Transcript Document

• Business Analytics
https://store.theartofservice.com/the-business-analytics-toolkit.html
Apache Hadoop Commercially supported Hadoop-related products
In May 2010, Pentaho announced
support for Apache Hadoop allowing
companies to access data integration
and business analytics directly against
Apache Hadoop based distributions of
Hadoop. In January 2012, Pentaho
announced they made their big data
integration capabilities freely under
open source, and moved the entire
Pentaho Kettle (data integration engine)
project from the LGPL license to the
Apache License.
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Apache Hadoop Commercially supported Hadoop-related products
Dell added Pentaho Business
Analytics to the Dell Apache Hadoop
solution for big data analytics. This
consists of Dell servers, Dell
networking components, Dell's
Crowbar cloud deployment
framework open source software, and
Cloudera Distribution including
Apache Hadoop (CDH).
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Software as a service Data escrow
1
Many businesses are also keen to ensure
that they are complying with their own data
governance standards or want improved
reporting and business analytics against
their SaaS data
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Business intelligence Business intelligence and business analytics
1
Thomas Davenport argues that business
intelligence should be divided into
querying, reporting, OLAP, an "alerts" tool,
and business analytics. In this definition,
business analytics is the subset of BI
based on statistics, prediction, and
optimization.
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Business process management BPM technology
1
Business Analytics — enable managers to
identify business issues, trends, and
opportunities with reports and dashboards
and react accordingly
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Tim Bray - Antarctica Systems
1
In 1999 he founded Antarctica Systems, a
Vancouver, Canada-based company that
specializes in visualization-based business
analytics.
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Jabil Circuit - Supply Chain and Logistics
These services include electronic
sourcing, virtual / vertical mechanics,
logistics, supply chain management,
advanced planning, quality,
standardized global systems, and
supply chain solutions and business
analytics
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University of Petroleum and Energy Studies
1
Tech in Computer Science Engineering with
specialization in : Cloud Computing &
Virtualisation Technologies in association with
IBM, Mainframe Technology in association
with IBM, Open Source & Open Standard in
association with IBM, Oil & Gas Informatics in
association with IBM, Telecom Informatics in
association with IBM, Retail Automation in
association with IBM, Business Analytics and
Optimization in association with IBM, IT
Infrastructure in association with IBM B
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Carrier IQ - History
1
On October 27, 2011, International Data
Corporation|IDC named Carrier IQ
Innovative Business Analytics Company
Under $100M
http://www.carrieriq.com/company/PR.IDC
_Names_Innovative_Companies_FINAL_1
0_27_11.led.pdf
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Hadoop - Commercially supported Hadoop-related products
1
* Dell added Pentaho Business Analytics
to the Dell Apache Hadoop solution for big
data analytics. This consists of Dell
servers, Dell networking components,
Dell's Crowbar cloud deployment
framework open source software, and
Cloudera Distribution including Apache
Hadoop (CDH).
https://store.theartofservice.com/the-business-analytics-toolkit.html
Hadoop - Commercially supported Hadoop-related products
* Pentaho announced support for
Apache Hadoop allowing companies to
access data integration and business
analytics directly against Apache
Hadoop based distributions of Hadoop. In
January 2012, Pentaho announced they
made their big data integration
capabilities freely under open source,
and moved the entire Pentaho Kettle
(data integration engine) project from
the LGPL license to the Apache License.
1
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Operational Intelligence
1
'Operational intelligence' ('OI') is a
category of real-time dynamic,
business analytics that delivers
visibility and insight into data,
streaming events and business
operations
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Human interaction management - BPM technology
* Business Analytics — enable
managers to identify business issues,
trends, and opportunities with reports
and dashboards and react accordingly
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Business architecture - The Object Management Group
This initiative has as a key part of its
mission the interlinking and unification of
existing standards to accommodate the
demands for integrated end-to-end
business analytics
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Business analytics
1
Business analytics focuses on
developing new insights and
understanding of business
performance based on data and
Statistics|statistical methods
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Business analytics
1
Business analytics makes extensive use of
data, Statistics|statistical and Quantitative
research|quantitative analysis, explanatory
and predictive modeling, and fact-based
management to drive decision making. It is
therefore closely related to management
science. Analytics may be used as input for
human decisions or may drive fully
automated decisions. Business intelligence is
Information retrieval|querying, reporting,
OLAP, and alerts.
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Business analytics
1
In other words, querying, reporting,
OLAP, and alert tools can answer
questions such as what happened, how
many, how often, where the problem
is, and what actions are needed.
