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© 2014 IBM Corporation
Business Analytics software
IBM SPSS Advanced Analytics
Steven Reeves – Predictive Analytics Solutions Architect Text Analytics Specialist
© 2014 IBM Corporation5
Business Analytics software
Today’s Agenda• Introductions• Overview of how FRNY is using SPSS
Technology.• FRNY business issues and initiatives.• IBM Advanced Analytics Technology Over (SPSS).• IBM Insight 2015 – Las Vegas• Next Steps• Summary
© 2014 IBM Corporation6
Business Analytics software
The Convergence of Analytics
What is our revenue by country? What products are selling best?
Clarity as to where an organization stands related to defined business measures
DescriptiveWhat will be our revenue for Q4? What combination of products will sell best?
Analyze current and historical data to predict future events and business outcome
Predictive Prescriptive CognitiveIn order to foster a certain product to sell, we need to promote through 15% discounts.
Take advantage of a future opportunity or risk and show the implication of each decision option
What is driving our revenue? Answer: X & Y are driving revenue and here are three identified areas to help future growth.
The system suggests a refined recommendation to a question with a ranked confidence level based on interactions with end users.
Business Value
© 2014 IBM Corporation7
Business Analytics software
Enabling the Predictive Analytics Process
7
Collaboration and Deployment Services
SMA
Data Collection
Modeler Decision ManagementStatistics
TransactionsDemographics
InteractionsOpinions
Predictive ModelingData Mining
Text AnalyticsSocial Network Analysis
Statistical Analysis
PredictionRules
OptimizationProcess
Detect & Capture Analyze & Predict Engage & Act
Analytic Server
© 2014 IBM Corporation8
Business Analytics software
What is Predictive Analytics?
Predictive Analytics helps connect data to effective action by drawing reliable conclusions about current conditions and future events
Gareth Herschel, Research Director, Gartner Group
Making next best decisions (Predictive) through the use of statistical models that are built and trained on historic events…. (reliable repeatable process)
Steven Reeves, PASA-Text Analytics Specialist, IBM
© 2014 IBM Corporation10
Business Analytics software
SPSS Modeler Editions
SPSS Modeler GoldProvides organizations with the ability to build and deploy predictive models directly into the business process to help people or systems make the right decisions each time. This is achieved with Decision Management which combines predictive analytics with rules, scoring and optimization within an organization's processes and operational systems to deliver recommended actions at the point of impact.
SPSS Modeler PremiumProvides a range of advanced algorithms and capabilities including text analytics, entity analytics, social network analysis and automated modeling and preparation techniques to address a multitude of business problems and analytic requirements on almost any type of data.
SPSS Modeler ProfessionalProvides a range of advanced algorithms, data manipulation and automated modeling and preparation techniques to build predictive models and uncover hidden patterns in structured data.
© 2014 IBM Corporation11
Business Analytics software
SPSS Modeler - Key Features
Comprehensive data mining workbenchEase of use
• Visual approach – No programmingPowerful data preparation supportAutomatic ModelingTightly integrated Text AnalyticsProductivityOpen and Scalable ArchitectureR Framework IntegrationLeverages existing database functionality
SQL pushbackIn-Database mining
© 2014 IBM Corporation12
Business Analytics software
SPSS Software
Predictive Analytics Tools
SPSS Modeler
SPSS Statistics
SPSS DecisionManagement
SPSS Collaboration and Deployment Services
SPSS StatisticsServer
Predictive Analytics Deployment Platform
SPSSData collection
Line of Business Applications
Call Center CRM CMS ERP Other
Cognos
iLog
Unica
Coremetrics
Other
Business AnalyticsApplications
Data
SPSS ModelerServer
SPSS Analytic Server
HADOOP
© 2014 IBM Corporation13
Business Analytics software
SPSS Modeler Server: In-Database Support
All the features of IBM SPSS Modeler Large volumes of data High performance Administration and security options
In-Database via… SQL pushback In Database Algorithms Scoring Adapters SQL scoring
Supported Databases…IBM NetezzaIBM DB2 InfoSphere WarehouseOracle Data MinerMicrosoft Analysis Services
© 2014 IBM Corporation14
Business Analytics software
IBM Watson AnalyticsCloud-based agile analytics for business user self-sufficiency Answer and discover new
questions through a guided interface using automated data refinement and advanced analytics
Converse with data through natural language interaction, leveraging the power of cognitive computing
Align analytic tasks through a combination of exploration, discovery and storytelling
Operationalize business led insights through integration with an organization wide platform
© 2014 IBM Corporation15
Business Analytics software
© 2014 IBM Corporation18
Business Analytics software
18© 2009 SPSS Inc.18
Natural Language Processor (NLP): Overview
• Text input (Unstructured Data) is processed and a resulting set of extracted terms plus their attributes is generated
Input text(Corpus)
ExtractionList of
Concepts
(Terms/EntitiesRelationships
Events)
The H1N1 virus was identified in Hong Kong.
