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for Insights
A Guide for Enterprise
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As the volume of data grows, businesses
are using the power of the cloud to gather, W E
analyze, and visualize data from internal
S
and external sources to improve business
performance on a variety of fronts.
Insights in
the Cloud
Business today runs on data: data about customers and
transactions, data about markets and trends, data about
internal operations, data about logistics and supply.
Just collecting this data is a formidable challenge and public cloud, the imperative is to connect the
but it’s not enough. To gain competitive advantage dots across the systems and silos so that leaders
from data, businesses need to sift through it to get a single, complete view of their business and
spot the trends that matter fast enough to act. the market. Building those connections between
internal data, which may reside on older systems
With the vast and growing amount of data never intended for real-time use, and external Big
into action.
dashboard, or a spreadsheet. Cloud software
Big Data, small data, rich data, all data. With and platforms can bring business data together
so many businesses now embracing a hybrid into that kind of view, turning insights into
approach that combines on-premises, private, actionable intelligence.
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TECHNICAL
The Four V’s of Big Data
BIG
CREEPY
SERVICE
SOURCES PRIVACY ORGANIZATIONS
TARGET
MARKETING
INFORMATION
ACROSS
HIGH
ENABLE
ALSO
BUSINESSPERSONALIZATION
DATA
VIEW
BILLIONS
CREATE
VIEW Volume: The sheer quantity of data produced today by
BRAND
SOPHISTICATED
PERSONALIZED PLATFORMS
TECHNOLOGY TRANSACTIONS Internet usage, social networks, mobile devices, sensors,
TARGETING
KINDS
CONSUMERS KNOW
ANALYTICS
ENABLE
FACEBOOK
MARKETERS
APPS LARGE
BEST
TALENT
SMART
embedded systems, and enterprise IT is exponentially
CUSTOMERS SETS
NEW MOBILE
DIGITAL
PREDICT
PEOPLE CONSULT greater than anything seen previously in human
SEARCH
WEATHER
MARKET SEVERAL
WITHIN GET
history. Just sifting through this mound of bits requires
WAY
ENGAGE
WORLD
DEVICES
TIME
ANALYSIS
STORE
WAYS
SETS TAKE POOR
unprecedented computational resources and scale.
VALUE
SMART
RELATIONSHIP
CUSTOMER VISUALIZE COMPANIES
By 2020, 35 zetabytes of data will be created.One third will be stored in or will have passed through the cloud.
Source: Progress.com, 2014
Cloud computing is a technological innovation, but how does it connect to the real needs and pains
of enterprise businesses?
Visualize and act: Data needs to be clear to 1010101010
0010010010
Integrate and personalize: Big Data in the be actionable. If the output is a complicated Variety: All kinds of systems, devices, and sources 1011001011
cloud yields fascinating real-time insights report or interface that requires expert technical contribute to the Big Data explosion, and the most
about consumer behavior and the market. Your skills to configure and customize, insights get valuable insights emerge from mashing up data sets
proprietary data contains the unique transaction lost or stuck at levels where they can’t influence to spot unusual correlations. Traditional computing 10101
history between customers and your business. meaningful outcomes. Look for cloud-based systems are not built to handle this kind of diversity 01010
10100
Combine the two and you can deliver targeted, data platforms that present data through and complexity; traditional data analysis methods
personalized experiences at every point of contact. familiar, widely used business tools that enable have had to evolve as well.
The problem? Most legacy systems weren’t built people at all levels of your organization to easily
for real-time performance and don’t share data understand data and act on trends quickly.
well. Integrating through cloud systems can reduce
the cost and complexity for IT. Secure and be confident: The cloud provides
security and continuity for your business-critical Veracity: Poor data produces poor results, or, as
Analyze and anticipate: Data comes in waves and data. Disaster recovery and high availability are IT engineers like to say, “Garbage in, garbage out.”
peak loads can occur at unexpected times. Even high- fundamental to the cloud model. Security updates How much of the data stream is spoofers, spammers,
performance stand-alone systems can experience and patches are updated globally, ensuring a high pranksters, and hackers? How much is coming from
problems that delay delivery of key insights and standard of risk management and enabling central unreliable equipment or sources? When it comes to
interrupt smooth operation of key processes. The management of security policy across all devices, Big Data that’s driving your most important business
elasticity of the cloud eliminates these problems including mobile. decisions, hygiene matters.
by scaling up instantly to handle peaks. Customers
only pay for that capacity when it is required.
