practical approaches to interactive data discovery and predictive analytics

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  • 8/19/2019 Practical Approaches to Interactive Data Discovery and Predictive Analytics

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    Copyr ight © 2016, SAS Ins t i tu te Inc . A l l r i ghts r eserved.

    PRACTICAL APPROACHES TO INTERACTIVE

    DATA DISCOVERY & PREDICTIVE ANALYTICS

    WAYNE THOMPSON, CHIEF DATA SCIENTIST

    TAPAN PATEL, PRODUCT MARKETING MANAGER

    JANUARY 2016

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    APPROACHABLE ANALYTICS

    Unlimited Data

    • Embrace the potential of using all or

    relevant data

    Speed to Insights

    • Try things fast, prototype & refine, &

    ask different questions

    Democratized Analytics• Empower more people (e.g. citizen

    data scientist, business analysts)

     Approachable Analytics

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    APPROACHABLE

    ANALYTICSBarriers to the adoption of analytics

    Scarcity of analytical skillsThe need to grow analytical talent from within

    Disjointed, inefficient workflowHow can you fail fast & learn to refine quickly 

    Tools that aren’t right for the jobLearning curve to create, share and collaborat

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    APPROACHABLE

    ANALYTICSBI AND ANALYTICS CONTINUUM

    Descriptive•

    What is

    happening?

    Report/Monitor

    Results

    Predictive•

    What will

    happen?

    Identify

    Outcomes

    Diagnostic•

    Why did it

    happen?

    Understand the

    context

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    APPROACHABLE

    ANALYTICSINTERACTIVE DATA DISCOVERY AND ANALYTI

    • Data exploration and disc• Distribution and summary

    • Post-model visualization a

    • Build prediction and class

    • Refine candidate models

    • Compare models and gen

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    APPROACHABLE

    ANALYTICSIN-MEMORY ANALYTICS

    HADOOP or DW APPLICATIONS

    Visual Analytics

    Visual Statistics

    ERP

    SCM

    CRM

    Images

    Audio

    and Video

    Machine

    Logs

    Text

    f Web and

    Social

    In-memory

    Statistics

    SAS ®  IN-MEMORY

    SAS ®  IN-MEMORY

    SAS ®  IN-MEMORY

    SAS ®  IN-MEMORY

    SAS ®  IN-MEMORY

    SAS ®  LASR ANALYTIC

    SERVER

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    SAS®

    VISUAL

    STATISTICSEXPLORE DATA AND MODELING RESULTS

    • Discover relationships between variables amodel building process

    • Derive models directly from correlation matrice

    plots, box plots and heat maps

    • Understand individual variable’s level of inf

    all models• Explore results from the modeling process

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    SAS®

    VISUAL

    STATISTICSMODELING TECHNIQUES

    • Predictive Techniques

    • Linear Regression

    • Logistic Regression

    • Generalized Linear Model

    • Classification Trees

    • Descriptive Techniques

    • Clustering

    • Group-By Processing

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    PRODUCT DEMONSTRATION

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    DIRECTPAY

    BUSINESS ISSUE

    • Determine what debt to buy and how to best collect it

    • Estimates of potential debt portfolios for purchase were

    time-consuming

    • Understand customer behavior to accelerate payments

    and increase revenue

    SOLUTION

    • SAS Visual Analytics and SAS Visual StatisticsRESULTS

    • Complete view of its customers and can make

    individualized decisions for the debt-collection process.

    • Manage risks at debtor and client level in order to be

    profitable.

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    KEY BENEFITS

    End-to-end capabilitiesSmart data discovery, interactive reporting & analytics

    Built-in interactive analyticsExplore data and generate models in a common environment

    Scalability & governanceSmall to large – users, data, workloads, etc.

    1

    2

    3

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    SAS®

    VISUAL STATISTICS - TRY IT YOURSELF!

    FREE14-Day Trial (Your Data

    Coming Soon

    FREEInteractive Demo

    Trial

    www.sas.com/visualstatistics

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    SAS®

    DATA LOADER FOR HADOOP  – DOWNLOAD AND TRY IT Y

    www.sas.com/dataloader 

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    THANK YOU

    PLEASE TYPE YOUR QUESTION IN THE CHAT WINDOW!