the analytics value chain - vitria iot analytics platform · vitria operational intelligence the...

Vitria Operational Intelligence

The Analytics Value Chain Key to Delivering Value in IoT

Dr. Dale SkeenCTO and Co-Founder

© 2015 Vitria Technology, Inc. 2

$20 Trillionby 2025

Internet of Things – Value Potential

40%Analytics


Industrial Enterprise ConsumerIndustrial Enterprise Consumer

Where Analytics Generates Value in IoT

Smart HomePredictive

Maintenance

AssetOptimizationOutage

Mgmt.Operational

Efficiency

Safety and Security

Fraud Detection Health MonitoringCyber Security

“My Life Style”Customer

EngagementDemand/Supply

OptimizationRevenue Growth

Predictive 1:1 Marketing


Lakesare cool

Streamsare cooler


Ingest and store

Analyze laterusing bulk algorithms

Historical Analytics

Machine learning for

building predictive models

Ingest

Analyze immediatelyusing incremental algorithms

Fast, Real-Time Analytics

Operationalize models for

Real-Time Predictions

Prescribe Next Best Action

Lakesare cool

Streamsare cooler


Your Telco wants to predict when you are about to leave the country...

So they can text you an attractive data roaming offer!


Real-time, Predictive 1:1 MarketingHow does your telco know you leaving the country?

O2 – Largest Mobile Telco in UK

Eurostar trains run between UK and

Europe via Channel Tunnel.

10 million passengers per year

Opportunity: Text customers a great

data roaming offer just before leaving UK.

Challenges:

How to detect customers on the train?

Highways next to train routes & stations

Local trains share same routes as

Eurostar

Eurostar?Local?

or

or

© 2015 Vitria Technology, Inc. 8Seconds

Vitria IoT: Analytics Chain in Action

Contextual Awareness

Correlate & enrich with contextual

data

CRM, Train Routes & Schedules

Predictive Analytics

Predict threats and

opportunitiesupload

predictive patterns

Machine Learning over Historical Data

Prescriptive Analytics

Identify next best actions

using automated rules

Rules based on Best Practices

Intelligent Actions

Act Quickly to Capture Value

$Intelligent

BPM

Situational Intelligence

Correlate real-time situational

data

Customer Journey

Ingest data at speed and

volume ~ 250,000 events

per second

Fast Data Ingestion

Cellular Network


Vitria IoT: Analytic Value Chainmulti-stage analytic processing drives value

Val

ue

Maturity

Fast Data Ingestion





Intelligent Actions


IoT: Analytics Maturity Model

Connected ProactivePredictiveReactiveAware

Bus

ines

s Im

pact

1 2 3 4 5

Fast Data Ingestion





Intelligent Actions


Predicted Maintenance & Outage Prevention predicting equipment failure during weather events

SituationSevere weather events can cause equipment failure and outages

Opportunity Enhance operations by predicting equipment failures

Lessen the probability of a catastrophic failure

© 2015 Vitria Technology, Inc. 12~ 1 Second

Vitria IoT: Analytic Chain in Action

Ingest data at speed and

volume ~ 1,000,000 events

per second

Fast Data Ingestion

Smart Meter


Correlate & enrich with contextual

data

Equipment & Maintenance History


Correlate real-time situational

data

Weather Conditions


Predict threats and

opportunitiesuploaded models

Machine Learning over Historical Data


Identify next best actions

using automated rules

Rules based on Best Practices

Intelligent Actions

Act Quickly to Capture Value

$Intelligent

BPM


Operationalizing @Scale

Elastic, scale-out architecture

Commodity hardware

In-memory computing

Contextual data pre-loaded

Actions with intelligent BPM

Fast Data Ingestion





Intelligent Actions


Recent IoT Use Cases

TXU

Visibility, Intelligence & Governance of Hidden Processes

Monitor SLAs customer

transactions across

underlying systems

Vizualize info in process

context

Preventative Maintenance

Large Equipment

Machine learning of predictive maintenance model over machine history

Continuous monitoring of key indicators and environment

Increased service uptime, reduced unplanned outages, reduced truck rolls

TXU

Visibility, Intelligence & Governance of Hidden Processes

Monitor SLAs customer

transactions across

underlying systems

Vizualize info in process

context

Driver Behavior Scoring

Connected Car

Machine Learning predictive model over historical driver records

Includes Human, Vehicle, and Environmental variables influencing “Safe Drive” outcome

Driving Behavior is continuously scored as new data is made available

Fraud Detection

Smart Meter

Fraud: Smart Meters can be manipulated to make them under-register.

Fraud: Smart Meters can be fooled into sending “energy reversal” events (fraud).

Grid Integrity: Detect unusual voltage fluctuations.


What Does This All Mean?


Analytics Value Chain for IoT

Historical + Situational + Predictive + Prescriptive drives Value in IoT

Timely action is the “last critical mile” in the analytics value chain

Fast Analytics maximizes Valuesince many IoT problems are time-sensitive

Operationalize machine learning from Historical Datato generate predictive & prescriptive models for Analytics Value Chain


Vitria – IoT Products

Vitria IoT Analytics Platform

Historical + Situational + Predictive + Prescriptive

Analytic Value Chains via Visual Modeling

Quickly Operationalize Machine Learning from Historical Data for Real-time Execution

Scalable, Fast, and Open Big Data Analytics• Leveraging Spark, Hadoop, Hive, more …

Vitria IOT APaaS(Analytics Platform as a Service)

Self-Service IoT Analytics, in the Cloud

IoT Analytics in Minutes not Months


Resources:• Vitria IoT Analytics Platform• A new analytics methodology to help you generate

value faster for your IoT initiatives• Advanced Analytics for Manufacturing• Advanced Analytics for Telecommunications• Advanced Analytics for Utilities

http://www.vitria.com/iot-analytics/

http://www.vitria.com/lp/iot-analytics-whitepaper-g/

http://www.vitria.com/industries/manufacturing/

http://www.vitria.com/industries/telecommunications/

http://www.vitria.com/industries/utilities/

the analytics value chain - vitria iot analytics platform · vitria operational intelligence the...

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