Attention Retail Banks, Its Time for Change!

July 18, 2014

Walhalla_(1896)_by_Max_Brückner

Retail banks, which have been wracked by scandals relating to PPI fraud, LIBOR rigging, unpopular bonus schemes and IT failures, need to think beyond upselling and cross-selling and consider how big data analytics can repair trust and improve the whole customer experience. In the article, Montetising Big Data in Retail Banks Starts with a Better Customer Experience, Davy Nys, VP of EMEA & APAC at Pentaho shares how retail banks can achieve  the ‘Valhalla’ of customer value pricing (CVP), or maximising the total value of a customer to a bank throughout all interactions and transactions. He explains how big data integration and analytics supports CVP in five ways:

  1. Supporting a two-way, 360-degree view
  2. Lower costs
  3. Smarter offers
  4. Customer friendly fraud detection
  5. Measuring customer sentiment

Learn more about how to achieve the ‘Valhalla’ of CVP read the full article here and register/attend the live webinar featuring Forrester Analyst Martha Bennett on the topic: Making the Most of your Data in the Financial Sector on July 22nd at 11am GMT


Pentaho 5.1 in LEGO

July 16, 2014

Two weeks ago we launched Pentaho Business Analytics 5.1. The new capabilities in Pentaho 5.1 support our ongoing strategy to make the hardest aspects of big data analytics faster, easier and more accessible to all. In honor of our Chief Architect, Will Gorman (also a LEGO Master Builder), we decided to have some fun with LEGO and now present to you the LEGO explanation of new features and functionality in Pentaho 5.1:

Lego_5.1

Direct Analytics on MongoDB – Unleash the value of MongoDB analytics for IT and Business Analysts with no coding required.

MongoDB5.1_2

Data Science Pack – Operationalize predictive models for R and Weka, drastically reducing data preparation time and effort.

Lego_RWeka

Full YARN Support – Reduce complexity for big data developers while leveraging the full power of Hadoop

YARN_5.1

Visit the 5.1 landing page to learn more about this release and access resources such as videos, data sheets, customer profiles and download.

 


World Cup Dashboard 2014 – in 15 minutes

July 3, 2014

dashboard fifa

Are you caught in the World Cup craze? Two of my passions are English football and analytics (hence I’m a SE at Pentaho based in London). So when it came time for this years’ World Cup, naturally I combined my passions to analyse who is going to win and what makes a winning team?

It turns out that a Big Data Analytics team in Germany tried to predict the winners based on massive data sets. Thus far three of their top five predicted teams have faltered. So what went wrong? Is Big Data not accurate? Are analytics not the answer?

Fret not. Exploring their methodology, their analysis was based from only one source of data. At Pentaho, we believe that the strongest insights come from blended data. We don’t just connect to large data sets; we make connecting to all data easy, regardless of format or location.

So why is my little World Copa Dashboard different (pictured above)? Its simple, intuitive and quick to create using Pentaho to access and organize the information I wanted — taking only 15 minutes. Yes, raw data to dashboard in 15 minutes! Here is how I did it:

I took 2010 FIFA World Cup data in CSV format and turned it into three panels of information in a format I wanted to see. It was my view into the action. I wanted more information beyond the basic winners and loosers, rather the interest to look behind the scenes (such as how and why) about one of the most spectacular sporting events on the planet. With analytics, I wanted to explore the following questions:

  1. How did strikers compare in the final outcome?
  2. Across a team, how hard did they work?
  3. What was the strategic approach of the winning teams versus the most industrious ones?

Using Pentaho’s built in mapping features I could visualise the countries with the ‘busiest’ forwards. This told me something about the work rate of the formations that country’s manager/coach was using. I could see the efficiency of the forward position players.

leading forward players

With the pivot table I could conditionally format the table to give me an at-a-glance view of the teams with goalkeeping performance, individual defending and attacking maneuvers.

player stats

 

Embedding the Official FIFA website into my dashboard also gave me access to FIFA’s own ‘trending’ players of this tournament. I could see historic performance versus the latest information.

official FIFA

One of the most vital aspects of analytics is offering the information in the right context for the user. With the rich visualisations of Pentaho Analyser it was simple for me to divide up the teams into a scatter plot showing me which ones worked the hardest for the duration they were in the tournament and which balance took the successful teams furthest.

teamstats

In summary, I got a behind the scenes look at my World Cup data in four different visualisations all combined into one dashboard easily, quickly and efficiently using Pentaho User Console and I was able to prepare the data into a format of my choosing rapidly using Pentaho Data Integration.

Turn your data into your own personal viewpoint with the power of Pentaho Business Analytics 5.1.

