How media agencies solve the big data revolution

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George Maynard, Group Head of DataScience at Annalect, shares his thoughts on how media agencies are coping with the big data revolution at an IPA 44 Club event in London. To learn more about The IPA visit www.ipa.co.uk and The 44 Club here www.ipa.co.uk/groups/44-club-2

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© Annalect Datascience 2014 | confidential

George Maynard,

Group Head of DataScience, Annalect

How are media agencies coping with the data

revolution?

© Annalect Datascience 2014 | confidential

So why are we here?

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© Annalect Datascience 2014 | confidential

Technology has changed our behaviour

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Which this year will generate 4 zetabytes

2.6

3.3

4.2 5.2

6.4

7.7

0

1

2

3

4

5

6

7

8

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2012 2013 2014 2015 2016 2017

Glo

bal D

ata

Cen

tre I

P T

raff

ic

(Zeta

byte

s)

Source: Cisco - http://www.cisco.com/c/en/us/solutions/collateral/service-provider/global-cloud-index-gci/Cloud_Index_White_Paper.html

© Annalect Datascience 2014 | confidential

For context that is equivalent to everybody on

earth tweeting constantly for over 400 years*

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2014 - 2414

* Based on EMC definition of 1 ZB

© Annalect Datascience 2014 | confidential

Just enough to fit on the NSA’s data centre in

Utah…

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…they have 5ZB

© Annalect Datascience 2014 | confidential

So how are we coping with the data revolution?

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© Annalect Datascience 2014 | confidential

Defining it - The 3 V’s

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Velocity

Volume

Variety

Gartner: 2001

© Annalect Datascience 2014 | confidential

The 4 V’s

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Velocity

Volume

Variety

Veracity Value…

Gartner: 2001

+

IBM: 2012

© Annalect Datascience 2014 | confidential

More V’s - even the definition has expanded

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Velocity

Volume

Variety

Veracity Value…

Gartner: 2001

+ +

IBM: 2012

© Annalect Datascience 2014 | confidential

What does this mean for media agencies?

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© Annalect Datascience 2014 | confidential

Our raison d’être

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Source: http://www.marketingtech.org/wp-content/uploads/2013/09/Brand-vs-Consumer.jpg

© Annalect Datascience 2014 | confidential

How this used to work

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Source: http://blog.gsdm.com/wp-content/uploads/2011/10/social-media-graphic-consumer-perspective-traditional-era1.jpg

© Annalect Datascience 2014 | confidential

Now it’s much more complicated

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© Annalect Datascience 2014 | confidential 15

How is this impacting us?

© Annalect Datascience 2014 | confidential

3 billion data points coming in every single day

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and more…

© Annalect Datascience 2014 | confidential

All this is increasing faster than we thought

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OMG data growth

Original Estimate

Revised Estimate

(Late 2013)

Current Estimate

Actual Usage

© Annalect Datascience 2014 | confidential

What do Jack Bauer and big data have in

common?

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© Annalect Datascience 2014 | confidential 19

© Annalect Datascience 2014 | confidential

Programmatic buying has led to Real Time

Bidding (RTB) via agency trading desks

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DSP

Trading Desk

© Annalect Datascience 2014 | confidential

From DSPs to DMPs – Essentially acting as

Cookie junctions

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© Annalect Datascience 2014 | confidential

Even more ways to reach specific micro

audiences

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© Annalect Datascience 2014 | confidential

Old world and new world coming together

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© Annalect Datascience 2014 | confidential

“The secret of change is to focus all of your energy,

not on fighting the old, but on building the new.”

- Socrates

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New infrastructure required

Rackspace

© Annalect Datascience 2014 | confidential

New people required

Me

Who knows

Python?

© Annalect Datascience 2014 | confidential

New people required

And ‘traditional’ media-types need to get on board

“We are already making the technical leaps

necessary within pockets of our organisations,

but rather than be just a team or specialism,

data-centricity is one way of describing a

broadly-adopted skill and mindset in itself.”

- Dylan Mouratsing (Evidence Director, Manning Gottlieb OMD)

© Annalect Datascience 2014 | confidential

And we’re having to communicate more

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© Annalect Datascience 2014 | confidential

“The only constant is change.”

- Heraclitus

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© Annalect Datascience 2014 | confidential

Open Data

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© Annalect Datascience 2014 | confidential

Open vs. Private

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© Annalect Datascience 2014 | confidential

Robots – Friend or Foe?

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© Annalect Datascience 2014 | confidential

We still need clever and creative thinkers!

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Thank you

George Maynard

george.maynard@omnicommediagroup.com

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