Data Analytics and Big Data Technology for business competitiveness

Sumit Dhar

Presented at IIFT Leadership summit, New Delhi

August 27th 2013, New Delhi

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Topic of Presentation

Evolution of Data Environment

Current Data Ecosystem

Deconstructing Data Analytics

50000 ft View of Framework

Demand for Analytics

Interesting Examples

Why should a MBA be interested?

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High level conversation on Data, Analytics as a discipline, demand areas and how is it pertinent to today’s MBAs

Evolution of Analytics & Technology Ecosystem

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Today Enterprises have access to syndicated internal or even external data. ‘Big Data’ sources are creating new opportunities in value creation

Adopted from AT Kearney- Big Data and the Creative Destruction of Today's Business Models

A Systemic View of 2013 ‘Big Data’ Ecosystem

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An Enterprise may store or have access to multitude of data sources from a diverse set of platform both internal or external to the organization

Deconstructing Data Analytics

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Data analytics is the discipline of using historical data- both internal and external in a enterprise to drive business decision and Strategy

Data Analytics Solution Framework

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Data Analytics in the Business Context is more than just ‘Data Science’, requires a mix of Business, Data, Techniques and Organizational Skills

1. Understand Business Goals

2. Charter Analytics Opportunities &

Prioritize

3. Get Business Sponsorship

4. Identify Data & Data Stewards

5. Data “Munging”

6.Initial Data Analysis

7.Model Business Outcomes

8.Syndicate Insights & Actions

Representative Consultative Framework

Business Demand for Data Analytics

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Enterprises- organizations and functions therein need insights and actionable intelligence to drive change and make bottom line and top line impact Signals indicate current penetration

Adopted from AT Kearney- Big Data and the Creative Destruction of Today's Business Models

Interesting Applications of ‘Big Data’ Analytics

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Indian Industry Round up

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Data Analytics outsourcing to India was $ 375 Million in 2010 and expected to be $1,150 Million in 2015E

Analytics Outsourcing 101 Sector Overview September 2012, Avendus Capital

What’s in it for me?

8/28/2013 10 Sumit Dhar © Adopted from- 1. McKensey Global Institute , Big Data the next frontier for Innovation, Competition and Productivity 2. Heidricks & Struggles, Sourcing sorcerers How to find Top analytics leaders

Brand Building

Opportunity…

Parting Thoughts…

Data Analytics is a exciting new emerging are where Business, Analytics and Technology meet

Today Enterprises are leaving considerable digital footprint internally and externally which can provide insights and predictions into future business opportunities

Progress in computing technology now enables business to consume large portions of this digital footprint data

Analytics requires business alignment and sponsorship for insights generation and implementation

This is a growing discipline and requires talent with strong quantitative skills

The impending growth in the Data Analytics arena as a consulting or SaaS offering creates excellent long term career opportunity for new MBAs

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Let the excitement begin..

Thank you

Sumit Dhar Mail: sxd213@gmail.com Twitter: @sxd213 Blog: nusightanalytics.tumblr.com

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