Predictive Analytics: Turn Information into Insights



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Predictive Analytics: Turn Information into Insights Pallav Nuwal Business Manager; Predictive Analytics, India-South Asia pallav.nuwal@in.ibm.com +91.9820330224

Agenda IBM Predictive Analytics portfolio Predictive Analytics for Industry Verticals Key Features Confidential to IBM

IBM CEO Study 2012 Source: IBM Global CEO Study 2012 2012 IBM Corporation

Enabling the Predictive Analytics Process Detect & Capture Analyze & Predict Engage & Act Transactions Demographics Interactions Opinions Predictive Modeling Data Mining Text Analytics Social Network Analysis Statistical Analysis Prediction Rules Optimization Process CCI Statistics Modeler Decision Management Data Collection Collaboration and Deployment Services 4

Predictive Analytics for your Business 5 2011 IBM Corporation

Advanced Analytics for Large Enterprises Achieve Sales Excellence Attract, Grow and Retain Top Performers Ticket Data Analytics - Project Analytics Monitor, Detect and Control Fraud 6 Confidential to IBM

Advanced Analytics for your business Telecom Customer Churn Analytics Cross Sell/ Upsell Campaign Analytics Network Optimization Manufacturing Predictive Maintenance Sales Forecasting Retail Market Basket Analytics Assortment planning / Merchandising Automotive Warranty Analytics Dealer Analytics 7 Confidential to IBM

Advanced Analytics for BFSI Customer Analytics: Profile Your Customers Credit Scoring & Internal Rating Use RFM Scoring Cross-Sell Up-sell Retain Profitable Customers Fraud & Risk Analytics: Credit Risk Scoring Anomaly Detection Operations Analytics: ATM Cash Management Agent Analytics Analyze and Predict 8 Confidential to IBM

IBM Predictive Analytics Use Cases for Governments 1: Tax Fraud Prediction and Prevention 2: Crime Prediction and Prevention 3: Department of Economics and Statistics 9 Confidential to IBM

Data Collection for Market Research 10 2012 2011 IBM Corporation

IBM SPSS Data Collection for Market Research Market Analysis 2011 Analyst Reports When we benchmark the marketinsights-focused EFM vendors against Forrester s EFM definition, IBM SPSS excels with every aspect of the definition. Forrester Research IBM s vision of a smarter planet is where the future of EFM is heading, and IBM SPSS has provided the benchmark for what it looks like. Forrester Research 11 2012 IBM Corporation

IBM SPSS Data Collection for Market Research SPSS Data Collection A complete, integrated survey platform 12 2012 IBM Corporation

Social Media Analytics 13 2011 IBM Corporation

IBM Social Media Analytics & Predictive Analytics Competitive Analysis Business Drivers Corporate Reputation Customer Care Campaign Effectiveness Product Insight Source Areas Solution Capabilities FACEBOOK TWITTER &/OR OTHER SOCIAL MEDIA BLOGS DISCUSSION FORUMS NEWSGROUPS COMPREHENSIVE ANALYSIS Keyword Search Dimensional Navigation Drill Through to Content AFFINITY ANALYTICS Relationship Tables Relationship Matrix Relationship Graph SENTIMENT Dimensional Analysis Filtering EVOLVING TOPICS Relevant Topics Associated Themes Ranking and Volume PREDICTIVE ANALYSIS Predict impact of sentiment on business KPI s & KPP s Predict sentiment on future social media activities and channels 14 IBM Confidential

IBM SPSS Statistics 21 15 2011 IBM Corporation

Predict: IBM SPSS Statistics Advanced statistics and data management for analysts researching business problems Collection, analysis, interpretation, explanation and presentation of data Provides insight into a sample of data and tools for prediction and forecasting based on the data 16 Drives confidence in in your your results and and decisions

