Achieving Value from Visual Analytics - Corvelle · 2016-02-24 · Corvelle Consulting 2/22/2016...
Transcript of Achieving Value from Visual Analytics - Corvelle · 2016-02-24 · Corvelle Consulting 2/22/2016...
Corvelle Consulting 2/22/2016
Achieving Value from Visual Analytics 1
Corvelle Drives Concepts to Completion
Achieving Value from Visual Analytics
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Yogi SchulzBiography
Partner in Corvelle Consulting Information technology related management
consulting Microsoft Canada columnist & CBC Radio guest PPDM Association board member Industry presenter:
– Project World - 6 years– PMI – SAC - 3 years– CIPS – many years– PPDM Association - several years
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Data Volumes Growing every Year
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Value of Visual Analytics
Make data-driven decisions “very frequently”
Make decisions “much faster” than market peers
Execute decisions as intended “most of the time”
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Having all this corporate data availableis great, but I think I need a degree
in data analytics to sort it all out.
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Impediments to Achieving Value
Poor data access
Inadequate data quality
Hand-crafted data integration
Poor data presentation
No query flexibility
Poorly organized implementation project
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Visual Analytics Software Packages
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Poor Data Access
Impediments
– Many unique user interfaces
– Multiple, distinctive data definitions
– Multiple proprietary database schemas
Solutions
– Provide a single user interface that can query, report, graph and export data
– Build database access once
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Oil & Gas Data AccessContext Diagram
MonthlyProprietarywell data
MonthlyPublic
well data
DailyProduction
data
MonthlyFinancial
data
MonthlyPublic
Frac data
MonthlyCAPEX
Forecastdata
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Visual AnalyticsApplication
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Optimizing Frac Design
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Moreproduction
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Inadequate Data Quality
Impediments
– Inadequate training
– Lack of appreciation for value of data quality
Solutions
– Provide functionality to report the data disconnects
– Report data issues to those entering data
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Visualizing Data Quality
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Hand-crafted Data Integration
Impediments– Time-consuming, hand-crafted, complex Microsoft
Excel routines– Excel routines susceptible to data problems and
subtle bugs– Excel routines must be run and tweaked regularly
Solutions– Make disparate database schemas appear uniform
and integrated
– Build data integration once
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TIBCO Spotfire Native Connectors
• Amazon Redshift• Apache Spark SQL• Cloudera Hive• Cloudera Impala• Cisco Information Server• Hortonworks• HP Vertica• IBM DB2• IBM Netezza• Microsoft SQL Server• OData
• Oracle• Oracle Essbase• Oracle MySQL• Pivotal Greenplum• Pivotal HAWQ• PostgreSQL • Salesforce.com• SAP HANA• SAP NetWeaver• Teradata• Teradata Aster
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Well Type Curve Analysis
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Poor Data Presentation
Impediments– Reporting and graphing tools limitations
Solutions
– Multiple, color-coded time series of data
– Robust drill-down capability
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Producing PropertyProfitability Analysis
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Robust Drill-down Capability
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When you two have finishedarguing your shaky opinions,
I have actual data!
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No Query Flexibility
Impediments– Limited to predefined queries and reports– Revised queries or reports require service request
Solutions– Rich user interface to construct queries and
reports in real-time– Ability save queries and reports for re-use later
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Visual Analytics ApplicationContext Diagram
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Datastores
Visual AnalyticsApplication
Graphs Tables ExportsReports
VA appSummary
data
VA appConfiguration
data
VA appUpdate
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Comparison of Actuals Salesto Estimates
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Actual Salesfar exceedEstimates
Estimatesfar exceed
Actual Sales
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Poorly Organized Implementation Project
Impediment Solutions
Vendor pre-sales demo risk
Avoid pre-sales demoExplain differences from reality
Technologists imposing scope
Avoid out-of-scope work Link work to business goal
Cadillac DBMS Avoid over-kill product Link product to business goal
To move or not to move data
Avoid elegant solution Let data sit; costs nothing
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What is well downtimecosting your company?
LostProduction
ActualProduction
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QuestionableAnalysis Goals
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Visual analytics is about:
A. Displaying lots of data as pretty pictures
B. Using overly complex terms as a way of charging more for software licenses
C. Representing data analysis and insights in ways that resonate
D. Over-analyzing data to avoid reaching any actionable conclusions
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Recommendations
Improve your data management processes
Identify operational problem
Select visual analytics software package
Pilot software package operational problem
Build on pilot success
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Questions &Discussion
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Can you help us achieve value from
visual analytics?Pleasefill out
evaluationform
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Achieving Valuefrom Visual Analytics
Corvelle Consulting
300, 400 - 5 Ave. S. W.
Calgary, Alberta T2P 0L6
Phone: (403) 860-5348
E-mail: [email protected]
Web: www.corvelle.com
Yogi SchulzPartner of Corvelle Consulting
Information technology related management consulting
Microsoft Canada columnist & CBC Radio host
Industry presenter
Former PPDM Association board member
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Corvelle Bibliography
Do you need big data big results?– http://www.corvelle.com/do-you-need-big-data-for-big-
results/
Business Intelligence – experiencing more hype than value?– http://www.corvelle.com/business-intelligence-
experiencing-more-hype-than-value/
Is data modelling really dead?– http://www.corvelle.com/is-data-modelling-really-dead/
Why you need visual analytics– http://www.corvelle.com/resources/articles/it-world-
canada/why-you-need-visual-analytics/
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Bibliography
The 2016 global data management benchmark report– https://www.edq.com/white-papers/2016-global-data-
management-benchmark-report/
Majority of Organizations Struggle With Data Quality– by David Weldon, January 27, 2016
– http://www.information-management.com/news/big-data-analytics/majority-of-organizations-struggle-with-data-quality-10028142-1.html
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Visual AnalyticsDefinition
Visual analytics combines automated analysis techniques with interactive visualizations to enable:
– Effective understanding
– Reproducible reasoning
– Defensible decision-making
in the context of large and complex data sets
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