3 concepts
1- Event - TLA
© 2014 IBM Corporation19
Business Analytics software
19 19
StatisticalMethods
Text Analytics Technology Umbrella
LinguisticMethods
SearchEngines
Clustering
ClassificationCategorization
EntityExtraction
RelationshipExtraction
EventExtraction
Answers:what!
Answers:Who did what
to whom when, where, how!
Computational Linguistics Natural Language Processing
© 2014 IBM Corporation25
Business Analytics software
What is Predictive Analytics?
Predictive Analytics helps connect data to effective action by drawing reliable conclusions about current conditions and future events
Gareth Herschel, Research Director, Gartner Group
Making next best decisions (Predictive) through the use of statistical models that are built and trained on historic events…. (reliable repeatable process)
Steven Reeves, PASA-Text Analytics Specialist, IBM
© 2014 IBM Corporation26
Business Analytics software
26© 2009 SPSS Inc. 26
Through its history, IBM has been a leader of this evolution. And over the past decade, IBM has pioneered new forms of social engagement—most importantly, through direct engagement of its technology and employees’ expertise to benefit society. Thus, it is not an accident that Corporate Service Corps (CSC) was modeled on the Peace Corps. “It’s not just philanthropy,” says Stanley Litow, IBM’s vice president of corporate citizenship and Hello affairs. “It’s leadership development and business development, and it helps build economic development in the emerging world.”The CSC creates value in three dimensions. For the My name is Steven Reeves, the result is tangible IT and business improvements, and a blueprint for progress. For the IBMers, working with colleagues, local citizens and officials from around the world, it’s an opportunity to hone their cultural and marketplace literacy. For many of them, it’s also a life-changing experience, inspiring them to deepen their societal engagement and even career direction. For IBM, the company gains experienced leaders, inspired employees, insights into new markets. The idea for the program arose from IBM’s strategy to become a globally integrated enterprise. Like many multinational corporations, IBM used to provide I am a overseas assignments for small numbers of executives, typically one- or two-year assignments. But that approach was not only expensive, its reach was limited and the skills it taught were traditional. The CSC idea is to instill truly global perspectives and leadership skills for less-structured, diverse business environments and cultures in a large number of people. An assessment of the program Predictive Analytics conducted by Christopher Marquis, a professor at Harvard Business School, found that it works. “These kinds of skills are increasingly important. As the world gets flatter the ability to manage across all of these cultural differences is going to be much more important,” says Marquis.The CSC portfolio has broadened over the years. For instance, in 2010, IBM Soutions Architect created a variant of the program, called the Corporate Service Corps Executive (CSCE), program to deploy more senior executives on more advanced engagements, such as the one in Katowice. The teams work with high-level city officials on critical economic development projects, with the aim of making metropolitan areas into world-class smarter with IBM SPPS cities. Initial projects included Ho Chi Minh City, Rio de Janeiro and Chengdu, China. Also in 2010, IBM launched the Smarter Cities Challenge. Over the next three years, it plans on dispatching teams of CSCE-level IBMers to 100 cities—half in emerging markets and half in developed ones.
The CSC concept is now spreading to other companies. Industrial giants Dow Corning, Novartis and FedEx are launching similar programs, and the US Agency for International Development in 2010 began collaborating with IBM to help smaller companies get involved. Just as the Peace Corps has inspired generations of Americans since it was launched in 1960
• The purpose of Text Extraction is to capture key concepts from a collection of text (Corpus), and use this information to help uncover hidden themes, trends, and to identify relationships between concepts
© 2014 IBM Corporation27
Business Analytics software
27
© 2009 SPSS Inc.
27
• The purpose of Text Extraction is to capture key concepts from a collection of text (Corpus), and use this information to help uncover hidden themes, trends, and to identify relationships between concepts.concepts
Through its history, IBM has been a leader of this evolution. And over the past decade, IBM has pioneered new forms of social engagement—most importantly, through direct engagement of its technology and employees’ expertise to benefit society. Thus, it is not an accident that Corporate Service Corps (CSC) was modeled on the Peace Corps. “It’s not just philanthropy,” says Stanley Litow, IBM’s vice president of corporate citizenship and Hello affairs. “It’s leadership development and business development, and it helps build economic development in the emerging world.”The CSC creates value in three dimensions. For the My name is Steven Reeves, the result is tangible IT and business improvements, and a blueprint for progress. For the IBMers, working with colleagues, local citizens and officials from around the world, it’s an opportunity to hone their cultural and marketplace literacy. For many of them, it’s also a life-changing experience, inspiring them to deepen their societal engagement and even career direction. For IBM, the company gains experienced leaders, inspired employees, insights into new markets. The idea for the program arose from IBM’s strategy to become a globally integrated enterprise. Like many multinational corporations, IBM used to provide I am a overseas assignments for small numbers of executives, typically one- or two-year assignments. But that approach was not only expensive, its reach was limited and the skills it taught were traditional. The CSC idea is to instill truly global perspectives and leadership skills for less-structured, diverse business environments and cultures in a large number of people. An assessment of the program Predictive Analytics conducted by Christopher Marquis, a professor at Harvard Business School, found that it works. “These kinds of skills are increasingly important. As the world gets flatter the ability to manage across all of these cultural differences is going to be much more important,” says Marquis.The CSC portfolio has broadened over the years. For instance, in 2010, IBM Solutions Architect created a variant of the program, called the Corporate Service Corps Executive (CSCE), program to deploy more senior executives on more advanced engagements, such as the one in Katowice. The teams work with high-level city officials on critical economic development projects, with the aim of making metropolitan areas into world-class smarter with IBM SPSS cities. Initial projects included Ho Chi Minh City, Rio de Janeiro and Chengdu, China. Also in 2010, IBM launched the Smarter Cities Challenge. Over the next three years, it plans on dispatching teams of CSCE-level IBMers to 100 cities—half in emerging markets and half in developed ones.