Monte-Carlo Simulation Included in IBM SPSS Statistics Base Simulate data according to userspecified parameters Uses simulated data as input to predict an outcome Tweak parameters used to simulate the data, and compare outcomes Example, simulate the number of sales agents and see how it affects in achieving a specific target. Ability to perform what if scenarios

IBM SPSS Statistics 21 provides a unique analytics approach to Monte Carlo Simulation Automatically calculate user-specified parameters Support the use of Predictive Models to calculate outcomes Lets you start from an existing model Used across many sectors: Finance: Understand uncertainty associated with investment planning. Manufacturing: Determine how the cost of materials affects profit. Advertising/marketing/profession al services: Simulate various advertising budget amounts to see the effect on total sales. Energy and utilities: See how

IBM SPSS Modeler Overview 19 2011 IBM Corporation

IBM SPSS Modeler Easy-to-use, interactive interface without the need for programming Automated modeling and data preparation capabilities Access ALL data structured and unstructured from disparate sources Natural Language Processing (NLP) to extract concepts and sentiments in text Entity Analytics ensures the quality of the data and results in more accurate models Leverage existing investment in Cognos, Netezza, InfoSphere and System Z

Entity Analytics 21 2012 2011 IBM Corporation

Entity Analytics automatically detects when multiple entities are the same despite having been described differently. Is this one person or two? 22 2012 IBM Corporation

Entity Analytics uses Context Accumulation to Find Deeper Insights Context: Better understanding something by taking into account the things around it Product is Awful #TheCo 1 minutes ago Product is Awful #TheCo 1 minutes ago Influential @Twitter Call Center Complaint Terminated Employee Not Actionable Substantially more Actionable Context Accumulation: The incremental process of integrating new observations with previous observations 23 2012 IBM Corporation

IBM SPSS Entity Analytics Delivers General Purpose Context Accumulation Data Finds Data Relevance Finds User Entity Analytics Information In Context Observation Space Consumption 24 2012 IBM Corporation

Entity Analytics Application for Credit Entity 102 Entity 343 Entity 642 Resolved Entity Name Beth L. Johns -Parker BL Johns Addr1 123 Main Street 777 Park Road City New York State NY Phone 2127331234 DOB 6/21/1954 Income $8,000 Credit Debt $5,359 Other Debt $2,009 Debt to Income 92.1 Prev Default? True Pending Loan False Full Liz Johns Addr1 33 Red Dr City Mamaroneck State NY Postal 10354 Phone 212-733-1234 914-698-2234 Income $9,000 Credit Debt $6,000 Other Debt $3,000 Debt to Income 100 Prev Default? True Pending Loan False Full Elizabeth Lisa Johns Addr1 33 Reed Dr City White Plains State NY Postal 10354 Phone 914-698-2234 Income $31,000 DOB 6/21/1954 Credit Debt $1,362 Other Debt $4,001 Debt to Income 17.3 Prev Default? False Pending Loan True Name Elizabeth Lisa Johns Liz Johns Beth L Johns-Parker BL Johns Addr1 123 Main Street 777 Park Road 33 Red Dr 33 Reed Dr City New York, White Plains, Mamaroneck State NY Postal 11732, 10354 Phone 212-733-1234 914-698-2234 DOB 6/21/1954 Defaults Yes Income $48,000 Credit Debt $12,722 Other Debt $9,009 Debt to Income 113.5 Prev Default? True Pending Loan True 25 2012 IBM Corporation

Text Analytics 26 2012 2011 IBM Corporation

Text Analytics Extracts Concepts and Patterns from Text Text Analytics Identifies the Context/Sentiment of the Text 27 2012 IBM Corporation

Social Network Analysis 28 2012 2011 IBM Corporation

Social Network Analysis Applications Churn Prediction Group characteristics can influence churn rates Focus on individuals in groups with an increased risk of churn Identify individuals that are at risk of churning due to the flow of info from those that already churned. Leveraging Group Leaders Group leaders are highly influential over other group members Prevent a group leader from churning to decrease the churn rate for other group members Acquire a group leader from a competitor to increase the churn rate that group. Marketing Use Group leaders to initiate new goods or service offerings. 29 2012 IBM Corporation

