New BI: IMCFUTURE OF BUSINESS ANALYTICS AND BUSINESS INTELLIGENCE

Sandeep Kumar PMP®

Business Analytics & Intelligence Life Cycle

Business Requirement

Data Engineering

Analytics Modelling

Data Visualization

&DSS

New BI versus Old BI• Old is not yet old!

• Traditional ETL + EDW + Dashboards• Tableau / Qlik / Microsoft / SAP BO / SAS / Pyramid / Oracle Hyperion…• Pre-requisites: On-Premise Infrastructure, Specialized Data Transformation

Tools, Visualization

• New is still evolving…• Ubiquity + Cloud + Mobility + Visualization• Tableau / Qlik / Microsoft / SAP BI & Fiori / Hadoop & SAS…• New requisites: Real Time, On Time, Big Data, AI, IOT, IMC

Evolution in Computing Technology for BI

Real TimeDynamicStaticReporting

X-base / DBMS RDBMS OLAP Cubes IMCTechnology

Data Information DSS IntelligenceBusiness Orientation

User Environment

Top 7 BI Trends – 2017 (n-2772; Scores >6/10)

• Data Visualization

• Self Service BI

• MD / DQ Management

• Analytical Databases

• Data Governance

• DM & Predictive Analytics

• Agile BI Development

Source

CMILowest Five: Hadoop, Data Science, BIaaS, Open Data, Visual design StandardsScore < 5/10

Traditional Unstructured New Sources

Data Sources

Reporting

In-Memory ComputingStores information in the main “Quick-access RAM” of dedicated servers instead of complicated RDBMS structures operating on comparatively “Slow Disk Drives”

Drivers of IMC• Cloud and Ubiquity• Business Systems + IOT + Unstructured Data Big Data• Information @ speed of light !!!

IMDB IMDP IMAIMC

IMC at workCarpe Diem

Do it now!

Architecture• Database is memory-resident and not disk-resident

• Database design is simpler

• Fetching columns is simpler than querying from complex tables

• High Availability and Fail-over mechanisms

• RAM/ Battery RAM/ NVRAM [ferroelectric RAM (FeRAM), magnetoresistive RAM (MRAM) & phase change RAM (PRAM)] ensure almost zero-loss availability

Top 3 IMDB: SAP HANA, Couchbase Server, MemSQL

IMC Use Cases• Internet of Things – using real time data from sensors and connected systems

• Banking and Insurance industry – insights, claims and modelling

• Artificial Intelligence – based on real-time machine learning and cognitive computing

• Real time Advertising – based on consumer behaviour and availability / hyper-local

• Outreach and product targeting – sentiment analysis through unstructured data

• Image and Location Analytics – GIS, media and medical imaging

Tests with Intel’s Nehalem architecture shows that latency of storage is reduced from 1 million CPU cycles to 250 cycles

© Sandeep Kumar kumarsahab@gmail.com https://www.linkedin.com/in/kumarsahabf https://www.facebook.com/kumarsaahabt @kumarsahab