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KEYNOTE SPEAKER:
Alexander Isakov
Sr. Alexander Isakov
CEO
Pallantiushttp://pallantius.com
October 5, 2016
Innovation-Driven Thinking: Outrunning
Disruption through 2020
Obligatory Slide
4Confidential
BIG DATA
HUGE DATA
Innovation-Driven Thinking – An Outline
5Confidential
Data about customers
Data about competitors
Data about employees
Our Journey
6Confidential
Trends: where is
the world going?
Innovation-Driven Thinking:
how do we do better?
Trend 1: Data-Driven Processes
7Confidential
HiPPOs and Gut FeelingData-Driven Solutions
+
Process
Trend 1: Application
8Confidential
Old-school fraud detection
Trend 1: Application
9Confidential
Modern fraud detection
Trend 1: Application
10Confidential
Data Process Bridge Action!
Trend 1: Relevance Score
11Confidential
Score: 5/5
Trend 2: Data Lakes
12Confidential
Trend 2: Data Lakes
13Confidential
Demographics Location Freeform Text
Clickstreams
Trend 2: Application
14Confidential
Trend 2: Application
15Confidential
+
Trend 2: Challenges
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- Domain specificity and lack of one-size-fits-all solutions
- Flexibility
- Quality controls with automation
Danger: Data lake becomes “data swamp”
Trend 2: Relevance Score
17Confidential
Score: 3/5
Trend 3: Data Privacy
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Trend 3: Application
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Trend 3: Application
20Confidential
+ +
Higher Home Insurance Premium
Trend 3: Challenges
21Confidential
- Innovation/privacy trade-off – more data, more insight, but also more vulnerability
- Regulations on collecting/storing/using information
- Exposure of seemingly innocuous information can lead to brand damage
Danger: Consumer data can be used against them
Trend 3: Relevance Score
22Confidential
Score: 5/5
Trend 4: Human-AI Interactions
23Confidential
Trend 4: Application
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Trend 4: Challenges
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- Specific use-case technology is more prevalent than broad use cases
- Much of the technology is still immature/experimental, and can lead to customer frustration
Danger: Poor implementation can lead to PR nightmare
Trend 4: Relevance Score
26Confidential
Score: 3/5
Trend 5: Internet of Things
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Trend 5: Application
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Trend 5: Challenges
29Confidential
- Data volume – many sensors collecting in real time
- Data velocity – cannot store it need real-time algorithms
- Data quality – coming from physical objects or multiple objects
interacting together (very messy!)
- Data and physical security and ongoing support
???
Danger: high cost/complexity without clear need
Trend 5: Relevance Score
30Confidential
Score: 2/5
Thank You!
31Confidential
www.linkedin.com/in/alexanderisakov
+1.617.710.3312
56 Silver Hill Road
Sudbury, MA 01776
USA
Innovation-driven thinking is a lifestyle. Be fearless
and have fun – who knows what you’ll discover?
