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Karin Patenge "DIGITAL TRANSFORMATION DATA DRIVEN BUSINESS Bedeutung und Nutzen von Daten"

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Karin Patenge "DIGITAL TRANSFORMATION DATA DRIVEN BUSINESS Bedeutung und Nutzen von Daten"

  1. 1. DIGITAL TRANSFORMATION DATA DRIVEN BUSINESS Bedeutung und Nutzen von Daten Dipl.-Inf. Karin Patenge | karin.patenge@oracle.com Business Development Manager – Data Management Oracle Deutschland B.V. & Co. KG
  2. 2. Everything around us – every structure, community, system, and all our enterprises – are becoming ecosystems where people, data and machines are connected and getting smarter all the time.
  3. 3. Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | Confidential – Oracle
  4. 4. Information is replacing technology as the most critical business asset. And so business leaders must make the data around and within their business ecosystem the centre of new planning, funding and revenue models. New wave, New focus:
  5. 5. Data Has Huge Emergent Potential It is often said that Data is the new oil, but is it really? Data makes more data Data can be consumed by multiple people, places and things at the same time Its value increases when combined (with other data)
  6. 6. And most of us don’t understand its value. 84% of S&P 500’s market value is intangible assets 5% of organisations know the value of their data Less than Source: Ocean Tomo LLC, 2015 Intangible Asset Market Value Study; The Wall Street Journal
  7. 7. Some are born data driven We must move beyond HAVING data to BEING data driven
  8. 8. Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | 15Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | 15 Five Important Business Themes To Pay Attention To Monetizing Data Data Driven Marketing Transforming Asset Management & Maintenance with IoT Improving Hiring Retention With Machine Learning Fraud Detection, Investigation & Prevention
  9. 9. Copyright © 2017, Oracle and/or its affiliates. All rights reserved. |Copyright © 2017, Oracle and/or its affiliates. All rights reserved. Optimize Marketing Spend Omni-Channel Marketing to Customers Consumer Buys (conversion) Capture Customer Interaction Data Review & Prepare Data For Analysis Analyze Attribution, Marketing Mix, ROI Review Results & Plan Marketing Campaign Marketing activities connect with customer across multiple channels Customer responds with desired behavior Data Steward stages multiple data sources in data reservoir Citizen Data Scientist performs data discovery and data wrangling Marketing reviews visualized results & plans marketing campaign Data Scientist analyzes historical data and models data for predictions Aggregate, Manage, Experiment, Analyze, and Act Data Driven Marketing
  10. 10. Two things you do with data. 1. Do things better 2. Decide things better
  11. 11. CAPTURE KEEP USE MANAGE ACQUIRE APPLY • This is where most business are today • Focus is upon Big Data / Data Lakes & Single View of customer (that’s ok)… • Lots of Capture & Keep but very limited Use • Data Driven Business is more than Big Data
  12. 12. CAPTURE KEEP USE OWN BUY SHARE MANAGE ACQUIRE APPLY • Majority of Businesses use only Owned data • Combining 1st party data with 3rd party data, to create new products, services and experiences
  13. 13. CAPTURE KEEP USE OWN BUY SHARE ANALYTICS ALGORITHMS APPS MANAGE ACQUIRE APPLY
  14. 14. Where Is Your Business on This Continuum? A business that has data A business driven by data A business that Anticipates
  15. 15. Characteristics of a Data Driven Business Drive “data value” across connected ecosystems People and machines in partnership Learns and improves - continuously Uses data to create new business models Data has economic value

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