the new normal: predictive power on the front lines
DESCRIPTION
The Briefing Room with Mike Ferguson and Alteryx Today's savvy organizations know that a streamlined approach to data and applications can put the power of predictive analytics right where it needs to be: in the hands of the user. A revolution is underway, designed to deliver capabilities in a more user-friendly fashion to any business analyst. Central to this overhaul of design is the concept of intelligent, simple workflow, which enables users to get things done in an orderly fashion.TRANSCRIPT
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1© 2012 Alteryx, Inc. Confidential.
The New Normal: Predictive Power on the Front Lines
Matt Madden- Sr. Product Marketing Manager
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2© 2012 Alteryx, Inc. Confidential.
• New sources creating huge volumes of “Big Data”
• Social Media• Sensors• Radio Frequency ID (RFID)• Log files
• More Data= More Questions= More Decisions
• Predictive analytics provides tremendous potential for high-value analysis & decisions
• Customer Analytics• Marketing Optimization• Market Basket Analysis• Inventory Analysis• Reducing Churn
Decisions start with data
Predictive
Value
Big Data
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3© 2012 Alteryx, Inc. Confidential.
• Traditional Business Intelligence (BI) platforms are backward-looking
• Predictive Analytics represents the highest value• Historically, Predictive Analytics also been most complex to
implement
Predictive Analytics: A Competitive Imperative
Reporting
Analysis
Monitoring
Prediction
Reporting- What happened?• Query, reporting tools
Analysis- Why did it happen?• OLAP & visualization tools
Monitoring- What’s happening now?
• Dashboard, scorecards
Prediction- What might happen?• Predictive analytics*Source: The Data Warehousing Institute (TDWI) www.tdwi.org
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4© 2012 Alteryx, Inc. Confidential.
• Time-consuming• Requires specialized expertise
The “Old Way” Doesn’t Work Any More
• Expensive• Hard to rapidly iterate
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5© 2012 Alteryx, Inc. Confidential.
• Faster time from question to insight• No specialized skills required
Alteryx Strategic Analytics: A New Approach
• Lower cost• Iteration-friendly
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6© 2012 Alteryx, Inc. Confidential.
Structured | Semi-structured | Unstructured
Integration
Local & Productivit
y
Alteryx Big Data Architecture – App Design
Inter Source Data Integration
Personal ETL access &
integrate any data
Agile Database large scale, rapid data processing
Data Quality keep your data
clean and credible
Data Management define and map
relationships between data
AnalyticsPredictive
Drive foresight with R based
tools
StatisticalUnderstand and
build models
SpatialDeep understanding of
location intelligence
In D
B
Analy
tics
Ingest
Outp
ut &
U
plo
ad
Data Warehouse
NoSQL HadoopBig Data
Discovery
AnalyticsConsumption
Analytic Apps
3rd Party Multiple Format Output
IT / DW
Team
(Coming soon)
Publish
Outp
ut
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7© 2012 Alteryx, Inc. Confidential.
Alteryx Analytic Workflow – Step 1
Integrate any data source
Inte
gra
te
Un-Structured Content Rapid design of
predictive analytics
Analyze
App &
Data
All Relevant Data
Enrich
Packaged Market &
Customer Data
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8© 2012 Alteryx, Inc. Confidential.
Create & Share Analytic Apps in Cloud – Step 2
Asse
mble
App
Private or Public Cloud
Publish
Run
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9© 2012 Alteryx, Inc. Confidential.
• Emerging data sources• High volume• High velocity• High variability
• New data platforms• Hadoop• NoSQL
• Alteryx advantage• Easily integrate non-
traditional data• Leverage technology and
cost advantages of next-gen platforms
Integrate “Three-V” Data
Un-Structured Content
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10© 2012 Alteryx, Inc. Confidential.
Harness third-party data sources provide data on:• Consumers
• Age, income, education, etc.
• Locations• i.e. Local business and
residential spending projections
• Competitors• Employees, revenue,
locations, etc.
• Drive times• Traffic patters, typical
weather, road types, etc.
Include Third-Party Data for a Complete Picture
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11© 2012 Alteryx, Inc. Confidential.
• Take the value of Predictive Analytics beyond the “Ivory Tower”
• Empower front-line employees
• Clerks, customer service agents, field service personnel
• Harness the power of the R Analytical language
• Over 20 Prepackaged analytic techniques
• No coding required• Drag-and-drop• Tightly integrated
Move Predictive Analytics to the Front Lines
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12© 2012 Alteryx, Inc. Confidential.
Key Requirements:• Unify customer data
across multiple sources
• Improve direct mail campaign execution and results
• Maximize revenue generation from catalogue business
• Enhance ROI from mailings
Southern States Cooperative Continues Success With Increased Campaign Response and Revenue
“My number one responsibility is to make sure we understand our customers’ needs and wants, I use Alteryx every single day to do just that ”
Greg Bucko, Manager of Customer Insights.
• Customer focused analytics improve response rates by 63%• More targeted mailings improving gross margin for each
campaign• Extending insights to full range of customer channels including
retail
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13© 2012 Alteryx, Inc. Confidential.
• Organizations must adapt:• From backward-looking to
forward-looking• Beyond traditional data
sources• To deliver the value of
Predictive Analytics to the front line
• Alteryx’s unique approach delivers
• Far broader accessibility for Predictive Analytics
• Much lower cost and complexity
• Deeper insight into data (Social Media & Big Data, Third-party Data, Traditional sources)
Conclusion
“My number one responsibility is to make sure we understand our customers’ needs and wants, I use Alteryx every single day to do just that”
Greg Bucko, Manager of Customer Insights.
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14© 2012 Alteryx, Inc. Confidential.
Contact Info
www.alteryx.com
Learn More or Get the 30-Day Trial:
gallery.alteryx.comVisit the Analytics Gallery:
@alteryx
Contact us: 1-888-836-4274www.alteryx.com/contact-alteryx
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15© 2012 Alteryx, Inc. Confidential.
“Overall the best single company sponsored conference I've ever attended.”─Antoinette Bowen, Sr. Marketing Manager, AT&T Mobility
Inspire 2013
Sheraton PhoenixDowntown HotelMarch 5-7, 2013
Learn More!www.alteryx.com/inspire
Follow Us on Twitter! @alteryx
#Inspire13
Seize the Power of Strategic Analytics
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16© 2012 Alteryx, Inc. Confidential.
• Predictive Analytics• Strategic Analytics• Big Data Analytics• Big Data Analysis• Humanizing Big Data• Strategic Analytics• Data Scientist• Data Artisan• Data Analyst• Big Data Gap• Unstructured data• Analytics Platform• Unstructured Data
• Alteryx• Matt Madden• Briefing room• Alteryx Analytics Gallery• Inspire 2013• Alteryx Inspire
Key Terms