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LEVERAGING ANALYTICS
TO IMPROVE THE CUSTOMER EXPERIENCE




                 Brian Vellmure
                 Leading Transformation for Next Generation Organizations


@BrianVellmure   http://www.brianvellmure.com
WHY THIS TOPIC MATTERS
SPEED OF INNOVATION SURPASSING
CAPABILITIES OF TRADITIONAL ORGANIZATIONS
                                       “Competitive Intensity has
                                      more than doubled in the last
                                               40 years”
  “Big companies are losing their
     leadership position at an
         increasing rate”
                                                            “Greater access to information and
                                                             choices boost consumer power”

  “Winning companies are barely
holding on, while losers experience
rapidly deteriorating performance”
                                                             “Brand disloyalty is increasing among
                                                             consumers, particularly the younger
                                                                         generation”




                                                                  @BrianVellmure   http://www.brianvellmure.com
CHANGE HAPPENING EXPONENTIALLY FASTER
IMAGE CREDIT: TIME.com    @BrianVellmure   http://www.brianvellmure.com
AVE LIFESPAN OF ANS&P 500 Company
        Ave. Lifespan of S&P 500 COMPANY

80


     75 years
60




40




20
                  25 years
                                  15 years
 0
       1937         2002                 2012
                              @BrianVellmure   http://www.brianvellmure.com
In an era where nearly every
                                                               industry/product/service is
                                                           experiencing shorter cycle times,


                                                           the customer experience
                                                              is arguably the last
                                                             remaining bastion of
                                                              true differentiation.




IMAGE CREDIT: http://www.bestourism.com/medias/dfp/14884                   @BrianVellmure   http://www.brianvellmure.com
CUSTOMER EXPERIENCE LEADERS OUTPERFORM




                          @BrianVellmure   http://www.brianvellmure.com
THE INTERSECTION BETWEEN
CUSTOMER EXPERIENCE AND ANALYTICS
WHAT IS YOUR CUSTOMER’S JOURNEY ?




                         @BrianVellmure   http://www.brianvellmure.com
MOST COMMONLY USED CUSTOMER DATA




   Demographic
   Transactional
   Log Data
   Email
   Event Data


                       @BrianVellmure   http://www.brianvellmure.com
EMERGING ANALYTICS FRONTIERS

         Social Media                               Video         RFID
                                                                             Sensor Data       Geolocation Data
                                    Other digital unstructured data
                                                                                                     Audio
         External structured data                                      Image data


                                                               Video




IMAGE CREDIT: National Geographic                                                   @BrianVellmure   http://www.brianvellmure.com
In the time it takes you to read this
                      slide, 8 hours of content will be
                    uploaded to YouTube, almost 8,000
                       apps will be downloaded from
                     iTunes, over 114,000 items will be
                       shared on facebook, more than
                       16,000 posts will be shared on
                      Twitter, and over 333,000 search
                       queries will be sent to Google.
SOURCE: The Tapscott Group, Rethinking Analytics for the Social Enterprise, 2012   @BrianVellmure   http://www.brianvellmure.com
1980                               2012
                  A terabyte of disk storage                                       A terabyte of disk storage
                    cost $14,000,000.                                                     cost $30.

                        Processing Power of an                                      Processing Power of an
                           iPad2 cost about                                         iPad2 cost about $300
                           $100,000,000




SOURCE: The Tapscott Group, Rethinking Analytics for the Social Enterprise, 2012           @BrianVellmure   http://www.brianvellmure.com
ALL THE WORLD’S MUSIC CAN BE STORED FOR...




                       Big Data Stats here




SOURCE: Kevin Kelly                          @BrianVellmure   http://www.brianvellmure.com
MICRO    EVERYTHING




IMAGE CREDIT: http://www.flickr.com/photos/katherinenaomi/3456906437/sizes/z/in/photostream/     @BrianVellmure   http://www.brianvellmure.com
WHAT DO WE DO WITH ALL THIS DATA?




