the analytic trifecta: abstraction, the cloud, and visualization
DESCRIPTION
Twenty-first century pharma and biotech organizations are rapidly transforming into data-driven companies. This transformation is critical, future success and discoveries hinge on the ability to quickly and intuitively leverage, analyze, and take action on its data. In this webinar Lindy Ryan, Research Director at Radiant Advisors, will share her research on how companies successfully manage this transformation by embracing a data unification strategy that’s built on cloud technologies. Join us and learn how life sciences companies use cloud technology to: Create a flexible infrastructure with the ability to agilely and quickly unify multiple data sources TProvide a framework that enables business user agile data access while addressing governance and compliance challenges Balance the need for data democratization while maintaining proper IT oversight and stewardshipTRANSCRIPT
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Enterprise-caliber Cloud BI
THE ANALYTIC TRIFECTA:
July 16, 2014
ABSTRACTION, THE CLOUD, AND VISUALIZATION
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WEBINAR NOTES
Please send questionsusing the online interface
Attendees muted upon entry
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Lindy RyanResearch Director, Data Discovery & Visualization Radiant Advisors
Lisa De Nero
Director, Life Sciences Solutions Birst
FEATURED SPEAKERS
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AGENDA
1. Analytic Trifecta Key Considerations
2. Resolution to the Analytic Trifecta
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
ANALYTIC TRIFECTAKEY CONSIDERATIONS
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Birst Webinar --- Life Sciences
July 16, 2014 | 10am PT
Lindy Ryan | Research Director, Data Discovery & Visualization
@lindy_ryan [email protected]
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
TODAY’S LIFE SCIENCES COMPANIESAnalytic Trifecta
Life sciences
companies are
becoming even more
data-driven, and are
challenged by a lack of
integration agility, slow
time to insight, a bevy
of compliance and
regulatory challenges,
and nonstop change
and growth.
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
LIFE SCI INFORMATION CHALLENGESAnalytic Trifecta
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Integration
Challenge
Management
Challenge
Discovery
Challenge
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
THE INTEGRATION CHALLENGEInformation Challenges in Life Sciences
• Reliable and speedy
access
• Standards-based data
• Options to publish data
• Ability to transform data
• Reusability of data views
• Agility to respond to
change
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
THE MANAGEMENT CHALLENGEInformation Challenges in Life Sciences
• Sharing consistent data
• Managed access rights
• Enterprise governance
program
• Implementation-capable
technology
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
THE DISCOVERY CHALLENGEInformation Challenges in Life Sciences
• Balance discovery vs. IT
• Self-sufficient discovery
• Control proliferation
• Scalable solution
• Analytics and
visualization
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
SOLUTIONS TO CHALLENGESAnalytic Trifecta
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Choosing
Abstraction
Centralizing
Context
Visual
Self-Service
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
CHOOSING ABSTRACTIONKey Considerations for Analytic Solutions
• Support decision-making
• Reduce silos
• Embed context to data
• Overcome incompatibilities
• Provide flexibility
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
CENTRALIZING CONTEXT IN THE CLOUD
Key Considerations for Analytic Solutions
• Scalable and affordable
• Centralize context
• Foster collaboration
• Agile
• Abstraction closer to data
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
SELF-SERVICE VISUALIZATIONKey Considerations for Analytic Solutions
• Visually and iteratively
discover
• Meaningful collaboration
• Highly-interactive
• Less IT-dependence
• Requires semantic layer
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
DEMOCRATIZE THROUGH INTEGRATIONSelected Use Case
GlaxoSmithKline
used text analytics to mine
parenting websites
to analyze sentiment and
reconsider how
it communicates
information to consumers.
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
THE CLOUD AS A RESEARCH ENABLERSelected Use Case
Eli Lilly
launched a 64-machine
cluster
in the cloud to circumvent
“spiky utilization”
and achieve significant
time and cost
savings.
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
VISUALIZING FOR RESEARCHSelected Use Case
Project:EVO
is a collaboration between
Pfizer and Akili Interactive
Labs to to measure
cognitive differences to
identify
early warning signs of
Alzheimer's disease.
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
SUMMARYAnalytic Trifecta
• Choose abstraction
• Embed context through semantic layer
• Leverage cloud technologies
• Enable business users
radiantadvisors.com/key-considerations-for-
analytic-solutions-for-life-sciences/
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© Copyright 2014 Radiant Advisors. All Rights Reserved v1.10.000
THANK YOU!
For more informationwww.RadiantAdvisors.com
Twitter: @RadiantAdvisors #ModernBI #RediscoveringBI
RSS: feed://radiantadvisors.com/feed/
Email: [email protected]
LinkedIn: www.linkedin.com/company/radiant-advisors
RediscoveringBI: www.radiantadvisors.com/rediscoveringbi
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Enterprise-caliber Cloud BI
INTRODUCING BIRST TO RESOLVE THE ANALYTIC TRIFECTA
July 16, 2014
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• Data Governed by a unified semantic layer• Unification of Data – Multiple data sources• True Ad-Hoc with logical boundaries
HOW THE BIRST TECHNOLOGY PLATFORM CAN FULFILL LIFE SCIENCES’ 21ST CENTURY BI NEEDS
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WHO IS BIRST
• Enterprise-Caliber BI Platform – born in the cloud
• 10,000+ organizations rely on Birst across all verticals
• Founded by Siebel Analytics veterans, OBIEE
• 80+ Strategic Partners
“ No. 1 in product functionality and customer (that is, product quality,
no problems with software, support) and sales experience.”
