Analytics is becoming a necessity for most businesses. In this slide, we explore what makes Analytics so hot today. We also provide the right approach to become an expert in analytics and build a rewarding career in "sexiest" job of the century.
The Prescriptive Analytics & Big Data Professional (PABDP) 2-day course is the best conceptual course to best of our knowledge for a practical entry in field of analytics - for novices and experts alike. If you are in India, this course from IIT Kanpur is a must if you are serious about a career in analytics or bringing competitive edge to your organization. You can learn about it from http://ssol.iitk.ac.in/analytics/
Predicting HDB Resale Prices - Conducting Linear Regression Analysis With Orange
Why Big Analytics? Prescriptive Analytics & Big Data
1. BIG
BIG
CAREER
ANALYTICS
GLOBAL CAREER
Harvard terms Analytics as ‘Sexiest’
job of the century
!
START
SMART
Learn from experts without
wasting time
K
FAT
SALARIES
Learn how to write
yourself salary checks
of your dream
ZSTART FAST
There is a lot to learn. Quicker
you get yourself ready, more
rewarding will be your future
x
GET
POWERFUL
SKILLS
Skills that will continue to be in
increasing demand in all
industries in future
BE A
MAGICIAN
Learn how to perform magic
with information.
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8 for those who
want to grow
BIG
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PRESENTATION SUMMARYPRESENTATION SUMMARY
BEGIN
WHY
ITS SO
HOT
PRACTI-
CAL
RELEV-
ANT
DREAM
REWARDS
TIME IS
CRITICAL
NEW
BEGINNING
FUTURE
PROOF
CHOOSE
SUCCESS
GLOBAL
CAREER
!
I
START
SMART
KII
FAT
SALARIES
ZIV
START
FAST
x
III
GET
POWERFU
L SKILLS
V
BE
A MAGICIAN
bVI
NO
COFFEE
BREAK
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Data-driven decision making
Iterative and methodical exploration of huge amount of data for analyses like:
- Detecting new patterns and relationships
- Forecasting future results
- Explaining why something happened
- Experimenting with different approaches
Faster processors, tremendous data availability mean more evolved statistical analysis
All major firms very serious about analytics to protect markets and remain competitive
BIG ANALYTICSBIG ANALYTICS
What is it
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CONSULTING
E&Y, KPMG, IBM, McKinsey, BCG,
Deloitte, CRISIL, ICRA
FINANCE
Amex, GE, JP Morgan, Capital One,
Barclays
IT
Google, Wipro, Oracle, Microsoft, IBM,
MARKETING
Facebook, Dell, Amazon, Wall Mart
GLOBAL CAREERGLOBAL CAREER
Companies that are searching for you
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H
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%
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COMPETITIVE ADVANTAGE
To be able to survive the stiff competition by drawing insights from data
has become critical for success of any company
TREMENDOUS INVESTMENTS
Globally companies are making tremendous investments in Analytics. It
means more jobs, more highly paid jobs, more variety of jobs.
GLOBAL CAREERGLOBAL CAREER
Everyone needs it
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TIMELINETIMELINE
Technology development
Seventies
Database
Nineties
CRM
Eighties
ERP
NOW
Big Data
Analytics
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WHY IT IS SO HOTWHY IT IS SO HOT
an opportunity
TECHNOLOGY
Processor speeds have
gone high, disk space
has become very cheap,
network speed is
blazing fast. Doing
complex calculations is
possible for first time
in history.
MOBILE TECH
Mobile computing
makes enormous
amount of
information
available.
SOCIAL MEDIA
Facebook, Twitter
etc ensure we have
more ways to
analyze so much
more data
DATA
In 2007, 300 EB of
data was available.
In 2014, it must be
many more times.
(One EB = 1 bn GB)
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BIG DATA
Extraordinary Volume, Velocity, Variety of data.
BIG ANALYTICS
More complex analysis possible. All fields are impacted
– Health, Marketing, Engineering, Business, Sales,
Finance, Defense, Technology, Internet, Sociology,
Media and even Politics
WHY IT IS SO HOTWHY IT IS SO HOT
new possibilities
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START SMARTSTART SMART
Practical, Relevant
So much to learn without wasting time. Most critical success factor is to choose right mentors.
