SlideShare a Scribd company logo
1 of 1
Download to read offline
Somewhat or
More Familiar
59%
Extremely
Somewhat
Not Very
8%
Very
16%
35%
41%
WHAT’S TO GAIN?
DESCRIPTIVE
WHAT HAPPENED?
Get in touch with reality, a
single source of truth.
Largely Reporting
PREDICTIVE
WHAT WILL HAPPEN?
Understand the most likely
future scenario, and it’s
business implications
PRESCRIPTIVE
WHAT SHOULD WE DO ABOUT IT?
Collaborate for maximum
business value, informed
by advanced analytics
External
Supply chain optimization
isn’t linear, but the 1st & 2nd
generation of planning
solutions are built that way
Concurrent optimization in
combination with cognitive
learning delivers greater
insights and flexibility, but no
proven ROI
VOLUME+VELOCITY+VERACITY+VALUE
Because of DATA
Managers can now measure, and learn more about their business, in order to translate the
new known knowledge into better and improved decision making
More data at a faster rate than ever before are being emitted through forms of:
messages, updates, images, social networking, readings from sensors, GPS signals, cell
phone usage, and more.
SMART DATA EQUALS MORE REVENUE
Top ranking companies in their industry using data-driven decision making
are on average, 5% more productive and 6% more profitable
THAN their competitors
OPTIMIZATION
LEARNING
REPORTING
YIELDS BETTER...
Disparate systems make
getting to data difficult – 5-7
ERPs solutions and 2-3
instances
IT budgets – tighter than ever
Struggling with massive data
complexity
Internal
Product traceability data 61%
38%
55%
36%
45%
27%
42%
26%
36%
28%
33%
20%
30%
23%
21%
24%
39%
33%
36%
20%
36%
21%
Supply chain visibility
Geo-location and mapping data
Mobile applications
RFID transmission
Unstructured data in warranty
Temperature and product streaming
Voice and video data
Internet of things (e.g. sensory devices
Sentiment data from user-generated
Sentiment data from socialmedia
on equipment, vending machines. etc.
and quality logs
comments on ratings, reviews and blogs
(e.g. Facebook, Twitter, etc.)
DATA
MOVING
FORWARD
ONLY 20% of companies feel their supply chains are working well
in the Supply Chain
SMART
Initiative in the Supply Chain
Data
Rules
Engines
Deployment
Process Flows
Database
Structures
Structured
Simple rules: single “ifs” to single
“thens”
Optimization based on a “known”
function or mathematical outcome
Within the organization
Inside-out with a focus on the
efficient response
Relational
Structured and unstructured
Adaptive rules: multiple “ifs” to multiple “thens”
through cognitive learning
Concurrent optimization, cognitive learning
and combinational math to drive discovery and
new insights
Cloud-based to synchronize inter-and-intra-
enterprise flows
Outside-in with a focus on sensing and
adaptation
Relational and non-relational to mine data in
lakes, streams and clouds
Current State Evolving Techniques
COGNITIVE
WHERE IS THE NEXT STEP-CHANGE IN
DRIVING AN INTELLIGENT RESPONSE?
Highly automated optimization
solutions that get smarter over
time
CURRENT VS. EVOLVING
WHERE ARE THE IMPROVEMENT OPPORTUNITIES
SOURCE: http://www.information-age.com/technology/information-management/123458486/big-data-dead-rise-smart-data
http://supplychaininsights.com/big-data-and-analytics-the-new-underpinning-for-supply-chain-success/
https://hbr.org/2012/10/big-data-the-management-revolution/ar
HOW TO OBTAIN SMART DATA
Data-driven decisions are
better decisions
PERFORMANCE USING TYPES OF DATA
=BIG DATA
DATA
FAMILIARITY WITH DATA
WHO SEES IT AS AN OPPORTUNITY?
>$500M revenue
79%
SMART DATA
The purpose of smart data (veracity & value) is to filter out the noise
and hold the valuable data, and when done effectively can be used
by the enterprise to solve business problems.
<$500M revenue
40%
are manufacturers
58% are retailers
42%
DATA OUTLOOK
Data Initiative
No Initiative
If a businesss simply uses volume & velocity, that qualifies as a BIG DATA problem.
However, a lot of this data comprises noise.

