Big Data: Next Big Thing or Big Distraction?
Dirk Quartel & Richard Tweedie
We all read and hear a lot about Big Data. We even hear senior executives talk about it. It’s great to hear executives even talk about data but are we ready for big data? After all, hasn’t the data we’ve all worked with for years always been big? If data has always been big, what’s actually new? In this session, we’ll discuss and define the concept of big data and focus on why the art and science of turning data into meaningful insight not only remains a constant but could get much harder with big data due to the way many analytic ecosystems have evolved uncontrollably in the last decade.
Big Data may well have its day in the future but until we get some of the foundational activities in our analytic ecosystems better managed, ‘little data’ that produces meaningful insight may be a better strategy for most organisations.
Dirk has 18 years experience working in government, credit bureaux and banking organisations. His expertise spans client-side and consulting. Dirk joined Connected Analytics from ANZ, where he worked as the Head of Retail Rating Modelling. His team was responsible for the development, monitoring and reporting of ANZ’s PD, LGD, EAD and operational risk capital models that supported ANZ’s advanced accreditation for Basel II.
Richard has 14 years experience in technical architecture, application development and the programming lifecycle. Prior to Connected Analytics, Richard was with ANZ as a subject matter expert for a behavioural and decision technology implementation project. Richard transitioned from that project to a business-as-usual management position, overseeing change implementation for all TRIAD and Strategy Manager decisioned portfolios – systems with a combined
volume in excess of 5 million active accounts. Prior to ANZ, Richard managed a team of eleven technical consultants for FICO in UK.
When: Friday, 13th June 2014, 12:00-2:00pm
• Registration: 12:00 - 12:30pm (Please be early as you must get a visitor pass)
• Presentation & discussion: 12:30 - 1:30pm
• Networking: 1:30pm - 2:00pm
Where: NAB, 500 Bourke St., Melbourne (Detailed directions TBA)
Catering: There will be no catering, so please fend for yourselves
Registration: You must check in with the concierge (ID verification required).
To save waiting we will pre-register members who have RSVPed by mid-afternoon on Thursday 12th. We will use the information from your RAG member profile information when you RSVP, so please:
Update your RAG Meetup profile before you RSVP.
(The NAB concierge might not let you in if your name is Mickey Mouse or your details don't agree with your ID.)
RSVP: Use the RSVP buttons to pre-register your attendance
• Before you RSVP, please edit your RAG Meetup profile to ensure it contains your full name and organisation to be printed on your visitor pass.
How to update your name: http://help.meetup.com/customer/portal/articles/1233373-change-my-name
How to update your organisation: http://help.meetup.com/customer/portal/articles/615391-update-my-meetup-group-profile
• If you want to bring guests, they must create their own RAG Meetup profiles and RSVP for themselves
• RSVPs close at 3pm on Thursday, 12th June
• The presentation room seats 60 people. If there are no places left you will automatically be placed on a waiting list.
• Please update your registration if you subsequently find you can't attend. This will automatically allocate your place to the first person on the waiting list.