Big Data and PA

BIG DATA

Predictive Analytics

Predictive Analytics

The ability to collect and use

data to generate

insights that inform Fact

Based Decision Making

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How can predictive analytics help within my organization?

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Using validated DATA from the past to predict the future or an output

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PREDICTIVE ANALYTICS

(The World of DATAFICATION)Gives us unprecedented opportunities

to transform our facility and impact our KPI’s

What is BIG DATA?

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=jtmD0P30ByP23M&tbnid=PzLASQbkQiG6vM:&ved=0CAUQjRw&url=http://analyticstraining.com/2013/what-is-datafication/&ei=XfqVU-eBHImwoQTR6YDYBg&bvm=bv.68445247,d.b2U&psig=AFQjCNFdZIWbTbkQElDtcYc4FB_FlSlp7A&ust=1402424276171036

“Every day, we create 2.5 quintillion bytes of data”

Storage.com

Equivalent to 57.5 billion 32 GB iPadsThis is “BIG DATA”

90% of the data in the world today has been created in the last two years alone. This data

comes from everywhere: sensors used to gather climate information, posts to social

media sites, digital pictures and videos, purchase transaction records, and cell phone

GPS signals to name a few. IBM.com

Welcome to the world of DATAFICATION

Data Collected in 60 Seconds

694,445 Google Search Queries

20,000+NEW POSTS ON TUMBLR

12,000+ New Ads on Craigslist

695,000 Facebook Updates

168 Million Emails Sent

98,000+ Tweets

POLITICS2012 Obama Campaign

Data MiningThe Obama Campaign changed the way Big

Data could be used in predictive modeling for voters in critical counties throughout the

country

Source - Time Magazine/MIT Review

When Jim Messina arrived in Chicago as Obama’s newly minted campaign

manager in January of 2011,

he imposed a mandate on his

recruits: they were to make decisions

based on measurable data.

As one official put it, the time of “guys sitting in a back room smoking cigars, saying ‘We always buy 60 Minutes’” is over. In politics, the era of big data has arrived.

“Micro Targeting”

What Does BIG DATA Look Like

1.8 Billion Payment cards

in the USFederal Reserve Payment Studies, 2013

$1.4 Trillion transactions in the US in 2012

Federal Reserve Payment Studies, 2013

Processing10k

transactions per secondworldwide

NetflixGoogleAmazon

Wal-MartNSA

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=BoN_1cdeVjHpOM&tbnid=NqV9mY-kR0mC0M:&ved=0CAUQjRw&url=http://www.forbes.com/sites/merrillbarr/2014/06/06/does-orange-is-the-new-black-make-netflix-a-one-hit-wonder/&ei=_wCWU5mkG9ixoQTT-oHwDg&psig=AFQjCNHMo4jhA0NnphZSMCd__HgPxBshtg&ust=1402425980866614

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=7d3f6v5P0PkdgM&tbnid=kfTqAoywZhiQXM:&ved=0CAUQjRw&url=http://thenextweb.com/google/2013/03/17/after-testing-a-new-grid-menu-on-its-homepage-google-experiments-with-no-navigation-bar-on-all-its-sites/&ei=XgGWU4qUJMbeoATk3YDgBA&psig=AFQjCNFMoMw0QFdPqu2Z2v6Gc9PpPwZIVA&ust=1402426065191817

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=Y4c-YEK34Df-ZM&tbnid=VLQLeExFN-ElaM:&ved=0CAUQjRw&url=http://marketingland.com/researchers-say-online-sales-tax-caused-10-drop-amazon-revenue-81173&ei=mgGWU56mG9GxoQTlzYCQBw&psig=AFQjCNEXiS_WRnDi9ZlgkTC0lqbO7vg3fA&ust=1402426135367627

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=4bIRAedll5KBRM&tbnid=2oXtb3MfSRcM4M:&ved=0CAUQjRw&url=http://www.csrwire.com/members/12774-Wal-Mart-Stores-Inc-&ei=4AGWU7TXKYyHogS1nIGgBQ&psig=AFQjCNF_x4semHdUfMozEXvmp2Y6GpoDUA&ust=1402426203279185

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=5SPByfhiNOPpaM&tbnid=xfyrdVCqqeSWxM:&ved=0CAUQjRw&url=http://watchdog.org/127249/nsa-6/&ei=EwKWU4qjApD3oAS30IKYDA&psig=AFQjCNEdjbegrk66gCKC8cqhw8buASbcFA&ust=1402426255206296

The Three V’s of BIG DATA

BIG DATAis Big and Messy

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&docid=3LMC4Ev60-lHQM&tbnid=zAQSWNjBcVx2wM:&ved=0CAUQjRw&url=http://www.mlplatform.nl/highlights/aad-van-der-vaart-erc-advanced/&ei=awKWU4LZPIzroASXgYH4BA&psig=AFQjCNGHlXAFRd8Vo3mgXHzBhLVUvp4Xfg&ust=1402426337273720

Not all

BIG DATA is useful

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The challenge is putting BIG DATA

in a format the end user understands

CLOUD orIN HOUSE

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Utilize and mine all

important DATA

Do What You Can,With What You’ve Got,

Where You’re At,Right Now!

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I WANT TO BELIEVE

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Tim TateQuality and Continuous Improvement [email protected]

Kysor Panel Systems 521 Industrial Park Road, Piney Flats, TN 37686T 423.538.0900 Ext.108 • Fax 423.538.0909Cell 817.709.1214 • www.kysorpanel.com

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Big Data and PA