Kristof Coussement - The Debate: the Future of (Big) Data Analytics Software

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Trends in Analytical Software Andrie de Vries Revolution Analytics @RevoAndrie November 26, 2014 BAQMAR, Ghent, Belgium

Transcript of Kristof Coussement - The Debate: the Future of (Big) Data Analytics Software

Trends in Analytical Software

Andrie de VriesRevolution Analytics

@RevoAndrie

November 26, 2014BAQMAR, Ghent, Belgium

OUR COMPANY

The leading provider

of advanced analytics

software and services

based on open source R,

since 2007

OUR PRODUCT

REVOLUTION R: The

enterprise-grade predictive

analytics application platform

based on the R language

SOME KUDOS

Visionary

Gartner Magic Quadrant

for Advanced Analytics

Platforms, 2014

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Trends in Analytical Software

Big Data

• Bigger data sets

• Variety of sources

• Distributed computing

Data Science

• Statistician

• Programmer

• Data expert

R is the tool

• As well as python, C++

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Beyond the hype

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Source: Adapted from http://www.gartner.com/newsroom/id/2819918

Innovation

trigger

Peak of inflated

expectations

Trough of

disillusionment

Slope of

Enlightenment

Plateau of

Productivity

Data

Science Big Data

Cloud

computing

In-memory

analytics

Gartner hype cycle

4

The challenge of big data

Changing Business Environment

• Data driven decisions

• Understand best course of action

Faster Time to Value

• Reduce analytic cycle time

• Build and deploy models faster

Rapid Customer Facing Decisions

• Score more frequently

• Decide in real time

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Data science

I keep saying the sexy job in the next ten years will be

statisticians. People think I'm joking, but who would've guessed

that computer engineers would've been the sexy job of the

1990s?

– Hal Varian, Chief Economist at Google,

The McKinsey Quarterly, January 2009

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Source: http://www.mckinsey.com/insights/innovation/hal_varian_on_how_the_web_challenges_managers

Data Process Insight Visualise Action

6

R is growing rapidly in use and popularity

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R UsageRexer Data Miner Survey, 2007-2013

Source: Rexer Data Miner Survey Source: IEEE Spectrum, July 2014

Language PopularityIEEE Spectrum Top Programming Languages

7

What is R? Most widely used data analysis software

• Used by 2M+ data scientists, statisticians and analysts

Powerful statistical programming language

• Flexible, extensible and comprehensive for productivity

Create beautiful and unique data visualizations

• As seen in New York Times, Twitter and Flowing Data

Thriving open-source community

• Leading edge of analytics research

Fills the Data Science talent gap

• New graduates prefer R

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What is R?

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http://www.revolutionanalytics.com/what-r

Advanced Analytic Platforms

Revolution Analytics is one of just two

vendors in the visionaries sector

– Along with our partner Alteryx, you have

a leading solution that includes both

scalable analytics and ease of use.

Revolution Analytics "provides an enterprise-grade,

multiplatform execution framework and an

ecosystem of partnerships to the increasingly

popular open-source R language".

– Gartner

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Revolution

Analytics

VisionariesNiche players

Challengers Leaders

Source: Gartner (Feb, 2014)

What this means for you Innovation

– Academic research

– Prototyping

Skills availability

– Your people already know R

Big data disruption

– Taking analytics to the data

Many vendors have already

integrated R

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www.revolutionanalytics.com Twitter: @RevolutionR

The leading commercial provider of software and support for the popular open source R statistics language.

Thank you

[email protected]

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