Business analytics can answer
questions like why is this happening,
what if these trends continue, what
will happen next (that is, predict),
what is the best that can happen (that
is, optimize).
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Business analytics - History
More and more companies are now
equipping their employees with the
know-how of Business Analytics to
drive efficiency in day-to-day decision
making.
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Business analytics - Challenges
Business analytics depends on
sufficient volumes of high quality data.
The difficulty in ensuring data quality is
integrating and reconciling data across
different systems, and then deciding
what subsets of data to make available.
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Business analytics - Challenges
1
Now business analytics is becoming a tool that can
influence the outcome of customer interactions
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DeveloperWorks
Briefings focused on emerging
technologies such as Cloud
Computing, Business Analytics, and
Collaboration for business to educate
participants and help them in the
career
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Analytics - Portfolio analysis
1
A common application of business analytics is
Portfolio finance|portfolio analysis
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Linear regression - Trend line
1
Trend lines are sometimes used in business
analytics to show changes in data over time
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RapidMiner
It is used for business and industrial
applications as well as for research,
education, training, rapid prototyping,
and application development and
supports all steps of the data mining
process including results visualization,
validation and optimization.Markus
Hofmann, Ralf Klinkenberg,
“[http://www.amazon.com/RapidMinerAnalytics-Applications-KnowledgeDiscovery/dp/1482205491 RapidMiner:
Data Mining Use Cases and Business
Analytics Applications (Chapman
Hall/CRC Data Mining and Knowledge
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RapidMiner - Description
1
RapidMiner is distributed under the Affero
General Public License|AGPL open source
license and has been Host
(network)|hosted by SourceForge where it
is rated the #1 business analytics software
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Cohort Analysis
1
Cohort analysis has come to describe
specifically the analysis of cohorts in
regards to big data and business
analytics, while a cohort study is a
more general umbrella term that
describes a type of study in which
data is broken down into similar
groups.
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Prescriptive analytics
1
'Prescriptive analytics' is the third and final
phase of business analytics Business
analytics|(BA) which includes descriptive,
Predictive analytics|predictive and
prescriptive analytics.
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Prescriptive analytics
1
The first stage of business analytics is
descriptive analytics, which still
accounts for the majority of all
business analytics today
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Prescriptive analytics - Further reading
*[
http://business.gwu.edu/decisionsciences/i
2sds/pdf/Program%20in%20BA%20prese
ntation.pdf Business Analytics Information
Event], I2SDS and Department of Decision
Sciences, School of Business, The
George Washington University (February
10, 2011).
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Business Process Discovery - Application / techniques
*Business process discovery is the next
level of understanding in the emerging
field of business analytics, which allows
organizations to view, analyze and adjust
the underlying structure and processes
that go into day-to-day operations. This
discovery includes information gathering of
all of the components of a business
process, including technology, people,
department procedures and protocols.
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Behavioral analytics
While business analytics has a more
broad focus on the who, what, where and
when of business intelligence, behavioral
analytics narrows that scope, allowing one
to take seemingly unrelated data points in
order to extrapolate, predict and determine
errors and future trends
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Chief data officer - Notable example CDOs
* The Seattle Children's Hospital has
since 2007 a Chief Data Officer in
charge of both a Lab (Bioinformatics
and High-throughput Analysis) and
Business analytics (strategic
development and resource
management of the hospital, economic
modeling...).Delort P., OECD ICCP
Technology Foresight Forum, 2012.
http://www.oecd.org/sti/ieconomy/Sessi
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Management consulting - Professional qualifications
1
* Consulting qualifications: MSc Business
Analytics and Consulting Practice, Hull
University Business School, UK, Master of
Science in Business Consulting (MSc),
Furtwangen University of Applied
Sciences, Germany/Master of Business
Administration in International Business
Consulting (MBA) The Graduate School of
Offenburg University of Applied
Sciences|Hochschule Offenburg University
of Applied Sciences, Germany
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Chief learning officer
1
A full complement of skills, from business
analytics, technology, learning theory,
performance consulting and scientific
inquiry are important for
success.[http://www.bersin.com/blog/post.
aspx?id=de0e7229-d688-4746-87365817482885c8 Bersin by Deloitte: Today's
World-Class Chief Learning Officer] The
CLO may report directly to the CEO, but
may also report to the Head of Human
Relations|HR or Chief Talent Officer.
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Pentaho Data Integration
It offers a suite of open source
Business Intelligence (BI) products
called Pentaho Business Analytics
providing data integration, OLAP|OLAP
services, reporting, Dashboards
(management information
systems)|dashboarding, data mining
and Extract, transform, load|ETL
capabilities. Pentaho is headquartered
in Orlando, FL, USA.