More Related Content

What's hot

The ideal IT budget: Best Practice vs Reality
The ideal IT budget: Best Practice vs RealityThe ideal IT budget: Best Practice vs Reality
The ideal IT budget: Best Practice vs RealityCRMT Digital
 
Smarter Decisions: How Smart Companies Get More Value From Analytics
Smarter Decisions: How Smart Companies Get More Value From AnalyticsSmarter Decisions: How Smart Companies Get More Value From Analytics
Smarter Decisions: How Smart Companies Get More Value From AnalyticsTata Consultancy Services
 
Qlik - Unlocking the Power of Big Data Analytics
Qlik - Unlocking the Power of Big Data AnalyticsQlik - Unlocking the Power of Big Data Analytics
Qlik - Unlocking the Power of Big Data AnalyticsBigDataExpo
 
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...Tata Consultancy Services
 
Fundamental Review of the Trading Book (FRTB) – Data Challenges
Fundamental Review of the Trading Book (FRTB) – Data ChallengesFundamental Review of the Trading Book (FRTB) – Data Challenges
Fundamental Review of the Trading Book (FRTB) – Data Challengesaccenture
 
Customer supply-chain-managment
Customer supply-chain-managmentCustomer supply-chain-managment
Customer supply-chain-managmentKiran Bhavaraju
 
Students For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their WisdomStudents For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their WisdomTata Consultancy Services
 
Push to Pull: From Supply Chains to Patient-Centric Value Networks
Push to Pull: From Supply Chains  to Patient-Centric Value NetworksPush to Pull: From Supply Chains  to Patient-Centric Value Networks
Push to Pull: From Supply Chains to Patient-Centric Value Networksaccenture
 
ERP on Cloud - Delivering Digital Transformation
ERP on Cloud - Delivering Digital TransformationERP on Cloud - Delivering Digital Transformation
ERP on Cloud - Delivering Digital TransformationTata Consultancy Services
 
Mars Presentation at the Supply Chain Insights Global Summit 2018
Mars Presentation at the Supply Chain Insights Global Summit 2018Mars Presentation at the Supply Chain Insights Global Summit 2018
Mars Presentation at the Supply Chain Insights Global Summit 2018Lora Cecere
 
Importance of predictive analytics to business agility
Importance of predictive analytics to business agilityImportance of predictive analytics to business agility
Importance of predictive analytics to business agilityTata Consultancy Services
 
Strategic organisations invest in business change and continuous innovation
Strategic organisations invest in business change and continuous innovationStrategic organisations invest in business change and continuous innovation
Strategic organisations invest in business change and continuous innovationBogdan Ciocoiu
 
Business Intelligence Poster
Business Intelligence PosterBusiness Intelligence Poster
Business Intelligence PosterPrasad Patankar
 
Reimagining the Contact Center with Digital Technologies
Reimagining the Contact Center with Digital TechnologiesReimagining the Contact Center with Digital Technologies
Reimagining the Contact Center with Digital TechnologiesTata Consultancy Services
 
Banking and Financial Services: Analytics For Competitive Advantage
Banking and Financial Services: Analytics For Competitive AdvantageBanking and Financial Services: Analytics For Competitive Advantage
Banking and Financial Services: Analytics For Competitive AdvantageTata Consultancy Services
 
The Responsive Enterprise: Improving the Customer Experience Forever
The Responsive Enterprise: Improving the Customer Experience ForeverThe Responsive Enterprise: Improving the Customer Experience Forever
The Responsive Enterprise: Improving the Customer Experience ForeverTata Consultancy Services
 