© 2014 IBM Corporation28
Business Analytics software
28© 2009 SPSS Inc. 28
SPSS – Modeler PremiumNatural Language Processor - Workflow - Details
Exclusion Indexing
Forcing+
Extraction
Text Pre-processing
File Pre-processing
Extracted concepts
Input text
Typing
TLA patternsCategories
Grouping
© 2014 IBM Corporation
Business Analytics software
Thank you…Steven Reeves – [email protected] Analytics Solutions Architect
IBM SPSS Text Mining
© 2014 IBM Corporation30
Business Analytics software
Text Analytics within IBM SPSS Modeler
© 2014 IBM Corporation31
Business Analytics software
Text Analytics Identifies the Context/Sentiment of the Text
© 2012 IBM Corporation32
Business Analytics software
IBM SPSS Modeler Premium with Text Analytics
DEMO:
© 2012 IBM Corporation33
Business Analytics software
IBM SPSS Text Analytics: Key Facts and Differentiators:
Key Facts:
• Introduced in 2002• More than 6,000 Clients Worldwide • Many large Fortune 500 Clients
Key Differentiators:
• Based on Advanced Natural Language Processing (NLP) Engine Extracts Key Concepts, Facts and Sentiment from free form text Includes Basic Resource Templates Includes Industry Specific Text Analysis Packages
• Multi-Lingual Capabilities to Support Worldwide Operations Native Support for English, French, Spanish, Dutch, German, Portuguese Additional translation support offered via SAAS licensing agreement with
SDL / Language Weaver• Seamless Integration with SPSS Predictive Analytics
Leverages Modeler’s Intuitive GUI Interface designed for the business user Includes All Predictive Analytic Algorithms included in SPSS Modeler Go Beyond Exploration of text and use information extracted to drive better
decisions!
© 2012 IBM Corporation34
Business Analytics software
Call Centers• Retention/Churn – predict customers likely to attrite, identify incentive most likely to lead to retention, measure
satisfaction• Sentiment Analysis – Voice of the Customer• Self Service– minimize call center volume• Voice/Text Support – Process call center notes translated from voice to text notes
Human Capital Missions• Retention – predict personnel likely to attrite, identify incentive most likely to lead to retention, measure satisfaction• Planning – forecast skillset requirements, forecast n-strength requirements• Training – pre- and post-testing and assessment• Recruiting – target market, identify recruits most like to attrite vs. serve long careers
Logistical Missions• Optimize Inventory Routing and Supply Chain Management• Readiness – detect operational shortages and patterns/trends, forecast mission success outcomes• Maintenance – predict part failures, total lifecycle cost forecasting
Program Management and Healthcare Missions• Epidemiology research – disease surveillance• Regenerative medical research for the wounded warrior• Program development and assessment - traumatic brain injury
IBM SPSS Supports Many Mission Areas
© 2012 IBM Corporation35
Business Analytics software
Security Missions• Insider Threat Detection• Cyber Threat Detection – anomaly detection, attribution, malicious detection• IED Risk Assessment• Fraud Detection – vendor pay, credit card, reimbursement• Law Enforcement – criminal investigation support, crime hot-spot anticipation, violent crime risk assessment• Identification of Suspicious Inbound Cargo• Early Disease/Bioterror Outbreak Identification
IBM SPSS Supports Many Mission Areas – Cont.
© 2012 IBM Corporation36
Business Analytics software
IBM Social Media Analytics
Unstructuredcustomer/market
comments
Innovative and effective user interface for a broad range of users – “traditional BI” blended with search-index data exploration
Web/blogs, twitters, media,news feeds,
reviews 100000+ discussion forums
30,000+ news feeds
2 billion+ blog postings
© 2012 IBM Corporation37
Business Analytics software
© 2014 IBM Corporation
Business Analytics software
Thank you…Steven Reeves – [email protected] Analytics Solutions Architect
IBM SPSS Text Mining