Data & Analytics Will Disrupt Your Business Model

Preview:

DESCRIPTION

 

Citation preview

#ProductCampDUB @LogiAnalytics

Data and Analytics will disrupt your

business model

Product Camp Dublin – 5 June 2014

#ProductCampDUB @LogiAnalytics

Contact Information

Alvin Wong

Product Marketing Manager

alvin.wong@logianalytics.com

2

#ProductCampDUB @LogiAnalytics

Embedded Analytics

Integration of analytic content and capabilities inside software applications

3

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

Disruption

4

#ProductCampDUB @LogiAnalytics

Fitness trackers

5

#ProductCampDUB @LogiAnalytics6

Data and analytics

is a disruptive force

for all products and services

#ProductCampDUB @LogiAnalytics

Amazon

7

No need for a salesperson!

Embedded DataFast Transactions

+

#ProductCampDUB @LogiAnalytics8

All applications

are becoming

Analytic Applications

#ProductCampDUB @LogiAnalytics

Kayak

9

New business model

Analytic ApplicationSmooth

Transactions

+

#ProductCampDUB @LogiAnalytics

Analytics as a Core Capability

• In successful consumer applications

• For smarter consumers

10

Applications Analytics

#ProductCampDUB @LogiAnalytics

Analytics in Business Applications

11

Business

Applications

Business

Intelligence

Work

Smarter

?

#ProductCampDUB @LogiAnalytics

Social Media Monitoring

12

#ProductCampDUB @LogiAnalytics

Analytics Enables Smart Process Applications

“Smart process applications are growing at double-digit rates

(18%) that are significantly faster than the overall software

market (7%).”

• Embedded awareness data relevant to the business activity

• Embedded analytical tools designed for the task at hand

- Forrester, Global Tech Market Outlook, 2013

13

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

2. Value of data and analytics

14

#ProductCampDUB @LogiAnalytics

2014 State of Embedded Analytics Report

• Executive Insights on

Embedded Analytics

• Why Embed Analytics

• How to Embed Analytics

15

http://learn.logianalytics.com/2014-soea

#SOEA

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

Relative to the overall value of your

application, what is the value of analytics

in your product?

16

#ProductCampDUB @LogiAnalytics

23%Last year

Percentage value of analytics relative to

the overall product:

17

35%This year

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

What percentage of your users

regularly use analytics today?

18

#ProductCampDUB @LogiAnalytics

51%today

Regular users of analytics:

19

68%1-2 years

#ProductCampDUB @LogiAnalytics

Software providers agree that embedded

analytics helps them:

89%

90%

90%

91%

92%

92%

Create a competitivedifferentiator

Attract new users

Give better sales demos

Increase end user adoptionof the product

Improve customersatisfaction

Improve user experience

20

#ProductCampDUB @LogiAnalytics

22.6%Of those who charge for

analytic capabilities, companies

charge on average 22.6% on

top of their core offering.

21

#ProductCampDUB @LogiAnalytics

65%of software providers will

invest in embedded

analytics over the next 12

months

22

#ProductCampDUB @LogiAnalytics

43%of those who do

NOT have

embedded

analytics

Who will invest in embedded analytics over

the next 12 months?

23

75%of those who do

have embedded

analytics

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

Invest for the short- and long-term.

24

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

The trend is moving toward

Infused Analytics.

25

#ProductCampDUB @LogiAnalytics

Evolving Analytic Nature of Business Applications

Analytics is becoming…

• a core capability within applications instead of

being an adjunct capability

• prevalent within the user experience and user

workflows

26

#ProductCampDUB @LogiAnalytics

Embedded Analytics Maturity Model

Increasing integration = product differentiation

27

UI UI

EmbeddedNon-Embedded

#ProductCampDUB @LogiAnalytics

The Standalone Analytics Application

The only shared component between the application and

analytics is the common data source.

28

Standalone Analytics

Application

UI UI

Application

OK

Analytics

Application

#ProductCampDUB @LogiAnalytics

Gateway to Analytics Application

User security and access is integrated via single sign-on.

29

Standalone Analytics

Application

UI UI

Gateway to

Analytics

Application

OK

Analytics

ApplicationOK

#ProductCampDUB @LogiAnalytics

Gateway to Analytics

30

On-Premise

ApplicationsCloud

Applications

Cloud BI

Standalone Gateway Inline Infused

• On-premise applications in retail and healthcare

• Hybrid architectures

OK

OK

OK OK

#ProductCampDUB @LogiAnalytics

Inline Analytics

Analytics appears inside the application.

31

Standalone Analytics

Application

UI UI

Gateway to

Analytics

Inline

Analytics

Application

OK

Analytics

ApplicationOK

Module

OK

#ProductCampDUB @LogiAnalytics

Infused Analytics

Analytics integrated within application

workflows.

32

Standalone Analytics

Application

UI UI

Gateway to

Analytics

Inline

Analytics

Infused

Analytics

Application

OK

Analytics

ApplicationOK

Module

OK

OK

#ProductCampDUB @LogiAnalytics

Interactive Medica

Multi-channel CRM solution for the life sciences industry

• Replaced a vital, but expensive and manual process, with an efficient

workflow

33

Standalone Gateway Inline Infused

#ProductCampDUB @LogiAnalytics

How applications embed analytics today

Level 1

Gateway to

AnalyticsLevel 0

Standalone Analytics

Application

Level 2

Inline AnalyticsLevel 3

Infused

Analytics

Application

OK

Analytics

Application

OK

Module

OK

OK

34

9%16%

53%

22%

#ProductCampDUB @LogiAnalytics

100%of those who infuse

analytics say it

increases revenue

Infused analytics delivers results

35

95%of those who infuse

analytics say it

creates a competitive

differentiator

#ProductCampDUB @LogiAnalytics

How applications anticipate embedding

analytics

15% 14%

30%

41%

Standalone Gateway Inline Infused

Application

OK

Analytics

Application

OK

Module

OK

OK

36

#ProductCampDUB @LogiAnalytics

How applications anticipate embedding

analytics

37

5%10%

34%

51%

Standalone Gateway Inline Infused

With Embedded Analytics Today

37%

23% 22%18%

Standalone Gateway Inline Infused

Without Embedded Analytics Today

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

Plan for deeper integration,

in phases.

38

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

Big Data

39

#ProductCampDUB @LogiAnalytics

What is Big Data?

• X # rows of data

• A concept (Volume, Velocity, Variety)

• A technology (Hadoop, NoSQL, Analytic

Datastores)

• Bullocks

#ProductCampDUB @LogiAnalytics

Gartner Hype Cycle

#ProductCampDUB @LogiAnalytics

Data sources to be deployed

42

#ProductCampDUB @LogiAnalytics#ProductCampDUB @LogiAnalytics

Data is evolving.

43

#ProductCampDUB @LogiAnalytics

2014 State of Embedded Analytics Report

• Executive Insights on

Embedded Analytics

• Why Embed Analytics

• How to Embed Analytics

44

http://learn.logianalytics.com/2014-soea

#SOEA

#ProductCampDUB @LogiAnalytics

Data and Analytics will disrupt your

business model

Product Camp Dublin – 5 June 2014

Recommended