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Maximizing Data Value: Smart and Fast Analytics Strategies

Learn how to extract value from data by making it smart and fast. Discover the importance of turning big data into actionable insights and enabling real-time decision-making. Explore the relevance of data analytics in different time frames and the challenges faced in managing data in multifamily housing.

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Maximizing Data Value: Smart and Fast Analytics Strategies

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  1. Data Analytics Strategies Where and When Big Data Matters Dan Teague, Director of Business Development, WegoWISE Moderator: Elaine Williams, Owner, EWilliams Consulting EianCounts, VP of Product Strategy, Rainmaker LRO

  2. Getting value from data comes down to how easily you can do something with it.

  3. Big Data - Needs to be smart and fast “Big Data” analyticsis not just about managing more or diverse data, it is about the collection of data and what you do with it. BIG data is just data. “Smart Data” is information that actually makes sense. Algorithms turn volumes of data into actionable insights. “Fast Data “ or “as it happens” information which enables real time decision making.

  4. Gartner Hype Cycle Big Data

  5. Data Analytics with “Big Data” Before After • Descriptive (past) • Predictive (future) • Prescriptive (do this) • Descriptive (past) • Predictive (future) • Prescriptive (do this) Data analytics, of any size, is data analytics.

  6. Data Challenges in Multifamily Housing • Big Data –Applicability • Little Data – Density • Hidden Data –Access

  7. Where are we today? Monthly Energy Data Interval Energy Data Real Time Energy Data

  8. How much is too much data?

  9. What is the goal of data?

  10. Smart Data not Big Data

  11. Q & A Thanks! Eian Counts ecounts@letitrain.com Dan Teague dteague@wegowise.com Elaine Williams ewilliams@ewilliamsconsulting.com

  12. Data Analytics Strategies Where and When Big Data Matters Dan Teague, Director of Business Development, WegoWISE Moderator: Elaine Williams, Owner, EWilliams Consulting EianCounts, VP of Product Strategy, Rainmaker LRO

  13. Data Analytics Strategies Where and When Big Data Matters Dan Teague, Director of Business Development, WegoWISE Moderator: Elaine Williams, Owner, EWilliams Consulting EianCounts, VP of Product Strategy, Rainmaker LRO

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