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Lecture1 Introduction To Analytics

The document introduces concepts related to Analytics and Business Intelligence, emphasizing the evolution from data to wisdom in the information age. It discusses various integration methods, data warehousing, and the differences between OLTP and OLAP systems, as well as the significance of data mining and complex event processing. Additionally, it outlines the four types of big data analytics: prescriptive, predictive, diagnostic, and descriptive.

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0% found this document useful (0 votes)
10 views27 pages

Lecture1 Introduction To Analytics

The document introduces concepts related to Analytics and Business Intelligence, emphasizing the evolution from data to wisdom in the information age. It discusses various integration methods, data warehousing, and the differences between OLTP and OLAP systems, as well as the significance of data mining and complex event processing. Additionally, it outlines the four types of big data analytics: prescriptive, predictive, diagnostic, and descriptive.

Uploaded by

Jhone
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Introduction to

Analytics and Business


Intelligence
Roy Ian MSc(UOM), BSc. Eng (Hons.)(UOM), AMIESL, CCNP
Information Era (Age)
Information Era (Age)
Data : You are a javascript developer, the slayer of ETL challenges. You are the data hunter
and gatherer.

Information : You are a report creator, you fix code in emergencies.

Knowledge : You help meet divisional data needs, your team merges data sources. Medium
Value.

Insight : You hold the Analyst title, most of the time you avoid being see as a data provider, you
get invited to director-level business meetings. High Value.

Wisdom : You are an Analyst, but sit in a business team. High value.
Integration
• IPC (Inter process communication)

• Corba,

• DCOM,

• RPC (Remote Procedure Calls)

• Java RMI (Remote Method Invocation)

• .Net Remoting

• SOA - Service Oriented Architecture

• SOAP (Simple Object Access Protocol) Services

• REST Services (based on JSON)


Integration Spaghetti
ESB (Enterprise Service Bus)
Data warehouse
• Separately maintained from the operational
database.

• Conducts data processing and supports business


decisions based on historical data.

• OLTP - Online Transaction Processing (transactions,


inventory, banking)

• OLAP - Online Analytical Processing (Data Analysis


and Decision making)
Settle the
loan
Separately maintained from the operational database.
Conducts data processing and supports business decisions based on historical data.
OLTP - Online Transaction Processing (transactions, inventory, banking)
OLAP - Online Analytical Processing (Data Analysis and Decision making)
Datamining

• Extraction of interesting new information and


patterns from data in large databases.

• Also known as knowledge discovery in databases


(KDD),knowledge extraction, business intelligence.

• Its not query processing.


OLTP vs OLAP

• Market
• Customer
• Historical,
• Current,
Processed
Detailed
• Read (Complex
• Update
queries)
CEP (Complex Event Processing)

• Fraud detection

• User contextual offers

• Alert generation
Data analytics
VVVV
Big Data Analytics
• Prescriptive – Analysis reveals what actions should be taken.
This is the most valuable kind of analysis and usually results in
rules and recommendations for next steps.

• Predictive – Analysis of likely scenarios of what might happen.


The deliverables are usually a predictive forecast.

• Diagnostic – A look at past performance to determine what


happened and why. The result of the analysis is often an analytic
dashboard.

• Descriptive – What is happening now based on incoming data.


To mine the analytics, you typically use a real-time dashboard
and/or email reports

source : http://www.ingrammicroadvisor.com/data-center/four-types-of-big-data-analytics-and-examples-of-their-use
source : http://www.kdnuggets.com/2015/08/patterns-streaming-realtime-analytics.html
NoSQL Databases

22

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