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What's Next in Information Technology Management

 

 

Brooklyn's
 2644 W Colfax Ave
Denver,CO 80204

Just across the street from the south parking lot, Sports Authority Field at Mile High

11:15 am - Registration
11:30 am - Presentation
1:00 Adjourn


 

Register for the Thursday, November 13, RMIMA Meeting

Thursday, November 13 - Monthly Lunch and Briefing 11:30 am
NEW LOCATION!
Brooklyn's at Mile High
South of the Bronco Football stadium

Big Data and Analytics:
An IT Management Challenge
Tom Holloran, Advanced Analytics Consultant, Teradata

 

Big Data and Analytics - it is getting big.  What it means to IT and what is the impact? 
Applications of Big Data that are being pursued by companies in the private sector will be offered along with an overview of recommended best practice architectures, processes, and methods. People needs and approaches will also be part of the discussion.

Tom Holloran is active in Advanced Analytics community as an author and public speaker. His educational background includes a BS in Mathematical Engineering and an MS in Economics and Operations Research from the Colorado School of Mines.  Tom's Analytics background includes recognition as a Franz Edelman Award finalist, Dr. R.E.D. Woolsey diamond pin recipient, and recipient of several corporate awards for analytics.  Tom's IT background includes prior roles as CIO/CTO at NTT Verio, SVP of Network Services at Sabre, and VP of Technical Planning at United Airlines. His focus and passion is making businesses more competitive through the innovative use of Big Data and Advanced Analytics.

RMIMA – Big Data
On November 11, RMIMA was pleased to have Tom Holloran from Teradata speak to us about Big Data and its impact. The first question to be answered is “What is Big Data?” Tom gave us his definition – it consists of:
· Velocity – captured and dismissed in seconds
· Variety – structured & unstructured, from external & internal sources
· Volume – data too big to be economically stored in Enterprise Data Warehouses (EDW) and too big to analyze using traditional methods
· Complexity – sorting important data from noise and being able to process unstructured data

Big Data is on the rise…take a look at Facebook, Twitter, Real-Time Marketing, and Geospatial Analytics to name a few areas where Big Data is big – and needed to support near real-time analytics for sales, service, and operational decision making. There are many new sources of data which is causing it to grow significantly. Sensor data for machines, RFID data in retail and manufacturing, digitized video in sports, smart-grids for utilities, not to mention web data.

It used to be that you could use the data on your data marts, EDWs, etc. to analyze what has happened. With the rise of Big Data, those analytics need to happen more quickly and incorporate the “old” technology with the new Big Data technology (such as Hadoop). These technologies will be required to work together to provide the analysts the tools they need and the data they need to make good decisions.

How do you effectively leverage Big Data? You need to get your people and approaches onto the same page. Tom used the acronym GREAT to show us: Guided, Relevant, Explainable, Actionable & Timely.

This was an excellent, timely and very interesting presentation. Join us next time for another GREAT presentation!

 

Prices - this meeting only - our first meeting at Brooklyns:

RMIMA, AITP and SIM members - $15 if registered 1 week in advance
Guests - $20 if registered 1 week in advance
Students - $15 students

Lunch Meeting - Regular Prices
$25 Regular member price (including AITP members)
$35 guests - Join as you register and attend free ($50 per year membership)
$15 students

$20 Earlybird RMIMA members through 7 days prior to the meeting
$15 Earlybird RMIMA members through 14 days prior to the meeting

Reservations are binding if you do not call 24 hours before the luncheon

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