                        @BrianVellmure   http://www.brianvellmure.com
Help me
 accomplish             Help me feel
what I’m trying            good
    to do




                  @BrianVellmure   http://www.brianvellmure.com
SMALL DATA = BIG   ROCKS




BIG DATA = SMALL ROCKS
                     @BrianVellmure   http://www.brianvellmure.com
ASK BETTER
QUESTIONS



             Ask better questions




                                    @BrianVellmure   http://www.brianvellmure.com
Get better answers




                      FIND BETTER
                        ANSWERS
                     @BrianVellmure   http://www.brianvellmure.com
DISCOVER NEW
                                                                              PATTERNS




 GENERATE NEW
   INSIGHTS
IMAGE Source http://blogs.law.harvard.edu/metaxas/category/social-media/    @BrianVellmure   http://www.brianvellmure.com
Make better decisions


                    MAKE BETTER
                     DECISIONS


                        @BrianVellmure   http://www.brianvellmure.com
ASK BETTER            DISCOVER NEW
QUESTIONS                PATTERNS



             MAKE BETTER
              DECISIONS
                           FASTER
FIND BETTER           GENERATE NEW
  ANSWERS               INSIGHTS



                                     @BrianVellmure   http://www.brianvellmure.com
FROM WHAT IS HAPPENING TO
   WHAT SHOULD WE DO?




                     @BrianVellmure   http://www.brianvellmure.com
Amazon, Netflix,
                                    LinkedIn, US Military
                                    (recommending what
                                    solders should do) - talk
                                    about case studies in Box
                                    5 (screen capture) - talk
                                    about “Untitled 9”
                                    screen capture




Predictive Algorithms




                        @BrianVellmure   http://www.brianvellmure.com
A REAL LIFE “PERSON OF INTEREST”




                         @BrianVellmure   http://www.brianvellmure.com
TOWARDS ALGORITHMIC & PREDICTIVE
          CAPABILITIES




                        @BrianVellmure   http://www.brianvellmure.com
WAYS TO GET STARTED
THANK YOU.
      Let’s continue the dialogue.



   @BrianVellmure
   brian@brianvellmure.com
   http://www.brianvellmure.com

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Leveraging Analytics to Improve the Customer Experience

