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BIG DATA USE CASES

INTEGRATING BIG DATA INTO YOUR


BUSINESS MODEL.

The power of big data lies in creating a complete view of critical But what value? What data? How much? How frequently? What
business issues. The depth of insight depends on bringing analytics? These are questions that must be answered in detail
together structured and unstructured data in a timely fashion to provide the right context for making technology investments.
from sources internal and external to the enterprise. Advanced
analytics can then tap this data pool to unlock the key insights
that drive significant business value.

Generally, we find that five categories of use cases are primarily driving the adoption of big data.

TYPES OF USE CASES DRIVING BIG DATA ADOPTION

Data Exploration • Federated view of enterprise-wide data


1 • Discovery portal in order to become more data-driven
• Platform for proof of concept (POC)

Customer • Historical view of customer via master device management (MDM), data warehouse, or a
360-Degree View customer relationship management (CRM) application
2 • 360-degree view connecting this structured data with “what is happening now” (social
media, event-driven data, mobility, etc.)
• Customer engagement: the right offer at the right time

Operational • Reduced costs and increased efficiency with machine-generated data

3
Systems Analysis • Areas of opportunity include monitoring and analyzing systems in real time (e.g., traffic
management, proactive maintenance) or pooling operational data for pattern/anomaly
analysis

Storage/Data • Technology that increases the value of existing data warehouses, such as streaming
4 Warehouse
Augmentation
capabilities, unstructured data management, cost-effective storage, ETL offload, and
contextual/cognitive solutions

Security Intelligence • Event log and packet data-level analysis


5 Extension • Discovering threats sooner and taking action (preventative and/or retrospective) in real
time or near real time
BIG DATA USE CASE BRIEF

A detailed business use case includes objectives and scope, performance requirements, data
acquisition and organization, analytics requirements and workflow requirements

BUSINESS BUSINESS DATA


ANALYTICS WORKFLOW
OBJECTIVES PERFORMANCE ACQUISITION AND
REQUIREMENTS REQUIREMENTS
AND SCOPE (SLAS) ORGANIZATION

• Business • Response time • Frequency of ingest • Retrieval/summary • Output to humans


imperative statistics or analytic or machines
• Real time, near real • Scheduled or
models
• Current process time, or batch continuous input • How the output
and limitations • Simple or advanced integrates with
• Data availability • Number of data
models existing workflow
• Impact on and retention sources
revenues • SAS/SPSS vs. • Format of output
• Number of users • Structured or
and costs R/custom
unstructured data
• Experience level
• Transformative • Descriptive or
of users • Type of data
opportunity prescriptive statistics
(key value,
• Security and privacy
• Challenges and geographical, text, • Need for interactive
constraints • Application availability object, etc.) business intelligence
(technical, and visualization
• Disaster recovery • Volume of data
organizational,
• Production or
regulatory) • Need for updates/
exploratory analysis
rewrites/deletes
• Scope
(geography,
line of business)

Factors for consideration in defining big data use cases.

SAMPLE INDUSTRY USE CASES

Auto Insurance Consumer Finance


Insurance providers are revolutionizing auto insurance In consumer finance, data analytics is a relatively mature
pricing through telematics: the practice of putting sensors practice with financial institutions relying on analytics to assess
in cars to measure driving behavior. The business objective risk, inform investments, tailor marketing and identify fraud. By
is to underprice competitors in an industry where $5 billion bringing technologies like Hadoop and in-memory databases
in advertising chases a fixed premium base. The data can into the data ecosystem, financial institutions can get more from
include traditional underwriting variables (age, automobile their analytics practices. For example:
credit scores, prior claims) and new data (speed, routes, • Hadoop for data warehouse optimization: Underwriting
braking, etc.). Analytics may include regression to compute models are constantly evolving, and financial institutions are
the likelihood of an accident and clustering (i.e., this driver always looking to gain an edge in understanding customer
resembles that driver). Big data infrastructure can be risk. Giving analytics teams the ability to experiment with
designed to: all of the historical data in its native form allows them to
• Increase data insight: For example, new data gathered quickly build, compare and choose their ‟golden″ models
by in-vehicle sensors or telematics on mileage and speed on a regular basis. Institutions can stay current with market
can be used to calculate data on acceleration and braking trends and avoid being blindsided by frequent charge-offs
trends. from risky customers.
• Improve data storage: New data can be stored (e. g.,
Hadoop), processed (e.g., Java, MapReduce) and
merged with historical and archived data (e g., in a
data warehouse).
• Develop new business models: Analytic results can lead
to new models for calculating and managing risk and
identifying individual and demographics trends and put
them into production (e.g., with SAS or R).

