Intelligent CIO Middle East Issue 58 | Page 42

FEATURE: ANALYTICS generate revenue and build fresh ventures by understanding the market conditions. “Other sectors such as oil and gas, tourism and pharma are also following suit and joining forces with Big Data investments. Be it, the UAE’s Ministry of Energy launching oil and gas Big Data project or leveraging technology to boost insulin production (a proven case study of Julphar – a UAE “This means that, when running outbound campaigns, organisations can target the specific customers who might be interested in the offer and is willing to receive information about it,” he said. Anas A. Abdul-Haiy, Director and Deputy CEO at Proven Consult, said one of the truly great use case of government analytics is Citizen Account Programme in Saudi Arabia BESIDES THE OBVIOUS BENEFIT OF BRINGING ORGANISATION-WIDE VISIBILITY, AN IMPORTANT FUNCTION OF ANALYTICS IS TO AID WITH INFORMED DECISION-MAKING. Assaad El Saadi, Regional Director – Middle East, Pure Storage, said tapping into the power of analytics can seem daunting at first and there are three main challenges facing organisations and these include: an overwhelming amount of data to analyse, a proliferation of powerful, yet complex tools and technologies and data silos and low performance. “The more data there is, the more complex harnessing it becomes. Organisations face the difficulty of conquering the five ‘Vs’ of data – volume, velocity, variety, veracity and value. Particularly, with regards to variety, organisations need to make sure they can collect and get value from both structured and unstructured data. Structured data is wellorganised and easy to analyse with traditional business tools. By contrast, unstructured data is harder. Social media posts are an example. Tweets or Facebook posts can have huge business intelligence value, but are particularly difficult to analyse,” he said. based Pharma Company), data has become indispensable,” he explained. He pointed out that in retail, Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia has already deployed advanced analytics capabilities, which will allow the company to gather deeper consumer insights and in turn, champion the personalised experiences it offers to customers. According to Avaya’s Dorra, the Middle East market is seeing enterprises use analytics to provide enhanced personalisation. “Let’s take an example in the telemarketing outreach sphere. In the past, when organisations had new services to offer existing customers, they would call anyone and everyone to get the message out. Now, through analytics it is much easier for organisations to run more targeted campaigns that result in higher rates of success – as well as better utilisation of resources,” he said. Dorra added that this is because analytics helps with the identification of specific potential prospects by understanding the behaviour of customers’ behaviour and interests through social media and websites. launched by the Ministry of Human Resource and Social Development. Abdul-Haiy explained that it is a national initiative established by Saudi Arabia to protect Saudi families from the direct, indirect and expected impact of various economic reforms through the provision of cash transfers deposited directly in the accounts of the beneficiary citizens on a monthly basis. The programme analyses the data of the registered citizens (3.7 million in 2017) to determine the citizen monthly payment. CIO and IT teams challenges Given the fast pace of change happening in organisations, CIOs and IT teams are always challenged when deploying analytics in their IT environment. El Saadi sad given that unstructured data makes up 80% of the world’s data, any company serious about Big Data insights must find ways to harness it. “The number of data analytics tools and technologies available is as overwhelming as the amount of data available to be analysed. It can be difficult for organisations to implement and integrate this complex myriad of tools alongside existing, older systems,” he said. “That and legacy storage platforms are just not suited to support modern analytics. Common issues include everything from low performance for search, index and complex queries from white box solutions that are not optimised for speed or efficiency to costly, inefficient data pipelines that limit data access and create redundant data silos.” 42 INTELLIGENTCIO www.intelligentcio.com