events of interest for further investigation for potential security breach. 15 the way we see itInsights & Data
  • 16. IT’s new opportunity as the data broker to the enterprise Over a third (36%) of the most senior (C-level or director-level) non-IT decision-makers taking part in the study say that their business unit has circumvented IT in order to carry out the data analytics it requires. This internal and external “shadow IT” underlines the point that the IT department is already becoming marginalized. In the early 90s, IT managers who focused on minicomputers were ousted because they didn’t see the PC revolution coming; this revolution was led by business instead. The same thing is happening again. Software as a Service (SaaS) and managed platform solutions for big data are providing business leaders with ways to directly procure insights without involving their IT department. Why are so many business leaders bypassing IT and going outside for solutions? Our study identifies two key reasons. First, nearly half (47%) of respondents agree that their organizations’ IT systems are not optimized to enable business decision-makers in all departments to effectively do their jobs. Second, there is a general feeling that everything is taking too long. About 45% of respondents complain that the current development cycle for new analytics is too long and does not match their business requirements. Over half (53%) consider the speed of their organization’s insight generation to be constrained by its IT development process. All these are clear signs that IT runs the risk of being seen as a barrier to business change instead of an enabler. CIOs must act now to reverse this perception as history has shown us that the CIO as blocker of business innovation tends not to survive very long. Instead of struggling to meet requests from business users, IT has an opportunity to become a broker of data and insights. Data comes from inside the traditional internal transactional systems but also increasingly from external sources (e.g. social media, open data, internet of things) and from implicit ones (e.g. log files, internal security, email, documents). The key is for IT to put in place technologies and delivery methods that enable effective democratization of insights in a way that last-generation approaches such as the EDW have failed to do, meeting the increasingly pressing need for fast time to insight. In fact, more than half (54%) of respondents stated that they consider leveraging fast data to be more important than leveraging big data. In this way IT can help the business to realize the available opportunities. For the IT function, the opportunity is to reposition itself as a data broker at the same time as it democratizes the creation of insights. In this new role, it will provide end-users with business-centric platforms and platform-based services including: • An enterprise-wide data substrate that ingests and manages the widest variety of data. • Big data foundations (Hadoop, MPP SQL, in-memory, streaming, etc) • Higher-order tooling such as data quality, management services (master data management/reference data management. The focus becomes governing data where it needs to be shared, a shift away from a single-schema approach with its inevitable compromises, towards governing the data that needs to be shared. • Platform consumption by the end users “as a service”, which includes infrastructure, capacity, identity management, etc. • Self-provisioned business intelligence, data science tools, and access to as many previously created insights as possible. 16 Big & Fast Data: The Democratization of Information
  • 17. Our guiding principles towards democratized analytics 1 5 6 74 2 3 7Guiding Principles Embark on the journey to insights within your business and technology context Master governance, security and privacy of your data assets Enable your data landscape for the flood coming from connected people and things The journey towards an insight-led enterprise 4 Develop an enterprise data science culture 5 Unleash data and Insights-as-a- Service 6 Make insights-driven value a crucial business KPI 7 Empower your people with insights at the point of action Principle 1: Embark on an insights journey, respecting your business and technology context The starting point must be your business objectives. Design your roadmap to harness new data sources based on how they will help achieve these objectives. Equally importantly, your journey must be dictated by where you start, in terms of data maturity but also technology. Principle 2: Organize the new data landscape for a data flood from connected people and connected things (IoT) There are many new technologies that enable the capture and management of the data flood. Your new data landscape should be a mixture of these technologies, chosen to provide the right solution in terms of cost, flexibility and speed to suit each specific data set and to meet the insight needs of the business. We see the following seven principles as central to making the necessary transformation: 17 the way we see itInsights & Data
  • 18. Principle 3: Create a pervasive data science skillset and attitude Data science unlocks the insights. It needs to become part of the culture of the organization. Only by embedding it throughout the enterprise, and systematically making all decisions better informed, can organizations achieve the transformation to becoming insight-led. Principle 4: Unlock Data- and Insights-as-a-Service The demand from business users for information and data-driven insights is ever increasing in virtually all organizations. To harness this, business users must feel that they can rapidly access the information they need where and when they need it. Principle 5: Introduce ROI of insights as a crucial business KPI Measure your measurement: apply data science to your data science to see where you are adding value and where you are not. If data is becoming one of your most valuable assets then treat it as such – include it in KPIs and business reviews. Principle 6: Master the governance, security and privacy of your data assets Insights from unreliable data are worse than no insights at all. Equally, programs fail and businesses leave themselves exposed if data is not handled securely and with consideration of relevant privacy issues. Principle 7: Empower your people with insights at the point of action Ultimately all organizations are a series of decision points, both at the macro and micro level. Empowering your people with timely insights that make each of those decisions just 5-10% better will transform your business. Through the application of these principles, we are seeing organizations start to generate real value. In our study with MIT3 , we demonstrated that only when technology adoption is accompanied by transformation management (including vision, business engagement, and organizational change) do businesses realize tangible benefits in terms of profitability and market valuation. This is as true for big data technology implementation as it is for any other technology. 3 The Digital Advantage: How digital leaders outperform their peers in every industry, http://www.capgemini.com/resources/the-digital-advantage-how- digital-leaders-outperform-their-peers-in-every-industry 18 Big & Fast Data: The Democratization of Information
  • 19. Conclusion Our study found business leaders saying they need better, faster and more focused access to analytical insights and that traditional solutions and methods are not delivering what they need. IT departments need to democratize the way they deliver insights to decision-makers if they are to enable the business to realize the opportunities presented by big data. IT must provide the necessary capabilities, both in order to help the business exploit the new generation of insight-driven business opportunities and to ensure that the information landscape evolves to meet the increasing expectations of the business. By delivering a next-generation business-centric information infrastructure, the CIO can move fast to make all this happen. Building an open, shared analytics platform for the enterprise enables rapid delivery of insights. The new solutions can be integrated with legacy platforms, or new platforms built to embrace new data monetization opportunities. For the next generation of data-driven insights for the enterprise, the Business Data Lake represents an opportunity for the IT function to become the true data broker for the enterprise – by modernizing the data landscape and truly democratizing analytics across the enterprise, allowing the business to adopt entire new business models at pace. This study draws on research conducted by FreshMinds on behalf of Capgemini and EMC. It combines the results from a quantitative online survey and supplementary in-depth qualitative interviews. About 1,000 senior decision-makers from across nine industries and 10 countries worldwide took part in the online survey. We would like to take this opportunity to thank all respondents for their valuable time and contributions. FreshMinds is an award-winning insight and innovation consultancy. FreshMinds helps global organizations drive growth by discovering market opportunities, developing game-changing products and services, and creating captivating launch campaigns. Driven by a belief that businesses need to become more agile in the face of digital disruption, FreshMinds delivers agile insight that helps organizations get further, faster, with confidence. www.freshminds.net About the study 19 the way we see itInsights & Data
  • 20. About Capgemini With almost 145,000 people in over 40 countries, Capgemini is one of the world’s foremost providers of consulting, technology and outsourcing services. The Group reported 2014 global revenues of EUR 10.573 billion. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM , and draws on Rightshore® , its worldwide delivery model. For further information visit www.capgemini.com/insights-data www.pivotal.io/big-data/businessdatalake or contact us at insights@capgemini.com The information contained in this document is proprietary. No part of this document may be reproduced or copied in any form or by any means without written permission from Capgemini. ©2015 Capgemini. All Rights Reserved. Rightshore® is a trademark belonging to Capgemini. MCOS_GI_MK_20151304