  • 1. LEVERAGING ANALYTICS TO IMPROVE THE CUSTOMER EXPERIENCE Brian Vellmure Leading Transformation for Next Generation Organizations @BrianVellmure http://www.brianvellmure.com
  • 2. WHY THIS TOPIC MATTERS
  • 3. SPEED OF INNOVATION SURPASSING CAPABILITIES OF TRADITIONAL ORGANIZATIONS “Competitive Intensity has more than doubled in the last 40 years” “Big companies are losing their leadership position at an increasing rate” “Greater access to information and choices boost consumer power” “Winning companies are barely holding on, while losers experience rapidly deteriorating performance” “Brand disloyalty is increasing among consumers, particularly the younger generation” @BrianVellmure http://www.brianvellmure.com
  • 4. CHANGE HAPPENING EXPONENTIALLY FASTER IMAGE CREDIT: TIME.com @BrianVellmure http://www.brianvellmure.com
  • 5. AVE LIFESPAN OF ANS&P 500 Company Ave. Lifespan of S&P 500 COMPANY 80 75 years 60 40 20 25 years 15 years 0 1937 2002 2012 @BrianVellmure http://www.brianvellmure.com
  • 6. In an era where nearly every industry/product/service is experiencing shorter cycle times, the customer experience is arguably the last remaining bastion of true differentiation. IMAGE CREDIT: http://www.bestourism.com/medias/dfp/14884 @BrianVellmure http://www.brianvellmure.com
  • 7. CUSTOMER EXPERIENCE LEADERS OUTPERFORM @BrianVellmure http://www.brianvellmure.com
  • 8. THE INTERSECTION BETWEEN CUSTOMER EXPERIENCE AND ANALYTICS
  • 9. WHAT IS YOUR CUSTOMER’S JOURNEY ? @BrianVellmure http://www.brianvellmure.com
  • 10. MOST COMMONLY USED CUSTOMER DATA Demographic Transactional Log Data Email Event Data @BrianVellmure http://www.brianvellmure.com
  • 11. EMERGING ANALYTICS FRONTIERS Social Media Video RFID Sensor Data Geolocation Data Other digital unstructured data Audio External structured data Image data Video IMAGE CREDIT: National Geographic @BrianVellmure http://www.brianvellmure.com
  • 12. In the time it takes you to read this slide, 8 hours of content will be uploaded to YouTube, almost 8,000 apps will be downloaded from iTunes, over 114,000 items will be shared on facebook, more than 16,000 posts will be shared on Twitter, and over 333,000 search queries will be sent to Google. SOURCE: The Tapscott Group, Rethinking Analytics for the Social Enterprise, 2012 @BrianVellmure http://www.brianvellmure.com
  • 13. 1980 2012 A terabyte of disk storage A terabyte of disk storage cost $14,000,000. cost $30. Processing Power of an Processing Power of an iPad2 cost about iPad2 cost about $300 $100,000,000 SOURCE: The Tapscott Group, Rethinking Analytics for the Social Enterprise, 2012 @BrianVellmure http://www.brianvellmure.com
  • 14. ALL THE WORLD’S MUSIC CAN BE STORED FOR... Big Data Stats here SOURCE: Kevin Kelly @BrianVellmure http://www.brianvellmure.com
  • 15. MICRO EVERYTHING IMAGE CREDIT: http://www.flickr.com/photos/katherinenaomi/3456906437/sizes/z/in/photostream/ @BrianVellmure http://www.brianvellmure.com
  • 16. WHAT DO WE DO WITH ALL THIS DATA? @BrianVellmure http://www.brianvellmure.com
  • 17. Help me accomplish Help me feel what I’m trying good to do @BrianVellmure http://www.brianvellmure.com
  • 18. SMALL DATA = BIG ROCKS BIG DATA = SMALL ROCKS @BrianVellmure http://www.brianvellmure.com
  • 19. ASK BETTER QUESTIONS Ask better questions @BrianVellmure http://www.brianvellmure.com
  • 20. Get better answers FIND BETTER ANSWERS @BrianVellmure http://www.brianvellmure.com
  • 21. DISCOVER NEW PATTERNS GENERATE NEW INSIGHTS IMAGE Source http://blogs.law.harvard.edu/metaxas/category/social-media/ @BrianVellmure http://www.brianvellmure.com
  • 22. Make better decisions MAKE BETTER DECISIONS @BrianVellmure http://www.brianvellmure.com
  • 23. ASK BETTER DISCOVER NEW QUESTIONS PATTERNS MAKE BETTER DECISIONS FASTER FIND BETTER GENERATE NEW ANSWERS INSIGHTS @BrianVellmure http://www.brianvellmure.com
  • 24. FROM WHAT IS HAPPENING TO WHAT SHOULD WE DO? @BrianVellmure http://www.brianvellmure.com
  • 25. Amazon, Netflix, LinkedIn, US Military (recommending what solders should do) - talk about case studies in Box 5 (screen capture) - talk about “Untitled 9” screen capture Predictive Algorithms @BrianVellmure http://www.brianvellmure.com
  • 26. A REAL LIFE “PERSON OF INTEREST” @BrianVellmure http://www.brianvellmure.com
  • 27. TOWARDS ALGORITHMIC & PREDICTIVE CAPABILITIES @BrianVellmure http://www.brianvellmure.com
  • 28. WAYS TO GET STARTED
  • 29. THANK YOU. Let’s continue the dialogue. @BrianVellmure brian@brianvellmure.com http://www.brianvellmure.com