GO ENGLAND…for the next World Cup, perhaps? ;)

Zaf Khan
Presales Engineer
Pentaho


Award time at Pentaho

June 18, 2014

The past few weeks we’ve been giddy with excitement about several awards we’ve received celebrating our big data technology and how customers are applying it to reap big benefits. The latest awards Pentaho along with our customers have added to our growing trophy case include:

PrintThe CRN Big Data 100 list identifies vendors that have demonstrated an ability to innovate in bringing to market products and services that help businesses work with big data. Pentaho is proud to be named to the Big Data 100 list for the second year in the business analytics category. The award noted Pentaho’s record 83 percent bookings growth in 2013 for big data and embedded analytics products. In addition, the addition of Christopher Dziekan, previously head of analytics product strategy at IBM as Pentaho’s new Chief Product Officer.

 

2014SDT100_logo_120x123Each year the SD Times 100 recognizes companies, non-commercial organizations, open source projects and other initiatives for their innovation and leadership. Judged by the editors of SD Times, the SD Times 100 recognizes the top innovators and leaders in multiple software development industry areas. Pentaho was selected as a top 10 leader for Big Data, alongside Apache Hadoop, Splunk, Cloudera, DataStax, Hortonworks and MongoDB!

 

Computer-Weekly-EuroUserAwards-EnterpriseSoftwarePentaho customer, Bywaters was shortlisted for the ComputerWeekly European User Awards for Enterprise Software in the category of Best Technology Innovation! Bywaters is a waste management and recycling company based in the UK. They aim to make it easy and affordable for customers to improve their environmental performance and meet regulatory compliance through a system they created that embeds Pentaho called BRAD – Bywaters reporting and analytics dashboards. You can read more about their use case on Pentaho.com or feature article on ComputerWeekly.

SIG-Awards-headline-sponsor-logo-300x237Pentaho/Ctools pro-bono customer, Leukaemia & Lymphoma Research organization was awarded GOLD for ‘Best Use of Performance Reporting and Data Visualization’ by the Institute of Fundraising Insight Awards. The CTools team and Dan Keeley (@Codek1) worked with the UK Beating Blood Cancer group dedicated to improving the lives of patients with all types of blood cancer, including Leukaemia, Lymphoma and Myeloma. They created an (now) award winning dashboards to track the charity events they organize – check out the sample version here.

If you love awards as much as we do, then, you must check out the Pentaho Excellence Awards. This is our first annual awards program to recognize and honor our customers, partners and users who have deployed Pentaho in interesting and innovative ways.  Nominations are open until July 11th.

Rebecca Shomair
Director of Communications
Pentaho

 


PentahoWorld 2014 – save the date

May 2, 2014

PentahoWorld stacked dateClick here to be the first to hear more details on PentahoWorld 2014. #PWorld2014

 


Pentaho and MongoDB Rendezvous in SF

April 22, 2014

CityClubThe City Club of San Francisco is well known for hosting the swankiest of weddings in San Francisco. However, on May 1st, it will be the location of a union of a different sort – The Pentaho and MongoDB ‘Better Together’ luncheon. Pentaho and MongoDB have emerged as a powerful combination for scalable data storage, processes and analytics. This special event is not to be missed as the four hours is packed with access to industry leaders, peer use cases, and key points you need to know to make a difference in your organization right away – PLUS a free Pentaho Analytics for MongoDB book and 5 star lunch. Here is a glance at the agenda:

Agenda
10:30 a.m. to 11:00 a.m.
Welcome & Introductions: Pentaho & MongoDB Teams

11:00 a.m. to 12:00 p.m.
Pentaho Analytics for MongoDB & Demo – Bo Borland, Pentaho’s VP of Field Technical Sales and author of Pentaho Analytics for MongoDB

12:00 p.m. to 12:30 p.m.
Advantages, Use Cases, and Value of MongoDB

12:30 p.m. to 1:00 p.m.
Customer Use Case

1:00 p.m. to 2:00 p.m.
Optional Breakout Session & Book Signing by Bo Borland author of Pentaho Analytics for MongoDB

We hope you can rendezvous with us on May 1 at the City Club of SF. 

Click here for more details and to register. Don’t delay – space is limited! 

Learn more about why Pentaho and MongoDB are better together

Don’t live in San Francisco? Visit the Pentaho events page to find details about Pentaho and MongoDB luncheons in Atlanta, Minneapolis and Tampa. Stay tuned for more locations and dates.


Cloudera Stamp of Approval

April 3, 2014

logo_cloudera_certifiedYesterday, Cloudera announced the general availability of Cloudera 5 (C5), the latest generation of Cloudera’s unified data platform for the enterprise data hub. Pentaho engineers have been working on certification since the beta was available in early February to make sure we are certified on day one of the GA.

Cloudera and Pentaho  have a long standing strategic relationship with tested joint technologies that have been deployed time and time over again. By using Cloudera Certified products, enterprises significantly reduce risk while taking advantage of the worlds most complete, tested and popular platform powered by Apache Hadoop. This stamp of approval should put customers at ease when deploying C5 knowing that Pentaho and Cloudera have worked together to ensure the highest level of capabilities and compatibility.

Learn more about Pentaho and Cloudera’s joint solution benefits, access the download, resources and recordings.

Paul Vasquez
Senior Product Manager, Technology Partners
Pentaho
@BigDataPaul


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