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	<title>Business Analytics &#187; Real-time</title>
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	<link>http://timoelliott.com/blog</link>
	<description>Timo Elliott&#039;s Business Analytics Blog</description>
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		<title>Innovation by SAP Nordic Forums</title>
		<link>http://timoelliott.com/blog/2012/03/innovation-by-sap-nordic-forums.html</link>
		<comments>http://timoelliott.com/blog/2012/03/innovation-by-sap-nordic-forums.html#comments</comments>
		<pubDate>Thu, 22 Mar 2012 14:54:44 +0000</pubDate>
		<dc:creator>Timo Elliott</dc:creator>
				<category><![CDATA[All]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[#bigdata]]></category>
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		<category><![CDATA[Business Analytics]]></category>
		<category><![CDATA[Business Intelligence]]></category>
		<category><![CDATA[BusinessObjects]]></category>
		<category><![CDATA[HANA]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Predictive]]></category>
		<category><![CDATA[Real-time]]></category>
		<category><![CDATA[SAP]]></category>
		<category><![CDATA[sapinnovation]]></category>
		<category><![CDATA[Timo Elliott]]></category>

		<guid isPermaLink="false">http://timoelliott.com/blog/?p=3887</guid>
		<description><![CDATA[My presentations from the recent Innovation by SAP tour of the Nordics, covering Business in the Moment and Big Data]]></description>
			<content:encoded><![CDATA[<p><img style="background-image: none; padding-left: 0px; padding-right: 0px; display: inline; padding-top: 0px; border: 0px;" title="nordic innovation tour banner" src="http://timoelliott.com/blog/wp-content/uploads/2012/03/nordic-innovation-tour-banner.jpg" alt="nordic innovation tour banner" width="690" height="310" border="0" /></p>
<p>I’ve had the huge pleasure of presenting at a series of <a title="Innovation by SAP forums" href="http://innovationbysap.com">Innovation by SAP</a> events across the Nordic region. Please find below my two presentations from the sessions in Oslo, Copenhagen, Helsinki, and Stockholm (note: only incremental changes from the presentations in the Baltic region in a previous post)</p>
<p>The keynote presentation: <strong>Business In The Moment: From Reactive to Proactive</strong></p>
<blockquote><p>2012 will be a year of business transformation. New technologies such as in-memory computing, mobility, and analytics have shaken up existing technology paradigms and opened up dramatic new business opportunities. Business expectations have risen, fuelled by the fast-paced innovation in the consumer world, raising the bar for Finance and IT organizations to provide better systems to support business activities. This session will examine the big trends facing the analytics industry, and how real-life organizations are “changing the game”, using new technologies to:</p>
<ul>
<li>Remove information bottlenecks and dramatically speed up business operations.</li>
<li>Make better decisions in real-time and fix potential problems before they affect business activity.</li>
<li>Increase competitive advantage through new, analytics-based business models</li>
</ul>
</blockquote>
<p><a href="http://timoelliott.com/blog/docs/innovationbysapkeynote_nordic.pdf" target="_blank"><img style="background-image: none; padding-left: 0px; padding-right: 0px; display: inline; padding-top: 0px; border: 0px;" title="business in the moment presentation" src="http://timoelliott.com/blog/wp-content/uploads/2012/03/business-in-the-moment-presentation.jpg" alt="business in the moment presentation" width="690" height="518" border="0" /></a></p>
<p><a href="http://timoelliott.com/blog/docs/innovationbysapkeynote_nordic.pdf" target="_blank">Download “Business In the Moment: From Reactive to Proactive” in Adobe PDF format</a></p>
<p><a href="http://timoelliott.com/blog/docs/innovationbysapkeynote_nordic.zip" target="_blank">Download “Business In the Moment: From Reactive to Proactive” in Microsoft PowerPoint format</a></p>
<p>&nbsp;</p>
<p>My IT track session presentation: <strong>Turn “Big Data” into Business Value with Real-Time with BI</strong></p>
<blockquote><p>Best-practice data warehousing has been relatively stable for a decade, but is now being rapidly disrupted by a combination of new technologies, including in-memory, column data stores, predictive analytics, and new “NoSQL” technologies such as Hadoop. User interfaces and expectations have fundamentally changed, with new opportunities for mobile access, data discovery, social data, collaborative decision-making, and new visualization methods. This session looks in detail at how organizations can combine and harness the power of these new technologies, illustrated with real-life examples of how companies are implementing the new solutions.</p></blockquote>
