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Everything around us – every structure, community, system, and all our enterprises
– are becoming ecosystems where humans, machines and data are connected
and getting smarter all the time.
Our Three Digital Beliefs Still Hold True
1. Interactions between people, places and things creates value
2. Platforms & Eco-systems are the new plane of competition
3. Data is the foundation of Digital Business
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:
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)
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
Brand Value (1960s) vs Data Value (2020)
Coca-Cola’s brand value $58.5 Bn (+4% YoY)
Revenues $21.9 Bn
Ad Spend $4 Bn
Source : Forbes August 2016
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
Introducing the Data Driven Airport
• Improving the Passenger Experience
• Measuring foot-fall, linger time and interest
• Context aware offers and day of travel communication
Predictive Based Maintenance
Digital customer service and workforce solutions, which offer better service levels and staff experience Reduced employee absence by 55%
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
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
Oracle is building applications—not a platform—that integrate with your existing technology These Apps exploit data from Oracle’s Data Cloud [5B+ consumer and business profiles and data in your enterprise Apps Taking the best of machine learning, human and rules- based controls.
Oracle Adaptive Intelligence An Application-First and Blended Approach
A Partnership of Humans & Machines
Smart People who Advise
Smart Machines that Automate
Smart Businesses that Anticipate
Knowing when to break the rule… or create a new one
We need machines to automate and advise… But we also need humans to exercise judgement …
Where Is Your Business on This Continuum?
A business that has data
A business driven by data
A business
that Anticipates
Connecting the world’s industrial assets: Digital Manufacturing
...taking in machine-grade data at scale, analyse it and act upon it to improve outcomes
Augmenting your Platform with New Capabilities
Adaptive Intelligence
BOTS
PaaS
NLP
Data Cloud
IaaS
SaaS
The data-driven digital platform
Predictive Analytics
Mapping a New Data Agenda
Today’s leading enterprises don’t have data
They are driven by data
To get ahead of that curve, we must all:
• Re-understand what our data means to us.
• Re-appraise how data can revitalise our strategy and operations.
• Model how to manage, acquire and apply our data effectively.
• And constantly improve. Because data never ends.
Mobility as a service
An innovative e-bike rental service in Japan, which
provides an eco-friendly, shared vehicle service.
Supporting Japans desire to promote clean and
energy-efficient transportation
The Large Hadron Collider Discovering the nature of the universe
150m Sensors... Producing
1TB of data per second
Deliver Aircraft faster: Data, data Everywhere
Backlog of planes More flight testing
needed, in less time