How Retail CEOs Can Drive Agile to Grow Their Business
How Retail CEOs Can Drive Agile to Grow Their BusinessHow Retail CEOs Can Drive Agile to Grow Their Business
How Retail CEOs Can Drive Agile to Grow Their BusinessTata Consultancy Services
 
Create agile businesses with TCS BPS RPA advantage
Create agile businesses with TCS BPS RPA advantageCreate agile businesses with TCS BPS RPA advantage
Create agile businesses with TCS BPS RPA advantageTata Consultancy Services
 
4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...
4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...
4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...accenture
 

What's hot (20)

The ideal IT budget: Best Practice vs Reality
The ideal IT budget: Best Practice vs RealityThe ideal IT budget: Best Practice vs Reality
The ideal IT budget: Best Practice vs Reality
 
Adopting Cloud with Conviction
Adopting Cloud with ConvictionAdopting Cloud with Conviction
Adopting Cloud with Conviction
 
Smarter Decisions: How Smart Companies Get More Value From Analytics
Smarter Decisions: How Smart Companies Get More Value From AnalyticsSmarter Decisions: How Smart Companies Get More Value From Analytics
Smarter Decisions: How Smart Companies Get More Value From Analytics
 
Qlik - Unlocking the Power of Big Data Analytics
Qlik - Unlocking the Power of Big Data AnalyticsQlik - Unlocking the Power of Big Data Analytics
Qlik - Unlocking the Power of Big Data Analytics
 
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...
TCS 2020 CFO Study Master Report - How real-time intelligence will separate t...
 
Fundamental Review of the Trading Book (FRTB) – Data Challenges
Fundamental Review of the Trading Book (FRTB) – Data ChallengesFundamental Review of the Trading Book (FRTB) – Data Challenges
Fundamental Review of the Trading Book (FRTB) – Data Challenges
 
Customer supply-chain-managment
Customer supply-chain-managmentCustomer supply-chain-managment
Customer supply-chain-managment
 
Students For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their WisdomStudents For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their Wisdom
 
Push to Pull: From Supply Chains to Patient-Centric Value Networks
Push to Pull: From Supply Chains  to Patient-Centric Value NetworksPush to Pull: From Supply Chains  to Patient-Centric Value Networks
Push to Pull: From Supply Chains to Patient-Centric Value Networks
 
ERP on Cloud - Delivering Digital Transformation
ERP on Cloud - Delivering Digital TransformationERP on Cloud - Delivering Digital Transformation
ERP on Cloud - Delivering Digital Transformation
 
Mars Presentation at the Supply Chain Insights Global Summit 2018
Mars Presentation at the Supply Chain Insights Global Summit 2018Mars Presentation at the Supply Chain Insights Global Summit 2018
Mars Presentation at the Supply Chain Insights Global Summit 2018
 
Importance of predictive analytics to business agility
Importance of predictive analytics to business agilityImportance of predictive analytics to business agility
Importance of predictive analytics to business agility
 
Strategic organisations invest in business change and continuous innovation
Strategic organisations invest in business change and continuous innovationStrategic organisations invest in business change and continuous innovation
Strategic organisations invest in business change and continuous innovation
 
Business Intelligence Poster
Business Intelligence PosterBusiness Intelligence Poster
Business Intelligence Poster
 
Reimagining the Contact Center with Digital Technologies
Reimagining the Contact Center with Digital TechnologiesReimagining the Contact Center with Digital Technologies
Reimagining the Contact Center with Digital Technologies
 
Banking and Financial Services: Analytics For Competitive Advantage
Banking and Financial Services: Analytics For Competitive AdvantageBanking and Financial Services: Analytics For Competitive Advantage
Banking and Financial Services: Analytics For Competitive Advantage
 
The Responsive Enterprise: Improving the Customer Experience Forever
The Responsive Enterprise: Improving the Customer Experience ForeverThe Responsive Enterprise: Improving the Customer Experience Forever
The Responsive Enterprise: Improving the Customer Experience Forever
 
