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Tag Archives: business intelligence

Too Much Information

16 Wed Mar 2016

Posted by Martyn Jones in All Data, Ask Martyn, Big Data, Big Data 7s, Big Data Analytics, business strategy, dark data, Data governance, Data Lake, data management, data science, Data Supply Framework, Data Warehouse, Data Warehousing, Good Strat, Good Strategy, goodstrat, Inform, educate and entertain., IT strategy, Marty does, Martyn does, Martyn Jones, Martyn Richard Jones, pig data, Strategy, The Amazing Big Data Challenge, The Big Data Contrarians

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Big Data, Business Enablement, business intelligence, Business Management, Data Warehouse, Good Strat, Information Technology, Martyn Jones, Martyn Richard Jones, Organisational Autism, Strategy


Martyn Richard Jones

I have questions about data.

Most of us who have more than a cursory knowledge of the English language have heard of the phrase ‘too much information’. We know what it means, even if we don’t always know when to apply it.

For those who don’t know, or are unsure, the Urban Dictionary describes ‘too much information’ as “An expression of exasperation and disgust when a person is divulging personal details of his sex life, toilet habits, or anything the listener finds disgusting, uninteresting, and unwelcome.”[1]

Sum, sum. Just because we know it, doesn’t mean we should share it or even try and remember it, never mind go about analysing the hell out of it.

This is where Big Data comes in. Continue reading →

All Data: It’s about statistics

30 Fri Jan 2015

Posted by Martyn Jones in All Data, Consider this, DW 3.0, Good Strat, Good Strategy, Information Supply Frameowrk, Martyn Jones, Martyn Richard Jones, statistics

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All Data, Big Data, business intelligence, Good Strat, Good Strategy, Martyn Jones, Martyn Richard Jones, statistics


LinkedInHeader1

A big computer, a complex algorithm and a long time does not equal science.

Robert Gentleman

To begin at the beginning

Fueled by the new fashions on the block, principally Big Data, the Internet of Things, and to a lesser extent Cloud computing, there’s a debate quietly taking please over what statistics is and is not, and where it fits in the whole new brave world of data architecture and management. For this piece I would like to put aspects of this discussion into context, by asking what ‘Core Statistics’ means in the context of the DW 3.0 Information Supply Framework.

Core Statistics on the DW 3.0 Landscape

The following diagram illustrates the overall DW 3.0 framework:

There are three main concepts in this diagram: Data Sources; Core Data Warehousing; and, Core Statistics.

Data Sources: All current sources, varieties, velocities and volumes of data available.

Core Data Warehousing: All required content, including data, information and outcomes derived from statistical analysis.

Core Statistics: This is the body of statistical competence, and the data used by that competence. A key data component of Core Statistics is the Analytics Data Store, which is designed to support the requirements of statisticians.

The focus of this piece is on Core Statistics. It briefly looks at the aspect of demand driven data provisioning for statistical analysis and what ‘statistics’ means in the context of the DW 3.0 framework.

Demand Driven Data Provisioning

The DW 3.0 Information Supply Framework isn’t primarily about statistics it’s about data supply. However, the provision of adequate, appropriate and timely demand-driven data to statisticians for statistical analysis is very much an integral part of the DW 3.0 philosophy, framework and architecture.

Within DW 3.0 there are a number of key activities and artifacts that support the effective functioning of all associated processes. Here are some examples:

All Data Investigation: An activity centre that carries out research into potential new sources of data and analyses the effectiveness of existing sources of data and its usage. It is also responsible for identifying markets for data owned by the organization.

All Data Brokerage: An activity that focuses on all aspects of matching data demand to data supply, including negotiating supply, service levels and quality agreements with data suppliers and data users. It also deals with contractual and technical arrangements to supply data to corporate subsidiaries and external data customers.

All Data Quality: Much of the requirements for clean and useable data, regardless of data volumes, variety and velocity, have been addressed by methods, tools and techniques developed over the last four decades. Data migration, data conversion, data integration, and data warehousing have all brought about advances in the field of data quality. The All Data Quality function focuses on providing quality in all aspects of information supply, including data quality, data suitability, quality and appropriateness of data structures, and data use.

All Data Catalogue: The creation and maintenance of a catalogue of internal and external sources of data, its provenance, quality, format, etc. It is compiled based on explicit demand and implicit anticipation of demand, and is the result of an active scanning of the ‘data markets’, ‘potential new sources’ of data and existing and emerging data suppliers.

All Data Inventory: This is a subset of the All Data Catalogue. It identifies, describes and quantifies the data in terms of a full range of metadata elements, including provenance, quality, and transformation rules. It encompasses business, management and technical metadata; usage data; and, qualitative and quantitative contribution data.

Of course there are many more activities and artifacts involved in the overall DW 3.0 framework.

Yes, but is it all statistics?

Statistics, it is said, is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of data, including the planning of data collection in terms of the design of surveys and experiments; learning from data, and of measuring, controlling, and communicating uncertainty; and it provides the navigation essential for controlling the course of scientific and societal advances[i]. It is also about applying statistical thinking and methods to a wide variety of scientific, social, and business endeavors in such areas as astronomy, biology, education, economics, engineering, genetics, marketing, medicine, psychology, public health, sports, among many.

Core Statistics supports micro and macro oriented statistical data, and metadata for syntactical projection (representation-orientation); semantic projection (content-orientation); and, pragmatic projection (purpose-orientation).

The Core Statistics approach provides a full range of data artifacts, logistics and controls to meet an ever growing and varied demand for data to support the statistician, including the areas of data mining and predictive analytics. Moreover, and this is going to be tough for some people to accept, the focus of Core Statistics is on professional statistical analysis of all relevant data of all varieties, volumes and velocities, and not, for example, on the fanciful and unsubstantiated data requirements of amateur ‘analysts’ and ‘scientists’ dedicated to finding causation free correlations and interesting shapes in clouds.