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Pentaho Data Integration - Social Media Communication
** The Pentaho Community Wiki
provides not only product
configuration and usage information,
but also developer oriented
information to help newcomers
acquire the source code, set up a
development environment,
understand scrum development, see
current development objectives, and
understand the architecture of the
business analytics platform and
surrounding products.
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Pentaho Data Integration - Licensing
It provides two different editions of
Pentaho Business Analytics: a community
edition and an enterprise edition
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Sybase IQ - Technology
Sybase IQ has an open interface
approach towards its ecosystem. Most of
the popular commercial and open source
business intelligence and data integration
tools are certified to work with Sybase IQ.
Moreover, now as part of SAP, Sybase IQ
is also integrated with SAP’s Business
Intelligence portfolio of products to form an
end-to-end business analytics software
stack.
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MicroStrategy - Overview
MicroStrategy remains one of the few
independent, publicly traded BI software
providers in the business intelligence (BI)
market. Its primary business analytics
competitors include SAP AG|SAP
Business Objects, IBM Cognos, and
Oracle Corporation|Oracle's BI Platform.
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Applix
'Applix Inc.' was a computer software
company founded in 1983 based in
Westborough, Massachusetts that published
Applix TM1, a MOLAP database server, and
related presentation tools, including Applix
Web and Applix Executive Viewer. Together,
Applix TM1, Applix Web and Applix Executive
Viewer were the three core components of
the Applix Business Analytics Platform. Applix
did business in over 50 countries with over
3,000 customers worldwide.
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SAS Institute Inc. - Software
SAS Institute develops and markets
business analytics software collectively
called SAS (software)|SAS
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SAS Institute Inc. - Charity and community
1
“[http://www.sas.com/news/preleases/chan
ge-the-equation-education-initiative.html
Business analytics leader SAS joins White
House education effort].” October 6, 2010
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SPSS - Versions and ownership history
1
IBM SPSS is now fully integrated into
the IBM Corporation, and is one of the
brands under IBM Software Group's
Business Analytics Portfolio, together
with Algorithmics Inc.|IBM
Algorithmics, Cognos|IBM Cognos and
OpenPages|IBM OpenPages.
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Netezza - History
1
Netezza will expand IBM's business
analytics initiatives to help clients
gain faster insights into their business
information.[http://www03.ibm.com/press/us/en/pressreleas
e/32514.wss#release IBM to Acquire
Netezza, IBM Press Release,
September 20, 2010]
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Cognos - History
In January 2010, as part of a
reorganization of IBM Software Group,
Cognos software and software from
recently acquired SPSS were brought
together to create the Business Analytics
division.
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Cognos - Products
On October 25, 2010, at the Business
Analytics Forum in Las Vegas,
Nevada|Las Vegas, IBM General Manager
for Business Analytics and former
Cognos CEO Rob Ashe announced IBM
Cognos 10. A significant upgrade to IBM
Cognos 8 BI, this new software brings
together social collaboration and
analytics for business users to gain realtime intelligence in a single, user-friendly
interface — online or through mobile
devices such as iPad, iPhone and
BlackBerry devices.
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Cognos - Products
1
*Analytic Applications (Packaged BI
Applications, built on an adaptable
platform and extensible into Business
Analytics)
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IBM Mashup Center - Features
Users can extend their mashup
environment by incorporating custom
developed widgets provided by IT, widgets
available on the external IBM Mashup
Catalog,[http://www.ibm.com/press/us/en/p
ressrelease/28697.wss IBM Mashup
Center 2.0: New IBM Mashup Capabilities
Bring Business Analytics to the Desktop]
or widgets from across the Web, including
any of the thousands of Google Gadgets.
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Data center infrastructure management
While the physical layer of the data center has
historically been viewed as a hardware exercise,
there are a number of DCIM Suite and DCIM
Specialist SOFTWARE vendors who offer varied
DCIM capabilities including one or more of the
following; Capacity Planning, high-fidelity
visualization, Real-Time Monitoring,
Cable/Connectivity management,
Environmental/Energy sensors, business analytics
(including financial modeling), Process/Change
Management and integration well with various
types of external management systems and data
sources.
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IBM India Research Laboratory
* Business Analytics and Optimization:
Making sense of huge amount of data
generated from diverse sources in service
organizations.
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Professional Association for SQL Server
1
Currently, PASS is looking to add one
more conference to its Portfolio, with
a brand new conference focused on
Business Analytics to happen in April
of 2013.