2014 Business Intelligence and Analytics Magic Quadrant
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BUSINESS INTELLIGENCE IS HARD BECAUSE BUSINESS IS COMPLEX
• The part you see—dashboards, charts, etc.— is eye candy. The easy part.
• It’s the collection, combination, integration, de/coding, transcribing and cleansing of organizational data into a usable format that is hard.
• Doing so on a repeated basis, over time is harder.
• Business rules rarely allow you to just “add-up” data.
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Data Governance
Inconsistent siloed results, lacking security and validation
THE DICHOTOMY…
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BIRST AUTOMATES THE DATA WAREHOUSE COMPLEXITY - MADE AGILE AND SIMPLE
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Get Data(Connect to Source
Applications)
Automated Data WarehouseAutomated Data Model
Intelligent caching /routingLogical Layer
Arrange Data(De-normalize Data)
Make data analytic-ready(Create Dimensional
Model)
Give data business meaning
(Create Business Model)
Answer business
questions(Visualize Analytics)
AUTOMATED MODELING AND DWHSPEEDS DEPLOYMENT AND DEVELOPMENT CYCLES
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AUTOMATED MODELING AND DWHSPEEDS DEPLOYMENT AND DEVELOPMENT CYCLES
Get dataConnect to
Source Applications
Arrange dataDe-
normalize Data
Answer business questions
Visualize analytics
Make data analytic-
readyCreate
dimensional model
Give data business meaning
Create business model
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AUTOMATED MODELING AND DWHSPEEDS DEPLOYMENT AND DEVELOPMENT CYCLES
Automated Data Warehousing AND Automated Data Modeling
Intelligent caching /routingLogical Layer
Get dataConnect to
Source Applications
Arrange dataDe-
normalize Data
Answer business questions
Visualize analytics
Make data analytic-
readyCreate
dimensional model
Give data business meaning
Create business model
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ANALYTICS NEEDS VARY
Financial Advisor
Product Manager
VP ofSupply Chain
Why do we spend so much time arguing over who has the “right” number?
Distribute a report looking exactly this way
every morning to thousands of clients
I want to track performance in a
specially designed dashboard
Sales Ops Manager
Can I ask some ad-hoc “business” questions –
without touching the dirty data?
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TOOLS FOR EVERY USE CASE
Pixel PerfectEnterprise Reporting
Distributed InteractiveDashboards
Visual Data Discoveryand Exploration
PredictiveRecommendations
Rich Analytic Design Mobile Analytics
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Automated Data
Management
Automated Historical &
Analytic Data Store
LogicalLayer
Smart AnalyticEngine
Enterprise Reporting
ENTERPRISE CALIBER CLOUD BIONE LOGICAL MODEL IN ONE LOGIN
Interactive Dashboards
Visual Discovery
Design Studio
Mobile Analytics
Predictive Analytics
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Business
• Top 15 Global Life Sciences Company
Challenges• Include digital marketing for better
engagement with HCPs and Patients• Global BI at business speed for sales &
marketing • Flexibility in sales rep count across product
launches• Disparate data sources lack “conformed
dimensions”• Lack of One Version of the Truth – current
solution has multiple instances and inconsistencies
OPTIMIZED LIFE SCIENCES SALES
WebSources
Results• Agility to include multiple, new data sources• Better, targeted messaging to HCPs• Self-sufficient “specialist”, managers,
executives• Cloud solution < 6 weeks to deploy• Increased New Patient Starts 10%Why Birst ?• Flexibility, agility• No hardware investment• Business user friendly – NO training• Pre-packaged offering lacked flexibility, too
heavy• Full stack in one code base – 1 skill set; 1
solution• One global solution – unified version of the
truth
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BIRST LIFE SCIENCES ANALYTICSSales and Marketing Analysis
• New Rx and Total Rx• Call reach and frequency• Percent to goal• Top prescribers and top decliners• Pending patients• Market share• % sales target achieved vs. % budget spent
Patient Analysis • Patient profile and demographics• Target individuals and demographics
Digital Marketing Analysis • How Can I reach my target?• Once the audience is identified, analyze insights to broaden scope of campaigns• What is the optimal mix while maintaining regulatory compliance?
Product Analysis • Treatment outcome• Patient historical trend
Supply Chain Analysis • Shelf time• Inventory in retail and pharmacy
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DEMO
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LEARN MORE• Download 2014 WOC Report
– Birst.com/wisdom2014
• Join us for a Live Demo
– Every Tues and Thurs @ 11:00 am PT/2:00 pm ET
– birst.com/livedemo
• Contact us
– (866) 940-1496 (or +1 415-766-4800)
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THANKS