That’s all folks

This has been a brief look at the role of DW 3.0 in supplying data to statisticians.

One key aspect of the Core Statistics element of the DW 3.0 framework is that it renders irrelevant the hyperbolic claims that statisticians are not equipped to deal with data variety, volumes and velocity.

Even with the advent of Big Data alchemy is still alchemy, and data analysis is still about statistics.

If you have any questions about this aspect of the framework then please feel free to contact me, or to leave a comment below.

Many thanks for reading.

Catalogue under: #bigdata #technology

[i] Davidian, M. and Louis, T. A., 10.1126/science.1218685


File under: Good Strat, Good Strategy, Martyn Richard Jones, Martyn Jones, Cambriano Energy, Iniciativa Consulting, Iniciativa para Data Warehouse, Tiki Taka Pro

Consider this: Big Data in Context

21 Wed Jan 2015

Posted by Martyn Jones in Big Data, Consider this, Data Warehouse, Data Warehousing

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Big Data, business intelligence, Core Statistics, DW 3.0, enterprise data warehousing, information management, information supply framework, statistics


Big Data, together with Cloud computing and the Internet of Things, are topics that are very much to the fore in contemporary trends in Information Management. Continue reading →

The World’s Best Data Quotes… Including Big Data quotes

17 Sat Jan 2015

Posted by Martyn Jones in Analytics, Architecture, Big Data, Business Intelligence, Consider this, Data Warehousing, statistics

≈ 4 Comments

Tags

Analytics, aspiring tendencies in IM, Big Data, business intelligence, Core Statistics, enterprise data warehousing, Quotes


Martyn Richard Jones

Continue reading →

Big Data 7s: Talking Points #1

09 Fri Jan 2015

Posted by Martyn Jones in Big Data, Big Data 7s, Consider this, Data Warehouse

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Big Data, business intelligence, data analytics, Data Warehouse


Martyn Richard JonesJPR-Williams_181887k

To begin at the beginning

This is the first in a series of collections of talking points on the processing of extensive data sets by non-relational or pseudo-relational means, speculative data analytics with these large data sets which is typically non-operational data and social media data obtained from internet sources, and how usable outcomes, if any, are derived, can be integrated into strategic, tactical and operational decision support. Continue reading →

Consider this: Business Process Intelligence

30 Sun Nov 2014

Posted by Martyn Jones in accountability, Consider this

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business intelligence, business process, business process intelligence


Business process intelligence

As for the future, your task is not to foresee it, but to enable it.

Antoine de Saint-Exupery

The allure of future happiness

Companies the world over have been busily moving away from the more traditional function-based business structures, with their attendant silos of competence, overlapping roles and artificially limited responsibilities, to highly focused business-driven process models.

Well-bounded business process reengineering has often been a critical success factor in contemporary business strategies. So, new ways of looking at processes are introduced in order to bring about far greater levels of simplicity, marked improvements in service and product quality, new-found process robustness, greater customer intensity and intimacy. Continue reading →

Responsible Use of Corporate Data – Almost 2026

03 Mon Nov 2014

Posted by Martyn Jones in Ask Martyn, Best principles, Data governance

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Big Data, Business, business intelligence, data governance, data management, Data protection, Data Warehouse, privacy, Strategy


IMGThere was a time, Martyn Richard Jones

When absolute discretion was an essential maxim in the relationship between a liberal professional (doctor, banker, solicitor, architect, etc.) and their clients, but times have changed. They are continuing to transform at an ever-increasing pace.
Continue reading →

Why Management Fails in Information Strategy

14 Tue Oct 2014

Posted by Martyn Jones in Architecture, Assets, business, Business Intelligence, Data Warehousing, Management, Value

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Tags

Big Data, Business, business intelligence, Data Marts, enterprise data warehousing, hadoop, information management, knowledge, knowledge management, Risk Management


In the dim and distant past most organisations struggled along with what they euphemistically referred to as Information Systems.

They were Information Systems with no overall design, no elements of management and no architecture.

Information Systems were built to show how the company had been performing in the immediate past, and that was it. Continue reading →

Silly Season! Data Warehousing is Hadoop is Big Data? – Unplugged for 2026

12 Sun Oct 2014

Posted by Martyn Jones in Architecture, Ask Martyn, Banking, Best principles, Big Data, Business Intelligence, Creativity, Data Warehouse, Dogma, Knowledge, Peeves

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Banking, Behavioural Economics, Big Data, Bill Inmon, business intelligence, data integration, Data Marts, Demagogism, Dogma, enterprise data warehousing, hadoop, Information and Technology, information management


Martyn Richard Jones

2026 Remaster

Let’s get this baby off the ground

This weekend I read a piece on the Information Management website by Steve Miller with the title of Big Data vs. the Data Warehouse. It’s an old piece, from March 2014.

It was in response to a piece by Bill Inmon titled “Big Data or Data Warehouse?” Turbocharge Your Porsche – Buy an Elephant, in which he singled out for criticism the ad campaign of a big-data and Hadoop promoter.

Continue reading →

The Awkward Squad – Big data informs

11 Sat Oct 2014

Posted by Martyn Jones in Big Data, BS, Data Warehouse, disinformation, information, Knowledge, wisdom

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Tags

Analytics, Big Data, business intelligence, cloud, Data Warehouse, virtualisation


Martyn Richard Jones

Remaster for 2026

I am a sceptic. Part of the awkward squad of troublemakers.

People who ask questions and who won’t stop asking.

People who won’t take bullshit for an answer.

People who are not preprogrammed to unquestioningly follow specific paths.

But to question everything.

Such as, “What the feck’s that all about then?” Continue reading →

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