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Watson (computer) - Final outcome
1
The company sees a future in which fields
like medical diagnosis, business analytics,
and technical support|tech support are
automated by question-answering
software like Watson
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List of fields of application of statistics
*'Business analytics' is a rapidly
developing business process that applies
statistical methods to data sets (often very
large) to develop new insights and
understanding of business performance
opportunities
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SYSTAT
1
In 1995 SYSTAT was sold to SPSS Inc.,
who marketed the product to a scientific
audience under the SPSS Science
division. By 2002, SPSS had changed its
focus to analytics|business analytics and
decided to sell SYSTAT to Cranes
Software in Bangalore, India. Cranes
formed Systat Software, Inc. to market and
distribute SYSTAT in the US, and a
number of other divisions for global
distribution. The headquarters are in
Chicago, Illinois.
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Data science
1
Data science is a buzzword, often used
interchangeably with analytics or big
data, that is often abused for
marketing anything involving data
processing, in particular to re-brand
existing competitive intelligence and
business analytics approaches
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University of Tennessee, Knoxville - Rankings
*The Master of Science in Business
Analytics program is ranked as a 'Big Data
Analytics Master's Degrees: 20 Top
Programs' by
InformationWeek.http://www.informationwe
ek.com/big-data/big-data-analytics/bigdata-analytics-masters-degrees-20-topprograms/d/did/1108042?page_number=20
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Taleo - Taleo Research
1
Taleo Research, the talent-management
research division of Taleo, originated in
1997 as iLogos Internet Intelligence, It
analyzes the best practices and
economics of talent management, with
a particular focus on the business
analytics that tie talent-management
technology and process improvements
to financial results
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University of Connecticut - Graduate Business Center
1
Located at Constitution Plaza in downtown
Hartford, UConn's Graduate Business
Learning Center is home to the UConn
School of Business part-time and
Executive MBA Hartford program and MS
in Business Analytics and Project
Management (MSBAPM), as well as the
SSC Technologies Financial Accelerator
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Gregory I. Piatetsky-Shapiro
1
'Gregory I. Piatetsky-Shapiro' (born 7 April
1958) is a Data Scientist, co-founder of
KDD conferences and Association for
Computing Machinery|ACM SIGKDD
association for Knowledge Discovery and
Data Mining, and President of KDnuggets,
a leading site on Business Analytics, Data
Mining, and Data Science. For simplicity,
he usually abbreviates his name as
'Gregory Piatetsky'.
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Gregory I. Piatetsky-Shapiro - Career
1
Gregory left Xchange in May 2001 and
became a self-employed consultant.
He works on a wide variety of projects
in Business Analytics, Pharma and
Life Science
[http://www.kdnuggets.com/datamining-consulting.html].
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Gregory I. Piatetsky-Shapiro - KDnuggets
1
Business Analytics, Data Mining, and Data
Science, including interviews with many
key leaders of the field.
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Gregory I. Piatetsky-Shapiro - KDnuggets
# included in the
[http://www.informationmanagement.com/gallery/7business-analytics-gurus-you-shouldbe-following-on-twitter-100237471.html 7 Business Analytics Gurus on
Twitter] (2013) by Information
Management
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Jive Software - Products
1
The company now releases quarterly updates to
its product offerings, most recently introducing the
[http://investors.jivesoftware.com/releasedetail.cfm
?ReleaseID=758481 Spring] and
[http://investors.jivesoftware.com/releasedetail.cfm
?ReleaseID=777419 Summer] cloud releases that
brought features such as Purposeful Places,
Structured Outcomes, Impact Metrics, Business
Analytics, added features to Jive Anywhere,
including Jive for iPad, Jive for iPhone 2.0 and
Jive Present for Android
([http://investors.jivesoftware.com/releasedetail.cf
m?ReleaseID=712815 Jive Present for iPad] was
introduced in late 2012.)
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Over-the-counter data - Background
1
The recommendations summarized by
OTCD Standards (below) are based on
research in education and edtech, as
well as research in a variety of other
fields (e.g., behavioral economics,
design, business analytics, technology,
and more). An OTCD approach is not
meant to replace educators’ professional
development or other interventions that
improve data use, but it is an added
solution that doesn’t cost educators more
time, money, or stress.
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SPSS Inc. - IBM Acquisition
1
On July 28, 2009 IBM announced it was
acquiring SPSS Inc. for $ 1.2 billion in
cash.http://www03.ibm.com/press/us/en/pressrelease/
27936n.wss In January 2010, the
company became SPSS: An IBM
Company. Complete transfer of business
to IBM was done by October 1, 2010. By
that date, SPSS: An IBM Company ceased
to exist. IBM SPSS is now fully integrated
into the IBM Corporation, and is one of
two brands under IBM Software Group's
Business Analytics Portfolio.