Modeler Server 30 2012 2011 IBM Corporation

In-Database Support with SPSS Modeler Server All the features of IBM SPSS Modeler Large volumes of data High performance Administration and security options In-Database via SQL pushback In Database Algorithms Scoring Adapters SQL scoring 31 2012 IBM Corporation

Collaboration & Deployment Services 32 2012 2011 IBM Corporation

Collaboration and Deployment Services Manage and deliver more effective analytical results Collaboration Automation Deployment Share: Need to centralize and share analytical assets Protect: Automatically tracking and auditing changes Publish: Easy for business users to access results formerly reserved for analysts Construct: Complex jobs, different scenarios, multiple tools Operationalize: Monitor results Govern: Managed changes; Audit ready Deliver scores: Optimized for real time Integrate: Programmatic interfaces into operational systems Enterprise ready: Ensures scalability, reliability, security 33

Analytical Decision Management 34 2011 IBM Corporation

IBM Analytical Decision Management Better outcomes in real-time, Every time. Empowers business users Real-time adaptive decisions to accommodate changing conditions Provides recommended actions Predictive analytics + Business rules + Scoring + Optimization techniques 35

Integration with Other IBM Products 36 2012 2011 IBM Corporation

Adding Value to Cognos BI with Predictive Analytics 1) Leveraging BI, identify problem or situation needing attention Common Business Model 2) Use SPSS predictive analytics & feed results back into the BI layer Cognos BI 3) Results widely distributed via BI for consumption by Business Users 37 2012 IBM Corporation

IBM SPSS in India Banking Customer Analytics Risk Analytics Manufacturing Sales Forecast Analysis Inventory Management Insurance Cross Sell/ Up Sell Persistency Analysis IT/ ITES Employee retention Customer Insights Government Crime Prediction & Prevention Tax Fraud Analytics Economics and Statistics Departments Education Student retention Curriculum optimization Alumni management Confidential to IBM

Why IBM Predictive Analytics 39 2012 2011 IBM Corporation

Why IBM Predictive Analytics? 1: Complete Analytics Platform 2: Ease of use 3: Focus on Business Users 4: Lower Total Cost Ownership 5: IBMs focus on Analytics 6: Our proven success in India 40 Confidential to IBM

Thank You Pallav Nuwal Business Manager; Predictive Analytics, India-South Asia pallav.nuwal@in.ibm.com +91.9820330224 2012 IBM Corporation

Predictive Analytics: 2012 Forrester Wave Products Licensing Market Reach The IBM advantage 42 Confidential to IBM

SPSS Data Collection Key benefits Create a survey which will reach all constituents, regardless of language or location Control the entire survey process from design and interviewing through to analysis and reporting Apply real-time logic and data validation to ensure clean, high quality data Leverage advanced analytical capabilities through integration with SPSS Statistics and SPSS Modeler 43 2012 IBM Corporation

SPSS Predictive Analytics Software 4 Key Categories Data Collection Delivers accurate view of customer attitudes & opinions IBM SPSS Data Collection Statistics Drives confidence in your results & decisions IBM SPSS Statistics Modeling Brings repeatability to ongoing decision making IBM SPSS Modeler IBM SPSS Text Analytics Deployment Maximizes the impact of analytics in your operation IBM SPSS Decision Management IBM SPSS Collaboration & Deployment Services 44 2012 IBM Corporation

Predictive Threat Management Signals Analysis Social Media Surveillance Battle Space Awareness Surveillance Detection Border Security/ Protection Crime Prediction and Prevention Intelligence Analysis & Insider Threat Detection Crime Prediction and Prevention Data Breach Investigations & Prediction 45 Confidential to IBM

Tax Fraud Detection and Prevention Learn to get better Leverage available information Analyze and Predict Fraud Segment & Profile dealers 46 Confidential to IBM