<p><a href="http://timoelliott.com/blog/docs/innovationbysapbigdata_nordic.pdf" target="_blank"><img style="background-image: none; padding-left: 0px; padding-right: 0px; display: inline; padding-top: 0px; border: 0px;" title="big data into business value presentation" src="http://timoelliott.com/blog/wp-content/uploads/2012/03/big-data-into-business-value-presentation.jpg" alt="big data into business value presentation" width="690" height="518" border="0" /></a></p>
<p><a href="http://timoelliott.com/blog/docs/innovationbysapbigdata_nordic.pdf" target="_blank">Download &#8220;Turn Big Data into Business Value With Real-Time BI” in Adobe PDF format</a></p>
<p><a href="http://timoelliott.com/blog/docs/innovationbysapbigdata_nordic.zip" target="_blank">Download &#8220;Turn Big Data into Business Value With Real-Time BI” in Microsoft PowerPoint format</a></p>
      ]]></content:encoded>
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		</item>
		<item>
		<title>SAP HANA: Why Wait?</title>
		<link>http://timoelliott.com/blog/2010/12/sap-hana-why-wait.html</link>
		<comments>http://timoelliott.com/blog/2010/12/sap-hana-why-wait.html#comments</comments>
		<pubDate>Thu, 16 Dec 2010 07:55:29 +0000</pubDate>
		<dc:creator>Timo Elliott</dc:creator>
				<category><![CDATA[All]]></category>
		<category><![CDATA[Analytics]]></category>
		<category><![CDATA[Business Analytics]]></category>
		<category><![CDATA[Business Intelligence]]></category>
		<category><![CDATA[BusinessObjects]]></category>
		<category><![CDATA[Data]]></category>
		<category><![CDATA[HANA]]></category>
		<category><![CDATA[In-Memory]]></category>
		<category><![CDATA[Information]]></category>
		<category><![CDATA[Real-time]]></category>
		<category><![CDATA[SAP]]></category>

		<guid isPermaLink="false">http://timoelliott.com/blog/?p=2704</guid>
		<description><![CDATA[An updated “real real-time” computing video about SAP HANA (High-Performance Analytic Appliance). What are you waiting for? (Oh &#8212; maybe more details about what it actually is?! Coming soon&#8230;)]]></description>
			<content:encoded><![CDATA[<p><img style="display: inline; border: 0px;" title="why-wait-cover" src="http://timoelliott.com/blog/wp-content/uploads/2010/12/whywaitcover.jpg" border="0" alt="why-wait-cover" width="690" height="310" /></p>
<p>An updated “real real-time” computing video about SAP HANA (High-Performance Analytic Appliance). What are you waiting for? (Oh &#8212; maybe more details about what it actually is?! Coming soon&#8230;)</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="690" height="400" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/r3cw0yRKjsQ?fs=1&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="690" height="400" src="http://www.youtube.com/v/r3cw0yRKjsQ?fs=1&amp;hl=en_US" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
      ]]></content:encoded>
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		<title>Event Insight: New Operational Business Intelligence from SAP BusinessObjects</title>
		<link>http://timoelliott.com/blog/2010/11/event-insight-new-operational-business-intelligence-from-sap-businessobjects.html</link>
		<comments>http://timoelliott.com/blog/2010/11/event-insight-new-operational-business-intelligence-from-sap-businessobjects.html#comments</comments>
		<pubDate>Tue, 02 Nov 2010 14:12:03 +0000</pubDate>
		<dc:creator>Timo Elliott</dc:creator>
				<category><![CDATA[All]]></category>
		<category><![CDATA[BI 2.0]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Analytics]]></category>
		<category><![CDATA[BI]]></category>
		<category><![CDATA[Business Analytics]]></category>
		<category><![CDATA[Business Intelligence]]></category>
		<category><![CDATA[BusinessObjects]]></category>
		<category><![CDATA[Dashboards]]></category>
		<category><![CDATA[operational BI]]></category>
		<category><![CDATA[Real-time]]></category>
		<category><![CDATA[SAP]]></category>

		<guid isPermaLink="false">http://timoelliott.com/blog/?p=2407</guid>
		<description><![CDATA[Event Insight is a new product from SAP BusinessObjects that provides operational business intelligence: real-time access to event data, directly within operational processes.]]></description>
			<content:encoded><![CDATA[<p><img style="display: inline; border: 0px;" title="event-insight-banner" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/eventinsightbanner.jpg" border="0" alt="event-insight-banner" width="690" height="310" /></p>
