Insights from Big Data solutions are expected

Business intelligence is evolving quickly with the advances in social media, mobility and predictive models used in data analysis. This change in all dimensions can sometimes be hard to keep up with and seem too complex, which is why the Business Intelligence Conference hosted by SiliconIndia in Hyderabad on July 7, 2012 had a number of interesting discussions which covered topics that are currently relevant to BI professionals. An individual in the BI domain should focus on developing a deeper understanding of the business problem that is being solved through his efforts and work towards being a data scientist said Jayant Prabhu, General Manager & Global Practice Head - Information Management, Wipro while delivering the keynote on ‘Riding the BI/IM Evolution Wave for Success.’ Prabhu also said that the next gen BI/DW architect would need a deep understanding of associated skills like mobility and Java/Python. The session “Business Intelligence Implementation Challenges” by Ajay Patwari, Senior Technical Consultant - BI, PTC underlined that Customer Engagement, Requirement Gathering, Development Phase and Quality Testing could make or break a BI project. Suresh Karanam, AVP - Global Head for BI Consulting, Mahindra Satyam who spoke on Tackling Big Data Challenge said “Big Data can revolutionalize the way information insights are delivered to end users Enterprises, Government, and Regulatory Agencies.

 

Insights from Big Data solutions are expected to help enterprises better their customers’ experience, to governments in order to frame policies that are beneficial to citizens and to corporate & regulatory agencies to keep check on all the stakeholders to serve the community better. Big Data Analytics needs to help improve the lives of global citizens in the coming years.”  Karanam also touched upon how recent happenings in the banking & healthcare fraud could  have been avoided with Big Data Analytics solutions which was well received by the delegates. The fact that the playing field is changing in BI/DW space because of Social Data and the major stakeholders ( Clients, IT Companies and IT professionals) should be ready to handle this growth  was conveyed in “Social Business Intelligence - A Paradigm Shift “ by Sandeep Kumar Sharma, Senior manager at Deloitte. The growing demand of Predictive analysis was addressed by Vimit Kapoor, Head of Decision Models, ANZ. In his session “Predictive Modeling: Current Advancements and Future Trends”, Kapoor shed light on the role technology, data warehouses and systems have in the seamless integration of the mathematics with the real benefits of actual decisions and the growth path this area is expected to see in India. The audience was made aware of the various uses predictive analytics has in various industries. The delegates had the opportunity to network, interact with their peers and discuss about the happenings in the BI world. This successful event which was attended by more than 200 delegates was supported by Pluralsight, DEFTeam, BI Tech Systems, HCG and Lodestone.

 

Source: Silicon India