How Retail CEOs Can Drive Agile to Grow Their Business
How Retail CEOs Can Drive Agile to Grow Their BusinessHow Retail CEOs Can Drive Agile to Grow Their Business
How Retail CEOs Can Drive Agile to Grow Their Business
 
Create agile businesses with TCS BPS RPA advantage
Create agile businesses with TCS BPS RPA advantageCreate agile businesses with TCS BPS RPA advantage
Create agile businesses with TCS BPS RPA advantage
 
4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...
4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...
4th Annual RiskMinds Insurance Conference - Stream B: The future of Insurance...
 

Similar to Smart Data

How data analytics will drive the future of banking
How data analytics will drive the future of bankingHow data analytics will drive the future of banking
How data analytics will drive the future of bankingSamuel Olaegbe
 
The Incidental Science of Organizational Growth via Digital Transformation
The Incidental Science of Organizational Growth via Digital Transformation The Incidental Science of Organizational Growth via Digital Transformation
The Incidental Science of Organizational Growth via Digital Transformation RocketSource
 
00 14092011-0900-derick-de leo
00 14092011-0900-derick-de leo00 14092011-0900-derick-de leo
00 14092011-0900-derick-de leoguiabusinessmedia
 
Cost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponderCost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponderMarshall Sponder
 
Success Through an Actionable Data Science Stack
Success Through an Actionable Data Science StackSuccess Through an Actionable Data Science Stack
Success Through an Actionable Data Science StackDomino Data Lab
 
Big Data LA 2016: Backstage to a Data Driven Culture
Big Data LA 2016: Backstage to a Data Driven CultureBig Data LA 2016: Backstage to a Data Driven Culture
Big Data LA 2016: Backstage to a Data Driven CulturePauline Chow
 
Saba The New Social Enterprise
Saba The New Social EnterpriseSaba The New Social Enterprise
Saba The New Social Enterprisestephasp
 
Augmented Data Management
Augmented Data ManagementAugmented Data Management
Augmented Data ManagementFORMCEPT
 
Accountex UK keynote_2016_May 9 2016
Accountex UK keynote_2016_May 9 2016Accountex UK keynote_2016_May 9 2016
Accountex UK keynote_2016_May 9 2016David Patton
 
Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...
Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...
Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...Elemica
 
Whitepaper - Simplifying Analytics Adoption in Enterprise
Whitepaper - Simplifying Analytics Adoption in EnterpriseWhitepaper - Simplifying Analytics Adoption in Enterprise
Whitepaper - Simplifying Analytics Adoption in EnterpriseBRIDGEi2i Analytics Solutions
 
Smart processes Point of View 2017
Smart processes Point of View 2017Smart processes Point of View 2017
Smart processes Point of View 2017Michele G.B. Camuri
 
The value of big data
The value of big dataThe value of big data
The value of big dataSeymourSloan
 
Demonstrating Big Value in Big Data with New Analytics Approaches
Demonstrating Big Value in Big Data with New Analytics ApproachesDemonstrating Big Value in Big Data with New Analytics Approaches
Demonstrating Big Value in Big Data with New Analytics ApproachesJulie Severance
 
Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...
Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...
Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...Yoeri Gabriel Callebaut
 
The CFO in the Age of Digital Analytics
The CFO in the Age of Digital AnalyticsThe CFO in the Age of Digital Analytics
The CFO in the Age of Digital AnalyticsAnametrix
 

Similar to Smart Data (20)

Juha Teljo
Juha TeljoJuha Teljo
Juha Teljo
 
The Quantified Self Goes Corporate
The Quantified Self Goes CorporateThe Quantified Self Goes Corporate
The Quantified Self Goes Corporate
 
How data analytics will drive the future of banking
How data analytics will drive the future of bankingHow data analytics will drive the future of banking
How data analytics will drive the future of banking
 