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Klout - Klout for business
In March 2013, Klout announced its
intention to begin displaying business
analytics aimed at helping business
and brand users learn about their
online audiences.
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Applied Predictive Technologies
1
'Applied Predictive Technologies' ('APT') is
a Computer software|software company
that provides business analytics software,
designed to help large, consumer-facing
businesses reduce the risk of any new
initiative by systematically testing the idea
with a subset of stores, customers, or
employees.
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Applied Predictive Technologies - Software
1
APT's software takes a statistics|statistically
rigorous test and learn approach to business
analytics, in which proposed changes are
tried out on a small scale and then analyzed
before being implemented everywhere. APT's
approach is follows a larger business trend,
evidence-based management, in which the
scientific method is applied to decision
making|business decision making. APT's
software automates the cycle described by
the Harvard Business Review:
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Rexer's Annual Data Miner Survey - Surveys
Citations include Paško Konjevoda and Nikola Štambuk (2012);
[http://cdn.intechopen.com/pdfs/38285/InTechOpen_source_tools_for_data_mining_in_social_science.pdf Open-Source Tools for
Data Mining in Social Science], Theoretical and Methodological Approaches to
Social Sciences and Knowledge Management, Asunción López-Varela (Ed.), ISBN
978-953-51-0687-6.Emilia Mikołajewska and Dariusz Mikołajewski (2011); System
eksploracji danych na potrzeby obronności państwa], Kwartalnik Bellona, 2011,
Volume 3, pages 119-129 (Data Mining system for national security purposes,
Bellona Quarterly, Scientific Journal of the Polish Ministry of National Defense;
Article is in Polish).Tomasz Ząbkowski (2011);
[http://isim.wzim.sggw.pl/resources/ISIM_XIII_2011.pdf Data Mining - Current
State and Future Trends], Information Systems in Management XIII, Business
Intelligence and Knowledge Management, Warsaw University of Life Sciences
Press, Warsaw, 2011, pages 122-130; ISBN 978-83-7583-370-6.Tuba Islam (2011);
[http://www.sas.com/offices/europe/turkey/events/pdfs/BASeries/analytics1.pd
f How to use Analytics to Improve Your Business: Real Practices], SAS Business
Analytics Series, Istanbul, Turkey, April, 2011 (presentation is in Turkish).Shawn
Hessinger (2011);
[http://www.allanalytics.com/author.asp?section_id=1412doc_id=235538 CRM
Marketing Top Fields for Data Miners], All Analytics, November 9, 2011.Gustavo
Valencia (2012);
[http://www.gustavovalencia.com/app/webroot/img/Documents/DM/DataMinin
g2012IIclase0.pdf Minería de Datos: Sesión 0], Universidad Pontificia Bolivariana,
Graduate class: [http://www.gustavovalencia.com/academics/data-mining/dmcourse-details Data mining and Information visualization], 2012 (Presentation is
in Spanish).Robert A
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Cohort study
1
A 'cohort study' or 'panel study' is a form of
longitudinal study (a type of observational
study) used in medicine, social science,
actuarial science, business analytics, and
ecology
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Reactive Search Optimization - RSO and intelligent optimization
1
of data mining, business
analytics, and interactive
visualization.
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IBM Software Group (SWG) - Solutions Group
1
* Business Analytics mdash;
Cognos and SPSS
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W. P. Carey School of Business - Master's degrees
1
*'Master of Science in Business
Analytics (MS-BA)'
https://store.theartofservice.com/the-business-analytics-toolkit.html
Benedictine University - Academics
1
Newer offerings are undergraduate
programs in Business Analytics,
Clinical Life Science, Exercise and
Sports Studies, Music Education and
Theology
https://store.theartofservice.com/the-business-analytics-toolkit.html
International Institute of Information Technology, Bangalore - Certificate courses
* Analytics Essentials Course - A
foundational certification program in
business analytics
[http://www.iiitb.ac.in/professionalcertificate-course-business-analyticsessentials]
1
https://store.theartofservice.com/the-business-analytics-toolkit.html
Indian School of Business - ISB Biocon Certificate Programme for Business Analytics
The Indian School of Business has
recently launched a one-year certificate
program in
[http://articles.economictimes.indiatimes.c
om/2013-0925/news/42394367_1_business-analyticscertificate-programme-certificate-course
Business Analytics] in collaboration with
Biocon
1
https://store.theartofservice.com/the-business-analytics-toolkit.html
For More Information, Visit:
• https://store.theartofservice.co
m/the-business-analyticstoolkit.html
The Art of Service
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