digital day oracle in poland at november 2016
TRANSCRIPT
DATADRIVE N
Business
JakubPołeć,DigitalTransformationStrategyDirector,Oracle
Innovation
Anideaexecutedtomeetaneed
noun|/inəˈvāSH(ə)n/
Everythingaroundus– everystructure,community,systems,andallourenterprises
– arebecoming ecosystemswherehuman,machines,anddata areconnected
andgettingsmarterallthetime.
Informationisreplacingtechnology asthecentralandmostcriticalassettobemanagedbyorganisations.
Asaresult,Businessleadersmustshifttousingthevalueofinformation asabasisfornewplanningandfundingmodels.
WeAreEnteringAnotherShiftInFocus
Source:DougLaney:Gartner
OurThreeDigitalTransformationBeliefs
1. Interactionsbetweenpeople,placesandthingscreatesvalue
2. Platforms&Eco-systemsarethenewplaneofcompetition
3. DataisthefoundationofDigitalBusiness
DataHasHugeEmergentPotential
• Datamakesmore data•Datacanbeconsumedat thesametimebymany things
• Itsvalueincreases in combination
ItisoftensaidthatDataisthenewoil,butisitreally?
Andmostofusdon’tunderstandits value. 84%
of S&P 500’smarket value is intangible assets
5%
of organisationsknow the value of their data
Less than
Source: Ocean Tomo LLC, 2015 Intangible Asset Market ValueStudy; The Wall Street Journal
BrandValue(1960s)vsDataValue(2020)
Coca-Cola’sbrandvalue:$58.5Bn (+4%YoY)Revenues$21.9BnAdSpend$4Bn
Source:Forbes
Wemustmove beyondhaving datato being datadriven
Uber Spotify Netflix AirBnB Facebook Amazon WhatsApp
GoogleMapsDJIDronesZillowSquareAlibabaFitbitTesla
CharacteristicsofaDataDrivenBusiness
Drive“datavalue”acrossconnectedecosystems
Peopleandmachinesinpartnership
ContinuousImprovement
Usesdatatocreatenewbusinessmodels
Datahaseconomicvalue
IntroducingtheDataDrivenAirport
ImprovingthePassengerExperience
Measuringfoot-fallanalysis,lingertimeandinterest
Contextawareoffersanddayoftravelcommunication
channel
PredictiveBasedMaintenance
Digitalcustomerserviceandworkforcesolutions,whichofferbetterservicelevelsandstaffexperience
Reducedemployeeabsenceby55%
Sharingdatatodiscovernewsegments
Thereareonly2thingsyoudowithdata…
Dothingsbetter
Decidethingsbetter
MANAGE– ACQUIRE– APPLY
CAPTURE
KEEP
USE
MANAGE ACQUIRE APPLY
• Thisiswheremostbusinessaretoday
• FocusisuponBigData/DataLakes&SingleViewofcustomer
• LotsofCapture&KeepbutlimitedUse
• DataDrivenBusinessismorethanBigData
CAPTURE
KEEP
USE
OWN
BUY
SHARE
MANAGE ACQUIRE APPLY
• MajorityofBusinessesuseonlyOwneddata
• Combining1st partydatawith3rdpartydata,tocreatenewproductsandservicesandexperiences
OracleDataCloudUseData-as-a-ServiceToInform&MeasureBusinessDecisions
CAPTURE
KEEP
USE
OWN
BUY
SHARE
ANALYTICS
ALGORITHMS
APPS
MANAGE ACQUIRE APPLY
OracleAdaptiveIntelligenceAn Application-FirstandBlendedApproach
Oracleisbuildingapplications—notaplatform—thatintegratewithyourexistingtechnologyformaximumTTV.
TheseAppsexploitdatafromOracle’sDataCloud[5B+consumerandbusinessprofilesandcloudinfrastructure.
Takingthebestofmachinelearning,humanandrules- basedcontrols.
Better Outcomes
SmartPeople&MachinesInPartnership
Smart People whoAdvise
Smart Machines that Automate
Smart Businesses thatAnticipate
WhereIsYourBusinessonThisContinuum?
Abusinessthathas data
Abusinessdriven bydata
AbusinessthatAnticipates
ValueofaPlatformApproach?
Creativity& Innovation
AgileDevelopment& Deployment
LeverageExisting Investments
Governance& Security
ScaleOutWithSpeedand Ease
Reuseability,Extensibility&Flexibility
SohowdoIdothis?
Augmentingyour PlatformwithNewCapabilities
AnintegratedplatformthatprovidesunprecedentedabilitytotakemeaningfulstepstowardgenuinebusinesstransformationinaDataDrivenWorld
OracleCloud