You cannot afford to compromise on quality.
Demands mastery over
a vast variety of
subjects. You need to
know just the right
amount and topics.
&
Practical Experience is
critical. Text books are
less important.
Hands-on experience
is critical.
"
Analysis must lead to
decisions. You must be
mentored by decision-
making experts.
'
Check qualifications of
course designers. Have
they worked in industry?
Are they from top
colleges? Are they
globally acclaimed?
(
VAST VARIETY EXPERIENCE COUNTS SOLUTION ORIENTED QUALIFICATIONS
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CHOOSING MENTORSCHOOSING MENTORS
our checklist
AWARD
WINNERS
(global acclaim)
CUTTING
EDGE
`
INDUSTRY
EXPERIENCE
V
EDUCATION
Top notch
IIM, IIT
HANDS ON
PRACTI-
CAL
)
RESEARH
international
RELEVANT
Y
13. START
FAST
There is a lot to learn. Quicker you
get yourself ready, more rewarding
will be your future
x III
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START FASTSTART FAST
NO TIME
TO LOSE
TWO
Early mover
advantage
THREE
2014 isideal year to
start Analytics
journey.
ONE
Lot to learn quickly
FOUR
Experience matters.
FIVE
Need to keep
updated. More you
delay, more you are
out of date
SIX
Practice makesa man
perfect
Ü
"
*
+
#
,
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MEET THE MARKETMEET THE MARKET
Write pay checks of your dream
FORBES ANALYSIS
Biggest talent and hiring gap in
digital marketing is in Analytics
COMPANIES HAVE
DESPERATE
ANALYTICS
REQUIREMENTS
4.4million
.Ü
37%
GARTNER ESTIMATES
Jobs available in 2 years
17. Well ‘we will be over in 10 min
NO COFFEE
BREAK
Let’s earn some money
and fame
and success [
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POWERFUL SOLUTIONSPOWERFUL SOLUTIONS
Learn from masters – quickly and thoroughly
statistics Statistical
Programming
Data
Mining
programming
Data
Mining
Descriptive
analytics
Predictive
analytics
Prescriptive
analytics
Machine
Learning
Simulate
Industry
problems
Visualize
Scenario
Analysis
20. BE A
MAGICIAN
Learn how to perform magic with
information.
Work magic in the world.
And bring magic in your career
b
VI
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ASHLEY FRIEDLEIN
ECONSULTANCY
RADEN
Constellation
FUTURE OFANALYTICSFUTURE OFANALYTICS
If you master analytics today, you would be magician tomorrow
2014 will just be about the improved use of data to drive insight,
action and value in a huge number of ways. The last few years have
been about putting the systems, technology and people in place.
There will still be an ongoing war for data talent but the use of data
across organizations will finally become more ‘business as usual’ in
2014.
Using quantitative methods is rapidly becoming not an option for
competitive advantage, but rather – at the very least – barely enough
to keep up. Everyone needs to understand what’s involved in
analytics, what your particular organization needs, and how to do it.
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NOAH ELKIN
eMARKETER
GARTNER
FUTURE OFANALYTICSFUTURE OFANALYTICS
If you master analytics today, you would be magician tomorrow
Smarter use of data will help marketers respond faster – and better –
to business challenges. Don’t just focus on Big Data; think about
shifting emphasis to ‘smart data’.
Information is the oil of the 21st century, and analytics is the
combustion engine.
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THE ECONOMIST
McKINSEY
FUTURE OFANALYTICSFUTURE OFANALYTICS
If you master analytics today, you would be magician tomorrow
Data are becoming the new raw material of business.
If you’re comfortable with the feel of the business but you never use
analytics, you’re just leaving a lot of money on the table that your
competitors are going to be able to exploit.
24. Go ahead. Ask away.
Give us your best shot.
QUESTIONS
AND
ANSWERS
Where we hope you’ll find the
answer to any question you may
have
-
.
25. See you at top!
CONGRATS
FOR CHOOSING
SUCCESS
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