how media agencies solve the big data revolution

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© Annalect Datascience 2014 | confidential George Maynard, Group Head of DataScience, Annalect How are media agencies coping with the data revolution?

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George Maynard, Group Head of DataScience at Annalect, shares his thoughts on how media agencies are coping with the big data revolution at an IPA 44 Club event in London. To learn more about The IPA visit www.ipa.co.uk and The 44 Club here www.ipa.co.uk/groups/44-club-2

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Page 1: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

George Maynard,

Group Head of DataScience, Annalect

How are media agencies coping with the data

revolution?

Page 2: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

So why are we here?

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Page 3: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Technology has changed our behaviour

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Page 4: How media agencies solve the big data revolution

Which this year will generate 4 zetabytes

2.6

3.3

4.2 5.2

6.4

7.7

0

1

2

3

4

5

6

7

8

9

2012 2013 2014 2015 2016 2017

Glo

bal D

ata

Cen

tre I

P T

raff

ic

(Zeta

byte

s)

Source: Cisco - http://www.cisco.com/c/en/us/solutions/collateral/service-provider/global-cloud-index-gci/Cloud_Index_White_Paper.html

Page 5: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

For context that is equivalent to everybody on

earth tweeting constantly for over 400 years*

5

2014 - 2414

* Based on EMC definition of 1 ZB

Page 6: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Just enough to fit on the NSA’s data centre in

Utah…

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…they have 5ZB

Page 7: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

So how are we coping with the data revolution?

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Page 8: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Defining it - The 3 V’s

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Velocity

Volume

Variety

Gartner: 2001

Page 9: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

The 4 V’s

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Velocity

Volume

Variety

Veracity Value…

Gartner: 2001

+

IBM: 2012

Page 10: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

More V’s - even the definition has expanded

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Velocity

Volume

Variety

Veracity Value…

Gartner: 2001

+ +

IBM: 2012

Page 11: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

What does this mean for media agencies?

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Page 12: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Our raison d’être

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Source: http://www.marketingtech.org/wp-content/uploads/2013/09/Brand-vs-Consumer.jpg

Page 13: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

How this used to work

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Source: http://blog.gsdm.com/wp-content/uploads/2011/10/social-media-graphic-consumer-perspective-traditional-era1.jpg

Page 14: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Now it’s much more complicated

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Page 15: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential 15

How is this impacting us?

Page 16: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

3 billion data points coming in every single day

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and more…

Page 17: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

All this is increasing faster than we thought

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OMG data growth

Original Estimate

Revised Estimate

(Late 2013)

Current Estimate

Actual Usage

Page 18: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

What do Jack Bauer and big data have in

common?

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Page 19: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential 19

Page 20: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Programmatic buying has led to Real Time

Bidding (RTB) via agency trading desks

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DSP

Trading Desk

Page 21: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

From DSPs to DMPs – Essentially acting as

Cookie junctions

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Page 22: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Even more ways to reach specific micro

audiences

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Page 23: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Old world and new world coming together

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Page 24: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

“The secret of change is to focus all of your energy,

not on fighting the old, but on building the new.”

- Socrates

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Page 25: How media agencies solve the big data revolution

New infrastructure required

Rackspace

Page 26: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

New people required

Me

Who knows

Python?

Page 27: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

New people required

And ‘traditional’ media-types need to get on board

“We are already making the technical leaps

necessary within pockets of our organisations,

but rather than be just a team or specialism,

data-centricity is one way of describing a

broadly-adopted skill and mindset in itself.”

- Dylan Mouratsing (Evidence Director, Manning Gottlieb OMD)

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© Annalect Datascience 2014 | confidential

And we’re having to communicate more

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Page 29: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

“The only constant is change.”

- Heraclitus

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Page 30: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Open Data

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Page 31: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Open vs. Private

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Page 32: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

Robots – Friend or Foe?

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Page 33: How media agencies solve the big data revolution

© Annalect Datascience 2014 | confidential

We still need clever and creative thinkers!

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Page 34: How media agencies solve the big data revolution

Thank you

George Maynard

[email protected]

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