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The Cloud Turns Data into Action
Cloud Connection
Hybrid cloud solutions bridge
Cloud Authority the distance between legacy data
With BI in the cloud, decision-makers and new data to support your
across the enterprise get a consistent, real-time enterprise.
real-time view of business data.
Cloud Innovation
Use the cloud to tap into data
created by emerging technologies
like the Internet of Things.
Cloud Scale
The massive processing power of
cloud analytics tools can shed light
on complex, unstructured data.
Smart Cloud for Smart Business. The cloud cuts Big Data down to size, giving enterprises a better way to collect, analyze,
and collaborate around business intelligence. The cloud can also connect Big Data with your data to provide unique insights
into customers for better targeting and personalized experiences.
Cloud Insights by the Numbers Evolution of Insights in the Cloud:
Turning Correlation into Causation
What new and emerging capabilities can businesses unlock on their journey to the cloud?
Why are businesses investing in Big Data?
to PERSONALIZATION. —Econsultancy, 2013 Make processes run more smoothly. Data Target and measure marketing performance.
produced by new sources including sensors, Data is turning marketing from an art into a
product tags, mobile devices, and other science, giving marketers better tools to raise
components of the emerging Internet of Things awareness, convert interest into sales, and build
can provide organizations with valuable insights loyalty. As consumers divert their attention across
? ? into points of failure in products or processes, multiple channels and screens, having a data-
Biggest Big Data challenges? ? 1 0 ? 1 1 ? 1 0 opportunities for cost savings in logistics and based approach to reaching the right people at
1 0 ? 1 0 ? 1 0 ? resource consumption, and other operational the right time is a key competitive advantage.
CONVERTING large DATA VOLUMES 0 ? 1 0 ? 1 0 ? 1
advantages.
? 0 0 ? 0 0 ? 0 0
into actionable intelligence: 73% 0 1 ? 0 1 ? 0 1 ?
1 1 0 1 0 0 1 1 0 Deliver personalized service at scale. By
See around corners with predictive analytics.
The volume, velocity, and variety of Big Data
53% say they have MORE DATA combining internal customer data and external
information from social networks and other
gives business leaders a more nuanced view of
the market than ever before. Those who can ask
than they know what to do with. anonymized measures of human behavior, the right questions and spot the right trends
businesses can cost-effectively tailor products, can make investments that anticipate market
—CompTIA, 2013 offers, and service more precisely to the interests demand, gaining a huge advantage over more
of each individual customer. reactive competitors.
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Vision for Enterprise SOLUTION IN ACTION
Considerations: To best realize these benefits for your business, ask the following questions
Is your data available across How are data security and privacy Are your cloud partners in it Are your business interests aligned
the enterprise? in the cloud handled? for the long haul? with those of your cloud partner?
Many organizations are using enterprise Studies show security concerns are inhibiting Continuity matters, and when cloud-based Cloud vendors not only have different approaches
software as a service (SaaS) tools for CRM, some enterprises from taking advantage of services end unexpectedly (either because and offerings, but different business models. Are
marketing automation, financial management, cloud-based services. There are also issues the vendor terminates the service, or because you comfortable with how a cloud service might
and other scenarios on an opportunistic basis, with government oversight and compliance a cloud provider ceases operations), the use your anonymous data or metadata as part of
led by business groups rather than central with regulations and government requests for disruption can be costly and painful for your their revenue stream? Are you concerned that your
IT. Are those SaaS systems compatible and customer data. Larger, better established cloud business. Some vendors of cloud-based cloud provider might end up competing with you
interoperable? Does data need to be exported in providers are typically on the front lines of these productivity tools have a history of prototyping in your market or for your customers?
batches from stand-alone cloud systems in order issues, strong advocates for data privacy, and potentially useful technologies like news
to be used elsewhere? As businesses evolve their first to market with policies, service terms, and aggregators or collaboration platforms, then
cloud strategies, availability of data across the technical solutions that meet emerging needs for abruptly terminating those services, leaving
hybrid cloud becomes a critical concern. security, transparency, and compliance. users high and dry.
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Key Takeaways
• Taking advantage of Big Data for business analytics, personalization, and predictive modeling
requires the scale and resources of the cloud.
• Cloud-based tools can also help businesses connect their on-premises and private cloud data with
new external sources to create more business opportunities and competitive advantage.
• Companies should look for cloud data solutions that enable integration and interoperability
between different data sources, rather than stand-alone solutions that keep data siloed in
proprietary apps and cloud repositories.
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