The Incidental Science of Organizational Growth via Digital Transformation
The Incidental Science of Organizational Growth via Digital Transformation The Incidental Science of Organizational Growth via Digital Transformation
The Incidental Science of Organizational Growth via Digital Transformation
 
00 14092011-0900-derick-de leo
00 14092011-0900-derick-de leo00 14092011-0900-derick-de leo
00 14092011-0900-derick-de leo
 
Cost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponderCost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponder
 
Success Through an Actionable Data Science Stack
Success Through an Actionable Data Science StackSuccess Through an Actionable Data Science Stack
Success Through an Actionable Data Science Stack
 
Big Data LA 2016: Backstage to a Data Driven Culture
Big Data LA 2016: Backstage to a Data Driven CultureBig Data LA 2016: Backstage to a Data Driven Culture
Big Data LA 2016: Backstage to a Data Driven Culture
 
Saba The New Social Enterprise
Saba The New Social EnterpriseSaba The New Social Enterprise
Saba The New Social Enterprise
 
Augmented Data Management
Augmented Data ManagementAugmented Data Management
Augmented Data Management
 
Accountex UK keynote_2016_May 9 2016
Accountex UK keynote_2016_May 9 2016Accountex UK keynote_2016_May 9 2016
Accountex UK keynote_2016_May 9 2016
 
Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...
Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...
Adrian Gonzalez, Adelante SCM – “A Supply Chain Operating Network (SCON): Com...
 
Whitepaper - Simplifying Analytics Adoption in Enterprise
Whitepaper - Simplifying Analytics Adoption in EnterpriseWhitepaper - Simplifying Analytics Adoption in Enterprise
Whitepaper - Simplifying Analytics Adoption in Enterprise
 
Analytics in the boardroom
Analytics in the boardroomAnalytics in the boardroom
Analytics in the boardroom
 
Smart processes Point of View 2017
Smart processes Point of View 2017Smart processes Point of View 2017
Smart processes Point of View 2017
 
The value of big data
The value of big dataThe value of big data
The value of big data
 
Demonstrating Big Value in Big Data with New Analytics Approaches
Demonstrating Big Value in Big Data with New Analytics ApproachesDemonstrating Big Value in Big Data with New Analytics Approaches
Demonstrating Big Value in Big Data with New Analytics Approaches
 
Week4 day4
Week4 day4Week4 day4
Week4 day4
 
Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...
Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...
Intelligent Data And Content Visualisation: Missing Link For A More Value-Add...
 
The CFO in the Age of Digital Analytics
The CFO in the Age of Digital AnalyticsThe CFO in the Age of Digital Analytics
The CFO in the Age of Digital Analytics
 

More from Elemica

Evonik Supply Chain Visibility Presentation - Elemica Executive Luncheon
Evonik Supply Chain Visibility Presentation - Elemica Executive LuncheonEvonik Supply Chain Visibility Presentation - Elemica Executive Luncheon
Evonik Supply Chain Visibility Presentation - Elemica Executive LuncheonElemica
 
Risk management
Risk managementRisk management
Risk managementElemica
 
The Outside-In Supply Chain
The Outside-In Supply ChainThe Outside-In Supply Chain
The Outside-In Supply ChainElemica
 
3 Reasons to Become an Elemica Trading Partner
3 Reasons to Become an Elemica Trading Partner3 Reasons to Become an Elemica Trading Partner
3 Reasons to Become an Elemica Trading PartnerElemica
 
5 New Rules of Transportation
5 New Rules of Transportation5 New Rules of Transportation
5 New Rules of TransportationElemica
 
7 tips to begin your B2B Video Marketing Strategy
7 tips to begin your B2B Video Marketing Strategy7 tips to begin your B2B Video Marketing Strategy
7 tips to begin your B2B Video Marketing StrategyElemica
 
Advantages of Video Marketing
Advantages of Video Marketing Advantages of Video Marketing
Advantages of Video Marketing Elemica
 