<p><a href="http://timoelliott.com/blog/wp-content/uploads/2010/11/david-huber.jpg"><img class="alignleft size-full wp-image-2417" style="border: 5px;" title="David Huber" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/david-huber.jpg" alt="David Huber" width="80" height="120" /></a>I’m still catching up from the <a href="http://timoelliott.com/blog/2010/10/asug-sap-businessobjects-user-conference-2010-keynotes.html" target="_blank">SAP BusinessObjects user conference</a> a few weeks ago. One of the sessions I attended was David Huber’s overview of operational business intelligence and the soon-to-be-launched SAP BusinessObjects Event Insight product.</p>
<p>He started the session with the results of a recent CIO.com survey of Fortune 500 CIOs (CIO Technology Priorities July 2009), showing that “Business Process Management” and “Business Intelligence” are the #2 and #3 priorities for 2010.</p>
<p><img style="display: inline; border: 0px; margin-right: 5px;" title="image[4]" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image4.jpg" border="0" alt="image[4]" width="690" height="397" /></p>
<p>Bring these two trends together and you get the need for “operational BI”: real-time, actionable BI directly within your operational systems. SAP has now combined event processing with business process management and dashboards to create new operational BI capabilities.</p>
<p><img style="display: inline; margin-left: 0px; margin-right: 0px; border: 0px;" title="image287" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image287.jpg" border="0" alt="image287" width="313" height="349" align="right" />The key new element of this system is SAP Event Insight. The product originally started as a prototype from the <a href="http://wiki.sdn.sap.com/wiki/display/Img/SAP+Imagineering+Home">SAP Imagineering Team</a> called <a href="https://wiki.sdn.sap.com/wiki/display/Img/Live+Enterprise+Overview" target="_blank">Live Enterprise</a>, with links to dashboards from the <a href="http://www.sdn.sap.com/irj/boc/innovation-center" target="_blank">SAP BusinessObjects Innovation Center</a>, using complex event processing (CEP) technology from a small startup called <a href="http://www.crunchbase.com/company/coral8" target="_blank">Coral8</a>. Coral8 was then acquired by <a href="http://www.crunchbase.com/company/aleri" target="_blank">Aleri</a>, who was then acquired by <a href="http://www.sybase.com/" target="_blank">Sybase</a>, who was then acquired by SAP – all in less than 18 months! – and the product is now close to “<a href="http://www.sap.com/services/bysubject/rampup/index.epx" target="_blank">ramp up</a>”. For more information about BI 4.0, check out<a href="http://www.sap.com/analytics/index.epx" target="_blank"> the SAP Analytics microsite</a>.</p>
<p>The goal of Event Insight is to provide real-time monitoring of business events:</p>
<ul>
<li>Detect meaningful business events and new opportunities, such as customer buying behavior, through historical and current events</li>
<li>Send alerts to business users, letting them detect and react to business changes before adverse events happen</li>
<li>Easily set up the agents, on multiple data sources, monitoring both structured and unstructured data, without programming</li>
</ul>
<p>Event Insight uses technology that was first developed for high-velocity, high-transaction trades on Wall Street, but has now been extended and adapted for use in BI. The biggest difference is in the nature of the processing: compared to previous “monolithic”  CEP implementations, business intelligence typically requires more data sources, with processing shared among nodes on the network.</p>
<p><img style="display: inline; border: 0px;" title="image7" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image7.jpg" border="0" alt="image7" width="690" height="431" /></p>
<p>The new technology is tightly integrated with the SAP BusinessObjects semantic layer, letting you create universes and queries on top of event streams, linking them to the BI 4.0 alerting framework, and letting them be accessed from standard front end tools such as Web Intelligence, Crystal Reports and Dashboards (formerly known as Xcelsius).</p>
<p><img style="display: inline; border: 0px;" title="image[22]" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image22.jpg" border="0" alt="image[22]" width="603" height="446" /></p>
<p>So when might you need this technology? Here’s David’s comparison of traditional and operational BI approaches: unsurprisingly, operational BI is operational processes, where you need to take action on information in a short time.</p>
<p><img style="display: inline; border: 0px;" title="image[8]" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image8.jpg" border="0" alt="image[8]" width="690" height="357" /></p>
<p>Operational BI is a very horizontal technology that could be used in lots of different industries and applications. Examples given included:</p>
<ul>