2 © Copyright 2014 by World Wide Technology, Inc. All Rights Reserved


BIG DATA USE CASE BRIEF

• In-memory databases for real-time analytics: When Transportation


customers call to close an account, rapid information Transportation agencies are continuously pulling data—whether
gathering and analysis with an in-memory system can from ticket transactions, mobile tracking and scheduling
provide a recommended list of deals customer service applications or RFID and customer relationship management
representatives can offer to retain business. Text (CRM) systems. When these agencies build a unified data
transcriptions of past phone calls, historical clickstream platform and apply advanced analytics, they begin seeing
information and all other customer touch points can business value across their organizations, including:
be used to develop the deal that offers the highest
probability of retention. • Infrastructure: By using zip codes and rider-specific data to
better understand customer numbers and travel patterns,
• Parallelized algorithms for fast, full-population model organizations can add stops to accommodate riders, improve
building: As parallelized algorithms foster faster route planning, better manage capacity, increase revenue
analysis on much larger sets of data, financial services and maximize the availability of assets and infrastructure.
organizations can quickly develop, test and deploy
detailed models that deliver a 360-degree view of • Customer service: To improve customer service, agencies
evolving customer behavior to lower risk and increase can use identity resolution analytics to map data to
profit. For example, institutions can build accurate individual customers and create in-depth profiles that can
models in hours, rather than days or weeks, that forecast be integrated directly into their CRM systems, providing real-
spending and determine who should receive a loan or time access to all historical customer data and streamlining
credit card, how much credit should be extended to operations and workflows for customer service reps.
an individual, whether to proactively extend credit to • Operations: Overlaying multiple data sets, such as
profitable customers, and identify propensity to attrite. customer locations and issues, using location analytics with
visualization can identify customer clustering and service
Healthcare trends, quickly spot problem areas and resolve service
delivery issues faster.
By unifying dispersed data sets and applying advanced
analytics, healthcare organizations have the opportunity to • Marketing and Sales: Customer profile data sets allow
improve medical outcomes, lower costs and inform strategic agencies to segment customers and accounts across the
planning. Healthcare use cases include: network to provide marketing teams and advertisers better
visibility into customer bases in stations, on board vehicles
• Improving at-risk prioritization: Healthcare organizations
and along rail routes.
can use analytics to predict which patients are at risk
of noncompliance with clinical guidelines for treatable
conditions like diabetes or osteoporosis, which improves Utilities
medical outcomes, reduces hospitalization and boosts Utility companies are generating terabytes of data from meters
HEDIS scores. and other end-point sensors daily. This ready store of data
• Simplifying claims and operations: By using pattern has the advantage of size, scope (presenting a long-term view
matching to find possible excess charges and prioritizing incorporating historical records) and potential predictive insight
bills for review before payments, healthcare payers can (indicating trends and patterns). Sensor data can be further
avoid overpayment and detect questionable charges, combined with associated data, such as maintenance notes, call
avoiding pay and chase. center and customer service records and external data sources
to provide utilities a better view into consumption patterns and
• Maintaining optimal staffing: Using big data analytic grid risks.
models to forecast patient visits and accurately predict
changes in census, hospitals can avoid overstaffing, • Operational inefficiency identification: The combination
improve staffing flexibility with real-time updates and of data sources and application of exploratory analyses
lower overall staffing costs without sacrificing patient care. helps to uncover which transformers are contributing to
inefficiencies. Data compiled from multiple sources (such as
• Strengthening marking and expansion planning: scheduling, status, sensor readings, meter and external data)
Healthcare organizations can use clinical, financial provide visibility into operations.
and demographic data to micro-segment the market
for preventative and elective procedures—or even • Alarm stratification: Analytical profiling of and clustering
systematically choose sites for planned expansion—with of alarms can be used as a basis for re-stratifying alarms,
enriched datasets and nonlinear, multivariate predictive showing how potential features such as volume and
analytic models. response rate can be used to define groupings. A successful
stratification might reduce the number of critical alarms
and increases the potential classifications. Alarm operators
report that analytics decreases time wasted dealing
with supposedly ‟critical” alarms and improves overall
troubleshooting, leading to greater efficiency in the alarm
monitoring process.

© Copyright 2014 by World Wide Technology, Inc. All Rights Reserved 3


BIG DATA USE CASE BRIEF

Conclusion BIG DATA WORKSHOP


The WWT Big Data Workshop is a two- to four-hour technical and strategic
As data sources inside and outside the
whiteboard session designed to increase your understanding of big data and
organization overwhelm legacy data
help you outline your strategy for using a big data analytics solution to add
warehouses and application infrastructures,
value. Attendees will work with WWT experts to develop specific use cases
enterprises face a new class of challenges
and better understand available solutions, their architectural differences and
and a new imperative for change. Identifying
the specific benefits each provides.
your core use cases is an important step in
establishing a big data roadmap and moving This workshop gives your organization the opportunity to gain a better
forward efficiently and cost-effectively. understanding of big data as it relates to your mission critical goals and to
discuss proven and potential use case scenarios. Attendees will gain valuable
insight into a big data analytics solution available today, including its key
benefits and architectural differences, in order to evaluate which solutions
will work best for their organization.
To be successful, big
Contact us at:
data decisions need to BigData@wwt.com to schedule a Big Data Workshop for your organization.
be grounded in business
value.

WWT can help bring the competitive advantages and benefits of


big data to your organization in a way that supports your business goals.
We are here to talk about next steps and answer any questions.

Learn More
Contact us at: BigData@wwt.com
Learn more at: www.wwt.com
Download our comprehensive big data guide:
Turning Big Data into Business Value: A Practical Guide to Big Data.

© 2014, World Wide Technology. All rights reserved. World Wide Technology, Inc.
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