#theCUBE #IBM #Spark #SparkSummit #SiliconANGLE
01. Robert Parkin, IBM Commerce, Visits theCUBE . (00:21)
02. Adding Predictive and Optimization Analytics. (00:50)
03. Spark Is Designed for Real-Time Analytics. (01:28)
04. Creating Predictive Models for Transactional Data. (02:19)
05. Shortening the Predictive and Performance Life Cycles. (04:37)
06. Competitive Advantage of Early Adoption. (05:50)
07. Personalizing the Marketing Experience. (08:26)
08. Spreading the Data Across Different Structures. (09:54)
09. Actionable Data Still Requires Historical Data. (12:03)
10. Real-Time Is Relative to the Context of the Decisions. (13:54)
11. New Product Development. (14:24)
--- ---
IBM Commerce sees major performance increases with Spark | #sparkinsight
by Heather Johnson | Jun 17, 2015
IBM Commerce goes under the covers of marketing, merchandising and B2B commerce, and it adds analytics to improve user interaction and the decisions that get made inside those applications. IBM Commerce’s principal scientist Robert Parkin told theCUBE during IBM Spark 2015 that Spark allows the department to cut down run times for the mathematical modeling that takes place. Real time makes all the difference.
The importance of real-time information
“In the past, we’ve seen a lot of work with batch jobs, particularly in the Hadoop infrastructure, which is great if you’re running over very large data sets and you can wait 20 minutes to three hours for something to come back,” Parkin said. “But real-time information is becoming more important, and that’s what Spark is designed to do. It’s doing for memory what Hadoop did for disk. It allows you to have access to the large size of analytics, but in a more real-time fashion.”
In merchandising, for example, Parkin has noticed a 30 to 40 percent increase in performance.
“We get data in from the customer and create predictive models from that data. Customers use this for promotional activities and to find out what people will do at different price points,” he said.
“We put information in the applications and allow the retailer to create goals for each category of product. They can then choose the right set of prices and the right marketing and merchandising based on that goal and what the consumers want.”
IBM’s Journey Analytics
Parkin is especially excited about IBM’s new Journey Analytics, developed with Spark, which helps “retailers and brands connect in a more effective way across different channels — mobile and web — using real-time data.”
Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of IBM Spark 2015.
@theCUBE
#SparkInsight
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
IBM Spark Summit 2015 | San Francisco. If you don’t think you received an email check your
spam folder.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Register For IBM Spark Summit 2015 | San Francisco
Please fill out the information below. You will recieve an email with a verification link confirming your registration. Click the link to automatically sign into the site.
You’re almost there!
We just sent you a verification email. Please click the verification button in the email. Once your email address is verified, you will have full access to all event content for IBM Spark Summit 2015 | San Francisco.
I want my badge and interests to be visible to all attendees.
Checking this box will display your presense on the attendees list, view your profile and allow other attendees to contact you via 1-1 chat. Read the Privacy Policy. At any time, you can choose to disable this preference.
Select your Interests!
add
Upload your photo
Uploading..
OR
Connect via Twitter
Connect via Linkedin
EDIT PASSWORD
Share
Forgot Password
Almost there!
We just sent you a verification email. Please verify your account to gain access to
IBM Spark Summit 2015 | San Francisco. If you don’t think you received an email check your
spam folder.
In order to sign in, enter the email address you used to registered for the event. Once completed, you will receive an email with a verification link. Open this link to automatically sign into the site.
Sign in to gain access to IBM Spark Summit 2015 | San Francisco
Please sign in with LinkedIn to continue to IBM Spark Summit 2015 | San Francisco. Signing in with LinkedIn ensures a professional environment.
Are you sure you want to remove access rights for this user?
Details
Manage Access
email address
Community Invitation
Robert Parkin, IBM | IBM Spark Summit 2015
#theCUBE #IBM #Spark #SparkSummit #SiliconANGLE
01. Robert Parkin, IBM Commerce, Visits theCUBE . (00:21)
02. Adding Predictive and Optimization Analytics. (00:50)
03. Spark Is Designed for Real-Time Analytics. (01:28)
04. Creating Predictive Models for Transactional Data. (02:19)
05. Shortening the Predictive and Performance Life Cycles. (04:37)
06. Competitive Advantage of Early Adoption. (05:50)
07. Personalizing the Marketing Experience. (08:26)
08. Spreading the Data Across Different Structures. (09:54)
09. Actionable Data Still Requires Historical Data. (12:03)
10. Real-Time Is Relative to the Context of the Decisions. (13:54)
11. New Product Development. (14:24)
--- ---
IBM Commerce sees major performance increases with Spark | #sparkinsight
by Heather Johnson | Jun 17, 2015
IBM Commerce goes under the covers of marketing, merchandising and B2B commerce, and it adds analytics to improve user interaction and the decisions that get made inside those applications. IBM Commerce’s principal scientist Robert Parkin told theCUBE during IBM Spark 2015 that Spark allows the department to cut down run times for the mathematical modeling that takes place. Real time makes all the difference.
The importance of real-time information
“In the past, we’ve seen a lot of work with batch jobs, particularly in the Hadoop infrastructure, which is great if you’re running over very large data sets and you can wait 20 minutes to three hours for something to come back,” Parkin said. “But real-time information is becoming more important, and that’s what Spark is designed to do. It’s doing for memory what Hadoop did for disk. It allows you to have access to the large size of analytics, but in a more real-time fashion.”
In merchandising, for example, Parkin has noticed a 30 to 40 percent increase in performance.
“We get data in from the customer and create predictive models from that data. Customers use this for promotional activities and to find out what people will do at different price points,” he said.
“We put information in the applications and allow the retailer to create goals for each category of product. They can then choose the right set of prices and the right marketing and merchandising based on that goal and what the consumers want.”
IBM’s Journey Analytics
Parkin is especially excited about IBM’s new Journey Analytics, developed with Spark, which helps “retailers and brands connect in a more effective way across different channels — mobile and web — using real-time data.”
Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of IBM Spark 2015.
@theCUBE
#SparkInsight