<li>A supply chain example. The instant that the system detects a problem with an order, an alert is sent to customer care, who can proactively warn the customer, and mitigate any delay</li>
<li>Oil and gas. Real-time pressure, temperature, and vibration readings are gathered and sent to a central dashboard, and any readings outside of defined limits are sent as alerts.</li>
<li>Location-based processing. The event trigger could be somebody or something arriving at a particular location (leveraging the Sybase mobility technology)</li>
<li>Monitoring customer sentiment. Look for keywords in a stream of social media using text analytics, and send alerts.</li>
</ul>
<h3>Demonstrations</h3>
<p>The <a href="http://www.sdn.sap.com/irj/scn" target="_blank">SAP Community Network</a> site has some great demonstrations available &#8212; here are links to some of them. First, a demonstration of how the technology could be used by an <a href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/business-intelligence/SAP%20BusinessObjects%20Event%20Insight%20XI%204.0%20with%20Sybase%20CEP:%20Enabling%20Operational%20BI%20Oil%20%26%20Gas/OilAndGas-Demo_controller.swf" target="_blank">Oil and Gas company</a>:</p>
<p><a title="SAP Oil and Gas Operational BI demonstration" href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/business-intelligence/SAP%20BusinessObjects%20Event%20Insight%20XI%204.0%20with%20Sybase%20CEP:%20Enabling%20Operational%20BI%20Oil%20%26%20Gas/OilAndGas-Demo_controller.swf" target="_blank"><img style="display: inline; border: 0px;" title="image16" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image16.jpg" border="0" alt="image16" width="690" height="514" /></a></p>
<p><img style="display: inline; border: 0px;" title="image20" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image20.jpg" border="0" alt="image20" width="690" height="452" /></p>
<p><img style="display: inline; border: 0px;" title="image24" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image24.jpg" border="0" alt="image24" width="690" height="519" /></p>
<p>Here’s a description of how operational BI can used for improving the number of “perfect orders”:</p>

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<p>And here’s an associated <a href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/businessobjects/Operational%20Business%20Intelligence%20from%20SAP:%20Perfect%20Order/index.html" target="_blank">demonstration of the perfect order dashboard</a>:</p>
<p><a href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/businessobjects/Operational%20Business%20Intelligence%20from%20SAP:%20Perfect%20Order/index.html" target="_blank"><img style="display: inline; border: 0px;" title="image34" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image34.jpg" border="0" alt="image34" width="690" height="455" /></a></p>
<p>Operational BI can be used for <a href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/business-intelligence/Operational%20Business%20Intelligence%20from%20SAP:%20Track%20and%20Trace/index.html" target="_blank">tracking and tracing defective products</a>, including collaborative decision-making with <a href="http://sapstreamwork.com" target="_blank">StreamWork</a> and SAP’s business process modeling.</p>
<p><a title="SAP Operational BI Defective Products" href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/business-intelligence/Operational%20Business%20Intelligence%20from%20SAP:%20Track%20and%20Trace/index.html" target="_blank"><img style="display: inline; border: 0px;" title="image29" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image29.jpg" border="0" alt="image29" width="690" height="511" /></a></p>
<p>And here’s the associated <a href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/businessobjects/Operational%20Business%20Intelligence%20from%20SAP:%20Defective%20Product/index.html" target="_blank">product defect demo, with social media monitoring and drill-down to SAP systems</a>:</p>
<p><a href="http://www.sdn.sap.com/irj/sdn/go/portal/prtroot/com.sap.km.cm.docs/library/elearning/businessobjects/Operational%20Business%20Intelligence%20from%20SAP:%20Defective%20Product/index.html" target="_blank"><img style="display: inline; border: 0px;" title="image39" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image39.jpg" border="0" alt="image39" width="690" height="522" /></a></p>
<p>David mentioned that an industrial poultry operation was even interested in the technology – but declined to explain further!</p>
<p>It’s claimed that each individual agent install is quick and easy, with both SAP and non-SAP systems. As with traditional BI, the trickiest part is deciding the business process issues and trigger conditions that you want to measure. There are three types of user profile who would maintain and use the system:</p>
