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© 2012 Business Connexion
Business Cloudification Process, API’s and Analytics
It is all about Business
Andy Brauer CTO
Business Connexion
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Synopsis
The era of micro applications is on the rise, Realtime Business Decisions and actions are of paramount importance. Time to react to market demand is key to any organisation. Any system that delivers the ability to integrate micro applications rapidly will have a clear advantage. Integrating with existing systems is best done with API gateways which means if a change happens on one side of an organisation only the gateway needs to be adapted rather than having to update thousands or millions of devices.
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How big is Big Data
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Unified Cloud Model
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It is about Service
And of course it is all digital
Private Cloud
Public Cloud
Social Cloud
Hybrid Cloud
Media Cloud
Industrial Cloud
Instrumentation cloud
Personal Cloud
Government Cloud
Space Cloud
Network Cloud
Service Cloud
Aggregator Cloud
Military Cloud
Forensic Cloud
Hacker Cloud
Financial Clouds
Educational Clouds
Sky Clouds
Infra etc
Analytics
Web
HPC
Social Public Hybrid Private
IAAS
PAAS
SAAS
KAAS
BUSAS
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BPM is an EcoSystem
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Business Intelligence has been an Internal Focus
Six Sigma only part of the bigger picture
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Process Convergence
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“The real world is mostly event driven, and event-driven situations are best addressed by event-driven business applications”.
Business Event Processing
Every 20 years a new
dispute innovation
changes the way we do IT
Sense and
Respond to
Actionable situations 1970s
1990s
2010s
Transaction Driven Paradigm Discrete (data oriented) transaction processing)
Process Driven Paradigm Orchestration (process oriented) of human and system tasks
Event Driven Paradigm Holistic (context oriented) event processing
Social Media reflects Events faster than Traditional Business Systems
Unified Business
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Business Process Decision Base
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Flood of Real time information
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Unified Data Managment
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Real Time Focus
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Prevention is better than cure
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Return on Investment
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The Big Picture
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Obstacles and Benefits
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Variables and API’s
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Monte Carlo Simulation
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Business Activity Monitoring
has started to include Business Analytics Prediction
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Nash Equilibrium
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We are aiming for
Prescriptive Analytics
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Predictive Modelling Markup Language
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Key Questions to Drive Business Value from Data
• What business opportunity/problem are we trying to solve? • What questions do we need to answer to solve the
problem? • What data do we need to answer the questions? • What data do we have? • How can data help differentiate us in the market? • What is IP for us? Revenue generating for us? • How do we integrate the right data together? • How do we manage the quality of the data? • What data does this relate to (master data)? • Do we have all the data about this (person, event, thing,
etc.)? • What are the permissible purposes of the data?
(compliance, regulatory environment) • Who is allowed to access the data? Use this data?
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Success measures
• Information is trusted
• Speed to market for new products or services is improved
• Time spent looking for data is reduced
• Time-to-answer ratio is inversed
• Questions are answerable (e.g. What is the value of a customer?)
• Stratification and insight of customer is achieved
• Customer intimacy achieved
• Integration and development time slashed
• How well is the process performed
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Key important strategy for Process and predictive Analytics
• Digitize your processes.
• Identify key data sources.
• Validate your source and ensure master data can be trusted
• Make use of API Gateways to gather diverse sources of key data.
• Ensure you have a place to house the data.
• Ensure that you have a mechanism to distil the data.
• Turn the Data info Information use or develop your algorithms.
• Turn the Information into knowledge use or develop your algorithms.
• Turn Information in Intelligence use or developed your algorithms.
• Use the system with new found wisdom.
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Thank You