Past vs Future Digital Transformation of the Supply Chain
Past vs Future Digital Transformation of the Supply ChainPast vs Future Digital Transformation of the Supply Chain
Past vs Future Digital Transformation of the Supply ChainElemica
 
B2B Video Optimization
B2B Video OptimizationB2B Video Optimization
B2B Video OptimizationElemica
 
Declarations of a High-Performing Marketing Team
Declarations of a High-Performing Marketing TeamDeclarations of a High-Performing Marketing Team
Declarations of a High-Performing Marketing TeamElemica
 
Information is the New Oil
Information is the New Oil Information is the New Oil
Information is the New Oil Elemica
 
Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...
Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...
Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...Elemica
 
Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...
Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...
Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...Elemica
 
Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"
Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"
Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"Elemica
 
Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...
Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...
Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...Elemica
 
Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...
Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...
Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...Elemica
 
Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...
Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...
Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...Elemica
 
Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...
Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...
Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...Elemica
 
Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...
Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...
Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...Elemica
 
Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"
Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"
Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"Elemica
 

More from Elemica (20)

Evonik Supply Chain Visibility Presentation - Elemica Executive Luncheon
Evonik Supply Chain Visibility Presentation - Elemica Executive LuncheonEvonik Supply Chain Visibility Presentation - Elemica Executive Luncheon
Evonik Supply Chain Visibility Presentation - Elemica Executive Luncheon
 
Risk management
Risk managementRisk management
Risk management
 
The Outside-In Supply Chain
The Outside-In Supply ChainThe Outside-In Supply Chain
The Outside-In Supply Chain
 
3 Reasons to Become an Elemica Trading Partner
3 Reasons to Become an Elemica Trading Partner3 Reasons to Become an Elemica Trading Partner
3 Reasons to Become an Elemica Trading Partner
 
5 New Rules of Transportation
5 New Rules of Transportation5 New Rules of Transportation
5 New Rules of Transportation
 
7 tips to begin your B2B Video Marketing Strategy
7 tips to begin your B2B Video Marketing Strategy7 tips to begin your B2B Video Marketing Strategy
7 tips to begin your B2B Video Marketing Strategy
 
Advantages of Video Marketing
Advantages of Video Marketing Advantages of Video Marketing
Advantages of Video Marketing
 
Past vs Future Digital Transformation of the Supply Chain
Past vs Future Digital Transformation of the Supply ChainPast vs Future Digital Transformation of the Supply Chain
Past vs Future Digital Transformation of the Supply Chain
 
B2B Video Optimization
B2B Video OptimizationB2B Video Optimization
B2B Video Optimization
 
Declarations of a High-Performing Marketing Team
Declarations of a High-Performing Marketing TeamDeclarations of a High-Performing Marketing Team
Declarations of a High-Performing Marketing Team
 
Information is the New Oil
Information is the New Oil Information is the New Oil
Information is the New Oil
 
Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...
Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...
Ignite 2015 NA - Randy Meriwether - "Habituation: How to Overcome this Succes...
 
Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...
Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...
Ignite 2015 NA - Paul Lord - "Insights on Supply Chain for the Chemical Indus...
 
Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"
Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"
Ignite 2015 NA - Noël Perry - "Transportation - A Year on the Edge"
 
Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...
Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...
Ignite 2015 NA - Mark Babbitt - "A World Gone Social: How Companies Must Adap...
 
Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...
Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...
Ignite 2015 NA - Dorothy Lellek - "Touches Demand Capture: Increasing Overall...
 
Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...
Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...
Ignite 2015 NA - Carol Sanford - "The Responsible Business: Reimagining Susta...
 
Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...
Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...
Ignite 2015 NA - Ann-Marie Craig - "Keys to a Successful Connection: A Custom...
 
Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...
Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...
Ignite 2015 NA Technology Breakout Session - "Security, Stability and Scalabi...
 
Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"
Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"
Ignite 2015 NA Sourcing Breakout Session - "Using Data to Make Better Decisions"
 

Recently uploaded

Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Anamikakaur10
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLkapoorjyoti4444
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...amitlee9823
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1kcpayne
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876dlhescort
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 

Recently uploaded (20)

Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 

Smart Data

  • 1. Somewhat or More Familiar 59% Extremely Somewhat Not Very 8% Very 16% 35% 41% WHAT’S TO GAIN? DESCRIPTIVE WHAT HAPPENED? Get in touch with reality, a single source of truth. Largely Reporting PREDICTIVE WHAT WILL HAPPEN? Understand the most likely future scenario, and it’s business implications PRESCRIPTIVE WHAT SHOULD WE DO ABOUT IT? Collaborate for maximum business value, informed by advanced analytics External Supply chain optimization isn’t linear, but the 1st & 2nd generation of planning solutions are built that way Concurrent optimization in combination with cognitive learning delivers greater insights and flexibility, but no proven ROI VOLUME+VELOCITY+VERACITY+VALUE Because of DATA Managers can now measure, and learn more about their business, in order to translate the new known knowledge into better and improved decision making More data at a faster rate than ever before are being emitted through forms of: messages, updates, images, social networking, readings from sensors, GPS signals, cell phone usage, and more. SMART DATA EQUALS MORE REVENUE Top ranking companies in their industry using data-driven decision making are on average, 5% more productive and 6% more profitable THAN their competitors OPTIMIZATION LEARNING REPORTING YIELDS BETTER... Disparate systems make getting to data difficult – 5-7 ERPs solutions and 2-3 instances IT budgets – tighter than ever Struggling with massive data complexity Internal Product traceability data 61% 38% 55% 36% 45% 27% 42% 26% 36% 28% 33% 20% 30% 23% 21% 24% 39% 33% 36% 20% 36% 21% Supply chain visibility Geo-location and mapping data Mobile applications RFID transmission Unstructured data in warranty Temperature and product streaming Voice and video data Internet of things (e.g. sensory devices Sentiment data from user-generated Sentiment data from socialmedia on equipment, vending machines. etc. and quality logs comments on ratings, reviews and blogs (e.g. Facebook, Twitter, etc.) DATA MOVING FORWARD ONLY 20% of companies feel their supply chains are working well in the Supply Chain SMART Initiative in the Supply Chain Data Rules Engines Deployment Process Flows Database Structures Structured Simple rules: single “ifs” to single “thens” Optimization based on a “known” function or mathematical outcome Within the organization Inside-out with a focus on the efficient response Relational Structured and unstructured Adaptive rules: multiple “ifs” to multiple “thens” through cognitive learning Concurrent optimization, cognitive learning and combinational math to drive discovery and new insights Cloud-based to synchronize inter-and-intra- enterprise flows Outside-in with a focus on sensing and adaptation Relational and non-relational to mine data in lakes, streams and clouds Current State Evolving Techniques COGNITIVE WHERE IS THE NEXT STEP-CHANGE IN DRIVING AN INTELLIGENT RESPONSE? Highly automated optimization solutions that get smarter over time CURRENT VS. EVOLVING WHERE ARE THE IMPROVEMENT OPPORTUNITIES SOURCE: http://www.information-age.com/technology/information-management/123458486/big-data-dead-rise-smart-data http://supplychaininsights.com/big-data-and-analytics-the-new-underpinning-for-supply-chain-success/ https://hbr.org/2012/10/big-data-the-management-revolution/ar HOW TO OBTAIN SMART DATA Data-driven decisions are better decisions PERFORMANCE USING TYPES OF DATA =BIG DATA DATA FAMILIARITY WITH DATA WHO SEES IT AS AN OPPORTUNITY? >$500M revenue 79% SMART DATA The purpose of smart data (veracity & value) is to filter out the noise and hold the valuable data, and when done effectively can be used by the enterprise to solve business problems. <$500M revenue 40% are manufacturers 58% are retailers 42% DATA OUTLOOK Data Initiative No Initiative If a businesss simply uses volume & velocity, that qualifies as a BIG DATA problem. However, a lot of this data comprises noise.