<ul>
<li>IT – somebody to install the system, and collect, process, and manage data</li>
<li>BI power user – to set up the event semantics, types of event, thresholds, etc.</li>
<li>Business user – consumes the data and alerts</li>
</ul>
<p><img style="display: inline; border: 0px;" title="image11" src="http://timoelliott.com/blog/wp-content/uploads/2010/11/image11.jpg" border="0" alt="image11" width="690" height="425" /></p>
<p>Since some of the examples overlap with what you can do with traditional BI today, I asked David for his honest assessment of how applicable and practical this technology will be for “average BI-using organizations”, including the cost of buying, installing, and maintaining it in addition to existing systems. He replied that he believes that operational BI won’t be confined to just a few niches (finance, etc.), but will become a standard part of most large-organization BI deployments.</p>
<p>Complementary information:</p>
<ul>
<li>Check out the <a href="http://www.sap.com/analytics/index.epx" target="_blank">excellent SAP analytics site</a></li>
<li> <a href="http://www.afsug.co.za/Portals/1/BI_February2010/SAP_BusinessObjects_Event_Insight_Overview.pdf" target="_blank">some publicly-available slides from an AFSUG event earlier this year</a></li>
</ul>
      ]]></content:encoded>
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		<item>
		<title>Real Real-Time Analytics</title>
		<link>http://timoelliott.com/blog/2009/12/real-real-time-analytics.html</link>
		<comments>http://timoelliott.com/blog/2009/12/real-real-time-analytics.html#comments</comments>
		<pubDate>Fri, 11 Dec 2009 17:34:30 +0000</pubDate>
		<dc:creator>Timo Elliott</dc:creator>
				<category><![CDATA[All]]></category>
		<category><![CDATA[BI 2.0]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[#sapsummit]]></category>
		<category><![CDATA[Analytics]]></category>
		<category><![CDATA[BI]]></category>
		<category><![CDATA[Business Analytics]]></category>
		<category><![CDATA[BusinessObjects]]></category>
		<category><![CDATA[Influencer Summit]]></category>
		<category><![CDATA[Presentation]]></category>
		<category><![CDATA[Real-time]]></category>
		<category><![CDATA[SAP]]></category>
		<category><![CDATA[Social Analytics]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Video]]></category>
		<category><![CDATA[Xcelsius]]></category>

		<guid isPermaLink="false">http://timoelliott.com/blog/?p=1416</guid>
		<description><![CDATA[The SAP Influencer Summit featured a video talking about the benefits of real-time, in-memory analytics, and Sentiment analysis of Twitter]]></description>
			<content:encoded><![CDATA[<p>Here’s a great video from this weeks <a href="http://www.sap.com/community/specials/influencersummit09/index.epx" target="_blank">SAP Influencer Summit</a> featuring the advantages of real-time, in-memory analytics. You can see the full list of recorded keynote sessions <a href="http://www.sap.com/community/specials/influencersummit09/index.epx">here</a> (registration required). If you’re interested in business intelligence and analytics, you’ll find it mentioned in the presentations by <a href="http://www.sap.com/community/showdetail.epx?ItemID=20170">Jim Snabe</a>, <a href="http://www.sap.com/community/showdetail.epx?ItemID=20171">Vishal Sikka</a>, <a href="http://www.sap.com/community/showdetail.epx?ItemID=20173">Marge Breya</a> and <a href="http://www.sap.com/community/showdetail.epx?ItemID=20174">John Wookey</a>.</p>
<p>
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<p>The sessions featured interaction with Twitter very heavily, using the #sapsummit hashtag. One of the interesting opportunities in this area is sentiment analysis on top of tweets, using <a href="http://www.sap.com/solutions/sapbusinessobjects/large/information-management/data-integration/textanalysis/index.epx">SAP BusinessObjects Text Analytics</a> – here’s a taste of what that could look like (demo data).</p>
<p><img title="twittersentiment" src="http://timoelliott.com/blog/wp-content/uploads/2009/12/twittersentiment.jpg" border="0" alt="twittersentiment" width="690" height="289" /></p>
<p>You can <a href="http://timoelliott.com/blog/2009/12/conversations-sap-influencer-summit-vs-le-web/" target="_blank">read more about the Summit, and how it compared to “Le Web” here</a>.</p>
<p>Resources</p>
<ul>
<li>The <a href="http://sapweb20.com/blog/powerpoint-twitter-tools/">PowerPoint twitter tools</a> based on <a href="http://www.sap.com/solutions/sapbusinessobjects/sme/reporting-dashboarding/index.epx" target="_blank">SAP BusinessObjects Xcelsius</a> allow you to see live tweets embedded in your presentation, and let you “auto tweet” out your key points.</li>
</ul>
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