BI Past Present and Future - 2016 Persepective
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Transcript of BI Past Present and Future - 2016 Persepective
Business Intelligence in the London Insurance Market
Lawrence Harvey Group
10 October 2016
1 © Distlytics Ltd 2016
Business Intelligence…
Past, Present and Future
Gary Nuttall
Managing Director
Agenda
1. Introductions
2. BI – Past
3. BI – Present
4. BI – Future
5. Q & A
Agenda
1. Introductions
2. BI – Past
3. BI – Present
4. BI – Future
5. Q & A
1 - Introduction: Me
1 - Introduction: You
General Insurance /B2C ?
Specialty / B2B ?
1 - Business Intelligence
© Gary Nuttall 2015
A pragmatic definition for this presentation:
"the effective transformation of data
into information
to make better informed decisions"
1 - Introduction: BI
This presentation reflects my personal views and is not intended to reflect the views of past, current and
prospective employers, clients or other agents.
"Prediction is very difficult, especially if it's
about the future."
Nils Bohr, Nobel laureate in Physics
Caveat: Please read the small print…
Agenda
1. Introductions
2. BI – Past
3. BI – Present
4. BI – Future
5. Q & A
2 - Past
The earliest definition of business intelligence (BI), in an October 1958 IBM Journal article by
H.P. Luhn, A Business Intelligence System
2 - Past
Earlier….(1869 – Napoleon’s march on Russia).
Charles Minard's map of
Napoleon's disastrous
Russian campaign of 1812.
The graphic is notable for
its representation in two
dimensions of six types of
data: the number of
Napoleon's troops; distance;
temperature; the latitude
and longitude; direction of
travel; and location
relative to specific dates
Data Mashup & Data
Visualization!
2 - Past
Even earlier….(400BC – Roman Census ).
The census was first instituted by Servius Tullius, sixth king of Rome.
After the abolition of the monarchy and the founding of the Republic, the
consuls had responsibility for the census until 443 BC.
(from www.Wikipedia.com)
2 - Past
Even, even earlier….(Caveman ?).
Agenda
1. Introductions
2. BI – Past
3. BI – Present
4. BI – Future
5. Q & A
Interview question
For the role of BI Manager:
3 - Present
Source: EY – Global Insurance M&A Themes 2016
http://www.ey.com/Publication/vwLUAssets/ey-global-insurance-ma-themes-2016/$FILE/ey-global-insurance-ma-themes-2016.pdf
3 - Present
3 - Present
(from www.gartner.com)
3 - Present
Move away from centralised BI to distributed:
• BI Tools targeting End User Computing
• Lightweight, web-based solutions (+ Cloud-BI)
Evolving architectures:
• Enterprise Data Warehouse vs Federated Data Services ?
• Application / system consolidation
• Cloud & Virtualization vs Appliance server
Establishment of newer capabilities:
• End-user “Big Data” – R compatibility
• Evolution from Modelling to Machine Learning and then Artificial Intelligence
3 - Present
Data Warehouse
(from www.oracle.com)
3 - Present
3 - Present
3 - Present
3 - Present
3 - Present
Agenda
1. Introductions
2. BI – Past
3. BI – Present
4. BI – Future
5. Q & A
4 – The Future
Quote from Mayor of Cambridge, MA after having the telephone demonstrated in 1876:
I can see the time that every City will have one!
"This 'telephone' has too many shortcomings to be
seriously considered as a means of communication.
The device is inherently of no value to us.“Western Union telegraph company memo, 1877
4 - Future
1 – Hype Cycle
(from www.gartner.com)
Technology TriggerA potential technology
breakthrough kicks things
off
Peak of Inflated
ExpectationsEarly publicity produces
a number of success
stories—often accompanied
by scores of failures
Trough of DisillusionmentEarly publicity produces
a number of success
stories—often accompanied
by scores of failures
Slope of EnlightenmentMore instances of how the
technology can benefit
the enterprise start to
crystallize and become
more widely understood
Plateau of ProductivityMainstream adoption
starts to take off
4 - Future
(from www.gartner.com)
4 - Future
(from www.gartner.com)
4 - Future
(from meetupmashup.blogspot.com)
2 – Mega Data
4 - Future
(from meetupmashup.blogspot.com)
2 – Mega Data
4 - Future
(from www.google.co.uk/trends)
4 - Future
• Data Federation
• Calculation moves onto data storage
• Cloud vs Appliances ?
• Machine Learning, Machine Intelligence, Artificial Intelligence
• Merging of Augmented Reality with Data Visualisation
• Integration of IoT derived data
• Increased use of Geospatial Data
• Segmentation of One (Marketing Holy Grail)
• Cross-discipline development
4 - Future
(from www.ibm.com)
4 - Future
(from sql Saturday)
Calculation moves onto data storage
4 - Future
Cloud vs Appliances ?
4 - Future
Machine Learning, Machine Intelligence, Artificial Intelligence
4 - Future
Merging of Augmented Reality with Data Visualisation
4 - Future
Integration of
IoT derived data
4 - Future
Increased use of Geospatial Data
4 - Future
Segmentation of One (Marketing Holy Grail)
4 - Future
Cross-discipline development
4 - Future
• Data Federation
• Calculation moves onto data storage
• Cloud vs Appliances ?
• Machine Learning, Machine Intelligence, Artificial Intelligence
• Merging of Augmented Reality with Data Visualisation
• Integration of IoT derived data
• Increased use of Geospatial Data
• Segmentation of One (Marketing Holy Grail)
• Cross-discipline development
4 - Future
4 - Future
How do you put this into a queryable format?
4 - Future
How do you put this into a queryable format?
Agenda
1. Introductions
2. BI – Past
3. BI – Present
4. BI – Future
5. Q & A
Q & A
50 © Distlytics Ltd 2016
Thank you!
Gary Nuttall
eMail: [email protected]
LinkedIn:uk.linkedin.com/in/garynuttall
Twitter: @GPN01
Web: www.Distlytics.com