The Embedded Future: How Predictive Analytics Will Change Business

H T Technologies 2013

HOST: Eric Kavanagh

THIS YEAR is…

Embedded Analytics

�  Predictive analytics solutions exploit patterns found in data to identify risk and opportunities

�  Embedded solutions can provide maximum value by integrating transactional and analytic applications

�  Embedding is not enough – predictive solutions must be scalable and automated

ANALYST:

James Taylor CEO & Principal Consultant, Decision Management Solutions

ANALYST:

Robin Bloor Chief Analyst, The Bloor Group

GUEST:

Mark McNally VP of Business Development, Predixion Software TH

E LINE UP

INTRODUCING

James Taylor

7 ©2013 Decision Management Solutions

1 Focus On Decisions

2 Focus On

Automation

3 Automation That Scales

4 Land and Expand

0 The

Power of Predictive Analytics

©2013 Decision Management Solutions

Up The Analytics Spectrum

Data Mining

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Predictive Analytics

Knowledge - Description

Action - Prescription

Business Intelligence

8

From presenting data for analysis …

… to making decisions with analytics

11

You Need Agile, Industrial Analytics

©2013 Decision Management Solutions

12 ©2013 Decision Management Solutions

One Decision At A Time

Decision

Analytic Insight

Data

…not the other way around

From Decision To Data…

INTRODUCING

Robin Bloor

The Basics of BI: A Perspective

FORESIGHT OVERSIGHT HINDSIGHT INSIGHT

BUSINESS INTELLIGENCE

Two Rivers of Data

Real-time data flows

THE FAST RIVER

Operational data flows PURPOSE

u  Automatic response u  Immediate response

THE SLOW RIVER Big data analytics

Explorative analytics PURPOSE

u  Strategic change u  Innovative change u  Considered response

The Central Nervous System (in the Enterprise)

PLANNING & THINKING ACTION

u  The considered activity of the brain (deductive thinking, pondering)

u  Equivalent to data analytics and data science

u  The autonomic nervous system & reflex responses

u  Equivalent to real-time and operational intelligence

The Role of Predictive Analytics

Insofar as it can be delivered in “Business Time,” it is about

ACTION – hence it should be embedded when possible

Where it is part of the slow river, it is

about strategic CHANGE

Thank You Robin Bloor [email protected] www.bloorgroup.com

INTRODUCING

Mark McNally

Breaking Down the Barriers to Predic3ve Analy3cs

©2013 Predixion Software

Value Curve of Predic3ve Analy3cs – Making PA ac+onable

Predic3ve Analy3cs Pla=orm

Innova3ve Consumer Experience

Deep Industry Focus

Data Collec3on, Prep & Model Crea3on Model Integra3on & Consumeriza3on

Value

Time

Incumbent PA vendors


Predixion – Easier to Create, Share & Consume

Insight Analy3cs™ -‐ Easy data prep, model build and deployment

Predic3vely enabled: Dashboards, Applica3ons, Reports


Predixion’s Last Mile of Analy3cs

AFFECT DECISIONS: Put PA insights into the hands of those making the decision


Analy3c Methods

Discover Es3mate Forecast

Risk Stra3fy Segment

Detect Outliers

Recommend Explain


Predic3ve Solu3ons = Focus On Decisions

•  Collaboratively ideate on potential predictive answers or suite of solutions

•  Leverage Predixion’s experience and best practices in achieving a realistic predictive roadmap with the fastest time-to-market / value

•  Predixion can provide training to build the data mining competency within your team for ongoing development


Predixion’s solutions team can offer turnkey development of embedded predictive answers:

PLATFORM + SOLUTIONS

Create

Collaborate

Consume

Predictable Hospital Acquired Infec;ons

Length of Stay & resource management

Market Profiling and Targe;ng

Next best offer/ Interven;on management

Customer / Member Reten;on

Predictable Readmission Management

Award winning predictive platform supports ongoing development of future of PA solutions


Portable Predic3ve Applica3ons

Data Schema Transforma;ons Business Predic;ve Algorithmic

Data Selec;on and

Sampling

Algorithms Valida;on and

Model Selec;on

Transforma;on Results

MLSM™

Machine Learning Seman3c Model™ Encapsulates Workflow & Enables Portability and Repeatability of Analysis

AUTOMATION AND SCALABILITY


•  SAS •  SPSS •  R

Predixion PMML Connexion™

Predixion Insight™

Enterprise Data Sources

Client Tools

and/or Predixion API Connexion™

Deployment

Predixion Architecture

Private Cloud

ExcelTM 2007 – 2013

PowerPivot Add-‐in Predixion InsightTM

Datasets, Models and Automa;on

Framework


Embedded Solu3ons

Designed to offer product management strategists a compelling BUY vs. build op;on:

•  Cu]ng edge, easy-‐to-‐use / integrate and extend pla^orm

•  Turn-‐key solu;ons development •  Rapid ;me-‐to-‐market / value •  Flexible licensing / partnering models


•  Download James Taylor's White Paper at Predixion’s website today: hbps://www.predixionsocware.com/predixion/OEMEmbeddedPredic;veAnaly;cs.aspx

•  Or, Ready to Talk: •  Schedule 30 minute exploratory session with Predixion:

Mark McNally +1.949.287.3608 [email protected]

Ques3ons & Next Steps?

Predixion – Mark McNally

•  VP of Business Development; heads strategic partnerships and OEM/Embedded business line

•  At Predixion, we endeavor to make Predic;ve Analy;cs easier to use, consume and embed

•  Offering turn-‐key embedded predic;ve solu;ons development

•  Crea;ve, flexible OEM business team •  World-‐Class network of partners


The Archive Trifecta: •  Inside Analysis www.insideanalysis.com •  SlideShare www.slideshare.net/InsideAnalysis •  YouTube www.youtube.com/user/BloorGroup

THANK YOU!

The Embedded Future: How Predictive Analytics Will Change Business

Technology

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