Operationalizing Predictive Analytics with In-Memory Data Grids
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Live Webinar

Operationalizing Predictive Analytics with In-Memory Data Grids

60 minutes
March 14, 2018 @ 8:00am PST

The value of data is in the actionable insights that can be derived from it. Traditionally Business Intelligence relied on mining structured data to describe & diagnose business events and outcomes to help towards making business decisions. This process of creating reports to understand “what has happened?” has limitations. It does not allow to identify all hidden relationships between data. If the report did not capture an insight, it will remain unknown. When people interact with data, the insights are dependent on the human ability to understand data. Human bias also creeps into the analysis. As the complexity and variety of data increase, it becomes humanly impossible to keep track of it. Data is everywhere and to analyse data using traditional methods can no longer guarantee quality actionable insights. What has changed?

The biggest change is the use of Algorithms to interact with data. This opens new ways of understanding large data sets and their relationships in a way it is not humanly possible. Consequentially we now migrate from realms of diagnostic or descriptive analytics to Predictive and Prescriptive analytics. Use of algorithms to derive insights from data has been around for years however they were not widely adopted by enterprises because of complexity to use and implement. However, this is also changing fast.

In this webinar, we will explore ways to easily operationalize or inject the benefits of predictive analytics in real-time application using Hazelcast IMDG and Jet.

Presenter

Riaz Mohammed, Senior Solutions Architect at Hazelcast

Presenter

Riaz Mohammed, Senior Solutions Architect at Hazelcast

Riaz has 15+ years’ experience in developing high throughput & low latency trading systems, surveillance & monitoring systems mainly in the Finance sector. He has been part of core development teams delivering global sales and trading platforms in Tier 1 Investment Banks.

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